Northland Capmk Issues Negative Estimate for IMXI Earnings

International Money Express, Inc. (NASDAQ:IMXI - Free Report) - Analysts at Northland Capmk reduced their Q1 2025 earnings per share (EPS) estimates for shares of International Money Express in a research report issued to clients and investors on Wednesday, February 26th. Northland Capmk analyst M. Grondahl now anticipates that the company will earn $0.37 per share for the quarter, down from their prior forecast of $0.40. The consensus estimate for International Money Express' current full-year earnings is $1.97 per share.

IMXI has been the subject of a number of other research reports. Needham & Company LLC decreased their price objective on shares of International Money Express from $25.00 to $20.00 and set a "buy" rating for the company in a research report on Monday. UBS Group reduced their price target on International Money Express from $22.00 to $17.00 and set a "neutral" rating for the company in a report on Tuesday. Monness Crespi & Hardt downgraded International Money Express from a "buy" rating to a "neutral" rating in a research report on Thursday, January 23rd. Northland Securities raised their price objective on International Money Express from $23.00 to $27.00 and gave the company an "outperform" rating in a research report on Monday, November 11th. Finally, BMO Capital Markets lifted their target price on International Money Express from $27.00 to $30.00 and gave the stock an "outperform" rating in a research note on Monday, November 11th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus price target of $24.50.

International Money Express Stock Down 1.3 %

Shares of NASDAQ:IMXI traded down $0.19 during midday trading on Monday, hitting $14.86. The stock had a trading volume of 222,726 shares, compared to its average volume of 244,049. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 1.12. The business's 50-day simple moving average is $19.26 and its 200-day simple moving average is $19.13. International Money Express has a 12 month low of $14.68 and a 12 month high of $23.28. The company has a market cap of $462.13 million, a P/E ratio of 8.30 and a beta of 0.87.

Institutional Investors Weigh In On International Money Express

A number of institutional investors have recently made changes to their positions in IMXI. Aquatic Capital Management LLC acquired a new stake in International Money Express during the 4th quarter worth approximately $169,000. Meeder Asset Management Inc. increased its position in International Money Express by 90.7% during the 3rd quarter. Meeder Asset Management Inc. now owns 11,560 shares of the company's stock worth $214,000 after buying an additional 5,499 shares during the period. Lazard Asset Management LLC lifted its holdings in shares of International Money Express by 6.1% during the fourth quarter. Lazard Asset Management LLC now owns 11,361 shares of the company's stock worth $235,000 after buying an additional 654 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of International Money Express by 23.4% in the fourth quarter. SG Americas Securities LLC now owns 11,520 shares of the company's stock valued at $240,000 after acquiring an additional 2,182 shares during the period. Finally, Jump Financial LLC acquired a new position in shares of International Money Express in the fourth quarter valued at about $281,000. Institutional investors own 86.71% of the company's stock.

International Money Express Company Profile

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.