International Money Express Inc (NASDAQ:IMXI) has received an average rating of “Buy” from the eight brokerages that are covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $15.00.

Several equities analysts recently commented on IMXI shares. Cantor Fitzgerald reaffirmed a “buy” rating and set a $14.00 price objective on shares of International Money Express in a research note on Wednesday, March 13th. ValuEngine cut shares of Verso from a “hold” rating to a “sell” rating in a research note on Thursday, May 23rd. Northland Securities reaffirmed a “buy” rating and set a $42.00 price objective on shares of Varex Imaging in a research note on Wednesday, May 15th. Finally, Zacks Investment Research raised shares of Investors Real Estate Trust Reit from a “sell” rating to a “hold” rating in a research note on Thursday, May 23rd.

Shares of IMXI traded up $0.08 during trading hours on Thursday, hitting $14.38. The company’s stock had a trading volume of 1,832 shares, compared to its average volume of 110,273. The company has a market cap of $551.51 million and a P/E ratio of -290.00. The company has a current ratio of 1.47, a quick ratio of 1.47 and a debt-to-equity ratio of 2.05. The company has a 50 day moving average price of $14.06. International Money Express has a 52-week low of $9.06 and a 52-week high of $15.11.

International Money Express (NASDAQ:IMXI) last posted its earnings results on Tuesday, May 14th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.03). The firm had revenue of $68.35 million for the quarter, compared to analysts’ expectations of $68.75 million. As a group, sell-side analysts anticipate that International Money Express will post 0.6 EPS for the current year.

Large investors have recently modified their holdings of the stock. Tibra Equities Europe Ltd bought a new stake in International Money Express during the first quarter valued at approximately $286,000. Northern Trust Corp lifted its holdings in shares of International Money Express by 3.6% in the 4th quarter. Northern Trust Corp now owns 28,615 shares of the company’s stock worth $342,000 after acquiring an additional 996 shares during the last quarter. King Luther Capital Management Corp lifted its holdings in shares of International Money Express by 20.0% in the 4th quarter. King Luther Capital Management Corp now owns 30,000 shares of the company’s stock worth $359,000 after acquiring an additional 5,000 shares during the last quarter. Hennessy Advisors Inc. bought a new stake in shares of International Money Express in the 2nd quarter worth approximately $494,000. Finally, Geode Capital Management LLC lifted its holdings in shares of International Money Express by 174.0% in the 4th quarter. Geode Capital Management LLC now owns 71,914 shares of the company’s stock worth $860,000 after acquiring an additional 45,667 shares during the last quarter. 31.56% of the stock is owned by institutional investors.

International Money Express Company Profile

International Money Express, Inc, through its subsidiary, operates as a money remittance services company in the United States, Latin America, Mexico, Central and South America, and the Caribbean. The company offers remittance services, including a suite of ancillary financial processing solutions and payment services.

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Analyst Recommendations for International Money Express (NASDAQ:IMXI)

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