International Money Express (IMXI) Expected to Announce Quarterly Earnings on Wednesday

International Money Express (NASDAQ:IMXI) is expected to issue its quarterly earnings data before the market opens on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.60 per share and revenue of $169.27 million for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

International Money Express Stock Down 0.6 %

International Money Express stock opened at $17.99 on Monday. The company has a market capitalization of $559.49 million, a P/E ratio of 10.05 and a beta of 0.87. The firm’s fifty day simple moving average is $19.83 and its 200-day simple moving average is $19.15. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 1.12. International Money Express has a 1-year low of $16.17 and a 1-year high of $23.28.

Analyst Upgrades and Downgrades

IMXI has been the topic of a number of recent research reports. BMO Capital Markets raised their price target 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. Northland Securities raised their price target 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. Needham & Company LLC raised their price target 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. Finally, Monness Crespi & Hardt downgraded shares of International Money Express from a “buy” rating to a “neutral” rating in a report on Thursday, January 23rd. Three research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $27.00.

About International Money Express

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.