Expensify (EXFY) Stock Price, News & Analysis

Company Overview

Expensify, Inc. provides a cloud-based expense management software platform to individuals and corporations, small and midsized businesses, and enterprises in the United States and internationally. The company's platform enables users to manage corporate cards, pay bills, generate invoices, collect payments, and book travel. It also offers track and submit plans for individuals. The company was founded in 2008 and is based in Portland, Oregon.

Key Stats

• Today's Range: $3.45 to $3.66
• 50-Day Range: $1.70 to $4.02
• 52-Week Range: $1.24 to $4.13
• Volume: 507,851 shs
• Average Volume: 729,560 shs
• Market Capitalization: $277.76 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.17
• Consensus Rating: Hold

Expensify Stock Analysis - MarketRank™

Expensify scored higher than 22% of companies evaluated by MarketBeat, and ranked 266th out of 330 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.1 / 5
• Analyst Rating: Hold

Consensus Rating

Expensify has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Expensify has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Expensify are expected to grow in the coming year, from ($0.07) to $0.03 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Expensify is -20.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Expensify is -20.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Expensify has a P/B Ratio of 2.47. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.92% of the float of Expensify has been sold short.

Short Interest Ratio / Days to Cover

Expensify has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Expensify has recently increased by 10.18%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Expensify does not currently pay a dividend.

Dividend Growth

Expensify does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.92% of the float of Expensify has been sold short.

Short Interest Ratio / Days to Cover

Expensify has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Expensify has recently increased by 10.18%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.42

News Sentiment

Expensify has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for Expensify this week, compared to 4 articles on an average week.

Search Interest

6 people have searched for EXFY on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Expensify insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $623,413.00 in company stock.

Percentage Held by Insiders

17.33% of the stock of Expensify is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

68.42% of the stock of Expensify is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

EXFY Stock Analysis - Frequently Asked Questions

How have EXFY shares performed this year?

Expensify's stock was trading at $2.47 on January 1st, 2024. Since then, EXFY shares have increased by 45.7% and is now trading at $3.60.
View the best growth stocks for 2024 here.

How were Expensify's earnings last quarter?

Expensify, Inc. (NASDAQ:EXFY) released its quarterly earnings results on Thursday, May, 9th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.08 by $0.12. Expensify's revenue was down 16.5% compared to the same quarter last year.

When did Expensify IPO?

Expensify (EXFY) raised $234 million in an initial public offering (IPO) on Wednesday, November 10th 2021. The company issued 9,730,776 shares at a price of $23.00-$25.00 per share.

Who are Expensify's major shareholders?

Top institutional investors of Expensify include Baillie Gifford & Co. (1.21%), Walleye Capital LLC (0.78%), Geode Capital Management LLC (0.67%) and RBF Capital LLC (0.63%). Insiders that own company stock include Steven J Mclaughlin, David Michael Barrett, Jason Fahr Mills, Daniel Vidal, Ryan Schaffer, Timothy L Christen, Ying Liu, Anuradha Muralidharan and Openview Management, Llc.
View institutional ownership trends.

How do I buy shares of Expensify?

Shares of EXFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Expensify own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Expensify investors own include American Water Works (AWK), Waste Connections (WCN), Humana (HUM), The RMR Group (RMR), AUO (AUOTY), Voyager Therapeutics (VYGR) and DiamondRock Hospitality (DRH).

Company Calendar

• Last Earnings: 5/09/2024
• Today: 12/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Prepackaged software
• Sub-Industry: Computer Software
• Current Symbol: NASDAQ:EXFY
• CUSIP: N/A
• CIK: 1476840
• Web: www.expensify.com
• Phone: 971-365-3939
• Fax: N/A
• Employees: 133
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.17
• High Stock Price Target: $5.00
• Low Stock Price Target: $2.00
• Potential Upside/Downside: -12.0%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.18)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-41,460,000.00
• Net Margins: -11.81%
• Pretax Margin: -6.17%
• Return on Equity: -14.72%
• Return on Assets: -8.89%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.87
• Quick Ratio: 2.87

Sales & Book Value

• Annual Sales: $137.44 million
• Price / Sales: 2.02
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $1.46 per share
• Price / Book: 2.47

Miscellaneous

• Outstanding Shares: 77,156,000
• Free Float: 63,785,000
• Market Cap: $277.76 million
• Optionable: Optionable
• Beta: 1.90