NASDAQ:FPAY - FlexShopper Stock Price, Forecast & News

FlexShopper's stock was trading at $1.84 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, FPAY shares have decreased by 40.2% and is now trading at $1.10. View which stocks have been mosted impacted by Coronavirus.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FlexShopper in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for FlexShopper.

FlexShopper is scheduled to release its next quarterly earnings announcement on Tuesday, May 5th 2020. View our earnings forecast for FlexShopper.

FlexShopper Inc (NASDAQ:FPAY) issued its quarterly earnings data on Monday, March, 2nd. The financial services provider reported ($0.09) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.12) by $0.03. The financial services provider had revenue of $22.46 million for the quarter. FlexShopper had a negative return on equity of 4.40% and a net margin of 0.65%. View FlexShopper's earnings history.

2 brokerages have issued 12 month price targets for FlexShopper's shares. Their forecasts range from $3.00 to $3.50. On average, they expect FlexShopper's share price to reach $3.25 in the next year. This suggests a possible upside of 195.5% from the stock's current price. View analysts' price targets for FlexShopper.

Media coverage about FPAY stock has trended very negative this week, InfoTrie Sentiment Analysis reports. The research firm scores the sentiment of media coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. FlexShopper earned a coverage optimism score of -3.3 on InfoTrie's scale. They also gave news headlines about the financial services provider a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutFlexShopper.

FlexShopper saw a increase in short interest during the month of March. As of March 13th, there was short interest totaling 48,100 shares, an increase of 50.3% from the February 27th total of 32,000 shares. Based on an average daily volume of 226,400 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.4% of the shares of the stock are short sold. View FlexShopper's Current Options Chain.

Some companies that are related to FlexShopper include United Rentals (URI), AerCap (AER), Aircastle (AYR), Air Lease (AL), Triton International (TRTN), Aaron's (AAN), McGrath RentCorp (MGRC), Rent-A-Center (RCII), Textainer Group (TGH), CAI International (CAI), General Finance (GFN), Exterran (EXTN), Black Diamond Group (BDIMF), Quest Resource (QRHC) and MITCHAM INDUSTR/SH (MIND).

Based on aggregate information from My MarketBeat watchlists, some companies that other FlexShopper investors own include Tesla (TSLA), NovaBay Pharmaceuticals (NBY), Opko Health (OPK), Titan Pharmaceuticals (TTNP), Matinas BioPharma (MTNB), Agile Therapeutics (AGRX), eHealth (EHTH), Onconova Therapeutics (ONTX), Nabors Industries (NBR) and Actinium Pharmaceuticals (ATNM).

FlexShopper trades on the NASDAQ under the ticker symbol "FPAY."

Shares of FPAY can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of FPAY stock can currently be purchased for approximately $1.10.

FlexShopper has a market capitalization of $23.49 million and generates $88.79 million in revenue each year. FlexShopper employs 135 workers across the globe. View additional information about FlexShopper.

The official website for FlexShopper is http://www.flexshopper.com/.

FlexShopper's mailing address is 901 Yamato Road Suite 260, Boca Raton FL, 33431. The financial services provider can be reached via phone at 855-353-9289 or via email at [email protected]