Expensify Inc (NASDAQ:EXFY) Has Reached A Distance Of 61.96% From Its Low, So Is It Poised For More Gains?

In last trading session, Expensify Inc (NASDAQ:EXFY) saw 0.37 million shares changing hands with its beta currently measuring 1.87. Company’s recent per share price level of $3.26 trading at -$0.19 or -5.51% at ring of the bell on the day assigns it a market valuation of $290.02M. That closing price of EXFY’s stock is at a discount of -26.69% from its 52-week high price of $4.13 and is indicating a premium of 61.96% from its 52-week low price of $1.24.

For Expensify Inc (EXFY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.20. Splitting up the data highlights that, out of 4 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.07 in the current quarter.

Expensify Inc (NASDAQ:EXFY) trade information

Upright in the red during last session for losing -5.51%, in the last five days EXFY remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $3.26 price level, adding 18.5% to its value on the day. Expensify Inc’s shares saw a change of -2.69% in year-to-date performance and have moved -17.05% in past 5-day. Expensify Inc (NASDAQ:EXFY) showed a performance of -1.21% in past 30-days.

Wall Street analysts have assigned a consensus price target of 13.75 to the stock, which implies a rise of 76.29% to its current value. Analysts have been projecting 2.5 as a low price target for the stock while placing it at a high target of 25. It follows that stock’s current price would jump 23.31% in reaching the projected high whereas dropping to the targeted low would mean a gain of 23.31% for stock’s current value.

Expensify Inc (EXFY) estimates and forecasts

This year revenue growth is estimated to fall -8.26% from the last financial year’s standing.

4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 36.03M for the same. And 4 analysts are in estimates of company making revenue of 36.35M in the next quarter. Company posted 35.21M and 33.53M of sales in current and next quarters respectively a year earlier.

Expensify Inc (NASDAQ:EXFY)’s Major holders

VANGUARD GROUP INC is the top institutional holder at EXFY for having 3.15 million shares of worth $4.69 million. And as of 2024-06-30, it was holding 3.6948 of the company’s outstanding shares.

The second largest institutional holder is D. E. SHAW & CO., INC., which was holding about 2.7 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.1716 of outstanding shares, having a total worth of $4.02 million.

On the other hand, Vanguard Total Stock Market Index Fund and Columbia Fds Ser Tr I-Columbia Small Cap Value Fd I are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 1.58 shares of worth $5.16 million or 2.05% of the total outstanding shares. The later fund manager was in possession of 1.46 shares on Oct 31, 2024 , making its stake of worth around $4.76 million in the company or a holder of 1.89% of company’s stock.