Expert Ratings For IntL Money Express
Portfolio Pulse from Benzinga Insights
Analyst ratings for IntL Money Express (NASDAQ:IMXI) show a mix of bullish and somewhat bullish views, with recent adjustments in price targets and ratings. The average 12-month price target is now $27.75, down from $29.50, indicating a 5.93% decrease. Analysts from BMO Capital and Needham, among others, have updated their ratings and price targets, reflecting their perspectives on the company's performance and market conditions. IntL Money Express, a money transfer service provider to Latin America and the Caribbean, has shown notable revenue growth and profitability, with a revenue growth rate of 10.35% and a net margin of 10.36%, but carries a higher debt-to-equity ratio of 1.45 compared to industry averages.
May 09, 2024 | 7:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
IntL Money Express has received mixed analyst ratings with a downward adjustment in the average price target to $27.75, indicating a short-term cautious outlook despite solid financial performance.
The mixed analyst ratings and the reduction in the average price target reflect a cautious but not bearish outlook on IMXI. Despite the company's strong revenue growth and profitability, the decrease in the price target and the varied analyst opinions suggest that there may be concerns about its future performance or market conditions that could limit stock price appreciation in the short term. The high debt-to-equity ratio might also be a factor for the cautious stance among analysts.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100