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: $1.42 to $1.64
• 50-Day Range: $1.14 to $2.18
• 52-Week Range: $0.97 to $2.19
• Volume: 257,683 shs
• Average Volume: 73,521 shs
• Market Capitalization: $33.91 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 48% of companies evaluated by MarketBeat, and ranked 649th out of 935 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 ($0.11) to $0.39 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of FlexShopper is -9.29, 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 -9.29, 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 5.27. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

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

Percentage of Shares Shorted

3.59% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in FlexShopper has recently increased by 22.59%, 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

3.59% 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 3.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in FlexShopper has recently increased by 22.59%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.00

News Sentiment

FlexShopper has a news sentiment score of 0.00. 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 0.67 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for FlexShopper this week, compared to 1 article on an average week.

Search Interest

10 people have searched for FPAY on MarketBeat in the last 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, FlexShopper insiders have not sold or bought any 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 at the start of the year. Since then, FPAY stock has decreased by 5.4% and is now trading at $1.58.
View the best growth stocks for 2024 here.

How were FlexShopper's earnings last quarter?

FlexShopper, Inc. (NASDAQ:FPAY) posted its quarterly earnings results on Tuesday, August, 6th. The financial services provider reported ($0.13) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.15) by $0.02. The financial services provider earned $31.76 million during the quarter, compared to the consensus estimate of $31 million. FlexShopper had a trailing twelve-month return on equity of 23.98% and a net margin of 0.67%.

Who are FlexShopper's major shareholders?

Top institutional shareholders of FlexShopper 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: 12/24/2024
• 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: +105.7%
• 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: 0.98%
• Return on Equity: 23.98%
• Return on Assets: 0.87%

Debt

• Debt-to-Equity Ratio: 19.65
• Current Ratio: 7.98
• Quick Ratio: 7.98

Sales & Book Value

• Annual Sales: $134.56 million
• Price / Sales: 0.25
• Cash Flow: $2.39 per share
• Price / Cash Flow: 0.66
• Book Value: $0.30 per share
• Price / Book: 5.27

Miscellaneous

• Outstanding Shares: 21,461,000
• Free Float: 14,980,000
• Market Cap: $33.91 million
• Optionable: Not Optionable
• Beta: 1.43