Based on ratings from 2 stock analysts, the FlexShopper Inc stock price is expected to increase by 59.31% in 12 months. This is calculated by using the average 12-month stock price forecast for FlexShopper Inc. The lowest target is $2.5 and the highest is $4. Please note analyst price targets are not guaranteed and could be missed completely.
About 2 Wall Street analysts have assigned FPAY 2 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect FlexShopper Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on FPAY. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of FPAY.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Michael Diana Maxim Group | Buy | $4 | Maintains | Nov 15, 2024 |
Scott Buck HC Wainwright & Co. | Buy | $2.5 | Reiterates | Nov 15, 2024 |
Scott Buck HC Wainwright & Co. | Buy | $2.5 | Reiterates | Oct 2, 2024 |
Scott Buck HC Wainwright & Co. | Buy | $2.5 | Reiterates | May 15, 2024 |
Scott Buck HC Wainwright & Co. | Buy | $2.5 | Maintains | Apr 3, 2024 |
Scott Buck HC Wainwright & Co. | Buy | $2 | Maintains | Aug 17, 2023 |
Scott Buck HC Wainwright & Co. | Buy | $3 | Reiterates | Apr 26, 2023 |
Scott Buck HC Wainwright & Co. | Buy | $3 | Maintains | Nov 14, 2022 |
Scott Buck HC Wainwright & Co. | Buy | $4 | Maintains | Aug 12, 2022 |
HC Wainwright & Co. | Buy | Initiates | Dec 10, 2020 | |
Maxim Group | Buy | Initiates | Oct 10, 2019 | |
Ascendiant Capital | Buy | Initiates | Apr 10, 2019 |
When did it IPO
2010
Staff Count
204
Country
United States
Sector/Industry
Industrials/Rental & Leasing Services
CEO
Mr. Harold Russell Heiser Jr., C.F.A., C.P.C.
Market Cap
$49.0M
In 2023, FPAY generated $117.0M in revenue, which was a increase of 3.47% from the previous year. This can be seen as a signal that FPAY's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - FlexShopper (FPAY) is highlighted as a promising stock with strong recent momentum, currently trading at reasonable prices, suitable for investors seeking value.
Why It Matters - FlexShopper's strong momentum and reasonable pricing indicate potential for growth, attracting investors seeking value amidst rising stocks.
Summary - FlexShopper Inc. (Nasdaq: FPAY) has formed a strategic partnership with United Wheels Inc., enhancing its lease-to-own retail and payment solutions with outdoor brand offerings.
Why It Matters - FlexShopperโs partnership with United Wheels could enhance its product offerings and market reach, potentially driving revenue growth and improving investor sentiment.
Summary - FlexShopper, Inc. (Nasdaq: FPAY) plans a rights offering to raise capital for repurchasing Series 2 Convertible Preferred Stock, debt repayment, and potential acquisitions.
Why It Matters - FlexShopper's rights offering aims to strengthen its balance sheet by reducing debt and facilitating acquisitions, signaling potential growth opportunities and improved financial stability.
Summary - FlexShopper plans a rights offering to repurchase preferred stock, potentially raising $25M-$100M, enhancing its balance sheet and reducing debt costs. FPAY trades at 6x EV/EBITDA.
Why It Matters - FlexShopper's capital restructure and rights offering could enhance shareholder value by reducing debt costs and improving cash flow, potentially driving stock price appreciation.
Summary - FlexShopper, Inc. (NASDAQ: FPAY) will hold its Q3 2024 earnings conference call on November 14, 2024, at 8:30 AM ET, featuring CEO Russ Heiser and COO John Davis.
Why It Matters - FlexShopper's Q3 earnings call could reveal key financial performance metrics, strategic updates, and future guidance, impacting stock valuation and investor sentiment.
Summary - FlexShopper Inc. (FPAY) reported quarterly earnings of $0.05 per share, exceeding the Zacks Consensus Estimate of $0.02, and improved from a loss of $0.01 per share a year prior.
Why It Matters - FlexShopper's earnings beat expectations and show a turnaround from last year's loss, indicating improved financial health, which can boost investor confidence and stock value.