FlexShopper Inc

FlexShopper Inc Stock Forecast & Price Prediction

Live FlexShopper Inc Stock (FPAY) Price
$2.04

2

Ratings

  • Buy 2
  • Hold 0
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.04

P/E Ratio

1.93

Volume Traded Today

$183,440

Dividend

Dividends not available for FPAY

52 Week High/low

2.19/0.97

FlexShopper Inc Market Cap

$49.0M

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FPAY Summary

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.

FPAY Analyst Ratings

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.

FPAY stock forecast by analyst

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

FPAY Company Information

What They Do: Operates a lease-to-own e-commerce marketplace.

Business Model: The company generates revenue by providing durable goods, such as electronics and home furnishings, on a lease-to-own basis. Customers can select products from a wide array of well-known brands and pay for them over time, making it an accessible option for consumers who may not have the upfront capital to purchase these items outright.

Other Information: Founded in 2003 and headquartered in Boca Raton, Florida, FlexShopper, Inc. was previously known as Anchor Funding Services, Inc. The company offers a diverse range of products, including electronics, home appliances, and furniture, catering to various consumer needs.
FPAY
FlexShopper Inc (FPAY)

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

FlexShopper Inc (FPAY) Financial Data

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

$102.1M

Revenue From 2021

$125.4M

22.87 %
From Previous Year

Revenue From 2022

$113.1M

-9.86 %
From Previous Year

Revenue From 2023

$117.0M

3.47 %
From Previous Year
  • Revenue TTM $127.4M
  • Operating Margin TTM 10.3%
  • Gross profit TTM $111.0M
  • Return on assets TTM 7.9%
  • Return on equity TTM -1.9%
  • Profit Margin -0.4%
  • Book Value Per Share 0.30%
  • Market capitalisation $49.0M
  • Revenue for 2021 $125.4M
  • Revenue for 2022 $113.1M
  • Revenue for 2023 $117.0M
  • EPS this year (TTM) $-0.26

FlexShopper Inc (FPAY) Latest News

News Image

Thu, 05 Dec 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

News Image

Wed, 04 Dec 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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 - FlexShopperโ€™s partnership with United Wheels could enhance its product offerings and market reach, potentially driving revenue growth and improving investor sentiment.

News Image

Wed, 27 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

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.

News Image

Tue, 26 Nov 2024

Sentiment - POSITIVE

Source - Seeking Alpha

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.

News Image

Thu, 14 Nov 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

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.

News Image

Thu, 14 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

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.

...

FPAY Frequently asked questions

The highest forecasted price for FPAY is $4 from Scott Buck at HC Wainwright & Co..

The lowest forecasted price for FPAY is $2.5 from Scott Buck from HC Wainwright & Co.

The FPAY analyst ratings consensus are 2 buy ratings, 0 hold ratings, and 0 sell ratings.