Ratings Remitly Global, Inc.

Equities

RELY

US75960P1049

Real-time Estimate Cboe BZX Other stock markets 03:07:49 2024-05-10 pm EDT			5-day change	1st Jan Change
14.32 ^USD	-2.45%		-4.76%	-26.88%

May. 07	Remitly Global, Inc. Appoints Ronit Peled as Chief People Officer	CI
May. 01	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

Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
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.
Sales forecast by analysts have been recently revised upwards.
For the past year, analysts covering the stock have been revising their EPS expectations upwards in a significant manner.
For the past twelve months, EPS forecast has been revised upwards.
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.
Historically, the company has been releasing figures that are above expectations.

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.
In relation to the value of its tangible assets, the company's valuation appears relatively high.
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 various analysts who make up the consensus differ significantly. This reflects different assessments and/or a difficulty in valuing the company.

Ratings chart - Surperformance

Sector: Business Support Services

	1st Jan change	Capi.	ESG Refinitiv
REMITLY GLOBAL, INC.	-26.88%	2.83B	-
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GLOBAL PAYMENTS INC.	-13.55%	28.48B	C-
CORPAY, INC.	+0.56%	20.35B	C+
EDENRED SE	-12.93%	12.46B	A-
WISE PLC	-8.64%	10.14B	C
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NEXI S.P.A	-15.96%	8.57B	B+

Investor Rating

Trading Rating

ESG Refinitiv

Financials

Sales growth

Earnings Growth

EBITDA / Sales

Profitability

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1 year Revenue revision

4 months Revenue revision

7 days Revenue revision

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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

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Unusual volumes