International Money Express - IMXI Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for International Money Express in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" IMXI shares.
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2 brokers have issued 12 month target prices for International Money Express' stock. Their IMXI share price forecasts range from $28.00 to $32.00. On average, they anticipate the company's stock price to reach $30.00 in the next year. This suggests a possible upside of 18.6% from the stock's current price.
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International Money Express' stock was trading at $24.37 at the beginning of the year. Since then, IMXI stock has increased by 3.8% and is now trading at $25.30.
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International Money Express saw a decline in short interest in March. As of March 15th, there was short interest totaling 785,800 shares, a decline of 11.0% from the February 28th total of 883,100 shares. Based on an average trading volume of 376,100 shares, the days-to-cover ratio is presently 2.1 days. Approximately 2.4% of the shares of the company are short sold.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 3rd 2023.
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International Money Express, Inc. (NASDAQ:IMXI) issued its quarterly earnings results on Tuesday, March, 9th. The company reported $0.25 earnings per share for the quarter, missing analysts' consensus estimates of $0.26 by $0.01. The firm had revenue of $99.30 million for the quarter, compared to the consensus estimate of $94 million. International Money Express had a net margin of 10.48% and a trailing twelve-month return on equity of 42.49%.

ETFs with the largest weight of International Money Express (NASDAQ:IMXI) stock in their portfolio include Ballast Small/Mid Cap ETF (MGMT), 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), Rayliant Quantitative Developed Market Equity ETF (RAYD), IQ Chaikin U.S. Small Cap ETF (CSML) and VictoryShares US Discovery Enhanced Volatility Wtd ETF (CSF).

International Money Express issued an update on its first quarter 2023 earnings guidance on Wednesday, March, 8th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $140.90 million-$145.50 million, compared to the consensus revenue estimate of $143.36 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 many different institutional and retail investors. Top institutional investors include Brown Advisory Inc. (3.91%), Steamboat Capital Partners LLC (3.59%), Voss Capital LLC (3.44%), ArrowMark Colorado Holdings LLC (3.00%), Portolan Capital Management LLC (2.47%) and Dimensional Fund Advisors LP (2.16%). 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 $25.30.

International Money Express (NASDAQ:IMXI) has a market capitalization of $921.93 million and generates $546.80 million in revenue each year. The company earns $57.33 million in net income (profit) each year or $1.49 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.