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Remitly Global (RELY)

(Delayed Data from NSDQ)

$19.50 USD

19.50
1,971,515

+0.03 (0.15%)

Updated Nov 8, 2024 04:00 PM ET

After-Market: $19.50 0.00 (0.00%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

Zacks Style Scores Education - Learn more about the Zacks Style Scores

C Value A Growth B Momentum A VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 36% (91 out of 250)

Industry: Financial Transaction Services

Zacks News

Remitly Global, Inc. (RELY) Q3 Earnings and Revenues Surpass Estimates

Remitly Global (RELY) delivered earnings and revenue surprises of 116.67% and 5.40%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

Will a Weak CMT Unit Impact Western Union's Q3 Earnings?

Reduced transactions in multiple regions in the CMT segment are expected to have affected WU's results.

Visa's Regulatory Hurdle Creates a Better Entry Point for Investors

V's long-term outlook remains strong, thanks to its market leadership and extensive global network, which are difficult for competitors to replicate.

Global Payments Stock Drops 6.5% as 2025 Outlook Spooks Investors

GPN is aiming at more than $2 billion worth of share buybacks per annum.

Mastercard Enhances Consumer Fraud Risk Solution With AI

MA strengthens its fraud prevention tools with AI enhancements, helping banks detect scams in real-time and driving revenue growth through innovative security solutions.

Is Visa Stock Still a Safe Bet for Investors Amid Likely DOJ Lawsuit?

DOJ's investigation into V began after its failed Plaid acquisition attempt in 2021.

Mastercard and Safaricom Partner to Enhance Digital Payments in Kenya

MA and Safaricom are set to expand payment options and cross-border remittances for merchants in Kenya.

Affirm Unlocks BNPL Services for Apple Pay Users, Investors Rejoice

Affirm's services are likely to be initially available to users with devices running iOS 18 and iPadOS 18 or later.

Should Mastercard's $2.65B Recorded Future Buyout Get You Excited?

MA expects cybercrime to cost $9.2 trillion globally this year alone.

Visa and 1Link Team Up to Expand Digital Payments in Pakistan

The scope for V in Pakistan is substantial, given the country's large unbanked population and growing need for digital payment solutions.

Bread Financial Rallies 72.2% YTD: Can the Stock Retain the Bull Run?

BFH stock rallies on the back of higher retained earnings, active risk management, solid consumer spending and capital deployment.

Here's Why You Should Retain Western Union Stock for Now

WU's strong transaction volumes and continued success in its Consumer Services segment poise it well for growth.

Affirm Stock Soars 31.9%: A Signal for Investors to Hold Tight?

AFRM is focused on boosting transactions to achieve its profitability goals.

Visa to Enhance Digital Payments With New Advisory Service

Continuous addition of such new value-added services helps V to stay in the leading position in the payments landscape.

Affirm (AFRM) Partners With Hotels.com to Expand Payment Options

The partnership adds Hotels.com to Affirm's (AFRM) network of 292,000 retail partners.

Wall Street Analysts See a 54.39% Upside in Remitly Global (RELY): Can the Stock Really Move This High?

The average of price targets set by Wall Street analysts indicates a potential upside of 54.4% in Remitly Global (RELY). While the effectiveness of this highly sought-after metric is questionable, the positive trend in earnings estimate revisions might translate into an upside in the stock.

Fidelity National (FIS) Beats Q2 Earnings, Hikes '24 Guidance

Fidelity National (FIS) adds $3 billion in its share repurchase fund on Aug 1 and reiterates its buyback goal.

Wall Street Analysts Think Remitly Global (RELY) Could Surge 74.37%: Read This Before Placing a Bet

The consensus price target hints at a 74.4% upside potential for Remitly Global (RELY). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.

Remitly Global, Inc. (RELY) Reports Q2 Loss, Tops Revenue Estimates

Remitly Global (RELY) delivered earnings and revenue surprises of 40% and 1.56%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

FirstCash Holdings (FCFS) Beats Q2 Earnings and Revenue Estimates

FirstCash (FCFS) delivered earnings and revenue surprises of 0.74% and 1.76%, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock?

Remitly Global, Inc. (RELY) Reports Q1 Loss, Tops Revenue Estimates

Remitly Global (RELY) delivered earnings and revenue surprises of 21.43% and 1.08%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?

Wall Street Analysts Believe Remitly Global, Inc. (RELY) Could Rally 28.24%: Here's is How to Trade

The mean of analysts' price targets for Remitly Global, Inc. (RELY) points to a 28.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.

Is First Trust Small Cap Growth AlphaDEX ETF (FYC) a Strong ETF Right Now?

Smart Beta ETF report for FYC

MoneyLion Inc. (ML) Soars 17.0%: Is Further Upside Left in the Stock?

MoneyLion Inc. (ML) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.