International Money Express (IMXI) Scheduled to Post Earnings on Tuesday

International Money Express (NASDAQ:IMXI) is scheduled to be posting its quarterly earnings results before the market opens on Tuesday, November 7th. Analysts expect International Money Express to post earnings of $0.47 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

International Money Express (NASDAQ:IMXI) last announced its quarterly earnings data on Wednesday, August 2nd. The company reported $0.46 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.02). The company had revenue of $169.15 million for the quarter, compared to analyst estimates of $171.35 million. International Money Express had a return on equity of 43.09% and a net margin of 9.33%. On average, analysts expect International Money Express to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

International Money Express Price Performance

Shares of IMXI stock opened at $15.87 on Tuesday. The firm has a market cap of $562.08 million, a P/E ratio of 10.51 and a beta of 0.52. The company has a debt-to-equity ratio of 1.39, a current ratio of 2.29 and a quick ratio of 2.29. International Money Express has a 1-year low of $15.78 and a 1-year high of $28.24. The firm has a fifty day moving average of $17.07 and a two-hundred day moving average of $21.31.

Analyst Ratings Changes

Several research analysts have recently commented on IMXI shares. Needham & Company LLC decreased their price target on shares of International Money Express from $27.00 to $21.00 and set a “buy” rating for the company in a report on Friday, October 13th. UBS Group started coverage on shares of International Money Express in a report on Friday, October 20th. They issued a “neutral” rating and a $18.00 price target for the company. JMP Securities lowered shares of International Money Express from an “outperform” rating to a “market perform” rating in a report on Thursday, August 3rd. Finally, Northland Securities decreased their price target on shares of International Money Express from $28.00 to $25.00 in a report on Thursday, August 3rd.

Institutional Trading of International Money Express

Hedge funds have recently bought and sold shares of the company. FMR LLC lifted its position in International Money Express by 101.9% in the 1st quarter. FMR LLC now owns 1,070 shares of the company’s stock valued at $28,000 after purchasing an additional 540 shares during the last quarter. Point72 Hong Kong Ltd bought a new stake in International Money Express in the 1st quarter valued at about $32,000. Penserra Capital Management LLC bought a new stake in International Money Express in the 1st quarter valued at about $46,000. Advisor Group Holdings Inc. lifted its position in International Money Express by 259.2% in the 4th quarter. Advisor Group Holdings Inc. now owns 2,899 shares of the company’s stock valued at $71,000 after purchasing an additional 2,092 shares during the last quarter. Finally, Captrust Financial Advisors lifted its position in International Money Express by 2,326.1% in the 2nd quarter. Captrust Financial Advisors now owns 3,445 shares of the company’s stock valued at $71,000 after purchasing an additional 3,303 shares during the last quarter. 84.81% of the stock is currently owned by institutional investors.

International Money Express Company Profile

International 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.