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NASDAQ:EXFY

Expensify (EXFY) Stock Price, News & Analysis

$1.51
-0.03 (-1.95%)
(As of 05/31/2024 ET)
Today's Range
$1.46
$1.59
50-Day Range
$1.43
$1.84
52-Week Range
$1.40
$8.25
Volume
631,401 shs
Average Volume
359,052 shs
Market Capitalization
$108.36 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$4.20

Expensify MarketRank™ Stock Analysis

Analyst Rating
Hold
2.14 Rating Score
Upside/​Downside
178.1% Upside
$4.20 Price Target
Short Interest
Healthy
5.34% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.65mentions of Expensify in the last 14 days
Based on 9 Articles This Week
Insider Trading
Balanced
Insiders Both Buying and Selling
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.99 out of 5 stars

Business Services Sector

217th out of 312 stocks

Prepackaged Software Industry

158th out of 202 stocks

EXFY stock logo

About Expensify Stock (NASDAQ:EXFY)

Expensify, Inc. provides a cloud-based expense management software platform to individuals and corporations, small and midsized businesses, and enterprises in the United States and internationally. The company's platform enables users to manage corporate cards, pay bills, generate invoices, collect payments, and book travel. It also offers track and submit plans for individuals. The company was founded in 2008 and is based in Portland, Oregon.

EXFY Stock Price History

EXFY Stock News Headlines

Expensify Announces Q1 2024 Results
Expensify to Launch New Travel Offering
Expensify to Announce Q1 Results
Expensify executive buys shares worth over $216k
JMP Securities Keeps Their Hold Rating on Expensify (EXFY)
Expensify executive buys shares worth over $466k
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
6/02/2024
Next Earnings (Estimated)
8/13/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Prepackaged software
Sub-Industry
N/A
Current Symbol
NASDAQ:EXFY
Fax
N/A
Employees
133
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$4.20
High Stock Price Target
$7.00
Low Stock Price Target
$2.00
Potential Upside/Downside
+178.1%
Consensus Rating
Hold
Rating Score (0-4)
2.14
Research Coverage
7 Analysts

Profitability

Net Income
$-41,460,000.00
Pretax Margin
-25.74%

Debt

Sales & Book Value

Annual Sales
$150.69 million
Book Value
$1.48 per share

Miscellaneous

Free Float
59,328,000
Market Cap
$108.36 million
Optionable
Optionable
Beta
1.48
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Key Executives

  • Mr. David Barrett (Age 47)
    Founder, CEO, President & Director
    Comp: $1.67M
  • Mr. Ryan Schaffer (Age 36)
    CFO & Director
    Comp: $1.04M
  • Ms. Anuradha Muralidharan (Age 40)
    COO & Director
    Comp: $723.16k
  • Mr. Jason Fahr Mills (Age 42)
    Chief Product Officer & Director
  • Mr. Daniel Vidal (Age 35)
    Chief Strategy Officer & Director
  • Cole Eason
    Secretary

EXFY Stock Analysis - Frequently Asked Questions

Should I buy or sell Expensify stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Expensify in the last year. There are currently 1 sell rating, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EXFY shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in EXFY, but not buy additional shares or sell existing shares.
View EXFY analyst ratings
or view top-rated stocks.

What is Expensify's stock price target for 2024?

7 Wall Street analysts have issued twelve-month target prices for Expensify's stock. Their EXFY share price targets range from $2.00 to $7.00. On average, they anticipate the company's share price to reach $4.20 in the next year. This suggests a possible upside of 178.1% from the stock's current price.
View analysts price targets for EXFY
or view top-rated stocks among Wall Street analysts.

How have EXFY shares performed in 2024?

Expensify's stock was trading at $2.47 at the start of the year. Since then, EXFY shares have decreased by 38.9% and is now trading at $1.51.
View the best growth stocks for 2024 here
.

Are investors shorting Expensify?

Expensify saw a drop in short interest in May. As of May 15th, there was short interest totaling 2,380,000 shares, a drop of 6.7% from the April 30th total of 2,550,000 shares. Based on an average daily trading volume, of 591,900 shares, the days-to-cover ratio is presently 4.0 days. Currently, 5.3% of the company's shares are sold short.
View Expensify's Short Interest
.

When is Expensify's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 13th 2024.
View our EXFY earnings forecast
.

How were Expensify's earnings last quarter?

Expensify, Inc. (NASDAQ:EXFY) announced its quarterly earnings results on Thursday, May, 9th. The company reported ($0.04) EPS for the quarter, missing analysts' consensus estimates of $0.08 by $0.12. The company earned $33.50 million during the quarter, compared to analyst estimates of $35.56 million. Expensify had a negative trailing twelve-month return on equity of 39.36% and a negative net margin of 27.46%. The company's revenue was down 16.5% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.07) EPS.

When did Expensify IPO?

Expensify (EXFY) raised $234 million in an IPO on Wednesday, November 10th 2021. The company issued 9,730,776 shares at a price of $23.00-$25.00 per share.

Who are Expensify's major shareholders?

Expensify's stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (4.74%), Baillie Gifford & Co. (1.54%), Jacobs Levy Equity Management Inc. (1.33%), Acadian Asset Management LLC (0.43%) and Quadrature Capital Ltd (0.05%). Insiders that own company stock include Anuradha Muralidharan, Daniel Vidal, David Michael Barrett, Jason Fahr Mills, Openview Management, Llc, Ryan Schaffer, Steven J Mclaughlin, Timothy L Christen and Ying Liu.
View institutional ownership trends
.

How do I buy shares of Expensify?

Shares of EXFY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:EXFY) was last updated on 6/2/2024 by MarketBeat.com Staff

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