In a report released yesterday, Daniel Jester from BMO Capital maintained a Hold rating on Expensify (EXFY – Research Report), with a price target of $4.00. The company’s shares closed yesterday at $2.90.
Jester covers the Technology sector, focusing on stocks such as Workday, Intuit, and Ceridian HCM Holding. According to TipRanks, Jester has an average return of 5.7% and a 48.48% success rate on recommended stocks.
In addition to BMO Capital, Expensify also received a Hold from JMP Securities’s Patrick Walravens in a report issued today. However, yesterday, Lake Street assigned a Buy rating to Expensify (NASDAQ: EXFY).
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EXFY market cap is currently $240.3M and has a P/E ratio of -8.19.
Based on the recent corporate insider activity of 101 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of EXFY in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Expensify (EXFY) Company Description:
Expensify Inc is a cloud-based expense management software platform that helps the smallest to the largest businesses simplify the way they manage money. More than 10 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.
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