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How to Buy International Money Express Stock

International Money Express Inc

International Money Express, Inc. , through its subsidiary, operates as a money remittance services company in the United States, Latin America, Mexico, Africa, Central and South America, and the Caribbean.

International Money Express stock last closed at $21.89, up 1.58% from the previous day, and has decreased 13.13% in one year. It has underperformed other stocks in the Software - Infrastructure industry by 0.27 percentage points. International Money Express stock is currently +38.9% from its 52-week low of $15.76, and -18.05% from its 52-week high of $26.71.

There are currently 33.73M IMXI shares outstanding. The market capitalization of IMXI is $738.40M. In the past 24 hours, 137,869 IMXI shares were traded.

How to Buy International Money Express Stock

Wondering how to invest in International Money Express stock? Here's how.
  1. Choose where to buy International Money Express stock: You need to choose a stock brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you determine where to buy International Money Express stock.
  2. Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Select your payment method and add your info.
  4. Analyze International Money Express stock: The International Money Express ticker symbol is IMXI. Is International Money Express stock a good investment? Should you buy shares of IMXI? How do IMXI's underlying business fundamentals look? Do top analysts think International Money Express is a good buy? Why has IMXI's stock price moved recently? (Hint: Our stock research tools can help you understand if IMXI is a good stock to buy).
  5. Make your IMXI buy order: Decide if you will purchase IMXI shares at the current market price or use a limit order to purchase IMXI stock at a particular price.
  6. Monitor your IMXI investment: Create a watchlist to track your position in International Money Express shares.

Step 1: Choose where to buy International Money Express stock

You will need an online brokerage account in order to access the NASDAQ market and buy IMXI shares.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open your brokerage account

Now that you've chosen the best brokerage, you need to fill out some personal information so you can invest in IMXI today.

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  2. Input your personal info to create your new trading account.
  1. Submit your info by hitting the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have filled out your info on the best stock investing app, you need to deposit funds:

Check out the video below for more details transferring money into your new investment account.

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Step 4: Analyze International Money Express stock

After you have identified the best place to buy International Money Express stock, it's critical to evaluate their stock prior to investing, so you can comprehend the risk and upside.

International Money Express Numbers

IMXI Price
$21.89
1w %
2.91%
1y %
-13.13%
5y %
84.73%
P/E
13.11x
P/B
4.95x
P/S
1.18x
PEG
0.53x
Revenue
$658.74M
Earnings
$59.52M
Fore. Rev. Growth
N/A
Fore. Earn. Growth
N/A
Market Cap
$738.40M
Next Earnings
May 8, 2024
Next Dividend
N/A

Fundamentals of International Money Express

WallStreetZen was created to help part-time investors do more accurate fundamental analysis in less time.

You can view all of the due diligence checks on IMXI's stock page.

How is IMXI stock valued?

Analysts use many financial metrics, analyses, models, and charts to gauge IMXI's intrinsic value.

Using relative valuations ratios:

  • IMXI could be undervalued based on its P/E ratio of 13.11x, relative to Software - Infrastructure industry P/E ratio of 79.01x
  • IMXI could be undervalued based on its P/B ratio of 4.95x, relative to Software - Infrastructure industry P/B ratio of 11.76x
  • IMXI could be undervalued based on its PEG ratio of 0.53x

You can access additional valuation analysis on IMXI's stock here.

IMXI Financial Health Overview

Positive Financial Indicators:

  • IMXI earnings of $95.49M is not enough to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the IMXI balance sheet.
  • There are more short-term assets than long-term liabilities on the IMXI balance sheet.
  • IMXI's operating cash flow of $143.53M allows it to safely service it's debt of $210.91M.
  • Total IMXI debt is lower than 5 years ago, relative to shareholder equity.

Negative Financial Indicators:

  • IMXI has a relatively high debt to equity ratio of 2.87.
  • IMXI profit margin has gone down from 10.5% to 9% in the past year.

Do analysts think it's a good time to buy International Money Express stock

Out of 2 Equities analysts who research IMXI, the consensus analyst rating on International Money Express is a Strong Buy

It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.

You can dive deeper into what analysts are projecting on the International Money Express stock forecast page.

IMXI Trading Indicators

SMA10
21.59
SMA20
22.08
SMA50
21.33
SMA100
21.24
SMA200
20.16
MACD
0
MACD Signal
0.11
MACD Histogram
-0.11
RSI
53.14
Stochastic %K
20.48
Stochastic %D
11.88
StochRSI %K
27.95
StochRSI %D
14.63

IMXI Growth Metrics

Last year, IMXI earnings were $59.52M. Over the past four year, IMXI's earnings have gone up by 33.87% per year. This was slower than the Software - Infrastructure industry average of 141.81%.

Last year, IMXI revenue was $658.74M. During the past 5 year, IMXI's revenue has gone up by 19.19% per year. This was faster than the Software - Infrastructure industry average of 17.12%.

You can analyze IMXI's earnings and revenue performance here.

Who is buying/selling IMXI?

In the last year, executives and large shareholders at IMXI have sold more shares than they have bought.

Joseph Aguilar, President - GM Latin America of IMXI, was the latest IMXI insider to sell. They sold $500,781.00 worth of IMXI stock on Mar 15, 2024.

Learn more about who owns IMXI shares here.

Does IMXI stock generate passive income?

No, International Money Express doesn't provide an income stream by paying out dividends.

What others are saying about IMXI

One of the primary reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Make your IMXI buy order

You have two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are usually fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount, use a limit order.

Hit the Open Trade button and your broker will execute the order.

If you need more info about buying stocks on eToro, click the helpful video below:

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Step 6: Monitor your IMXI investment

Now that you own some IMXI shares, you'll want to keep up with your new investment.

Put IMXI on a watchlist to get the latest updates about your IMXI stock.

IMXI Feed

How to Buy Stock in International Money Express

To summarize, here are the 6 steps to buy stock in International Money Express:

  1. Choose where to buy International Money Express stock
  2. Open your brokerage account
  3. Put funds into your investment account
  4. Analyze International Money Express stock
  5. Make your IMXI buy order
  6. Monitor your IMXI investment

If you need a brokerage account, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to keep an eye on your new investment in International Money Express, click the button below.

NASDAQ: IMXI
$21.89+0.34 (+1.58%)
Updated Apr 23, 2024
Open eToro Account
NASDAQ: IMXI
$21.89+0.34 (+1.58%)
Updated Apr 23, 2024
Open eToro Account

FAQ

How much does it cost to buy one International Money Express share?

As of Apr 23, 2024, it costs $21.89 to buy one share of International Money Express stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.457 shares of IMXI.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy International Money Express stock?

According to 2 Wall Street analysts who monitor International Money Express, their consensus recommendation is to buy International Money Express stock.

What is the best way to buy International Money Express stock?

One way to place an order for International Money Express stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.