Expensify Inc (NASDAQ: EXFY) Shares Inclined By 85.90% In One Month.

In the latest trading session, 0.5 million Expensify Inc (NASDAQ:EXFY) shares changed hands as the company’s beta touched 1.90. With the company’s most recent per share price at $3.48 changing hands around $0.11 or 3.15% at last look, the market valuation stands at $309.26M. EXFY’s last price was a premium, traded about 0.29% off its 52-week high of $3.47. The share price had its 52-week low at $1.24, which suggests the last value was 64.37% up since then. When we look at Expensify Inc’s average trading volume, we note the 10-day average is 0.79 million shares, with the 3-month average coming to 549.54K.

Analysts gave the Expensify Inc (EXFY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.20. If we narrow down to specifics, the data shows that 0 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended EXFY as a Hold, 3 felt it is a Buy and 0 rated the stock as Underweight. Expensify Inc’s EPS for the current quarter is expected to be 0.07.

Expensify Inc (NASDAQ:EXFY) trade information

Instantly EXFY is in green as seen in intraday trades today. With action 6.31%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 40.74%, with the 5-day performance at 6.31% in the green. However, in the 30-day time frame, Expensify Inc (NASDAQ:EXFY) is 85.90% up. Looking at the short shares, we see there were 0.46 million shares sold at short interest cover period of 0.7 days.

The consensus price target for the stock as assigned by Wall Street analysts is 13.75, meaning bulls need an upside of 74.69% from its recent market value. According to analyst projections, EXFY’s forecast low is 2.5 with 25 as the target high. To hit the forecast high, the stock’s price needs a -618.39% plunge from its current level, while the stock would need to tank 28.16% for it to hit the projected low.

Expensify Inc (EXFY) estimates and forecasts

Data shows that the Expensify Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 143.10% over the past 6 months, a 3,300.00% in annual growth rate that is considerably higher than the industry average of 20.90%. Year-over-year growth is forecast to reach -8.26% down from the last financial year.

Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 36.03M. 3 analysts are of the opinion that Expensify Inc’s revenue for the current quarter will be 36.23M. The company’s revenue for the corresponding quarters a year ago was 35.21M and 33.53M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 2.33%. The estimates for the next quarter sales put growth at 8.03%.

The 2024 estimates are for Expensify Inc earnings to increase by 3833.85%.

EXFY Dividends

Expensify Inc is expected to release its next quarterly earnings report in January.

Expensify Inc (NASDAQ:EXFY)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 30.08% of Expensify Inc shares while 34.70% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 49.63%. There are 34.70% institutions holding the Expensify Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 3.6948% of the shares, roughly 3.15 million EXFY shares worth $4.69 million.

D. E. SHAW & CO., INC. holds the second largest percentage of outstanding shares, with 3.1716% or 2.7 million shares worth $4.02 million as of 2024-06-30.

Among Mutual Funds, the top two as of Jun 30, 2024 were Vanguard Total Stock Market Index Fund and Columbia Fds Ser Tr I-Columbia Small Cap Value Fd I. With 1.43 shares estimated at $5.0 million under it, the former controlled 1.86% of total outstanding shares. On the other hand, Columbia Fds Ser Tr I-Columbia Small Cap Value Fd I held about 1.84% of the shares, roughly 1.42 shares worth around $4.96 million.