Is INTERNATIONAL MONEY EXPRESS (NASDAQ:IMXI) suited for growth investing?

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if INTERNATIONAL MONEY EXPRESS (NASDAQ:IMXI) is suited for growth investing. Investors should of course do their own research, but we spotted INTERNATIONAL MONEY EXPRESS showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Some of the canslim metrics of NASDAQ:IMXI highlighted

• With a favorable trend in its quarter-to-quarter (Q2Q) earnings per share (EPS), INTERNATIONAL MONEY EXPRESS highlights its ability to generate increasing profitability, showcasing a 26.67% growth.
• INTERNATIONAL MONEY EXPRESS has experienced 26.77% q2q revenue growth, indicating a significant sales increase.
• The EPS of INTERNATIONAL MONEY EXPRESS has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
• INTERNATIONAL MONEY EXPRESS demonstrates a strong Return on Equity(ROE) of 36.85%. This indicates the company's ability to generate favorable returns for shareholders and reflects its efficient utilization of capital. INTERNATIONAL MONEY EXPRESS shows promising potential for continued success.
• The Relative Strength (RS) of INTERNATIONAL MONEY EXPRESS has consistently been strong, with a current 82.61 rating. This indicates the stock's ability to exhibit relative price outperformance and reflects its competitive strength. INTERNATIONAL MONEY EXPRESS demonstrates promising potential for sustained price momentum.
• INTERNATIONAL MONEY EXPRESS maintains a healthy Debt-to-Equity ratio of 0.6. This indicates the company's conservative capital structure and signifies its ability to effectively manage debt obligations while maintaining a strong equity position.
• INTERNATIONAL MONEY EXPRESS exhibits a favorable ownership structure, with an institutional shareholder ownership of 83.55%. This signifies a diverse investor base, which can contribute to a more stable and efficient market for the stock.

Insights from Technical Analysis

ChartMill assigns a Technical Rating to every stock. This score, ranging from 0 to 10, is updated daily and is determined by evaluating multiple technical indicators and properties.

We assign a technical rating of 6 out of 10 to IMXI. IMXI has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.

• The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
• IMXI is part of the Financial Services industry. There are 100 other stocks in this industry. IMXI outperforms 72% of them.
• In the last month IMXI has a been trading in the 15.76 - 20.27 range, which is quite wide. It is currently trading near the high of this range.
• Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
• Looking at the yearly performance, IMXI did better than 82% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
• IMXI is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so IMXI is lagging the market slightly.
• Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

Our latest full technical report of IMXI contains the most current technical analsysis.

How does the complete fundamental picture look for NASDAQ:IMXI?

ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.

IMXI gets a fundamental rating of 6 out of 10. The analysis compared the fundamentals against 100 industry peers in the Financial Services industry. While IMXI belongs to the best of the industry regarding profitability, there are some minor concerns on its financial health. IMXI is not priced too expensively while it is growing strongly. Keep and eye on this one! This makes IMXI very considerable for growth investing!

Our latest full fundamental report of IMXI contains the most current fundamental analsysis.

More growth stocks can be found in our CANSLIM screen.

Keep in mind

Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.