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International Money Express Inc. (NASDAQ: IMXI) – Analysts at Piper Jaffray Companies lowered their earnings per share estimates for the second quarter of 2019 of International Money Express shares in a research note released on May 14, announced Zacks Investment Research. J. Deleeuw, an badyst at Piper Jaffray Companies, now expects earnings per share of $ 0.17 for the quarter, down from the prior estimate of $ 0.20. Piper Jaffray companies also released third-quarter 2019 earnings estimates of International Money Express at $ 0.17, fourth quarter earnings of 2019 at $ 0.18, fiscal year 2017 earnings in $ 0.62, Q1 2020 earnings at $ 0.12 and Q2 2020 earnings at $ 0.23 and T4 2020 earnings at $ 0.24. Earnings per share and FY 2014 result reached 0.83 USD
Other badysts have also recently released stock research reports. ValuEngine upgraded International Money Express shares from a "hold" note to a "buy" note in a research note on Thursday. Zacks Investment Research has upgraded International Money Express stocks from a "hold" rating to a "buy" rating, and has set a price target of $ 13.00 on the stock price. in a research note on Friday, March 15th. Singer Fitzgerald reiterated the note "purchase" and issued a target price of $ 14.00 on International Money Express shares in a research note on Wednesday, March 13. Craig Hallum initiated coverage of International Money Express shares in a research note on Monday, February 4th. They issued a note "buy" on the stock. Finally, Northland Securities reiterated the "buy" rating and issued a target price of $ 15.00 on International Money Express shares in a research note on Wednesday, May 15th. An investment badyst badigned the shares a conservation rating and seven others badigned a purchase note to the company's shares. The stock currently has a "Buy" average rating and an average price target of $ 14.50.
IMXI shares opened at $ 13.62 on Thursday. The company has a market capitalization of $ 517.22 million and a price-earnings ratio of -272.40. International Money Express has a 52-week low at $ 9.06 and a 13-week high at $ 13.81. The company has a debt ratio of 2.05, a fast ratio of 1.47 and a current ratio of 1.47.
International Money Express (NASDAQ: IMXI) released its financial results on Tuesday, March 12. The company reported earnings per share of $ 0.13 for the quarter, but consensus badyst estimates were not estimated at $ 0.16 ($ 0.03). The company generated sales of $ 75.06 million for the quarter, compared with consensus of $ 71.15 million.
Several institutional investors have recently bought and sold shares in the company. Northern Trust Corp. increased its holdings of International Money Express shares by 3.6% in the fourth quarter. Northern Trust Corp now owns 28,615 shares of the company worth $ 342,000 after purchasing 996 additional shares in the last quarter. King Luther Capital Management Corp. increased its holdings of International Money Express shares by 20.0% in the fourth quarter. King Luther Capital Management Corp. now holds 30,000 shares valued at $ 359,000 after purchasing an additional 5,000 shares in the last quarter. JPMorgan Chase & Co. took a new equity stake in International Money Express in the first quarter for approximately $ 215,000. Morgan Stanley increased its holdings of International Money Express shares by 1,845.0% in the first quarter. Morgan Stanley now owns 21,317 shares of the company worth $ 248,000 after purchasing 20,221 additional shares in the last quarter. Finally, Citigroup Inc. acquired a new equity interest in International Money Express in the first quarter of approximately $ 277,000. Hedge funds and other institutional investors own 29.80% of the company's shares.
International Money Express Company Profile
International Money Express, Inc., through its subsidiary, operates as a money transfer services company in the United States, Latin America, Mexico, Central and South America and in the United States. Caribbean. The company offers remittance services, including a suite of ancillary financial processing solutions and payment services.
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