Equities Analysts Set Expectations for IMXI Q2 Earnings

International Money Express, Inc. (NASDAQ:IMXI - Free Report) - Research analysts at Northland Capmk lowered their Q2 2025 earnings per share estimates for shares of International Money Express in a note issued to investors on Wednesday, April 16th. Northland Capmk analyst M. Grondahl now expects that the company will earn $0.52 per share for the quarter, down from their previous estimate of $0.53. The consensus estimate for International Money Express' current full-year earnings is $1.97 per share.

Several other equities analysts have also issued reports on IMXI. Needham & Company LLC reissued a "buy" rating and set a $20.00 price objective on shares of International Money Express in a report on Monday, April 7th. UBS Group cut their target price on International Money Express from $22.00 to $17.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 4th. Finally, Monness Crespi & Hardt lowered shares of International Money Express from a "buy" rating to a "neutral" rating in a research report on Thursday, January 23rd. Four equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus target price of $24.50.

International Money Express Stock Up 2.2 %

Shares of IMXI stock traded up $0.27 on Friday, hitting $12.37. The stock had a trading volume of 184,577 shares, compared to its average volume of 276,075. International Money Express has a one year low of $11.27 and a one year high of $22.38. The business has a 50 day moving average price of $14.02 and a 200 day moving average price of $17.78. The company has a market cap of $379.17 million, a PE ratio of 6.91 and a beta of 1.01. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 1.12.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in International Money Express by 3.6% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,046 shares of the company's stock valued at $376,000 after buying an additional 630 shares during the last quarter. SkyView Investment Advisors LLC raised its holdings in shares of International Money Express by 3.2% during the third quarter. SkyView Investment Advisors LLC now owns 20,241 shares of the company's stock worth $374,000 after purchasing an additional 637 shares during the last quarter. Lazard Asset Management LLC lifted its position in International Money Express by 6.1% during the fourth quarter. Lazard Asset Management LLC now owns 11,361 shares of the company's stock valued at $235,000 after purchasing an additional 654 shares during the period. Russell Investments Group Ltd. boosted its holdings in International Money Express by 0.8% in the fourth quarter. Russell Investments Group Ltd. now owns 87,458 shares of the company's stock valued at $1,822,000 after purchasing an additional 698 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in International Money Express by 23.4% during the 4th quarter. SG Americas Securities LLC now owns 11,520 shares of the company's stock worth $240,000 after purchasing an additional 2,182 shares during the period. 86.71% of the stock is owned by institutional investors and hedge funds.

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.