International Money Express (NASDAQ:IMXI) Updates FY 2025 Earnings Guidance

International Money Express (NASDAQ:IMXI - Get Free Report) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.860-2.020 for the period, compared to the consensus earnings per share estimate of 2.170. The company issued revenue guidance of $634.9 million-$654.2 million, compared to the consensus revenue estimate of $663.4 million.

International Money Express Stock Up 0.4 %

Shares of IMXI stock traded up $0.04 during midday trading on Friday, reaching $10.89. 643,233 shares of the stock were exchanged, compared to its average volume of 278,520. The firm has a market cap of $328.09 million, a PE ratio of 6.08 and a beta of 1.23. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 1.12. The company's 50 day moving average is $12.58 and its two-hundred day moving average is $17.23. International Money Express has a 1 year low of $10.07 and a 1 year high of $22.38.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on IMXI shares. UBS Group dropped their target price on shares of International Money Express from $17.00 to $12.00 and set a "neutral" rating on the stock in a report on Friday. Needham & Company LLC reaffirmed a "buy" rating and set a $20.00 target price on shares of International Money Express in a research note on Monday, April 7th. Monness Crespi & Hardt lowered shares of International Money Express from a "buy" rating to a "neutral" rating in a report on Thursday, January 23rd. Finally, BMO Capital Markets downgraded International Money Express from an "outperform" rating to a "market perform" rating and cut their price target for the stock from $18.00 to $11.00 in a research note on Friday. Five analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company has an average rating of "Hold" and an average target price of $20.50.

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.