Northland Capmk Issues Negative Outlook for IMXI Earnings

International Money Express, Inc. (NASDAQ:IMXI) – Investment analysts at Northland Capmk reduced their Q1 2025 EPS estimates for shares of International Money Express in a note issued to investors on Wednesday, February 26th. Northland Capmk analyst M. Grondahl now anticipates that the company will earn $0.37 per share for the quarter, down from their prior estimate of $0.40. The consensus estimate for International Money Express’ current full-year earnings is $1.97 per share.

Several other analysts have also recently weighed in on the stock. BMO Capital Markets lifted their price objective on shares of International Money Express from $27.00 to $30.00 and gave the stock an “outperform” rating in a research note on Monday, November 11th. Northland Securities increased their target price on shares of International Money Express from $23.00 to $27.00 and gave the stock an “outperform” rating in a report on Monday, November 11th. Monness Crespi & Hardt lowered International Money Express from a “buy” rating to a “neutral” rating in a research report on Thursday, January 23rd. Needham & Company LLC decreased their price target on shares of International Money Express from $25.00 to $20.00 and set a “buy” rating for the company in a research report on Monday. Finally, UBS Group decreased their price objective on shares of International Money Express from $22.00 to $17.00 and set a “neutral” rating for the company in a research report on Tuesday. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $24.50.

International Money Express Price Performance

International Money Express stock opened at $14.70 on Monday. International Money Express has a 12 month low of $14.67 and a 12 month high of $23.28. The company has a current ratio of 1.80, a quick ratio of 1.80 and a debt-to-equity ratio of 1.12. The company has a market capitalization of $457.16 million, a price-to-earnings ratio of 8.21 and a beta of 0.87. The stock’s 50 day moving average is $19.26 and its 200-day moving average is $19.13.

Institutional Investors Weigh In On International Money Express

Institutional investors have recently bought and sold shares of the stock. Aquatic Capital Management LLC bought a new position in shares of International Money Express during the 4th quarter valued at approximately $169,000. Meeder Asset Management Inc. increased its stake in International Money Express by 90.7% in the 3rd quarter. Meeder Asset Management Inc. now owns 11,560 shares of the company’s stock worth $214,000 after acquiring an additional 5,499 shares during the last quarter. Lazard Asset Management LLC grew its stake in International Money Express by 6.1% in the 4th quarter. Lazard Asset Management LLC now owns 11,361 shares of the company’s stock worth $235,000 after buying an additional 654 shares in the last quarter. SG Americas Securities LLC raised its position in International Money Express by 23.4% during the fourth quarter. SG Americas Securities LLC now owns 11,520 shares of the company’s stock valued at $240,000 after purchasing an additional 2,182 shares in the last quarter. Finally, Jump Financial LLC purchased a new stake in International Money Express in the fourth quarter worth approximately $281,000. Institutional investors own 86.71% of the company’s stock.

International Money Express Company Profile

International Money Express, Inc, together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. The company offers remittance services, which include a suite of ancillary financial processing solutions and payment services; and online payment options, pre-paid debit cards, and direct deposit payroll cards.