<div id="readability-page-1"><p>International Money Express (NASDAQ:IMXI - Get Free Report) posted its quarterly earnings data on Monday. The company reported $0.32 EPS for the quarter, missing analysts' consensus estimates of $0.54 by ($0.22), Zacks reports. International Money Express had a return on equity of 42.08% and a net margin of 8.01%.</p><h2>International Money Express Price Performance</h2><p>Shares of International Money Express stock traded up $0.03 during midday trading on Monday, hitting $15.17. 164,151 shares of the company were exchanged, compared to its average volume of 427,898. The firm has a 50 day simple moving average of $14.57 and a 200-day simple moving average of $12.42. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.63 and a quick ratio of 1.63. The firm has a market cap of $450.85 million, a P/E ratio of 9.25 and a beta of 0.91. International Money Express has a 52 week low of $8.58 and a 52 week high of $22.37. </p><h2>Analyst Ratings Changes</h2><p>A number of analysts have issued reports on the company. Weiss Ratings raised International Money Express from a &#34;sell (d+)&#34; rating to a &#34;hold (c-)&#34; rating in a report on Wednesday, October 8th. Zacks Research upgraded shares of International Money Express from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research report on Friday, October 10th. Northland Capmk downgraded shares of International Money Express from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a report on Monday, August 11th. Finally, Wall Street Zen upgraded shares of International Money Express from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research note on Saturday, August 16th. Two analysts have rated the stock with a Buy rating and six have issued  a Hold rating to the company. According to data from MarketBeat.com, International Money Express  has an average rating of &#34;Hold&#34; and a consensus price target of $17.50.</p><p><b>Check Out Our Latest Stock Analysis on IMXI</b></p><h2>Institutional Inflows and Outflows</h2><p>A number of hedge funds and other institutional investors have recently made changes to their positions in IMXI. Engineers Gate Manager LP boosted its stake in shares of  International Money Express by 540.3% in the 2nd quarter. Engineers Gate Manager LP now owns 72,127 shares of the company's stock valued at $728,000 after purchasing an additional 60,863 shares in the last quarter.  BNP Paribas Financial Markets boosted its position in  International Money Express by 542.4% in the second quarter. BNP Paribas Financial Markets now owns 44,963 shares of the company's stock valued at $454,000 after buying an additional 37,964 shares in the last quarter.  Brevan Howard Capital Management LP grew its stake in  International Money Express by 26.0% during the second quarter. Brevan Howard Capital Management LP now owns 35,936 shares of the company's stock worth $363,000 after buying an additional 7,405 shares during the last quarter.  Jane Street Group LLC grew its stake in  International Money Express by 280.6% during the second quarter. Jane Street Group LLC now owns 187,095 shares of the company's stock worth $1,888,000 after buying an additional 137,938 shares during the last quarter.  Finally, Raymond James Financial Inc. acquired a new stake in shares of  International Money Express during the second quarter worth approximately $40,000. 86.71% of the stock is owned by institutional investors. </p><h2>About International Money Express</h2> (Get Free Report)<p>International Money Express, Inc, together with its subsidiaries, operates as an omnichannel money remittance services company in the United States, Latin America, Mexico, Central and South America, the Caribbean, Africa, and Asia. The company offers remittance services, which include a suite of ancillary financial processing solutions and payment services; and online payment options, pre-paid debit cards, and direct deposit payroll cards.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than International Money Express</li><li>REIT Stocks - Best REIT Stocks to Add to Your Portfolio Today</li><li>Shares Down, Price Targets Up: 3 Stocks Upgraded After +10% Drops</li><li>How to Calculate Retirement Income: MarketBeat’s Calculator</li><li>Nuclear Stocks Are Melting Down—Should Investors Panic?</li><li>Expert Stock Trading Psychology Tips</li><li>Monday.com Opens Generational Opportunity With Manic Sell-Off</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SU1YSQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="325" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/EarningsChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9SU1YSQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in International Money Express Right Now?</h2><p>Before you consider International Money Express, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and International Money Express wasn't on the list.</p><p>While International Money Express currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

IMXI

<p>International Money Express (NASDAQ:IMXI) reported quarterly earnings of $0.32 per share, missing analysts' expectations of $0.54 by $0.22. The company has a net margin of 8.01% and a return on equity of 42.08%. Shares traded at $15.17, with a market cap of $450.85 million. Analysts have mixed ratings, with two Buy and six Hold ratings. Institutional investors hold 86.71% of the stock, with significant increases in stakes from several hedge funds in the second quarter.</p>

International Money Express (NASDAQ:IMXI) Posts Quarterly Earnings Results, Misses Expectations By $0.22 EPS