Financhill
Buy
62

RELY Quote, Financials, Valuation and Earnings

Last price:
$22.99
Seasonality move :
1.26%
Day range:
$22.56 - $23.00
52-week range:
$11.60 - $23.11
Dividend yield:
0%
P/E ratio:
--
P/S ratio:
3.78x
P/B ratio:
7.22x
Volume:
1M
Avg. volume:
1.4M
1-year change:
22.68%
Market cap:
$4.6B
Revenue:
$944.3M
EPS (TTM):
-$0.35

Analysts' Opinion

  • Consensus Rating
    Remitly Global has received a consensus rating of Buy. The company's average rating is a Buy based on 4 Buy ratings, 2 Hold ratings, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $23.78, Remitly Global has an estimated upside of 6.81% from its current price of $22.99.
  • Price Target Downside
    According to analysts, the lowest downside price target is $18.00 representing 100% downside risk from its current price of $22.99.

Fair Value

  • According to the consensus of 6 analysts, Remitly Global has 6.81% upside to fair value with a price target of $23.78 per share.

RELY vs. S&P 500

  • Over the past 5 trading days, Remitly Global has overperformed the S&P 500 by 0.13% suggesting its relative strength compared to the major market average is strong at this time.

Share Buyback

  • Remitly Global does not have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Remitly Global has grown year-over-year revenues for 0 quarters straight. In the most recent quarter Remitly Global reported revenues of $336.5M.

Earnings Growth

  • Remitly Global has grown year-over-year earnings for 0 quarters straight. In the most recent quarter Remitly Global reported earnings per share of $0.01.
Enterprise value:
4.2B
EV / Invested capital:
--
Price / LTM sales:
3.78x
EV / EBIT:
--
EV / Revenue:
3.60x
PEG ratio (5yr expected):
--
EV / Free cash flow:
44.37x
Price / Operating cash flow:
46.71x
Enterprise value / EBITDA:
--
Gross Profit (TTM):
$692.7M
Return On Assets:
-6.81%
Net Income Margin (TTM):
-5.63%
Return On Equity:
-11.78%
Return On Invested Capital:
-10.62%
Operating Margin:
0.11%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Income Statement
Revenue $597.8M $870.6M $1.2B $241.6M $336.5M
Gross Profit $292.4M $476.9M $692.7M $134.7M $199.2M
Operating Income -$114.7M -$106.1M -$66.3M -$36.9M $368K
EBITDA -$102.3M -$88.8M -$35.9M -$31.4M $9.2M
Diluted EPS -$0.67 -$0.58 -$0.35 -$0.20 $0.01
Period Ending 2020-09-30 2021-09-30 2022-09-30 2023-09-30 2024-09-30
Balance Sheet
Current Assets -- $647.3M $666.1M $728.8M $861.3M
Total Assets -- $664.9M $690.3M $832.8M $970.4M
Current Liabilities -- $172.7M $215.8M $300.4M $324.1M
Total Liabilities -- $177.2M $223.8M $307M $339.6M
Total Equity -- $487.7M $466.5M $525.8M $630.8M
Total Debt -- -- -- $2.4M $2.4M
Trailing 12 Months Fiscal Quarters
Period Ending 2022-09-30 2023-09-30 2024-09-30 2023-09-30 2024-09-30
Cash Flow Statement
Cash Flow Operations -$65.6M -$106M $110.4M $29M $146.8M
Cash From Investing -$6.3M -$49.7M -$15.1M -$2.6M -$3.9M
Cash From Financing $6.7M $2.9M $1.2M -$29.4M -$10.3M
Free Cash Flow -$71.5M -$115M $95.4M $26.4M $142.8M
RELY
Sector
Market Cap
$4.6B
$684.5M
Price % of 52-Week High
99.48%
87.63%
Dividend Yield
0%
2.22%
Shareholder Yield
--
3.86%
1-Year Price Total Return
22.68%
8.32%
Beta (5-Year)
--
0.739
Dividend yield:
0%
Annualized payout:
$0.00
Payout ratio:
--
Growth streak:
0 years

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Technicals

8-day SMA
Buy
Level $22.70
200-day SMA
Buy
Level $16.08
Bollinger Bands (100)
Buy
Level 13.39 - 20.53
Chaikin Money Flow
Buy
Level 80.8K
20-day SMA
Buy
Level $21.92
Relative Strength Index (RSI14)
Buy
Level 66.82
ADX Line
Buy
Level 27.6
Williams %R
Sell
Level -4.7809
50-day SMA
Buy
Level $20.12
MACD (12, 26)
Buy
Level 0.79
25-day Aroon Oscillator
Buy
Level 76
On Balance Volume
Sell
Level -29.8M

Financial Scores

Buy
Altman Z-Score (Annual)
Level (4.884)
Buy
CA Score (Annual)
Level (-0.2274)
--
Beneish M-Score (Annual)
Level (--)
Sell
Momentum Score
Level (4)
Sell
Ohlson Score
Level (0.5055)
Buy
Piotroski F Score (Annual)
Level (5)
Buy
Quality Ratio Score
Level (7)
Sell
Fundamental Score
Level (6)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. The company's revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.

Stock Forecast FAQ

In the current month, RELY has received 4 Buy ratings 2 Hold ratings, and 0 Sell ratings. The RELY average analyst price target in the past 3 months is $23.78.

  • Where Will Remitly Global Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Remitly Global share price will rise to $23.78 per share over the next 12 months.

  • What Do Analysts Say About Remitly Global?

    Analysts are divided on their view about Remitly Global share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Remitly Global is a Sell and believe this share price will drop from its current level to $18.00.

  • What Is Remitly Global's Price Target?

    The price target for Remitly Global over the next 1-year time period is forecast to be $23.78 according to 6 Wall Street analysts, 4 of them rate the stock a Buy, 0 rate the stock a Sell, and 2 analysts rate the stock a Hold.

  • Is RELY A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Remitly Global is a Buy. 4 of 6 analysts rate the stock a Buy at this time.

  • How Can I Buy Shares Of RELY?

    You can purchase shares of Remitly Global via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, TastyTrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Remitly Global shares.

  • What Is The Remitly Global Share Price Today?

    Remitly Global was last trading at $22.99 per share. This represents the most recent stock quote for Remitly Global. Yesterday, Remitly Global closed at $22.99 per share.

  • How To Buy Remitly Global Stock Online?

    In order to purchase Remitly Global stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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