NASDAQ:IMXI International Money Express (IMXI) Stock Forecast, Price & News $16.90 -0.14 (-0.82%) (As of 09/22/2023 ET) Add Compare Share Share Today's Range$16.86▼$17.3250-Day Range$16.90▼$25.8852-Week Range$16.67▼$28.24Volume216,303 shsAverage Volume239,633 shsMarket Capitalization$598.60 millionP/E Ratio11.19Dividend YieldN/APrice Target$30.75 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media International Money Express MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside82.0% Upside$30.75 Price TargetShort InterestHealthy2.36% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth10.80%From $1.76 to $1.95 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.56 out of 5 starsBusiness Services Sector76th out of 311 stocksBusiness Services, Not Elsewhere Classified Industry25th out of 89 stocks 3.3 Analyst's Opinion Consensus RatingInternational Money Express has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $30.75, International Money Express has a forecasted upside of 82.0% from its current price of $16.90.Amount of Analyst CoverageInternational Money Express has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.36% of the float of International Money Express has been sold short.Short Interest Ratio / Days to CoverInternational Money Express has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in International Money Express has recently increased by 0.92%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldInternational Money Express does not currently pay a dividend.Dividend GrowthInternational Money Express does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for IMXI. Previous Next N/A News and Social Media Coverage Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, International Money Express insiders have not sold or bought any company stock.Percentage Held by Insiders10.50% of the stock of International Money Express is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions84.81% of the stock of International Money Express is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for International Money Express are expected to grow by 10.80% in the coming year, from $1.76 to $1.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of International Money Express is 11.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.58.Price to Earnings Ratio vs. SectorThe P/E ratio of International Money Express is 11.19, which means that it is trading at a less expensive P/E ratio than the Business Services sector average P/E ratio of about 18.06.Price to Book Value per Share RatioInternational Money Express has a P/B Ratio of 4.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About International Money Express (NASDAQ:IMXI) StockInternational Money Express, Inc., through its subsidiary, operates as a 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. It provides services through sending and paying agents and company-operated stores, as well as through online and Internet-enabled mobile devices. International Money Express, Inc. is headquartered in Miami, Florida.Read More IMXI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart IMXI Stock News HeadlinesSeptember 16, 2023 | americanbankingnews.comContrasting Iota Communications (OTCMKTS:IOTC) & International Money Express (NASDAQ:IMXI)August 17, 2023 | seekingalpha.comRedefining Remittance: The Untold Investment Story Of International Money ExpressSeptember 24, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...August 3, 2023 | markets.businessinsider.comJMP Securities downgrades International Money Express (IMXI) to a HoldAugust 2, 2023 | seekingalpha.comInternational Money Express, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 2, 2023 | finance.yahoo.comInternational Money Express (IMXI) Misses Q2 Earnings and Revenue EstimatesAugust 2, 2023 | finance.yahoo.comHere's What Key Metrics Tell Us About International Money Express (IMXI) Q2 EarningsAugust 2, 2023 | finance.yahoo.comIntermex Reports Second-Quarter ResultsSeptember 24, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...July 24, 2023 | finance.yahoo.comIntermex to Present at the KeyBanc Capital Markets Technology Leadership ForumJuly 11, 2023 | finance.yahoo.comInternational Money Express to Release Second Quarter 2023 EarningsJune 30, 2023 | msn.comNeedham Reiterates International Money Express (IMXI) Buy RecommendationJune 13, 2023 | finance.yahoo.comInternational Money Express (NASDAQ:IMXI) shareholders have earned a 25% CAGR over the last three yearsJune 5, 2023 | finance.yahoo.comIntermex to Present at the Oppenheimer 23rd Annual Consumer Growth & E-Commerce ConferenceJune 3, 2023 | seekingalpha.comInternational Money Express: Huge Disconnection In ValuationJune 2, 2023 | fool.comInternational Money Express (NASDAQ: IMXI)May 9, 2023 | finance.yahoo.comInternational Money Express, Inc. (NASDAQ:IMXI) Q1 2023 Earnings Call TranscriptMay 8, 2023 | msn.comJMP Securities Reiterates International Money Express (IMXI) Market Outperform RecommendationMay 8, 2023 | markets.businessinsider.comAnalysts’ Opinions Are Mixed on These Services Stocks: Warner Bros (WBD) and International Money Express (IMXI)May 5, 2023 | finance.yahoo.comQ1 2023 International Money Express Inc Earnings CallMay 4, 2023 | markets.businessinsider.comAnalysts Offer Insights on Services Companies: Penn National Gaming (PENN) and International Money Express (IMXI)May 4, 2023 | finance.yahoo.comInternational Money Express (IMXI) Misses Q1 Earnings EstimatesMay 4, 2023 | finance.yahoo.comIntermex Reports First-Quarter GrowthApril 27, 2023 | finance.yahoo.comIntermex to Present at the Needham ConferenceApril 19, 2023 | finance.yahoo.comInternational Money Express Increases Revolving Credit Facility to $220 MillionApril 18, 2023 | finance.yahoo.comInternational Money Express to Release First Quarter 2023 EarningsApril 12, 2023 | finance.yahoo.comVisa (V) & PayPal Unite to Reduce Payment Friction With Visa+See More Headlines Receive IMXI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for International Money Express and its competitors with MarketBeat's FREE daily newsletter. Email Address IMXI Company Calendar Last Earnings8/02/2023Today9/24/2023Next Earnings (Estimated)11/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:IMXI CUSIPN/A CIK1683695 Webwww.corporate.intermexonline.com Phone(305) 671-8000FaxN/AEmployees1,182Year FoundedN/APrice Target and Rating Average Stock Price Forecast$30.75 High Stock Price Forecast$35.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+82.0%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.51 Trailing P/E Ratio11.19 Forward P/E Ratio9.60 P/E GrowthN/ANet Income$57.33 million Net Margins9.33% Pretax Margin12.75% Return on Equity43.09% Return on Assets13.78% Debt Debt-to-Equity Ratio1.39 Current Ratio2.29 Quick Ratio2.29 Sales & Book Value Annual Sales$546.80 million Price / Sales1.09 Cash Flow$1.99 per share Price / Cash Flow8.49 Book Value$4.04 per share Price / Book4.18Miscellaneous Outstanding Shares35,420,000Free Float31,699,000Market Cap$598.60 million OptionableNot Optionable Beta0.51 10 Best Stocks to Own in 2023Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2023 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Robert Lisy (Age 64)Chairman, Pres & CEO Comp: $2.84MMr. Andras Q. Bende (Age 48)Chief Financial Officer Comp: $807.45kMr. Ernesto Luciano (Age 49)Chief Legal Officer, Gen. Counsel & Corp. Sec. Comp: $477.01kMr. Randall D. Nilsen (Age 60)Chief Revenue Officer Comp: $776.25kMr. Joseph Aguilar (Age 60)Pres & GM of Latin America Comp: $757.01kMr. Christopher Hunt (Age 47)Chief Operating Officer Mr. Michael GallentineVP of Investor RelationsMr. Jose A. Perez-Villarreal CAMS (Age 62)Sec. More ExecutivesKey CompetitorsViadNYSE:VVILiquidity ServicesNASDAQ:LQDTResources ConnectionNASDAQ:RGPMediaAlphaNYSE:MAXConduentNASDAQ:CNDTView All CompetitorsInsiders & InstitutionsNuveen Asset Management LLCSold 56,510 shares on 8/16/2023Ownership: 0.329%Goldman Sachs Group Inc.Bought 2,290 shares on 8/15/2023Ownership: 0.339%Vestcor IncSold 1,567 shares on 8/15/2023Ownership: 0.240%Royal Bank of CanadaSold 1,511 shares on 8/15/2023Ownership: 0.043%Equitable Holdings Inc.Sold 1,852 shares on 8/15/2023Ownership: 0.024%View All Insider TransactionsView All Institutional Transactions IMXI Stock - Frequently Asked Questions Should I buy or sell International Money Express stock right now? 3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for International Money Express in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" IMXI shares. View IMXI analyst ratings or view top-rated stocks. What is International Money Express' stock price forecast for 2023? 3 brokerages have issued 1-year target prices for International Money Express' shares. Their IMXI share price forecasts range from $25.00 to $35.00. On average, they anticipate the company's stock price to reach $30.75 in the next year. This suggests a possible upside of 82.0% from the stock's current price. View analysts price targets for IMXI or view top-rated stocks among Wall Street analysts. How have IMXI shares performed in 2023? International Money Express' stock was trading at $24.37 at the start of the year. Since then, IMXI shares have decreased by 30.7% and is now trading at $16.90. View the best growth stocks for 2023 here. When is International Money Express' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023. View our IMXI earnings forecast. How were International Money Express' earnings last quarter? International Money Express, Inc. (NASDAQ:IMXI) released its quarterly earnings data on Wednesday, August, 2nd. The company reported $0.46 EPS for the quarter, missing the consensus estimate of $0.48 by $0.02. The business earned $169.15 million during the quarter, compared to analyst estimates of $171.35 million. International Money Express had a net margin of 9.33% and a trailing twelve-month return on equity of 43.09%. What ETFs hold International Money Express' stock? ETFs with the largest weight of International Money Express (NASDAQ:IMXI) stock in their portfolio include Ballast Small/Mid Cap ETF (MGMT), Invesco Dorsey Wright Financial Momentum ETF (PFI) and ETFMG Prime Mobile Payments ETF (IPAY).Franklin Disruptive Commerce ETF (BUYZ). What guidance has International Money Express issued on next quarter's earnings? International Money Express issued an update on its third quarter 2023 earnings guidance on Wednesday, August, 2nd. The company provided earnings per share (EPS) guidance of $0.49-$0.52 for the period, compared to the consensus EPS estimate of $0.55. The company issued revenue guidance of $165.70 million-$176.80 million, compared to the consensus revenue estimate of $175.86 million. What other stocks do shareholders of International Money Express own? 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). What is International Money Express' stock symbol? International Money Express trades on the NASDAQ under the ticker symbol "IMXI." Who are International Money Express' major shareholders? International Money Express' stock is owned by many different retail and institutional investors. Top institutional shareholders include BlackRock Inc. (6.39%), Brown Advisory Inc. (3.72%), Scopia Capital Management LP (3.32%), Voss Capital LLC (3.10%), Forager Capital Management LLC (3.04%) and Riverbridge Partners LLC (2.81%). Insiders that own company stock include Adam P Godfrey, John Rincon, Jose Perez-Villarreal, Joseph Aguilar, Justin B Wender, Michael J Purcell and Robert Lisy. View institutional ownership trends. How do I buy shares of International Money Express? 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. Compare Top Brokerages Here. What is International Money Express' stock price today? One share of IMXI stock can currently be purchased for approximately $16.90. How much money does International Money Express make? International Money Express (NASDAQ:IMXI) has a market capitalization of $598.60 million and generates $546.80 million in revenue each year. The company earns $57.33 million in net income (profit) each year or $1.51 on an earnings per share basis. How many employees does International Money Express have? The company employs 1,182 workers across the globe. How can I contact International Money Express? 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. This page (NASDAQ:IMXI) was last updated on 9/24/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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