Shiftpixy Stock Today

PIXY Stock  USD 1.94  0.14  6.73%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Over 86

 
High
 
Low
Very High
ShiftPixy is trading at 1.94 as of the 25th of April 2024; that is -6.73 percent decrease since the beginning of the trading day. The stock's open price was 2.08. ShiftPixy has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for ShiftPixy are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of March 2024 and ending today, the 25th of April 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
30th of June 2017
Category
Industrials
ShiftPixy, Inc., together with its subsidiaries, provides staffing solutions in the United States. The company was incorporated in 2015 and is headquartered in Miami, Florida. Shiftpixy operates under Staffing Employment Services classification in the United States and is traded on NASDAQ Exchange. The company has 6.76 M outstanding shares of which 117.62 K shares are at this time shorted by private and institutional investors with about 0.07 trading days to cover. More on ShiftPixy

Moving together with ShiftPixy Stock

  0.61FA First Advantage Corp Financial Report 8th of May 2024 PairCorr

Moving against ShiftPixy Stock

  0.79NL NL Industries Earnings Call This WeekPairCorr
  0.76VSEC VSE Corporation Financial Report 6th of May 2024 PairCorr
  0.75MG Mistras Group Earnings Call This WeekPairCorr
  0.72WLDN Willdan Group Earnings Call This WeekPairCorr
  0.65ABM ABM Industries rporated Financial Report 4th of June 2024 PairCorr
  0.64WM Waste Management Earnings Call TodayPairCorr
  0.52LZ LegalZoom Financial Report 14th of May 2024 PairCorr

ShiftPixy Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ShiftPixy's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ShiftPixy or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ChairmanScott Absher
Business ConcentrationHuman Resource & Employment Services, Commercial & Professional Services, Industrials, NASDAQ Composite, Industrials, Professional Services, Staffing & Employment Services, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering ShiftPixy report their recommendations after researching ShiftPixy's financial statements, talking to executives and customers, or listening in on ShiftPixy's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering ShiftPixy. The ShiftPixy consensus assessment is calculated by taking the average forecast from all of the analysts covering ShiftPixy.
Financial Strength
Based on the key measurements obtained from ShiftPixy's financial statements, ShiftPixy is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of ShiftPixy is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.083.03
Way Down
Slightly volatile
Gross Profit Margin0.0560.0589
Notably Down
Slightly volatile
Total Current Liabilities36.3 M63.1 M
Way Down
Slightly volatile
Non Current Liabilities Total3.6 M3.2 M
Significantly Up
Slightly volatile
Total Assets7.1 M7.5 M
Notably Down
Slightly volatile
Total Current Assets4.2 M4.4 M
Notably Down
Slightly volatile
ShiftPixy's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to ShiftPixy's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand ShiftPixy's financial leverage. It provides some insight into what part of ShiftPixy's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on ShiftPixy's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how ShiftPixy deploys its capital and how much of that capital is borrowed.
Liquidity
ShiftPixy cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 2.79 M in liabilities with Debt to Equity (D/E) ratio of 7.95, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. ShiftPixy has a current ratio of 0.17, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist ShiftPixy until it has trouble settling it off, either with new capital or with free cash flow. So, ShiftPixy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like ShiftPixy sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for ShiftPixy to invest in growth at high rates of return. When we think about ShiftPixy's use of debt, we should always consider it together with cash and equity.

Net Income

(31.49 Million)
ShiftPixy (PIXY) is traded on NASDAQ Exchange in USA. It is located in 4101 NW 25th Street, Miami, FL, United States, 33142 and employs 31 people. ShiftPixy is listed under Human Resource & Employment Services category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 13.71 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate ShiftPixy's market, we take the total number of its shares issued and multiply it by ShiftPixy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. ShiftPixy conducts business under Professional Services sector and is part of Industrials industry. The entity has 6.76 M outstanding shares of which 117.62 K shares are at this time shorted by private and institutional investors with about 0.07 trading days to cover. ShiftPixy currently holds about 70 K in cash with (9.24 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.18.
Check ShiftPixy Probability Of Bankruptcy
Ownership Allocation
ShiftPixy maintains a total of 6.76 Million outstanding shares. ShiftPixy has majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 72.15 % of ShiftPixy outstanding shares that are owned by insiders indicates they have been buying or selling the stock in recent months in anticipation of some upcoming event. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check ShiftPixy Ownership Details

ShiftPixy Stock Price Odds Analysis

Based on a normal probability distribution, the odds of ShiftPixy jumping above the current price in 90 days from now is more than 94.0%. The ShiftPixy probability density function shows the probability of ShiftPixy stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days ShiftPixy has a beta of -0.5133 indicating as returns on the benchmark increase, returns on holding ShiftPixy are expected to decrease at a much lower rate. During a bear market, however, ShiftPixy is likely to outperform the market. Additionally, shiftPixy has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 1.94HorizonTargetOdds Above 1.94
6.20%90 days
 1.94 
93.78%
Based on a normal probability distribution, the odds of ShiftPixy to move above the current price in 90 days from now is more than 94.0 (This ShiftPixy probability density function shows the probability of ShiftPixy Stock to fall within a particular range of prices over 90 days) .

ShiftPixy Stock Institutional Holders

Institutional Holdings refers to the ownership stake in ShiftPixy that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of ShiftPixy's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing ShiftPixy's value.
InstituionRecorded OnShares
Private Trust Co Na2023-09-30
0.0
Bank Of America Corp2023-09-30
0.0
Hrt Financial Llc2023-09-30
0.0
Ubs Group Ag2023-12-31
4.5 K
Tower Research Capital Llc2023-12-31
1.8 K
Blackrock Inc2023-12-31
286
Qube Research & Technologies2023-12-31
32.0
Advisor Group Holdings, Inc.2023-12-31
21.0
Group One Trading, Lp2023-12-31
10.0
Morgan Stanley - Brokerage Accounts2023-12-31
3.0
Wells Fargo & Co2023-12-31
2.0
View ShiftPixy Diagnostics

ShiftPixy Historical Income Statement

ShiftPixy Income Statement is one of the three primary financial statements used for reporting ShiftPixy's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of ShiftPixy revenue and expense. ShiftPixy Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, ShiftPixy's Selling General Administrative is fairly stable compared to the past year. Total Revenue is likely to rise to about 24.7 M in 2024, whereas Interest Expense is likely to drop 1,092 in 2024. View More Fundamentals

ShiftPixy Stock Against Markets

Picking the right benchmark for ShiftPixy stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ShiftPixy stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ShiftPixy is critical whether you are bullish or bearish towards ShiftPixy at a given time. Please also check how ShiftPixy's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in ShiftPixy without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run My Watchlist Analysis Now

   

My Watchlist Analysis

Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
All  Next Launch Module

ShiftPixy Corporate Directors

ShiftPixy corporate directors refer to members of a ShiftPixy board of directors. The board of directors generally takes responsibility for the ShiftPixy's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of ShiftPixy's board members must vote for the resolution. The ShiftPixy board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Whitney WhiteIndependent DirectorProfile
Sean HigginsIndependent DirectorProfile
Mark AbsherDirectorProfile
Amanda MurphyExecutive DirectorProfile

How to buy ShiftPixy Stock?

Before investing in ShiftPixy, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ShiftPixy. To buy ShiftPixy stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of ShiftPixy. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase ShiftPixy stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located ShiftPixy stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased ShiftPixy stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as ShiftPixy, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ShiftPixy Stock please use our How to Invest in ShiftPixy guide.

Already Invested in ShiftPixy?

The danger of trading ShiftPixy is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ShiftPixy is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ShiftPixy. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ShiftPixy is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ShiftPixy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ShiftPixy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Shiftpixy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Shiftpixy Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ShiftPixy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest.
For more information on how to buy ShiftPixy Stock please use our How to Invest in ShiftPixy guide.
You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.

Complementary Tools for ShiftPixy Stock analysis

When running ShiftPixy's price analysis, check to measure ShiftPixy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ShiftPixy is operating at the current time. Most of ShiftPixy's value examination focuses on studying past and present price action to predict the probability of ShiftPixy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ShiftPixy's price. Additionally, you may evaluate how the addition of ShiftPixy to your portfolios can decrease your overall portfolio volatility.
Watchlist Optimization
Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
Earnings Calls
Check upcoming earnings announcements updated hourly across public exchanges
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Equity Search
Search for actively traded equities including funds and ETFs from over 30 global markets
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Odds Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Sign In To Macroaxis
Sign in to explore Macroaxis' wealth optimization platform and fintech modules
Bollinger Bands
Use Bollinger Bands indicator to analyze target price for a given investing horizon
Is ShiftPixy's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ShiftPixy. If investors know ShiftPixy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about ShiftPixy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(303.76)
Revenue Per Share
6.18
Quarterly Revenue Growth
(0.17)
Return On Assets
(2.48)
Return On Equity
(9.21)
The market value of ShiftPixy is measured differently than its book value, which is the value of ShiftPixy that is recorded on the company's balance sheet. Investors also form their own opinion of ShiftPixy's value that differs from its market value or its book value, called intrinsic value, which is ShiftPixy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ShiftPixy's market value can be influenced by many factors that don't directly affect ShiftPixy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ShiftPixy's value and its price as these two are different measures arrived at by different means. Investors typically determine if ShiftPixy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ShiftPixy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.