FlexShopper (FPAY) Stock Price, News & Analysis

Company Overview

FlexShopper, Inc., a financial technology company, operates an e-commerce marketplace to shop electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis. The company offers consumer electronics; home appliances; computers, such as tablets and wearables; smartphones; tires; and jewelry and furniture, including accessories. It also provides payment options to consumers. The company offers its products under the LG, Samsung, Sony, TCL, Frigidaire, General Electric, Whirlpool, Apple, Asus, Dell, Hewlett Packard, Toshiba, Resident, Sealy, and Ashley brands. The company was formerly known as Anchor Funding Services, Inc. and changed its name to FlexShopper, Inc. in October 2013. FlexShopper, Inc. was founded in 2003 and is headquartered in Boca Raton, Florida.

Key Stats

• Today's Range: $1.51 to $1.75
• 50-Day Range: $1.00 to $1.73
• 52-Week Range: $0.97 to $1.95
• Volume: 78,598 shs
• Average Volume: 64,508 shs
• Market Capitalization: $37.13 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $3.25
• Consensus Rating: Buy

FlexShopper Stock Analysis - MarketRank™

FlexShopper scored higher than 58% of companies evaluated by MarketBeat, and ranked 546th out of 930 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

FlexShopper has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

FlexShopper 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 FlexShopper are expected to grow in the coming year, from ($0.12) to $0.27 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of FlexShopper is -10.18, 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 FlexShopper is -10.18, 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

FlexShopper has a P/B Ratio of 5.77. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

3.49% of the float of FlexShopper has been sold short.

Short Interest Ratio / Days to Cover

FlexShopper has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in FlexShopper has recently increased by 1,047.58%, indicating that investor sentiment is decreasing significantly.

Dividend

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

Dividend Yield

FlexShopper does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

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

Percentage of Shares Shorted

3.49% of the float of FlexShopper has been sold short.

Short Interest Ratio / Days to Cover

FlexShopper has a short interest ratio ("days to cover") of 4.5.

Change versus previous month

Short interest in FlexShopper has recently increased by 1,047.58%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.3 / 5
• News Sentiment: 0.20

News Sentiment

FlexShopper has a news sentiment score of 0.20. 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 0.77 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for FlexShopper this week, compared to 1 article on an average week.

MarketBeat Follows

2 people have added FlexShopper to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, FlexShopper insiders have bought more of their company's stock than they have sold. Specifically, they have bought $18,954.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

30.20% of the stock of FlexShopper is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 19.41% of the stock of FlexShopper is held by institutions.

FPAY Stock Analysis - Frequently Asked Questions

How have FPAY shares performed this year?

FlexShopper's stock was trading at $1.67 on January 1st, 2024. Since then, FPAY shares have increased by 3.6% and is now trading at $1.73.
View the best growth stocks for 2024 here.

How were FlexShopper's earnings last quarter?

FlexShopper, Inc. (NASDAQ:FPAY) issued its quarterly earnings results on Tuesday, August, 6th. The financial services provider reported ($0.13) EPS for the quarter, topping analysts' consensus estimates of ($0.15) by $0.02. The financial services provider had revenue of $31.76 million for the quarter, compared to the consensus estimate of $31 million. FlexShopper had a net margin of 0.67% and a trailing twelve-month return on equity of 25.18%.

Who are FlexShopper's major shareholders?

FlexShopper's top institutional investors include Waterfall Asset Management LLC (7.59%), Perkins Capital Management Inc. (1.69%), Benchmark Financial Wealth Advisors LLC (0.87%) and Insigneo Advisory Services LLC (0.28%). Insiders that own company stock include Howard Dvorkin and John Davis.
View institutional ownership trends.

How do I buy shares of FlexShopper?

Shares of FPAY 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 FlexShopper own?

Based on aggregate information from My MarketBeat watchlists, some other companies that FlexShopper investors own include NVIDIA (NVDA), Meta Platforms (META), PayPal (PYPL), Adobe (ADBE), Arista Networks (ANET), Broadcom (AVGO) and CrowdStrike (CRWD).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Equipment rental & leasing, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:FPAY
• CUSIP: N/A
• CIK: 1397047
• Web: www.flexshopper.com
• Phone: (855) 353-9289
• Fax: 704-542-4724
• Employees: 140
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $3.25
• High Stock Price Target: $4.00
• Low Stock Price Target: $2.50
• Potential Upside/Downside: +87.9%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 2 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.17)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-4,230,000.00
• Net Margins: 0.67%
• Pretax Margin: -1.07%
• Return on Equity: 25.18%
• Return on Assets: 0.90%

Debt

• Debt-to-Equity Ratio: 28.90
• Current Ratio: 15.78
• Quick Ratio: 15.78

Sales & Book Value

• Annual Sales: $116.97 million
• Price / Sales: 0.32
• Cash Flow: $3.20 per share
• Price / Cash Flow: 0.54
• Book Value: $0.30 per share
• Price / Book: 5.77

Miscellaneous

• Outstanding Shares: 21,460,000
• Free Float: 14,980,000
• Market Cap: $37.13 million
• Optionable: Not Optionable
• Beta: 1.33