Expensify Inc (EXFY) Investors To Make Money Again

Expensify Inc (NASDAQ:EXFY) has a beta value of 1.82 and has seen 1.05 million shares traded in the last trading session. The company, currently valued at $309.76M, closed the last trade at $3.40 per share which meant it gained $0.08 on the day or 2.41% during that session. The EXFY stock price is 1.76% off its 52-week high price of $3.34 and 63.53% above the 52-week low of $1.24. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.96 million shares traded. The 3-month trading volume is 519.14K shares.

The consensus among analysts is that Expensify Inc (EXFY) is Buy stock at the moment, with a recommendation rating of 1.80. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 4 have rated it as a Hold, with 3 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.07.

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Expensify Inc (NASDAQ:EXFY) trade information

Sporting 2.41% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the EXFY stock price touched $3.40 or saw a rise of 2.02%. Year-to-date, Expensify Inc shares have moved 37.65%, while the 5-day performance has seen it change 23.64%. Over the past 30 days, the shares of Expensify Inc (NASDAQ:EXFY) have changed 100.00%. Short interest in the company has seen 0.46 million shares shorted with days to cover at 1.32.

Wall Street analysts have a consensus price target for the stock at $13.75, which means that the shares’ value could jump 75.27% from current levels. The projected low price target is $2.5 while the price target rests at a high of $25.0. In that case, then, we find that the current price level is -635.29% off the targeted high while a plunge would see the stock lose 26.47% from current levels.

Expensify Inc (EXFY) estimates and forecasts

The company’s shares have gained 98.83% over the past 6 months, compared to 22.40% for the industry. Revenue growth from the last financial year stood is estimated to be -8.26%.

4 analysts offering their estimates for the company have set an average revenue estimate of 36.03M for the current quarter. 3 have an estimated revenue figure of 36.28M for the next ending quarter. Year-ago sales stood 35.21M and 33.53M respectively for this quarter and the next, and analysts expect sales will grow by 2.33% for the current quarter and -8.26% for the next.

EXFY Dividends

Expensify Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Expensify Inc (NASDAQ:EXFY)’s Major holders

Insiders own 30.08% of the company shares, while shares held by institutions stand at 34.56% with a share float percentage of 49.43%. Investors are also buoyed by the number of investors in a company, with Expensify Inc having a total of 102.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 3.15 million shares worth more than $4.69 million. As of 2024-06-30, VANGUARD GROUP INC held 3.6948% of shares outstanding.

The other major institutional holder is D. E. SHAW & CO., INC., with the holding of over 2.7 million shares as of 2024-06-30. The firm’s total holdings are worth over $4.02 million and represent 3.1716% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Columbia Fds Ser Tr I-Columbia Small Cap Value Fd I . As of Jun 30, 2024 , the former fund manager holds about 1.86% shares in the company for having 1.43 shares of worth $4.87 million while later fund manager owns 1.42 shares of worth $4.83 million as of Jul 31, 2024 , which makes it owner of about 1.84% of company’s outstanding stock.