Analysts predict FlexShopper Inc (FPAY) stock to reach $2.5 in the next 12 months

At the time of writing, FlexShopper Inc [FPAY] stock is trading at $1.45, up 12.84%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FPAY shares have gain 26.09% over the last week, with a monthly amount glided 15.54%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

FlexShopper Inc [NASDAQ: FPAY] stock has seen the most recent analyst activity on April 10, 2019, when Ascendiant Capital Markets initiated its Buy rating and assigned the stock a price target of $3.

For the past year, the stock price of FlexShopper Inc fluctuated between $0.94 and $1.95. Currently, Wall Street analysts expect the stock to reach $2.5 within the next 12 months. FlexShopper Inc [NASDAQ: FPAY] shares were valued at $1.45 at the most recent close of the market. An investor can expect a potential return of 72.41% based on the average FPAY price forecast.

Analyzing the FPAY fundamentals

According to FlexShopper Inc [NASDAQ:FPAY], the company’s sales were 127.36M for trailing twelve months, which represents an 29.46% jump. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.02 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.92.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.3183 points at the first support level, and at 1.1867 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5633, and for the 2nd resistance point, it is at 1.6767.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 0.24, the price to book ratio is 6.71.

Transactions by insiders

Recent insider trading involved Dvorkin Howard, Director, that happened on Aug 22 ’24 when 16200.0 shares were purchased. Director, Dvorkin Howard completed a deal on Aug 23 ’24 to buy 6900.0 shares. Meanwhile, Director Dvorkin Howard bought 3381.0 shares on Aug 20 ’24.

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