Remitly Global Net Worth

Remitly Global Net Worth Analysis

Remitly Global Target Price Consensus

Remitly Global Target Price Projection

Remitly Global's current and average target prices are 15.79 and 27.79, respectively. The current price of Remitly Global is the price at which Remitly Global is currently trading. On the other hand, Remitly Global's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on Remitly Global and the information provided on this page.

Know Remitly Global's Top Institutional Investors

Note, although Remitly Global's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Follow Remitly Global's market capitalization trends

The company currently falls under 'Mid-Cap' category with a current market capitalization of 3.22 B.

Project Remitly Global's profitablity

Earnings View

Profitability View

Liquidity View

Fundamentals View

Competition View

Evaluate Remitly Global's management efficiency

Return On Tangible Assets is likely to drop to -0.04 in 2025. Return On Capital Employed is likely to drop to -0.06 in 2025. At this time, Remitly Global's Non Currrent Assets Other are fairly stable compared to the past year. Other Current Assets is likely to rise to about 332.2 M in 2025, whereas Total Assets are likely to drop slightly above 962.2 M in 2025. Remitly Global's management efficiency ratios could be used to measure how well Remitly Global manages its routine affairs as well as how well it operates its assets and liabilities.

Remitly Global Corporate Filings

Remitly Global time-series forecasting models is one of many Remitly Global's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Remitly Global's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

Remitly Global Earnings Estimation Breakdown

The calculation of Remitly Global's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Remitly Global is estimated to be 0.187125 with the future projection ranging from a low of 0.175 to a high of 0.20365. Please be aware that this consensus of annual earnings estimates for Remitly Global is based on EPS before non-recurring items and includes expenses related to employee stock options.

Remitly Global Earnings Projection Consensus

Remitly Global Earnings History

Earnings estimate consensus by Remitly Global analysts from Wall Street is used by the market to judge Remitly Global's stock performance. Investors also use these earnings estimates to evaluate and project the stock performance into the future in order to make their investment decisions. However, we recommend analyzing not only Remitly Global's upcoming profit reports and earnings-per-share forecasts but also comparing them to our different valuation methods. Retained Earnings is likely to rise to about (501.9 M) in 2025. Earnings Yield is likely to drop to -0.0088 in 2025 Common Stock Shares Outstanding is likely to rise to about 204.4 M in 2025, despite the fact that Net Loss is likely to grow to (97.5 M).

Hype Prediction Low Estimated High 12.97 15.76 18.55 Details

Intrinsic Valuation Low Real High 14.21 20.29 23.08 Details

Naive Forecast Low Next High 13.53 16.32 19.11 Details

12 Analysts Consensus Low Target High 25.29 27.79 30.85 Details

Note that many institutional investors and large investment bankers can move markets due to the volume of Remitly assets they manage. They also follow analysts to some degree and often drive overall investor sentiments towards Remitly Global. With so many stockholders watching consensus numbers, the difference between actual and projected earnings is one of the most critical factors driving Remitly Global's stock price in the short term.

Remitly Global Earnings per Share Projection vs Actual

Actual Earning per Share of Remitly Global refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Remitly Global predict the company's earnings will be in the future. The higher the earnings per share of Remitly Global, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Remitly Global Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Remitly Global, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Remitly Global should always be considered in relation to other companies to make a more educated investment decision.

Remitly Quarterly Analyst Estimates and Surprise Metrics

Remitly Global Corporate Management

Additional Tools for Remitly Stock Analysis