At $3.68 Expensify Inc (NASDAQ: EXFY) Is Worth A Gamble

Expensify Inc (NASDAQ:EXFY)’s traded shares stood at 0.83 million during the last session, with the company’s beta value hitting 1.91. At the close of trading, the stock’s price was $3.68, to imply an increase of 5.44% or $0.19 in intraday trading. The EXFY share’s 52-week high remains $3.58, putting it 2.72% up since that peak but still an impressive 66.3% since price per share fell to its 52-week low of $1.24. The company has a valuation of $327.38M, with an average of 0.74 million shares in intraday trading volume over the past 10 days and average of 563.40K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Expensify Inc (EXFY), translating to a mean rating of 2.20. Of 4 analyst(s) looking at the stock, 0 analyst(s) give EXFY a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 3 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.07.

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Expensify Inc (NASDAQ:EXFY) trade information

After registering a 5.44% upside in the last session, Expensify Inc (EXFY) has traded red over the past five days. The 5-day price performance for the stock is 12.88%, and 91.67% over 30 days. With these gigs, the year-to-date price performance is 48.99%. Short interest in Expensify Inc (NASDAQ:EXFY) saw shorts transact 0.46 million shares and set a 0.7 days time to cover.

The extremes give us $2.5 and $2.5 for target low and target high price respectively. As such, EXFY has been trading 32.07% off suggested target high and 32.07% from its likely low.

Expensify Inc (EXFY) estimates and forecasts

Looking at statistics comparing Expensify Inc share performance against respective industry, we note that the company has outperformed competitors. Expensify Inc (EXFY) shares are 153.79% up over the last 6 months, with its year-to-date growth rate higher than industry average at 3,300.00% against 20.80%. The rating firms project that company’s revenue will shrink -8.26% compared to the previous financial year.

Revenue forecast for the current quarter as set by 4 analysts is 36.03M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 36.23M.Earnings reports from the last fiscal year show that sales brought in 35.21M and 33.53M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 2.33% before jumping 8.03% in the following quarter.

EXFY Dividends

Expensify Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Expensify Inc (NASDAQ:EXFY)’s Major holders

Expensify Inc insiders hold 30.08% of total outstanding shares, with institutional holders owning 34.90% of the shares at 49.92% float percentage. In total, 34.90% institutions holds shares in the company, led by VANGUARD GROUP INC. As of 2024-06-30, the company held over 3.15 million shares (or 3.6948% of shares), all amounting to roughly $4.69 million.

The next major institution holding the largest number of shares is D. E. SHAW & CO., INC. with 2.7 million shares, or about 3.1716% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $4.02 million.