FlexShopper Inc. (FPAY) Hit a 52 Week High, Can the Run Continue?

Company Performance - FlexShopper Inc. (FPAY) has seen a stock increase of 5.4% over the past month, reaching a new 52-week high of $2.3 [1] - The stock has gained 25.7% since the beginning of the year, outperforming the Zacks Finance sector's 21.3% and the Zacks Financial - Miscellaneous Services industry's 15.8% [1] Earnings and Forecast - FlexShopper has a strong record of positive earnings surprises, not missing earnings consensus estimates in the last four quarters [2] - In the latest earnings report on November 14, 2024, FlexShopper reported EPS of $0.05, exceeding the consensus estimate of $0.02 [2] - For the current fiscal year, FlexShopper is expected to post earnings of $0.39 per share on revenues of $146.85 million [2] Valuation Metrics - FlexShopper currently trades at 5.5X current fiscal year EPS estimates, below the peer industry average of 10.3X [6] - On a trailing cash flow basis, the stock trades at 0.8X compared to its peer group's average of 9.3X [6] Zacks Rank and Style Scores - FlexShopper holds a Zacks Rank of 2 (Buy) due to rising earnings estimates [7] - The company has a Value Score of A, a Growth Score of D, and a Momentum Score of B, resulting in a combined VGM Score of B [5][7] Industry Comparison - The Financial - Miscellaneous Services industry is in the top 21% of all industries, indicating favorable conditions for both FPAY and its peers [10] - StoneX Group Inc. (SNEX), a peer, has a Zacks Rank of 1 (Strong Buy) and is expected to post earnings of $8.04 per share on revenues of $3.39 billion for the current fiscal year [8][9]