FlexShopper, Inc., through its wholly owned subsidiary, FlexShopper, LLC operates as an online lease-to-own (LTO) retailer and LTO payment solution provider. The company provides residential furniture, consumer electronics, computers, appliances, household accessories, and various other durable goods to consumers on a LTO basis to consumers of third-party retailers and e-tailers. It offers products through FlexShopper.com, an LTO e-commerce marketplace; e-commerce sites and in-store terminals by utilizing FlexShopper's patented LTO payment method; and facilitation of LTO transactions with retailers. 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 based in Boca Raton, Florida.
Industry, Sector and Symbol
Industry Equipment rental & leasing, not elsewhere classified
Sub-IndustryN/A
SectorFinance
CIKN/A
Phone855-353-9289
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$84.73 million
Profitability
Miscellaneous
Employees135
Next Earnings Date11/4/2019 (Estimated)
OptionableNot Optionable
FlexShopper (NASDAQ:FPAY) Frequently Asked Questions
What is FlexShopper's stock symbol?
FlexShopper trades on the NASDAQ under the ticker symbol "FPAY."
How were FlexShopper's earnings last quarter?
FlexShopper Inc (NASDAQ:FPAY) posted its quarterly earnings results on Monday, August, 12th. The financial services provider reported ($0.05) earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of ($0.11) by $0.06. The financial services provider earned $20.66 million during the quarter. View FlexShopper's Earnings History.
When is FlexShopper's next earnings date?
What guidance has FlexShopper issued on next quarter's earnings?
FlexShopper updated its FY 2019 earnings guidance on Monday, August, 12th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $112 million, compared to the consensus revenue estimate of $86.31 million.
What price target have analysts set for FPAY?
2 brokers have issued twelve-month price objectives for FlexShopper's shares. Their forecasts range from $3.00 to $3.00. On average, they expect FlexShopper's share price to reach $3.00 in the next twelve months. This suggests a possible upside of 117.4% from the stock's current price. View Analyst Price Targets for FlexShopper.
What is the consensus analysts' recommendation for FlexShopper?
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.
Has FlexShopper been receiving favorable news coverage?
News articles about FPAY stock have been trending somewhat positive on Sunday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. FlexShopper earned a coverage optimism score of 0.8 on InfoTrie's scale. They also assigned news stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View News Stories for FlexShopper.
Are investors shorting FlexShopper?
FlexShopper saw a decrease in short interest during the month of September. As of September 30th, there was short interest totalling 313,300 shares, a decrease of 10.0% from the August 30th total of 348,300 shares. Based on an average daily trading volume, of 161,200 shares, the days-to-cover ratio is presently 1.9 days. Approximately 2.8% of the shares of the stock are sold short. View FlexShopper's Current Options Chain.
Who are some of FlexShopper's key competitors?
Some companies that are related to FlexShopper include United Rentals (URI), AerCap (AER), Aaron's (AAN), Air Lease (AL), Triton International (TRTN), Aircastle (AYR), McGrath RentCorp (MGRC), Rent-A-Center (RCII), Textainer Group (TGH), Exterran (EXTN), CAI International (CAI), General Finance (GFN), Black Diamond Group (BDIMF), Quest Resource (QRHC) and MITCHAM INDUSTR/SH (MIND).
What other stocks do shareholders of FlexShopper own?
Who are FlexShopper's key executives?
FlexShopper's management team includes the folowing people:
- Mr. Brad Mitchell Bernstein, Co-Founder, Pres, CEO & Sec. (Age 54)
- Mr. Harold Russell Heiser Jr., C.F.A., C.P.C., Chief Financial Officer (Age 44)
- Mr. Ravi Radhakrishnan, Chief Risk Officer (Age 39)
- Mr. Frank Matasavage, Controller (Age 63)
How do I buy shares of FlexShopper?
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.
What is FlexShopper's stock price today?
One share of FPAY stock can currently be purchased for approximately $1.38.
How big of a company is FlexShopper?
What is FlexShopper's official website?
How can I contact FlexShopper?
FlexShopper's mailing address is 901 Yamato Road, Boca Raton FL, 33431. The financial services provider can be reached via phone at 855-353-9289 or via email at [email protected]
MarketBeat Community Rating for FlexShopper (NASDAQ FPAY)
MarketBeat's community ratings are surveys of what our community members think about FlexShopper and other stocks. Vote "Outperform" if you believe FPAY will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FPAY will underperform the S&P 500 over the long term. You may vote once every thirty days.
