PIXY Company Profile and Key Details

Q: Who are the executives of PIXY?

Ms. Amanda MurphyChief Operating Officer & Executive DirectorMr. Rodney DiekemaChief Sales Officer of Quick Service Restaurants MarketsMr. Scott W. AbsherCo-Founder, Chairman, Pres & Chief Executive OfficerMr. Manuel RiveraTreasurer & Acting Chief Financial OfficerMr. Doug MossChief Technology OfficerMr. Douglas J. Beck C.P.A., CPAChief Financial OfficerMr. Douglas J. Beck CPA, CPAChief Financial OfficerMr. Eduardo J. DominguezChief Sales Officer of StaffingMr. John BissellCo-Founder, Co-Chief Executive Officer & Director

NASDAQ : PIXY

ShiftPixy

$6.53

-1.09-14.31%

At Close 4:00 PM

Not Actively Trading

62.43

BESG ScoreESG Rating

Profile Key Stats Analyst Ratings Ownership Ratios Financials Dividend & splits Sentiment Forecast

Price Chart

Stock Price Today

ShiftPixy, Inc. (PIXY) stock declined over -14.30%, trading at $6.53 on NASDAQ, down from the previous close of $7.62. The stock opened at $7.59, fluctuating between $5.60 and $7.61 in the recent session.

Stock Snapshot

7.62

Prev. Close

3.27M

Market Cap

5.6001

Day Low

0.01088877772219443

P/E Ratio

599.7

EPS (TTM)

-1.12

Cash Flow per Share

7.59

Open

500.05K

Number of Shares

7.61

Day High

26.39%

Free Float in %

-10.93

Book Value

247.24K

Volume

Relevant Articles

SEC Fillings

Current Report (8-k)

Filing Date	Accepted Date

Annual Report (10-k)

Filing Date	Accepted Date

Stock Price History Chart

Date	Open	High	Low	Close
Nov 22, 2024	6.53	6.53	6.53	6.53
Nov 21, 2024	6.53	6.53	6.53	6.53
Nov 20, 2024	6.53	6.53	6.53	6.53
Nov 19, 2024	6.53	6.53	6.53	6.53
Nov 18, 2024	6.53	6.53	6.53	6.53
Nov 15, 2024	6.53	6.53	6.53	6.53
Nov 14, 2024	6.53	6.53	6.53	6.53
Nov 13, 2024	6.53	6.53	6.53	6.53
Nov 12, 2024	6.53	6.53	6.53	6.53
Nov 11, 2024	6.53	6.53	6.53	6.53
Nov 08, 2024	6.53	6.53	6.53	6.53
Nov 07, 2024	6.53	6.53	6.53	6.53
Nov 06, 2024	6.53	6.53	6.53	6.53
Nov 05, 2024	6.53	6.53	6.53	6.53
Nov 04, 2024	6.53	6.53	6.53	6.53
Nov 01, 2024	6.53	6.53	6.53	6.53
Oct 31, 2024	6.53	6.53	6.53	6.53
Oct 30, 2024	6.53	6.53	6.53	6.53
Oct 29, 2024	6.53	6.53	6.53	6.53
Oct 28, 2024	6.53	6.53	6.53	6.53

Contact Details

Miami, FL 33131

United States

https://shiftpixy.com 888 798 9100

About Company

ShiftPixy, Inc., together with its affiliates, delivers comprehensive workforce management solutions throughout the United States. The company provides crucial administrative services for employers, encompassing tasks like payroll processing, human resources consultation, and the oversight and provision of workers' compensation. Moreover, ShiftPixy operates a specialized Human Resources Information Systems (HRIS) platform. This technology is vital for attracting and seamlessly integrating new clients into the company's secure, proprietary operating and data processing framework. Its primary focus is serving businesses within the restaurant and wider hospitality industries. The firm was established in 2015 and is presently headquartered in Miami, Florida.

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Company Overview

ShiftPixy, Inc. (NASDAQ:PIXY) closed at $6.53 USD, losing -$1.09 (-14.30%) from the previous close of $7.62. The stock is currently mid-range between its 52-week high and low $5.43 and $119.85. With a market capitalization of about $3.27 million, ShiftPixy, Inc. is classified as a micro-cap and shows market-like volatility (beta ~1.24). Headquartered in Miami, FL, ShiftPixy, Inc. operates in the Industrials sector and the Staffing & Employment Services industry. Led by CEO Douglas J. Beck CPA, the company employs approximately 32 people and listed since June 30, 2017. ShiftPixy, Inc., together with its affiliates, delivers comprehensive workforce management solutions throughout the United States.

Technical Performance

PIXY has shown weak momentum, losing -20.07% over the past week and -98.23% over the past quarter, though year-to-date performance is down -99.47%. Short-term trend indicators are bullishly aligned (SMA20 -27.37%, SMA50 -51.13%, SMA200 -81.06%). The stock’s 14-day RSI is 35.46 (weak momentum), while the ATR of 2.14 points to higher daily volatility. The stock remains hovering near 52-week lows, trading -97.14% below its high and over 20.26% above its low.

Valuation Metrics

ShiftPixy, Inc. trades at a P/E ratio of -0.02, slightly below the S&P 500 average, with a price-to-sales ratio of 0.19 and a price-to-book ratio of -0.07 indicating negative book value, which may reflect financial stress. The P/FCF stands at -0.34, also above market averages.

Dividend & Fair Value

ShiftPixy, Inc. last paid a dividend of 0 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $18.01. This means the shares are trading below this model’s fair value.

Earnings & Analyst Outlook

ShiftPixy, Inc. generated EPS of -$843.25 over the past year. Five-year average earnings growth is 33.72%. ShiftPixy, Inc. earnings surprise history is a mixed track record. The quarter that ended July 02, 2024, missed forecasts by -12.66%. The prior quarter beat by -13.86%. Over the last six quarters, Apple has recorded several small beats. These include -15.87% in April 14, 2023.

Shareholding & Insider Activity

ShiftPixy, Inc. has 500.05 thousand shares outstanding. The public float is 131.98 thousand shares, elevated short interest at 29.95% of float. This equals 54.92 thousand shares. The short ratio is 0.86 days. Institutional investors hold 0.31% of the float. Insiders own 14.02%.

Financial & Profitability Overview

Over the trailing twelve months, ShiftPixy generated $17.13M in revenue, or $764.11 per share. Gross margin was 5.13%, operating margin -198.24%, and net profit margin -196.31%. Returns are negative, with ROA at -517.32% and ROE at 65.77%.
On valuation metrics, ShiftPixy trades at a P/E of -0.02, P/S of 0.19 and P/B of -0.07. Liquidity is tight, with a current ratio of 0.07 and quick ratio of 0.07. Operationally, the company’s inventory turnover is 0.00 and cash conversion cycle is -95.40 days , indicating it collects cash faster than it pays suppliers. Debt-to-equity is -0.05, supported by a cash flow-to-debt ratio of -3.31.

Quarterly Financial Highlights

For the quarter ended Aug 31, 2023, ShiftPixy posted revenue of $17.13M, down slightly from $36.00M in the prior quarter. Gross profit was $878.00K (margin 5.13%). Operating income was - $33.96M (margin -198.2%). Net income was- $33.63M (EPS - $1.50K).
The company ended the quarter with $75.00K in cash and short-term investments, a total debt of $2.79M, and net debt of $2.72M. Total assets were $6.50M, with equity of - $51.13M. Financials further reflected weakness, with operating cash flow of - $9.24M, free cash flow of - $9.59M, and capital expenditures of - $346.00K.

Price Forecast & Outlook

Our AI price prediction model suggests that ShiftPixy, Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -100.0%, with price expected at $0.00 by December 06, 2024, within a range of $0.00 to $0.00 3-Month Outlook: Projected fall of -67.99%, reaching $2.09 by January 30, 2025, with a range of $0.00 to $326.37. 1-Year Outlook: Projected loss of -99.54%, with price at $0.03 by November 04, 2025, within a range of $0.00 to $37.36 thousand.

Key Takeaways

ShiftPixy, Inc. (NASDAQ:PIXY) shares are down -99.47% year-to-date currently trading near 52-week highs band. Short-term momentum has been negative over the last quarter, despite recent volatility. Valuation shows ShiftPixy, Inc. trading at a premium to the broader market with a P/E of -0.02. Analyst sentiment is bullish, with the majority of ratings in Buy territory and a mean price target of $6.00, suggesting -8.12% downside. Our AI forecast model points to short-term weakness (-100.0% over two weeks), a medium-term fall (-67.99% over three months), and a longer-term loss (-99.54% over one year), with expected trading ranges indicating moderate volatility.

Frequently Asked Questions

What is the current ShiftPixy, Inc. (PIXY) stock price?

ShiftPixy, Inc. (NASDAQ: PIXY) stock price is $6.53 in the last trading session. During the trading session, PIXY stock reached the peak price of $7.61 while $5.60 was the lowest point it dropped to. The percentage change in PIXY stock occurred in the recent session was -14.3% while the dollar amount for the price change in PIXY stock was - $1.09.

PIXY's industry and sector of operation?

The NASDAQ listed PIXY is part of Staffing & Employment Services industry that operates in the broader Industrials sector. ShiftPixy, Inc. designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide.

Who are the executives of PIXY?

Ms. Amanda Murphy
Chief Operating Officer & Executive Director
Mr. Rodney Diekema
Chief Sales Officer of Quick Service Restaurants Markets
Mr. Scott W. Absher
Co-Founder, Chairman, Pres & Chief Executive Officer
Mr. Manuel Rivera
Treasurer & Acting Chief Financial Officer
Mr. Doug Moss
Chief Technology Officer
Mr. Douglas J. Beck C.P.A., CPA
Chief Financial Officer
Mr. Douglas J. Beck CPA, CPA
Chief Financial Officer
Mr. Eduardo J. Dominguez
Chief Sales Officer of Staffing
Mr. John Bissell
Co-Founder, Co-Chief Executive Officer & Director

How PIXY did perform over past 52-week?

PIXY's closing price is 20.26% higher than its 52-week low of $5.43 where as its distance from 52-week high of $119.85 is -94.55%.

How many employees does PIXY have?

Number of PIXY employees currently stands at 32.

Link for PIXY official website?

Official Website of PIXY is: https://shiftpixy.com

How do I contact PIXY?

PIXY could be contacted at phone 888 798 9100 and can also be accessed through its website. PIXY operates from 501 Brickell Key Drive, Miami, FL 33131, United States.

How many shares of PIXY are traded daily?

PIXY stock volume for the day was 247.24K shares. The average number of PIXY shares traded daily for last 3 months was 0.

What is the market cap of PIXY currently?

The market value of PIXY currently stands at $3.27M with its latest stock price at $6.53 and 500.05K of its shares outstanding.

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Employees	32
Beta	1.24
Sales or Revenue	$17.13M
5Y Sales Change%	-1%
Fiscal Year Ends	August
Sector	Industrials
Industry	Staffing & Employment Services

PIXY Company Profile and Key Details

ShiftPixy

Price Chart

Stock Price Today

Stock Snapshot

Relevant Articles

SEC Fillings

Current Report (8-k)

Annual Report (10-k)

Stock Price History Chart

Contact Details

About Company

Company Information

Stock Peers

Company Overview

Technical Performance

Valuation Metrics

Dividend & Fair Value

Earnings & Analyst Outlook

Shareholding & Insider Activity

Financial & Profitability Overview

Quarterly Financial Highlights

Price Forecast & Outlook

Key Takeaways

Frequently Asked Questions

Technical Performance

Earnings & Analyst Outlook

Financial & Profitability Overview

Quarterly Financial Highlights

Shareholding & Insider Activity

Dividend & Fair Value

Company Overview

Valuation Metrics

Key Takeaways

Price Forecast & Outlook