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International Money Express (IMXI) Stock Forecast & Price Target

$21.49
+0.48 (+2.28%)
(As of 07/26/2024 ET)

International Money Express - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 6 Wall Street analysts who have issued ratings for International Money Express in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 6 analysts, 2 have given a hold rating, and 4 have given a buy rating for IMXI.

Consensus Price Target

$25.00
16.33% Upside
High Forecast$30.00
Average Forecast$25.00
Low Forecast$18.00

According to the 6 analysts' twelve-month price targets for International Money Express, the average price target is $25.00. The highest price target for IMXI is $30.00, while the lowest price target for IMXI is $18.00. The average price target represents a forecasted upside of 16.33% from the current price of $21.49.

TypeCurrent Forecast
7/27/23 to 7/26/24
1 Month Ago
6/27/23 to 6/26/24
3 Months Ago
4/28/23 to 4/27/24
1 Year Ago
7/27/22 to 7/27/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Buy
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
4 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
2 Hold rating(s)
2 Hold rating(s)
2 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$25.00$25.00$24.00$31.00
Forecasted Upside16.33% Upside25.32% Upside27.34% Upside22.35% Upside
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IMXI Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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IMXI Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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International Money Express Stock vs. The Competition

TypeInternational Money ExpressBusiness Services CompaniesS&P 500
Consensus Rating Score
2.67
2.64
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside16.12% Upside129.27% Upside9.03% Upside
News Sentiment RatingPositive News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
6/3/2024BTIG Research
2 of 5 stars
A. Harte
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Initiated CoverageBuy$25.00+19.05%
5/9/2024BMO Capital Markets
3 of 5 stars
 Boost TargetOutperform ➝ Outperform$29.00 ➝ $30.00+44.16%
5/9/2024Needham & Company LLC
3 of 5 stars
 Reiterated RatingBuy ➝ Buy$25.00+24.88%
3/20/2024Monness Crespi & Hardt
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Initiated CoverageBuy$27.00+24.88%
10/20/2023UBS Group
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 Initiated CoverageNeutral$18.00+8.70%
8/3/2023Northland Securities
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Lower Target$28.00 ➝ $25.00+28.80%
8/3/2023JMP Securities
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 DowngradeOutperform ➝ Market Perform

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:52 AM ET.

IMXI Forecast - Frequently Asked Questions

What is International Money Express' forecast for 2024?

According to the research reports of 6 Wall Street equities research analysts, the average twelve-month stock price forecast for International Money Express is $25.00, with a high forecast of $30.00 and a low forecast of $18.00.

Should I buy or sell International Money Express stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for International Money Express in the last twelve months. There are currently 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" IMXI shares.

Does International Money Express's stock price have much upside?

According to analysts, International Money Express's stock has a predicted upside of 25.32% based on their 12-month stock forecasts.

What analysts cover International Money Express?

International Money Express has been rated by research analysts at BMO Capital Markets, BTIG Research, and Needham & Company LLC in the past 90 days.

Do Wall Street analysts like International Money Express more than its competitors?

Analysts like International Money Express more than other "business services" companies. The consensus rating score for International Money Express is 2.67 while the average consensus rating score for "business services" companies is 2.64. Learn more on how IMXI compares to other companies.


This page (NASDAQ:IMXI) was last updated on 7/26/2024 by MarketBeat.com Staff

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