FlexShopper, Inc. Reports 2023 Fourth Quarter and Year End Financial Results
FPAY Stock | USD 1.98 0.13 7.03% |
Slightly above 78 percent of all FlexShopper's investors are aggressively thinking of buying. The analysis of the overall prospects from investing in FlexShopper suggests that a fairly large number of traders are, at the present time, excited. FlexShopper's investing sentiment can be driven by a variety of factors including economic data, FlexShopper's earnings reports, geopolitical events, and overall market trends.
FlexShopper |
BOCA RATON, Fla., April 01, 2024 -- FlexShopper, Inc. , a leading national online lease-to-own ...
Read at globenewswire.com
FlexShopper Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards FlexShopper can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
FlexShopper Fundamental Analysis
We analyze FlexShopper's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of FlexShopper using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of FlexShopper based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Beta
Beta Comparative Analysis
FlexShopper is currently under evaluation in beta category among its peers. Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.
FlexShopper Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with FlexShopper stock to make a market-neutral strategy. Peer analysis of FlexShopper could also be used in its relative valuation, which is a method of valuing FlexShopper by comparing valuation metrics with similar companies.
Peers
FlexShopper Related Equities
ALTG | Alta Equipment | 2.20 | ||||
ASHTF | Ashtead Group | 1.13 | ||||
PRG | PROG Holdings | 0.93 | ||||
FTAIN | Fortress Transportation | 0.80 | ||||
MGRC | McGrath RentCorp | 0.52 | ||||
GATX | GATX | 0.28 | ||||
ASHTY | Ashtead Gro | 0.19 | ||||
CTOS | Custom Truck | 0.33 |
Additional Tools for FlexShopper Stock Analysis
When running FlexShopper's price analysis, check to measure FlexShopper's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy FlexShopper is operating at the current time. Most of FlexShopper's value examination focuses on studying past and present price action to predict the probability of FlexShopper's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move FlexShopper's price. Additionally, you may evaluate how the addition of FlexShopper to your portfolios can decrease your overall portfolio volatility.