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MoneyLion Names Pinterest, Google Veteran Jon Kaplan as CRO
PYMNTS.com· 2024-06-24 18:58
MoneyLion has appointed Pinterest and Google veteran Jon Kaplan as its first chief revenue officer (CRO).In his new position, Kaplan will focus on expanding MoneyLion’s market share and leveraging the company’s data assets to create new revenue opportunities, the financial technology ecosystem firm said in a Monday (June 24) press release.“Jon’s impressive track record at Pinterest and Google showcases his ability to drive massive growth and innovation,” Dee Choubey, co-founder and CEO of MoneyLion, said in ...
MoneyLion: Additional Upside Likely After 5.8X Surge
Seeking Alpha· 2024-06-13 03:57
Anup Shah/DigitalVision via Getty Images Today's article covers MoneyLion Inc. (NYSE:ML), a cutting-edge consumer finance platform with an integrated business model. MoneyLion's stock has surged by more than 580% in the past year as its scalable solutions have provided tangible results. However, the question now becomes: Is MoneyLion stock overvalued, or does it have more in store? To address the central question, we assessed various fundamental aspects and market-based indicators and concluded that MoneyLi ...
Here is What to Know Beyond Why MoneyLion Inc. (ML) is a Trending Stock
ZACKS· 2024-06-11 14:00
MoneyLion Inc. (ML) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this company have returned +3.2%, compared to the Zacks S&P 500 composite's +2.9% change. During this period, the Zacks Financial Transaction Services industry, which MoneyLion falls in, has lost 2.2%. The key question now is: What could be the stock's future directio ...
Are Business Services Stocks Lagging MoneyLion (ML) This Year?
ZACKS· 2024-05-30 14:46
For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Has MoneyLion Inc. (ML) been one of those stocks this year? By taking a look at the stock's year-to-date performance in comparison to its Business Services peers, we might be able to answer that question.MoneyLion Inc. is one of 315 individual stocks in the Business Services sector. Collectively, these companies sit at #3 in the Zacks Sector Rank. The Zacks Sector ...
Is Trending Stock MoneyLion Inc. (ML) a Buy Now?
zacks.com· 2024-05-29 14:01
MoneyLion Inc. (ML) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this company have returned +48.5% over the past month versus the Zacks S&P 500 composite's +4.3% change. The Zacks Financial Transaction Services industry, to which MoneyLion belongs, has lost 2.6% over this period. Now the key question is: Where could the stock be headed in the near term ...
Small Cap Summer: 3 Top Ranked Stocks to Buy Now
zacks.com· 2024-05-28 19:31
Core Viewpoint - The Russell 2000 Small-Cap Index has underperformed compared to the broader market, but there are expectations for a potential convergence in performance due to upcoming interest rate cuts and seasonal factors [1][2]. Small-Cap Stocks Catalysts - Elevated interest rates have negatively impacted small-cap stocks, but anticipated interest rate cuts before year-end could provide a boost [2]. - Seasonal trends indicate that from mid-May to the end of June, the Russell 2000 typically outperforms the S&P 500 [2]. - Notable hedge fund manager Stanley Druckenmiller has increased his position in small-cap stocks, indicating confidence in this sector [2][16]. Company Highlights MoneyLion (ML) - MoneyLion is a financial technology company that offers a range of financial products through its mobile app, including banking, lending, and investment services [4]. - The company reported record revenue of $121 million, a 29% year-over-year increase, and expanded margins by 480 basis points, with total customers growing to 15.5 million, a 98% increase year-over-year [4][5]. - Analysts have raised earnings estimates significantly, with a 2,500% increase in this year's earnings estimate over the last month, and the stock is trading at 18 times FY25 earnings [5][7]. PubMatic (PUBM) - PubMatic is a digital advertising technology company that provides a cloud-based platform for publishers to optimize ad revenue through programmatic advertising [8]. - The company has seen strong sales growth in the teens and profit growth driven by improving business fundamentals [8]. - Analysts have upgraded FY24 earnings estimates by 41% and FY25 estimates by 34%, giving it a Zacks Rank 1 (Strong Buy) rating [9]. Universal Technical Institute (UTI) - UTI is a provider of post-secondary education focused on technical training for various industries, operating campuses across the US [11][12]. - The company has seen steady increases in earnings estimates and holds a Zacks Rank 2 (Buy) rating, with expectations to beat next quarter's earnings estimates by 13.8% [12]. - UTI's stock is up 25% year-to-date and is trading at a forward earnings multiple of 21.5 times, below its 10-year median of 29.2 times [11][13].
Wall Street Bulls Look Optimistic About MoneyLion (ML): Should You Buy?
zacks.com· 2024-05-28 14:31
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about MoneyLion Inc. (ML) .MoneyLion currently has an average brokerage recommendation (ABR) of 1.20, ...
MoneyLion Inc. (ML) Hits Fresh High: Is There Still Room to Run?
zacks.com· 2024-05-27 14:15
Company Performance - MoneyLion Inc. shares have increased by 32.3% over the past month and reached a new 52-week high of $97.47 [1] - The stock has gained 49.7% since the beginning of the year, outperforming the Zacks Business Services sector (6.1%) and the Zacks Financial Transaction Services industry (4.2%) [1] Earnings and Revenue Expectations - MoneyLion reported an EPS of $0.6 in its last earnings report, significantly exceeding the consensus estimate of -$0.29, although it missed the revenue estimate by 0.47% [2] - For the current fiscal year, the company is expected to post earnings of $1.45 per share on revenues of $524.8 million, reflecting a 131.32% increase in EPS and a 23.94% increase in revenues [2] - For the next fiscal year, earnings are projected to be $5.51 per share on revenues of $636.7 million, indicating a year-over-year change of 280% in EPS and 21.32% in revenues [2] Valuation Metrics - MoneyLion's stock trades at 64.7X current fiscal year EPS estimates, which is a premium compared to the peer industry average of 14.9X [4] - On a trailing cash flow basis, the stock trades at 140.2X versus the peer group's average of 9.6X, suggesting it is not positioned in the top echelon from a value perspective [4] Zacks Rank and Style Scores - MoneyLion holds a Zacks Rank of 1 (Strong Buy) due to favorable earnings estimate revisions from analysts [5] - The company has a Value Score of C, a Growth Score of A, and a Momentum Score of B, resulting in a combined VGM Score of A [3][5] Industry Comparison - The Financial Transaction Services industry is performing well, ranking in the top 17% of all industries, providing a favorable environment for both MoneyLion and its peer, Paysafe Limited [6] - Paysafe Limited has a Zacks Rank of 2 (Buy) and is expected to post earnings of $2.47 per share on revenues of $1.7 billion for the current fiscal year [6]
MoneyLion Inc. (ML) is a Great Momentum Stock: Should You Buy?
Zacks Investment Research· 2024-05-14 17:01
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...
Does MoneyLion (ML) Have the Potential to Rally 27.39% as Wall Street Analysts Expect?
Zacks Investment Research· 2024-05-10 14:56
MoneyLion Inc. (ML) closed the last trading session at $81.95, gaining 1.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $104.40 indicates a 27.4% upside potential.The mean estimate comprises five short-term price targets with a standard deviation of $19.19. While the lowest estimate of $80 indicates a 2.4% decline from the current price level, the most optimistic analyst expect ...