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Market Cap 3.25B P/E - EPS this Y 41.50% Ern Qtrly Grth -
Income -110.61M Forward P/E -30.45 EPS next Y 68.40% 50D Avg Chg -3.00%
Sales 1.01B PEG - EPS past 5Y - 200D Avg Chg 24.00%
Dividend N/A Price/Book 6.34 EPS next 5Y - 52W High Chg -10.00%
Recommedations 2.00 Quick Ratio 2.02 Shares Outstanding 192.48M 52W Low Chg 104.00%
Insider Own 6.30% ROA -7.08% Shares Float 142.97M Beta 0.23
Inst Own 79.90% ROE -21.17% Shares Shorted/Prior 7.45M/6.52M Price 18.27
Gross Margin 57.79% Profit Margin -10.96% Avg. Volume 894,258 Target Price 23.50
Oper. Margin -6.86% Earnings Date Jul 31 Volume 1,467,447 Change -7.12%
About Remitly Global, Inc.

Remitly Global, Inc. provides digital financial services for immigrants, their families, and other citizens in the United States, Canada, and internationally. It primarily offers cross-border remittance services through mobile application and website. The company was founded in 2011 and is headquartered in Seattle, Washington.

RELY Chatroom

User Image ABLego Posted - 1 day ago

$RELY

User Image Stock_Titan Posted - 3 days ago

$RELY Remitly Announces May 2024 Investor Conference Participation https://www.stocktitan.net/news/RELY/remitly-announces-may-2024-investor-conference-dt1kt915ad2c.html

User Image PrashStash Posted - 4 days ago

@dinglebee $PLTR , $AFRM , $SOFI $RELY and may be even $SAVE are great gets for coming weeks. sofi and afrm alreadh started the run after massive dips after good earnings πŸ˜‡πŸš€

User Image PrashStash Posted - 4 days ago

$RELY $SOFI now its time for $sofi too πŸ˜‡πŸš€πŸš€πŸš€ $AMC $GME $NOVA added these too, loaded up πŸš€πŸš€πŸš€ Watching others squeeze this and $ growing. let's hope this continues till weekend πŸš€πŸš€πŸš€ LFG

User Image PrashStash Posted - 5 days ago

$AFRM $CRNC $RELY $SOFI thanks for dip. adding more of $CRNC at 5.05 πŸš€πŸš€πŸš€πŸš€πŸš€ holding $sofi $AFRM and $RELY πŸš€πŸš€πŸš€

User Image PrashStash Posted - 1 week ago

$AFRM Anither good dip after great earnings. Loading uo this, and other 2 massive dips after good earnings $CRNC $SOFI $RELY now let's wait snd watch for swing trade profits or short term/medium term reversal spike... All the best to Bulls and longs πŸ˜‡πŸš€πŸš€πŸš€πŸš€ shorts will be cornered soon. it's bull time again

User Image PrashStash Posted - 1 week ago

$SOFI $RELY holding these 2. may add if it dips further πŸš€πŸš€πŸš€

User Image Stock_Titan Posted - 1 week ago

$RELY Remitly Announces May 2024 Investor Conference Participation https://www.stocktitan.net/news/RELY/remitly-announces-may-2024-investor-conference-hwgsdyjyo0aq.html

User Image PrashStash Posted - 1 week ago

$RELY https://ir.remitly.com/news-releases/news-release-details/remitly-reports-first-quarter-2024-results

User Image PrashStash Posted - 1 week ago

$RELY Good revenue, net loss decreased , ( loss per share was more though). hovering around 14.6$ now. Thinking whether to hold hold for a long or temporary reshuffle since there are other prospects. but this is so lucrative overall dip , company is constantly growing despite some losses due to expenditures (probably marketing and operating expenses?) holding all for now.

User Image PrashStash Posted - 1 week ago

$CVS $NIO $RELY $UBER Sofi : anything under 7.5 is a steam imo (but how doom is the reversal time will depend on market factors, but i guess Definitely this will come back n up due to good earnings and guidance πŸš€πŸš€ remitly: let's see how long the shorts and bears will keep it down, it had a great downside year and since it's IPO, though it has pervert well. less observers and may be lesser known but good stock imo πŸ˜‡πŸš€ Nio : slow and steady play πŸš€

User Image Dontlookkid Posted - 1 week ago

$RELY only One person here or what?

User Image PrashStash Posted - 1 week ago

$CVS $NIO $RELY $UBER typo error below. I meant Remitly $RELY (not remotely,lol). Remitly beat earnings expectations and also raised guidance. so this will pick up soon once the momentum kicks in, so does $SOFI πŸš€

User Image PrashStash Posted - 1 week ago

$CVS $NIO $RELY $UBER $LYFT will add more lyft once profit taking us over πŸ˜‡

User Image PrashStash Posted - 1 week ago

$NIO $CVS $RELY $UBER πŸš€πŸš€πŸš€πŸš€πŸš€ Remotely being the high prospect, but yet to start the ignition. $UBER Already getting ga m up from 64 to 68 and climbing higher $NIO good delivery numbers coming up. loading up $CVS good correction after warning, got good buy rating from analysts. adding some, will add more if it dips πŸš€πŸš€πŸš€

User Image PrashStash Posted - 1 week ago

$SOFI super bullishπŸš€πŸš€πŸš€ $RELY $UBER

User Image PrashStash Posted - 1 week ago

$RELY adding pore under 15$ daymn this is a bonus dip πŸ˜‡πŸš€πŸ™

User Image PrashStash Posted - 1 week ago

$RELY $SOFI $UBER adding these 3 today on dip πŸš€πŸš€πŸš€πŸš€πŸš€ Nio , Xpev , INTC , CVS, PTON and LCID OXY under watch for further dip load up

User Image PrashStash Posted - 1 week ago

$RELY low volume today. added 200 more at 15.89

User Image PrashStash Posted - 1 week ago

$RELY again unexpected good didcout today. adding at 15.2 and may be more if it dips πŸ˜‡πŸš€

User Image PrashStash Posted - 1 week ago

$RELY coming back up

User Image bringItHome12 Posted - 2 weeks ago

$RELY https://www.tipranks.com/news/blurbs/buy-rating-affirmed-remitlys-strong-ebitda-and-growth-potential-underscore-positive-outlook $25 by the end of the year 😎

User Image bringItHome12 Posted - 2 weeks ago

$RELY Just picked up 25k shares at $15. Profitability continues to improve and growth will not stall for a while. This stock should be +$23 by the end of this year

User Image PrashStash Posted - 2 weeks ago

$RELY Good buy rating + Goox earnings good guidance. key is to hold and wait patiently for couple of weeks πŸš€πŸš€πŸš€

User Image PrashStash Posted - 2 weeks ago

$SOFI sold few META stocks for a small profit and added more offsofi and $RELY now hold and wait patiently for 5-10% return on this in the coming days (or even more )πŸš€πŸš€πŸš€πŸš€πŸš€

User Image PrashStash Posted - 2 weeks ago

$SOFI $RELY Going All in on these 2 right now. sofi under 7$$ is a good steal imo. added a thousand more now at 6.94 remitly dropped from 17.14 to 13.7 after great earnings and improved guidance, so this should fly past 17-18$ imo, and if the bullish momentum continues (similar tosnapchat scenario) then this should cross 20$ imo (this month it fell from 21$ to current price). so loading this too at 15.43. under 16$ it should be a good bet imo πŸš€πŸš€πŸš€πŸš€πŸš€

User Image Stocksrunner Posted - 2 weeks ago

πŸ“Š Thursday's Unusual Volume Detected! πŸ“Š $ASPN saw a surge in trading activity after smashing Q1 expectations! πŸš€ GAAP loss narrower than expected, sales beat estimates. πŸ“ˆ $RELY also attracted attention with its Q1 earnings call, driving increased trading activity. πŸ“ž Investors are keenly monitoring developments. πŸ’Ό $ENVX Among the top stocks gaining investor interest, Carvana stood out, closing with a solid 5.03% jump. πŸš— Keep an eye on these movers! πŸ‘€

User Image PrashStash Posted - 2 weeks ago

@Bawee i agree. they keep changing their opinions and ratings. but my risk appetite was smaller this time, was playing on margin. couldn't take big risk, and $RELY sounded like a more promising bet for me after reading their ER (tjough there are few negative concerns too, but more safer get, and it may /will climb higher just like snapchat imo all the best to rest of the bulls πŸš€

User Image PrashStash Posted - 2 weeks ago

$RELY $SOFI more purchase orders piling up... Goood dip on good earnings. adding more

User Image PrashStash Posted - 2 weeks ago

$RELY adding more. at 15.4x posting both positive and negatives. i guess positives outweigh negative. waiting on reversal hopefully soon loading more $sofi too at 8.91-8.93. This should be a winner soon sadly, had to wash away most of $FSLY on a small 1-2% loss after bofa financial advisor brutally downgraded the price from 18 to brutal 8. not sure where it will go next, may bounce back n to 10 or go below 8. unceunity... so sold major for now and reinvested in $RELY Good luck to other bulls.

Analyst Ratings
Barclays Overweight May 6, 24
JP Morgan Overweight May 2, 24
BMO Capital Outperform May 2, 24
Wells Fargo Underweight May 2, 24
Wells Fargo Underweight May 1, 24
JMP Securities Market Outperform Apr 17, 24
Monness, Crespi, Hardt Buy Mar 20, 24
Wells Fargo Underweight Feb 22, 24
BMO Capital Outperform Feb 22, 24
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Oppenheimer Matthew B. Chief Executive Offi.. Chief Executive Officer Jan 23 Sell 16.32 20,832 339,978 4,719,685 01/25/24
Yoakum Rene EVP, Customer and Cu.. EVP, Customer and Culture Dec 15 Sell 18.11 15,000 271,650 59,928 12/18/23
Yoakum Rene EVP, Customer and Cu.. EVP, Customer and Culture Dec 15 Option 1.7 15,000 25,500 74,928 12/18/23
Oppenheimer Matthew B. Chief Executive Offi.. Chief Executive Officer Dec 06 Sell 19.44 20,832 404,974 4,740,517 12/08/23
Munipalli Hemanth Chief Financial Offi.. Chief Financial Officer Nov 28 Sell 21.6701 4,973 107,765 112,917 11/29/23
Hug Joshua Chief Operating Offi.. Chief Operating Officer Nov 25 Sell 21.9 17,667 386,907 4,053,631 11/28/23
Sinha Ankur Chief Technology Off.. Chief Technology Officer Nov 13 Sell 20.844 51,000 1,063,044 194,939 11/15/23
Oppenheimer Matthew B. Chief Executive Offi.. Chief Executive Officer Nov 13 Sell 21.32 20,848 444,479 4,761,349 11/15/23
MORRIS NIGEL W Director Director Nov 06 Buy 19.8133 50,000 990,665 1,800,213 11/07/23
MORRIS NIGEL W Director Director Nov 03 Buy 19.62 250,000 4,905,000 1,750,213 11/06/23
Sinha Ankur Chief Technology Off.. Chief Technology Officer Aug 29 Sell 25.3358 6,126 155,207 245,939 08/31/23
Munipalli Hemanth Chief Financial Offi.. Chief Financial Officer Aug 30 Sell 24.72 31,622 781,696 87,137 08/31/23
Hug Joshua Chief Operating Offi.. Chief Operating Officer Aug 25 Sell 24.67 22,267 549,327 4,053,631 08/29/23
Yoakum Rene EVP, Customer and Cu.. EVP, Customer and Culture Aug 15 Option 1.7 15,000 25,500 37,927 08/17/23
Yoakum Rene EVP, Customer and Cu.. EVP, Customer and Culture Aug 15 Sell 23.46 15,000 351,900 22,927 08/17/23
Hug Joshua Chief Operating Offi.. Chief Operating Officer Jul 24 Sell 20.1132 47,365 952,662 4,053,631 07/26/23
Yoakum Rene EVP, Customer and Cu.. EVP, Customer and Culture Jul 17 Sell 19.71 15,000 295,650 22,927 07/19/23
Yoakum Rene EVP, Customer and Cu.. EVP, Customer and Culture Jul 17 Option 1.7 15,000 25,500 37,927 07/19/23
Yoakum Rene EVP, Customer and Cu.. EVP, Customer and Culture Jun 13 Sell 19.96 15,000 299,400 22,927 06/15/23
Yoakum Rene EVP, Customer and Cu.. EVP, Customer and Culture Jun 13 Option 1.7 15,000 25,500 37,927 06/15/23
Hug Joshua Chief Operating Offi.. Chief Operating Officer Jun 13 Sell 20.0007 31,667 633,362 4,118,107 06/15/23
Hug Joshua Chief Operating Offi.. Chief Operating Officer Jun 06 Sell 20 3,857 77,140 4,149,774 06/08/23
Hug Joshua Chief Operating Offi.. Chief Operating Officer May 30 Sell 17.2778 18,434 318,499 4,153,631 06/01/23
MORRIS NIGEL W Director Director Apr 13 Option 0.17 150,000 25,500 1,714,540 04/17/23
Yoakum Rene EVP, Customer and Cu.. EVP, Customer and Culture Nov 25 Sell 9.94 5,427 53,944 286 11/29/22
Hug Joshua Chief Operating Offi.. Chief Operating Officer Nov 25 Sell 10.3 7,728 79,598 4,173,631 11/29/22
Hug Joshua Chief Operating Offi.. Chief Operating Officer Aug 25 Sell 11.25 15,209 171,101 4,173,631 08/26/22
Bryant William Kazuo Director Director Dec 13 Buy 18.22 5,300 96,566 12,800 12/14/21
Bryant William Kazuo Director Director Dec 09 Buy 19.78 7,500 148,350 7,500 12/10/21