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

1.48

Mkt cap

33M

Volume

153K

High

1.57

P/E Ratio

-3.81

52-wk high

1.95

Low

1.44

Div yield

N/A

52-wk low

0.97

FlexShopper has partnered with Terrace Finance to integrate lease-to-own services into a multi-provider platform, expanding payment solutions across over 800 retail locations, with an additional 500 expected by the end of 2024. $4.6 million in fundings were approved during Q2 2024.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:09 pm

The article highlights recent insider transactions for three penny stocks: One Stop Systems, System1, and FlexShopper. Insider buying can indicate confidence in the company's prospects. Notable transactions include purchases by directors and major shareholders.

Portfolio Pulse from Avi Kapoor

August 16, 2024 | 11:40 am

FlexShopper (NASDAQ:FPAY) reported Q2 2024 GAAP EPS of $(0.13), beating the $(0.14) estimate, but sales of $31.759M missed the $32.597M estimate. Sales increased by 29.46% year-over-year.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:53 pm

The article highlights recent insider transactions in four penny stocks: Stereotaxis, Mobile Infrastructure, Hyliion Holdings, and FlexShopper. Insider buying can indicate confidence in the company's prospects.

Portfolio Pulse from Avi Kapoor

June 18, 2024 | 12:10 pm

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

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