International Money Express (IMXI) Stock Price, News & Analysis

Company Overview

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. It provides services through sending and paying agents and company-operated stores, as well as through online and Internet-enabled mobile devices. International Money Express, Inc. is headquartered in Miami, Florida.

Key Stats

• Today's Range: $20.55 to $21.18
• 50-Day Range: $17.49 to $21.87
• 52-Week Range: $16.17 to $23.28
• Volume: 390,122 shs
• Average Volume: 253,570 shs
• Market Capitalization: $643.13 million
• P/E Ratio: 11.55
• Dividend Yield: N/A
• Price Target: $27.00
• Consensus Rating: Moderate Buy

International Money Express Stock Analysis - MarketRank™

International Money Express scored higher than 91% of companies evaluated by MarketBeat, and ranked 38th 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: 4.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

International Money Express has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 4 buy ratings, 2 hold ratings, and no sell ratings.

Amount of Analyst Coverage

International Money Express has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.14%

Earnings Growth

Earnings for International Money Express are expected to grow by 9.14% in the coming year, from $1.97 to $2.15 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of International Money Express is 11.55, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.29.

Price to Earnings Ratio vs. Sector

The P/E ratio of International Money Express is 11.55, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 27.81.

Price to Book Value per Share Ratio

International Money Express has a P/B Ratio of 4.84. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

3.37% of the float of International Money Express has been sold short.

Short Interest Ratio / Days to Cover

International Money Express has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in International Money Express has recently decreased by 6.88%, indicating that investor sentiment is improving significantly.

Dividend

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

Dividend Yield

International Money Express does not currently pay a dividend.

Dividend Growth

International Money Express does not have a long track record of dividend growth.

Sustainability and ESG

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

Percentage of Shares Shorted

3.37% of the float of International Money Express has been sold short.

Short Interest Ratio / Days to Cover

International Money Express has a short interest ratio ("days to cover") of 3.8, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in International Money Express has recently decreased by 6.88%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.25

News Sentiment

International Money Express has a news sentiment score of 1.25. 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 higher news sentiment than the 0.60 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 5 news articles for International Money Express this week, compared to 3 articles on an average week.

Search Interest

3 people have searched for IMXI on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added International Money Express to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

In the past three months, International Money Express insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 4.10% of the stock of International Money Express is held by insiders.

Percentage Held by Institutions

86.71% of the stock of International Money Express is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

IMXI Stock Analysis - Frequently Asked Questions

How have IMXI shares performed this year?

International Money Express' stock was trading at $22.09 at the start of the year. Since then, IMXI stock has decreased by 6.4% and is now trading at $20.68.
View the best growth stocks for 2024 here.

How were International Money Express' earnings last quarter?

International Money Express, Inc. (NASDAQ:IMXI) released its quarterly earnings results on Wednesday, August, 7th. The company reported $0.55 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.57 by $0.02. International Money Express's revenue for the quarter was up 1.4% on a year-over-year basis.

Who are International Money Express' major shareholders?

International Money Express' top institutional shareholders include Wellington Management Group LLP (5.01%), Forager Capital Management LLC (3.93%), ArrowMark Colorado Holdings LLC (3.20%) and New South Capital Management Inc. (2.83%). Insiders that own company stock include Justin B Wender, Adam P Godfrey, Robert Lisy, Joseph Aguilar and John Rincon.
View institutional ownership trends.

How do I buy shares of International Money Express?

Shares of IMXI 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 International Money Express own?

Based on aggregate information from My MarketBeat watchlists, some other companies that International Money Express investors own include NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Arista Networks (ANET), Advanced Micro Devices (AMD), ServiceNow (NOW) and Adobe (ADBE).

Company Calendar

• Last Earnings: 8/07/2024
• Today: 12/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:IMXI
• CUSIP: N/A
• CIK: 1683695
• Web: www.corporate.intermexonline.com
• Phone: (305) 671-8000
• Fax: N/A
• Employees: 880
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $27.00
• High Stock Price Target: $30.00
• Low Stock Price Target: $25.00
• Potential Upside/Downside: +30.6%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.67
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.79
• Trailing P/E Ratio: 11.55
• Forward P/E Ratio: 10.50
• P/E Growth: N/A
• Net Income: $59.51 million
• Net Margins: 9.15%
• Pretax Margin: 12.95%
• Return on Equity: 46.30%
• Return on Assets: 11.93%

Debt

• Debt-to-Equity Ratio: 1.12
• Current Ratio: 1.80
• Quick Ratio: 1.80

Sales & Book Value

• Annual Sales: $665.67 million
• Price / Sales: 0.97
• Cash Flow: $2.16 per share
• Price / Cash Flow: 9.59
• Book Value: $4.27 per share
• Price / Book: 4.84

Miscellaneous

• Outstanding Shares: 31,099,000
• Free Float: 29,824,000
• Market Cap: $643.13 million
• Optionable: Optionable
• Beta: 0.88