Ratings for Expensify (NASDAQ:EXFY) were provided by 4 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

In the assessment of 12-month price targets, analysts unveil insights for Expensify, presenting an average target of $2.75, a high estimate of $4.00, and a low estimate of $2.00. Highlighting a 38.89% decrease, the current average has fallen from the previous average price target of $4.50.

Decoding Analyst Ratings: A Detailed Look

The analysis of recent analyst actions sheds light on the perception of Expensify by financial experts. The following summary presents key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

For valuable insights into Expensify's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

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Get to Know Expensify Better

Expensify Inc is a cloud-based expense management software platform that helps the smallest to the largest businesses simplify the way they manage money. Over 12 million people use Expensify's free features, which include corporate cards, expense tracking, next-day reimbursement, invoicing, bill pay, and travel booking in one app.

Understanding the Numbers: Expensify's Finances

Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.

Revenue Challenges: Expensify's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -14.12%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Information Technology sector.

Net Margin: Expensify's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of -46.59%, the company may encounter challenges in effective cost control.

Return on Equity (ROE): Expensify's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive -17.45% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): Expensify's ROA lags behind industry averages, suggesting challenges in maximizing returns from its assets. With an ROA of -8.01%, the company may face hurdles in achieving optimal financial performance.

Debt Management: The company maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.69.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.

This article was generated by Benzinga's automated content engine and reviewed by an editor.