Ratings Remitly Global, Inc.

Equities

RELY

US75960P1049

Market Closed - Nasdaq Other stock markets 01:30:00 15/05/2024 am IST			5-day change	1st Jan Change
14.24 ^USD	-0.35%		-6.44%	-26.67%

07/05	Remitly Global, Inc. Appoints Ronit Peled as Chief People Officer	CI
01/05	Earnings Flash (RELY) REMITLY GLOBAL Reports Q1 Revenue $269.1M, vs. Street Est of $273.9M	MT

Summary

The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

According to sales estimates from analysts polled by Standard & Poor's, the company is among the best with regard to growth.
The company is in a robust financial situation considering its net cash and margin position.
Over the past year, analysts have regularly revised upwards their sales forecast for the company.
Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
The average target price set by analysts covering the stock is above current prices and offers a tremendous appreciation potential.
Analyst opinion has improved significantly over the past four months.
The group usually releases upbeat results with huge surprise rates.

Weaknesses

As a percentage of sales and without taking into account depreciation and amortization, the company has relatively low margins.
The company has insufficient levels of profitability.
The company appears highly valued given the size of its balance sheet.
The average price target of analysts who are interested in the stock has been significantly revised downwards over the last four months.
Over the past twelve months, analysts' opinions have been revised negatively.
Sales estimates for the next fiscal years vary from one analyst to another. This clearly highlights a lack of visibility into the company's future activity.
The price targets of analysts who cover the stock differ significantly. This implies difficulties in evaluating the company and its business.

Ratings chart - Surperformance

Sector: Business Support Services

	1st Jan change	Capi.	ESG Refinitiv
REMITLY GLOBAL, INC.	-26.67%	275.05Cr	-
FISERV, INC.	+15.69%	8.96TCr	B
PAYPAL HOLDINGS, INC.	+5.16%	6.69TCr	B
GLOBAL PAYMENTS INC.	-13.24%	2.79TCr	C-
CORPAY, INC.	+0.24%	2.02TCr	C+
EDENRED SE	-11.65%	1.29TCr	A-
WISE PLC	-9.84%	1.02TCr	C
NEXI S.P.A	-13.83%	895.4Cr	B+
WEX INC.	+4.43%	863.86Cr	C+
EURONET WORLDWIDE, INC.	+13.26%	523.25Cr	C

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

Finances

Valuation

P/E ratio

EV / Sales

Price to Book

Price to Free Cash Flow

Yield

Momentum

1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

1 year EPS revision

4 months EPS revision

Consensus

Analyst Opinion

Potential Price Target

4m Target Price Revision

4m Revision of opinion

12m Revision of opinion

Business Predictability

Analyst Coverage

Divergence of Estimates

Divergence of analysts' opinions

Divergence of Target Price

Earnings quality

Technical analysis

ST Timing

MT Timing

LT Timing

RSI

Bollinger Spread

Unusual volumes