NASDAQ:FPAY

FlexShopper - FPAY Stock Forecast, Price & News

$2.52

+0.22 (+9.57%)

(As of 08/16/2022 12:00 AM ET)

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Today's Range: $2.03
▼
$2.91
50-Day Range: $0.86
▼
$2.30
52-Week Range: $0.83
▼
$3.82

Volume: 1.99 million shs
Average Volume: 117,756 shs
Market Capitalization: $54.44 million

P/E Ratio: 6.00
Dividend Yield: N/A
Price Target: $3.00

FlexShopper MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 19.0% Upside
$3.00 Price Target
Short Interest: Healthy
1.14% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.80
Based on 18 Articles This Week
Insider Trading: Acquiring Shares
$122,802 Bought Last Quarter
Proj. Earnings Growth: 4,900.00%
From $0.01 to $0.50 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.65 out of 5 stars

Finance Sector

82nd out of 924 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

1st out of 14 stocks

2.5

Analyst's Opinion

Consensus Rating
FlexShopper has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $3.00, FlexShopper has a forecasted upside of 19.0% from its current price of $2.52.
Amount of Analyst Coverage
FlexShopper has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
1.14% 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 2.75%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
FlexShopper does not currently pay a dividend.
Dividend Growth
FlexShopper does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FPAY.

3.8

News and Social Media Coverage

News Sentiment
FlexShopper has a news sentiment score of 0.80. 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 0.68 average news sentiment score of Finance companies.
News Coverage This Week
MarketBeat has tracked 18 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. This is an increase of 900% compared to the previous 30 days.
MarketBeat Follows
3 people have added FlexShopper to their MarketBeat watchlist in the last 30 days.

3.3

Company Ownership

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 $122,802.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
30.10% 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 15.75% of the stock of FlexShopper is held by institutions.

3.1

Earnings and Valuation

Earnings Growth
Earnings for FlexShopper are expected to grow by 4,900.00% in the coming year, from $0.01 to $0.50 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FlexShopper is 6.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.00.
Price to Earnings Ratio vs. Sector
The P/E ratio of FlexShopper is 6.00, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 150.15.

See Top Rated MarketRank™ Stocks Here

About FlexShopper (NASDAQ:FPAY) Stock

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. It offers durable products, including consumer electronics; home appliances; computers, including tablets and wearables; smartphones; tires; and jewelry and furniture, such as accessories. 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.

Wall Street Analysts Forecast Growth

Several brokerages have commented on FPAY. Maxim Group cut their price objective on FlexShopper to $2.00 and set a "na" rating on the stock in a research report on Tuesday, May 17th. TheStreet downgraded FlexShopper from a "c-" rating to a "d+" rating in a research report on Friday, July 8th. Finally, HC Wainwright increased their price target on FlexShopper from $2.50 to $4.00 and gave the stock a "buy" rating in a research report on Friday.

FlexShopper Price Performance

FPAY opened at $2.30 on Tuesday. FlexShopper has a 12-month low of $0.83 and a 12-month high of $3.82. The company has a current ratio of 8.33, a quick ratio of 8.33 and a debt-to-equity ratio of 12.82. The business's fifty day simple moving average is $1.00 and its 200-day simple moving average is $1.29. The company has a market capitalization of $49.68 million, a price-to-earnings ratio of 5.48 and a beta of 1.44.

Insider Transactions at FlexShopper

In other news, Director Howard Dvorkin purchased 40,228 shares of the company's stock in a transaction dated Tuesday, June 7th. The shares were acquired at an average price of $1.11 per share, with a total value of $44,653.08. Following the transaction, the director now owns 3,817,756 shares of the company's stock, valued at $4,237,709.16. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. In the last 90 days, insiders have bought 108,492 shares of company stock valued at $122,802. 30.10% of the stock is currently owned by corporate insiders.

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FPAY Stock News Headlines

August 16, 2022 | americanbankingnews.com

FlexShopper (NASDAQ:FPAY) vs. California First Leasing (OTCMKTS:CFNB) Financial Survey

August 15, 2022 | americanbankingnews.com

Head to Head Analysis: California First Leasing (OTCMKTS:CFNB) & FlexShopper (NASDAQ:FPAY)

August 14, 2022 | americanbankingnews.com

HC Wainwright Increases FlexShopper (NASDAQ:FPAY) Price Target to $4.00

August 12, 2022 | nasdaq.com

PRA Group (PRAA) Up 1.5% Since Q2 Earnings Beat Estimates - Nasdaq

August 11, 2022 | seekingalpha.com

FlexShopper rises after Q2 results, but price performance below sector median - Seeking Alpha

August 11, 2022 | in.investing.com

U.S. shares mixed at close of trade; Dow Jones Industrial Average up 0.08% - Investing.com India

August 11, 2022 | in.investing.com

Flexshopper, Inc. Tops Q2 EPS by 7c By Investing.com - Investing.com India

August 11, 2022 | marketwatch.com

FlexShopper Shares Climb 20% on 2Q Revenue Beat - MarketWatch

August 11, 2022 | finance.yahoo.com

FlexShopper Inc. (FPAY) Q2 Earnings and Revenues Top Estimates - Yahoo Finance

August 10, 2022 | finance.yahoo.com

FlexShopper Inc. (FPAY) Q2 Earnings and Revenues Top Estimates

August 10, 2022 | investing.com

Flexshopper, Inc. Tops Q2 EPS by 7c By Investing.com - Investing.com

August 10, 2022 | globenewswire.com

FlexShopper, Inc. Reports Second Quarter 2022 Financial Results - GlobeNewswire

August 10, 2022 | finance.yahoo.com

FlexShopper, Inc. Reports Second Quarter 2022 Financial Results

August 5, 2022 | benzinga.com

FlexShopper, Inc. Schedules 2022 Second Quarter Financial Results Conference Call - Benzinga

August 5, 2022 | finance.yahoo.com

FlexShopper, Inc. Schedules 2022 Second Quarter Financial Results Conference Call

August 5, 2022 | nasdaq.com

Sachem Capital Corp. (SACH) Q2 Earnings Lag Estimates - Nasdaq

August 3, 2022 | nasdaq.com

Bullish insiders at FlexShopper, Inc. (NASDAQ:FPAY) loaded up on US$2.1m of stock earlier this year - Nasdaq

May 22, 2022 | finance.yahoo.com

Chairman of the Board Howard Dvorkin Just Bought 5.0% More Shares In FlexShopper, Inc. (NASDAQ:FPAY) - Yahoo Finance

May 22, 2022 | finance.yahoo.com

Chairman of the Board Howard Dvorkin Just Bought 5.0% More Shares In FlexShopper, Inc. (NASDAQ:FPAY)

May 18, 2022 | in.investing.com

U.S. shares higher at close of trade; Dow Jones Industrial Average up 1.34% - Investing.com India

May 17, 2022 | uk.investing.com

US shares higher at close of trade; Dow Jones Industrial Average up 1.34% By Investing.com - Investing.com UK

May 13, 2022 | globenewswire.com

FlexShopper, Inc. Reports First Quarter 2022 Financial Results - GlobeNewswire

May 13, 2022 | finance.yahoo.com

FlexShopper, Inc. Reports First Quarter 2022 Financial Results

May 13, 2022 | finance.yahoo.com

FlexShopper Inc. (FPAY) Reports Q1 Loss, Misses Revenue Estimates

May 11, 2022 | globenewswire.com

FlexShopper, Inc. Schedules 2022 First Quarter Financial Results Conference Call - GlobeNewswire

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30 days | 90 days | 365 days | Advanced Chart

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FPAY Company Calendar

Last Earnings: 11/15/2021
Today: 8/16/2022
Next Earnings (Estimated): 11/21/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Equipment rental & leasing, not elsewhere classified
Sub-Industry: N/A
Sector: Finance
Current Symbol: NASDAQ:FPAY
CUSIP: N/A
CIK: 1397047
Web: www.flexshopper.com
Phone: (855) 353-9289
Fax: 704-542-4724
Employees: 155
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $3.00
High Stock Price Forecast: $4.00
Low Stock Price Forecast: $2.00
Forecasted Upside/Downside: +19.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.42
Trailing P/E Ratio: 6.00
Forward P/E Ratio: 252.00
P/E Growth: N/A
Net Income: $3.27 million
Net Margins: 11.25%
Pretax Margin: 1.22%
Return on Equity: -341.78%
Return on Assets: 16.09%

Debt

Debt-to-Equity Ratio: 12.82
Current Ratio: 8.33
Quick Ratio: 8.33

Sales & Book Value

Annual Sales: $125.43 million
Price / Sales: 0.43
Cash Flow: $4.94 per share
Price / Cash Flow: 0.51
Book Value: ($0.31) per share
Price / Book: -8.13

Miscellaneous

Outstanding Shares: 21,605,000
Free Float: 15,102,000
Market Cap: $54.44 million
Optionable: Not Optionable
Beta: 1.44

Key Executives

Mr. Richard R. House Jr. (Age 58)
Chief Exec. Officer
Comp: $424.18k
Mr. Harold Russell Heiser Jr. (Age 47)
C.F.A., C.P.C., Chief Financial Officer
Comp: $462.55k
Mr. Ravi Radhakrishnan (Age 42)
Chief Risk Officer
Mr. Frank Matasavage (Age 66)
Controller

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FPAY Stock - Frequently Asked Questions

Should I buy or sell FlexShopper stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FlexShopper in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FPAY shares.
View FPAY analyst ratings or view top-rated stocks.
What is FlexShopper's stock price forecast for 2022?: 1 brokerages have issued 12-month price targets for FlexShopper's stock. Their FPAY share price forecasts range from $2.00 to $4.00. On average, they anticipate the company's stock price to reach $3.00 in the next year. This suggests a possible upside of 19.0% from the stock's current price.
View analysts price targets for FPAY or view top-rated stocks among Wall Street analysts.
How have FPAY shares performed in 2022?: FlexShopper's stock was trading at $2.35 at the start of the year. Since then, FPAY stock has increased by 7.2% and is now trading at $2.52.
View the best growth stocks for 2022 here.
When is FlexShopper's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, November 21st 2022.
View our FPAY earnings forecast.
How were FlexShopper's earnings last quarter?: FlexShopper, Inc. (NASDAQ:FPAY) announced its quarterly earnings data on Monday, November, 15th. The financial services provider reported $0.05 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.03. The financial services provider had revenue of $30.86 million for the quarter, compared to analyst estimates of $34.94 million. FlexShopper had a net margin of 11.25% and a negative trailing twelve-month return on equity of 341.78%. During the same quarter in the prior year, the firm earned ($0.02) earnings per share.
What other stocks do shareholders of FlexShopper own?: Based on aggregate information from My MarketBeat watchlists, some companies that other FlexShopper investors own include NVIDIA (NVDA), Enphase Energy (ENPH), Riot Blockchain (RIOT), OPKO Health (OPK), Overstock.com (OSTK), Boeing (BA), Eldorado Resorts (ERI), Livongo Health (LVGO), QUALCOMM (QCOM) and Mastercard (MA).

What is FlexShopper's stock symbol?: FlexShopper trades on the NASDAQ under the ticker symbol "FPAY."
Who are FlexShopper's major shareholders?: FlexShopper's stock is owned by a variety of institutional and retail investors. Top institutional investors include Benchmark Financial Wealth Advisors LLC (1.51%) and Renaissance Technologies LLC (0.87%). Insiders that own company stock include Brad Mitchell Bernstein, Howard Dvorkin, James Douglas Allen, Thomas O Katz and Thomas O Katz.
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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is FlexShopper's stock price today?: One share of FPAY stock can currently be purchased for approximately $2.52.
How much money does FlexShopper make?: FlexShopper (NASDAQ:FPAY) has a market capitalization of $54.44 million and generates $125.43 million in revenue each year. The financial services provider earns $3.27 million in net income (profit) each year or $0.42 on an earnings per share basis.
How many employees does FlexShopper have?: The company employs 155 workers across the globe.
How can I contact FlexShopper?: FlexShopper's mailing address is 901 Yamato Road Suite 260, Boca Raton FL, 33431. The official website for the company is www.flexshopper.com. The financial services provider can be reached via phone at (855) 353-9289, via email at ir@flexshopper.com, or via fax at 704-542-4724.

This page (NASDAQ:FPAY) was last updated on 8/17/2022 by MarketBeat.com Staff

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FlexShopper - FPAY Stock Forecast, Price & News

FlexShopper MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month