Opinions
The Panic-Proof Portfolio (Stockchase Research)
International Money Express, Inc.
IMXI-Q
TOP PICK
Dec 17, 2024
$21.860
Stock price when the opinion was issued
Financial Services
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
IMXI provides international online payment services to customers in North and South America, the Caribbean, Africa and Asia. Recently reported earnings modestly beat expectations and analysts expect a further 5% increase in EPS. The company has been prudently using some cash reserves to reduce debt and buy back shares. It trades at 12x earnings and supports a ROE of 40%. We recommend setting a stop-loss at $18, looking to achieve $26 -- upside potential of 19%. Yield 0%
(Analysts’ price target is $26.40)