International Money Express (IMXI) Scheduled to Post Earnings on Friday

International Money Express (NASDAQ:IMXI - Get Free Report) is scheduled to be posting its quarterly earnings results before the market opens on Friday, November 8th. Analysts expect International Money Express to post earnings of $0.54 per share for the quarter. Investors that wish to listen to the company's conference call can do so using this link.

International Money Express (NASDAQ:IMXI - Get Free Report) last posted its earnings results on Wednesday, August 7th. The company reported $0.55 EPS for the quarter, missing the consensus estimate of $0.57 by ($0.02). The business had revenue of $171.53 million for the quarter, compared to the consensus estimate of $174.89 million. International Money Express had a return on equity of 43.97% and a net margin of 8.78%. The company's revenue was up 1.4% on a year-over-year basis. During the same period in the previous year, the firm earned $0.46 earnings per share. On average, analysts expect International Money Express to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

International Money Express Trading Down 0.3 %

Shares of IMXI traded down $0.05 during mid-day trading on Friday, reaching $17.54. The company's stock had a trading volume of 267,070 shares, compared to its average volume of 248,381. International Money Express has a 52 week low of $15.98 and a 52 week high of $23.28. The company's fifty day moving average price is $18.01 and its two-hundred day moving average price is $19.52. The stock has a market cap of $571.98 million, a PE ratio of 10.54 and a beta of 0.81. The company has a current ratio of 1.88, a quick ratio of 1.88 and a debt-to-equity ratio of 1.57.

Analyst Ratings Changes

Several analysts have recently commented on IMXI shares. BTIG Research reaffirmed a "neutral" rating on shares of International Money Express in a research report on Wednesday, August 7th. Oppenheimer initiated coverage on International Money Express in a report on Tuesday, October 1st. They set a "market perform" rating on the stock. Needham & Company LLC reduced their price objective on International Money Express from $25.00 to $22.00 and set a "buy" rating on the stock in a research note on Thursday, August 8th. Finally, Northland Securities lowered their price target on International Money Express from $24.00 to $23.00 and set an "outperform" rating on the stock in a research report on Thursday, August 8th. Two investment analysts have rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, International Money Express presently has an average rating of "Moderate Buy" and an average target price of $25.40.

About International Money Express

International Money Express, Inc, together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. The company offers remittance services, which include a suite of ancillary financial processing solutions and payment services; and online payment options, pre-paid debit cards, and direct deposit payroll cards.