International Money Express (IMXI) to Release Earnings on Friday

International Money Express (NASDAQ:IMXIGet Free Report) will announce its earnings results before the market opens on Friday, November 8th. Analysts expect the company to announce earnings of $0.54 per share for the quarter. Investors that are interested in registering for the company’s conference call can do so using this link.

International Money Express (NASDAQ:IMXIGet Free Report) last announced its earnings results on Wednesday, August 7th. The company reported $0.55 earnings per share for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.02). The company had revenue of $171.53 million for the quarter, compared to the consensus estimate of $174.89 million. International Money Express had a net margin of 8.78% and a return on equity of 43.97%. The company’s revenue for the quarter was up 1.4% on a year-over-year basis. During the same period in the previous year, the firm posted $0.46 EPS. 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 Stock Performance

International Money Express stock opened at $17.59 on Friday. International Money Express has a fifty-two week low of $15.76 and a fifty-two week high of $23.28. The stock has a market cap of $573.57 million, a price-to-earnings ratio of 10.49 and a beta of 0.81. The stock’s 50 day simple moving average is $18.00 and its two-hundred day simple moving average is $19.53. The company has a debt-to-equity ratio of 1.57, a quick ratio of 1.88 and a current ratio of 1.88.

Analysts Set New Price Targets

A number of research firms have recently weighed in on IMXI. Oppenheimer began coverage on shares of International Money Express in a research report on Tuesday, October 1st. They issued a “market perform” rating on the stock. Needham & Company LLC decreased their target price on shares of International Money Express from $25.00 to $22.00 and set a “buy” rating for the company in a research note on Thursday, August 8th. BTIG Research reissued a “neutral” rating on shares of International Money Express in a research report on Wednesday, August 7th. Finally, Northland Securities lowered their price objective on International Money Express from $24.00 to $23.00 and set an “outperform” rating for the company in a research note on Thursday, August 8th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $25.40.

Check Out Our Latest Research Report on International Money Express

About International Money Express

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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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Earnings History for International Money Express (NASDAQ:IMXI)

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