The closing price of Expensify Inc (NASDAQ: EXFY) was $1.50 for the day, down -9.09% from the previous closing price of $1.65. In other words, the price has decreased by -$0.1500 from its previous closing price. On the day, 524173 shares were traded.
Ratios:
Our analysis of EXFY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.70 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 752.12. For the most recent quarter (mrq), Quick Ratio is recorded 2.02 and its Current Ratio is at 2.02. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.06.
On August 09, 2023, Loop Capital Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $9 to $6.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 08 ’24 when Barrett David Michael sold 15,992 shares for $1.55 per share. The transaction valued at 24,788 led to the insider holds 1,232,447 shares of the business.
Barrett David Michael sold 15,985 shares of EXFY for $24,777 on Apr 05 ’24. The Chief Executive Officer now owns 1,248,439 shares after completing the transaction at $1.55 per share. On Apr 04 ’24, another insider, Barrett David Michael, who serves as the Chief Executive Officer of the company, sold 15,404 shares for $1.62 each. As a result, the insider received 24,954 and left with 1,264,424 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EXFY now has a Market Capitalization of 140.59M and an Enterprise Value of 122.63M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 0.81 whereas that against EBITDA is -4.38.
Stock Price History:
Over the past 52 weeks, EXFY has reached a high of $8.69, while it has fallen to a 52-week low of $1.50. The 50-Day Moving Average of the stock is 1.8298, while the 200-Day Moving Average is calculated to be 3.3882.
Shares Statistics:
EXFY traded an average of 645.47K shares per day over the past three months and 513.89k shares per day over the past ten days. A total of 70.57M shares are outstanding, with a floating share count of 43.36M. Insiders hold about 49.13% of the company’s shares, while institutions hold 39.24% stake in the company. Shares short for EXFY as of Mar 15, 2024 were 2.08M with a Short Ratio of 2.63, compared to 1.9M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.44% and a Short% of Float of 3.66%.
Earnings Estimates
The firm’s stock currently is rated by 7 analysts. On average, analysts expect EPS of $0.04 for the current quarter, with a high estimate of $0.08 and a low estimate of $0, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.04, with high estimates of $0.09 and low estimates of $0.
Analysts are recommending an EPS of between $0.3 and $0.01 for the fiscal current year, implying an average EPS of $0.16. EPS for the following year is $0.19, with 7 analysts recommending between $0.36 and $0.03.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $37.03M to a low estimate of $34.5M. As of the current estimate, Expensify Inc’s year-ago sales were $40.1M, an estimated decrease of -11.70% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $35.99M, a decrease of -7.40% over than the figure of -$11.70% in the same quarter last year. There is a high estimate of $39.65M for the next quarter, whereas the lowest estimate is $34M.
A total of 7 analysts have provided revenue estimates for EXFY’s current fiscal year. The highest revenue estimate was $157.21M, while the lowest revenue estimate was $139.3M, resulting in an average revenue estimate of $143.33M. In the same quarter a year ago, actual revenue was $150.69M, down -4.90% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $152.41M in the next fiscal year. The high estimate is $170.53M and the low estimate is $143M. The average revenue growth estimate for next year is up 6.30% from the average revenue estimate for this year.
