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

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for International Money Express in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" IMXI shares.
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3 brokerages have issued 12-month target prices for International Money Express' shares. Their IMXI share price forecasts range from $28.00 to $35.00. On average, they anticipate the company's stock price to reach $31.00 in the next year. This suggests a possible upside of 31.3% from the stock's current price.
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International Money Express' stock was trading at $24.37 on January 1st, 2023. Since then, IMXI shares have decreased by 3.1% and is now trading at $23.61.
View the best growth stocks for 2023 here.

International Money Express saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 537,900 shares, an increase of 11.4% from the April 30th total of 482,700 shares. Based on an average daily trading volume, of 325,600 shares, the short-interest ratio is currently 1.7 days. Currently, 1.6% of the shares of the company are sold short.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our IMXI earnings forecast.

International Money Express, Inc. (NASDAQ:IMXI) posted its quarterly earnings results on Wednesday, March, 8th. The company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.38 by $0.05. The company earned $154.44 million during the quarter, compared to the consensus estimate of $154 million. International Money Express had a trailing twelve-month return on equity of 42.52% and a net margin of 9.95%.

ETFs with the largest weight of International Money Express (NASDAQ:IMXI) stock in their portfolio include Ballast Small/Mid Cap ETF (MGMT), Invesco DWA Financial Momentum ETF (PFI), Janus Henderson Small Cap Growth Alpha ETF (JSML), First Trust Active Factor Small Cap ETF (AFSM), ETFMG Prime Mobile Payments ETF (IPAY), Franklin Disruptive Commerce ETF (BUYZ), IQ Chaikin U.S. Small Cap ETF (CSML) and Timothy Plan US Small Cap Core ETF (TPSC).

International Money Express updated its second quarter 2023 earnings guidance on Thursday, May, 4th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $168.60 million-$174.10 million, compared to the consensus revenue estimate of $168.82 million.

Based on aggregate information from My MarketBeat watchlists, some companies that other International Money Express investors own include Block (SQ), Novavax (NVAX), Advanced Micro Devices (AMD), JD.com (JD), Livongo Health (LVGO), Fastly (FSLY), Gilead Sciences (GILD), NVIDIA (NVDA), QuidelOrtho (QDEL) and Trade Desk (TTD).

International Money Express trades on the NASDAQ under the ticker symbol "IMXI."

International Money Express' stock is owned by a number of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.49%), Brown Advisory Inc. (4.00%), Voss Capital LLC (3.83%), Wellington Management Group LLP (3.60%), Riverbridge Partners LLC (2.86%) and Steamboat Capital Partners LLC (2.72%). Insiders that own company stock include Adam P Godfrey, Jeremy L Kuiper, John Rincon, Jose Perez-Villarreal, Joseph Aguilar, Justin B Wender, Michael J Purcell, Robert Lisy and Shami Patel.
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Shares of IMXI 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.
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One share of IMXI stock can currently be purchased for approximately $23.61.

International Money Express (NASDAQ:IMXI) has a market capitalization of $859.88 million and generates $546.80 million in revenue each year. The company earns $57.33 million in net income (profit) each year or $1.50 on an earnings per share basis.

The company employs 1,182 workers across the globe.

International Money Express' mailing address is 9480 S. DIXIE HIGHWAY, MIAMI FL, 33156. The official website for the company is www.corporate.intermexonline.com. The company can be reached via phone at (305) 671-8000 or via email at mgallentine@intermexusa.com.