International Money Express, Inc. (NASDAQ:IMXI - Free Report) - Equities research analysts at Northland Capmk cut their Q1 2025 EPS estimates for shares of International Money Express in a report released on Wednesday, February 26th. Northland Capmk analyst M. Grondahl now forecasts that the company will post earnings of $0.37 per share for the quarter, down from their previous estimate of $0.40. The consensus estimate for International Money Express' current full-year earnings is $1.97 per share.
Several other research firms also recently weighed in on IMXI. Northland Securities lifted their target price on shares of International Money Express from $23.00 to $27.00 and gave the company an "outperform" rating in a report on Monday, November 11th. BMO Capital Markets lifted their target price on shares of International Money Express from $27.00 to $30.00 and gave the company an "outperform" rating in a report on Monday, November 11th. Monness Crespi & Hardt downgraded shares of International Money Express from a "buy" rating to a "neutral" rating in a report on Thursday, January 23rd. Finally, Needham & Company LLC lifted their target price on shares of International Money Express from $22.00 to $25.00 and gave the company a "buy" rating in a report on Tuesday, November 12th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Based on data from MarketBeat, International Money Express currently has a consensus rating of "Moderate Buy" and an average target price of $27.00.
Check Out Our Latest Stock Report on IMXI
IMXI stock opened at $15.32 on Monday. International Money Express has a one year low of $14.99 and a one year high of $23.28. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.80 and a current ratio of 1.80. The firm's 50 day moving average price is $19.37 and its 200-day moving average price is $19.12. The firm has a market cap of $476.41 million, a PE ratio of 8.56 and a beta of 0.87.
Several institutional investors have recently modified their holdings of IMXI. Aquatic Capital Management LLC acquired a new position in shares of International Money Express in the fourth quarter worth $169,000. Meeder Asset Management Inc. grew its stake in shares of International Money Express by 90.7% in the third quarter. Meeder Asset Management Inc. now owns 11,560 shares of the company's stock worth $214,000 after acquiring an additional 5,499 shares in the last quarter. Lazard Asset Management LLC grew its stake in shares of International Money Express by 6.1% in the fourth quarter. Lazard Asset Management LLC now owns 11,361 shares of the company's stock worth $235,000 after acquiring an additional 654 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of International Money Express by 23.4% in the fourth quarter. SG Americas Securities LLC now owns 11,520 shares of the company's stock worth $240,000 after acquiring an additional 2,182 shares in the last quarter. Finally, Jump Financial LLC acquired a new position in shares of International Money Express in the fourth quarter worth $281,000. Institutional investors and hedge funds own 86.71% of the company's stock.
International Money Express, Inc, together with its subsidiaries, operates as an omnichannel 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.
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