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Remitly Global (RELY)
NASDAQ:RELY
RELY Stock Chart & Stats
Day’s Range― - ―
52-Week Range$11.60 - $27.32
Previous CloseN/A
Volume252.20K
Average Volume (3M)2.87M
Market Cap
$4.08B
Enterprise Value$2.44B
Total Cash (Recent Filing)$368.10M
Total Debt (Recent Filing)$16.29M
Price to Earnings (P/E)―
Beta0.13
Next Earnings
Apr 30, 2025EPS Estimate
0.17Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.19
Shares Outstanding200,607,380
10 Day Avg. Volume3,201,611
30 Day Avg. Volume2,869,680
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)3.23
Price to Cash Flow (P/CF)18.30
P/FCF Ratio20.20
Enterprise Value/Market Cap0.60
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit3.26
Enterprise Value/Ebitda-176.60
Forecast
1Y Price Target
$30.50Price Target Upside50.02% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
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Remitly Global News
See All RELY News
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Bulls Say, Bears Say
Bulls Say
Cost EfficiencyThe amount of customers coming to Remitly organically is growing and the cost to go out and acquire a customer is much, much cheaper than last year.
Financial PerformanceRemitly delivered strong beats on topline/EBITDA and provided front quarter/C25 guidance comfortably ahead of consensus on revenue/EBITDA.
Market Share GrowthRELY is seeking to increase market share in its current 30 Send markets, with meaningful growth potential still remaining.
Revenue And EBITDA GuidanceThe company raised its revenue outlook and introduced EBITDA guidance that was higher than prior estimates, pointing to full-year GAAP profitability.
Bears Say
Pricing PressureThe short report suggests that RELY may have & likely will experience meaningful pricing pressure, highlighting a potential large decline in average transaction size since 2020.
Product ExecutionRELY's limited cross-selling opportunity/execution on new products is the most pertinent component of the short report.
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Ownership Overview
5.79% Insiders
14.91% Mutual Funds
40.12% Other Institutional Investors
24.62% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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RELY FAQ
What was Remitly Global’s price range in the past 12 months?
Remitly Global lowest stock price was $11.60 and its highest was $27.32 in the past 12 months.
What is Remitly Global’s market cap?
Remitly Global’s market cap is $4.08B.
When is Remitly Global’s upcoming earnings report date?
Remitly Global’s upcoming earnings report date is Apr 30, 2025 which is in 36 days.
How were Remitly Global’s earnings last quarter?
Remitly Global released its earnings results on Feb 19, 2025. The company reported $0.179 earnings per share for the quarter, beating the consensus estimate of $0.098 by $0.081.
Is Remitly Global overvalued?
According to Wall Street analysts Remitly Global’s price is currently Undervalued.
Does Remitly Global pay dividends?
Remitly Global does not currently pay dividends.
What is Remitly Global’s EPS estimate?
Remitly Global’s EPS estimate is 0.17.
How many shares outstanding does Remitly Global have?
Remitly Global has 200,607,380 shares outstanding.
What happened to Remitly Global’s price movement after its last earnings report?
Remitly Global reported an EPS of $0.179 in its last earnings report, beating expectations of $0.098. Following the earnings report the stock price went down -0.463%.
Which hedge fund is a major shareholder of Remitly Global?
Currently, no hedge funds are holding shares in RELY
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Remitly Global Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$30.50 (50.02% Upside)
$30.50 (50.02% Upside)
Blogger Sentiment
Bullish
RELY Sentiment 100%
Sector Average 64%
Sector Average 64%
Hedge Fund Trend
Increased
By 207.4K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $346.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 8.0%
Last 30 Days ▲ 8.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.08%
12-Months-Change
Fundamentals
Return on Equity
-6.19%
Trailing 12-Months
Asset Growth
-2.26%
Trailing 12-Months
Company Description
Remitly Global
Remitly Global (RELY) is a digital financial services provider that specializes in cross-border remittance services. The company focuses on offering consumers a convenient and cost-effective way to send money internationally through its online platform and mobile application. Remitly's core service is facilitating money transfers from individuals in developed countries to recipients in developing countries, with a strong emphasis on speed, security, and user experience.
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RELY Company Deck
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RELY Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
Remitly ended 2024 with strong financial results, driven by significant revenue growth, customer acquisition, and operational efficiencies. The company demonstrated improved marketing ROI and global expansion success. Despite expectations for moderating revenue growth and some pressure on gross margins, the outlook for 2025 remains positive with anticipated profitability milestones.Read More>---
RELY Revenue Breakdown
66.90% U.S.
21.10% ROW
12.00% Canada
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RELY Stock 12 Month Forecast
Average Price Target
$30.50
▲(50.02% Upside)
Technical Analysis
Best Analysts Covering RELY
1 Year
1 Year Success Rate
14/19 ratings generated profit
1 Year Average Return
+27.01%
reiterated a buy rating 7 days ago
Copying Ramsey El Assal's trades and holding each position for 1 Year would result in 73.68% of your transactions generating a profit, with an average return of +27.01% per trade.
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