Streetbeat News

FPAY

FlexShopper, Inc.

https://www.flexshopper.com

Industry

Rental & Leasing Services

FlexShopper, Inc., a financial technology company, operates an e-commerce marketplace to shop electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis. It offers durable products, including consumer electronics; home appliances; computers, including tablets and wearables; smartphones; tires; and jewelry and furniture, such as accessories. The company was formerly known as Anchor Funding Services, Inc. and changed its name to FlexShopper, Inc. in October 2013. FlexShopper, Inc. was founded in 2003 and is headquartered in Boca Raton, Florida.

Open

1.14

Mkt cap

25M

Volume

36K

High

1.19

P/E Ratio

-3.37

52-wk high

1.95

Low

1.11

Div yield

N/A

52-wk low

0.94

Insiders are buying shares of CarParts.com, Phio Pharmaceuticals, and FlexShopper, indicating their confidence in these companies. Notable transactions include CarParts.com Director Jim Barnes buying 94,000 shares, Phio Pharmaceuticals CEO Robert J Bitterman acquiring 1,000 shares, and FlexShopper Director Howard Dvorkin purchasing 90,921 shares.

Portfolio Pulse from Avi Kapoor

June 12, 2024 | 11:07 am

Insiders have been buying shares of four penny stocks: Harvard Bioscience, EZFill Holdings, Air Industries Group, and FlexShopper. These transactions may indicate confidence in the companies' prospects despite recent mixed financial results.

Portfolio Pulse from Avi Kapoor

June 10, 2024 | 1:01 pm

HC Wainwright & Co. analyst Scott Buck has reiterated a Buy rating on FlexShopper (NASDAQ:FPAY) and maintained a price target of $2.5.

Portfolio Pulse from Benzinga Newsdesk

May 15, 2024 | 4:36 pm

FlexShopper (NASDAQ:FPAY) reported Q1 2024 earnings with a GAAP EPS of $(0.06), surpassing the $(0.13) estimate, and sales of $33.900M, exceeding the $29.193M estimate. This represents a 10.11% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 13, 2024 | 8:40 pm

HC Wainwright & Co. analyst Scott Buck maintains a Buy rating on FlexShopper (NASDAQ:FPAY) and raises the price target from $2 to $2.5.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 10:13 am

FlexShopper (NASDAQ:FPAY) reported Q4 earnings, beating estimates with an EPS of $-0.16 against an expected $-0.25 and saw a revenue increase of $8.86 million from the previous year. This follows a pattern of surpassing EPS estimates in previous quarters, which has positively impacted its share price.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 8:55 pm

FlexShopper (NASDAQ:FPAY) reported Q4 2023 GAAP EPS of $(0.16), beating the $(0.25) estimate, but missed sales estimates with $30.271M against the expected $30.509M. This represents a 41.38% increase in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

April 01, 2024 | 8:51 pm

Numerous companies are scheduled to report their quarterly earnings on April 1, 2024, with a mix of projected profits and losses across various sectors. Notable mentions include Mach Natural Resources with expected earnings of $0.92 per share, Sigma Lithium with $0.18 per share, and PVH Corp with a significant $3.53 per share. Conversely, companies like Enservco and Nano X Imaging are anticipating losses. This diverse earnings landscape provides a broad view of the financial health across different industries.

Portfolio Pulse from Benzinga Insights

April 01, 2024 | 9:13 am

Insiders at Wag! Group Co. (PET), FlexShopper, Inc. (FPAY), and Franklin Street Properties Corp. (FSP) have recently made significant stock purchases. These transactions come after various financial updates from the companies, with Wag! Group posting a wider-than-expected quarterly loss, FlexShopper reporting better-than-expected Q3 financial results, and Franklin Street Properties announcing better-than-expected quarterly sales.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 1:51 pm

RayzeBio, Inc. (RYZB) shares surged 100% after announcing its acquisition by Bristol Myers Squibb for $62.50 per share in cash, valuing the deal at $4.1 billion. Other stocks also moved significantly in Tuesday's mid-day session, with ARB IOT Group Limited (ARBB) and IMAC Holdings, Inc. (BACK) among the top gainers, while PARTS iD, Inc. (ID) and Milestone Pharmaceuticals Inc. (MIST) were among the top losers.

Portfolio Pulse from Avi Kapoor

December 26, 2023 | 6:48 pm

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