International Money Express (IMXI) Expected to Announce Quarterly Earnings on Wednesday

International Money Express (NASDAQ:IMXI) is anticipated to release its earnings data before the market opens on Wednesday, February 26th. Analysts expect International Money Express to post earnings of $0.60 per share and revenue of $169.27 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

International Money Express Price Performance

Shares of International Money Express stock opened at $17.99 on Monday. The company has a debt-to-equity ratio of 1.12, a quick ratio of 1.80 and a current ratio of 1.80. The firm’s 50-day simple moving average is $19.83 and its 200-day simple moving average is $19.15. International Money Express has a twelve month low of $16.17 and a twelve month high of $23.28. The firm has a market cap of $559.49 million, a P/E ratio of 10.05 and a beta of 0.87.

Analyst Ratings Changes

Several brokerages have recently weighed in on IMXI. Northland Securities lifted their target price on shares of International Money Express from $23.00 to $27.00 and gave the company an “outperform” rating in a research report on Monday, November 11th. Monness Crespi & Hardt lowered shares of International Money Express from a “buy” rating to a “neutral” rating in a research report on Thursday, January 23rd. BMO Capital Markets boosted their price target on shares of International Money Express from $27.00 to $30.00 and gave the company an “outperform” rating in a research report on Monday, November 11th. Finally, Needham & Company LLC boosted their price target on shares of International Money Express from $22.00 to $25.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $27.00.

About International Money Express

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.