Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
BM Technologies (BMTX)
NYSE MKT:BMTX
Holding BMTX?
Track your performance easily
BMTX Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.45 - $4.86
Previous Close$4.75
Volume104.73K
Average Volume (3M)141.59K
Market Cap
$57.42M
Enterprise Value$44.96M
Total Cash (Recent Filing)$12.46M
Total Debt (Recent Filing)$0.00
Price to Earnings (P/E)―
Beta0.28
Next Earnings
Nov 12, 2024EPS Estimate
-$0.2Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.03
Shares Outstanding12,099,665
10 Day Avg. Volume282,848
30 Day Avg. Volume141,591
Standard Deviation0.26
R-Squared0.00140
Alpha0.00069
Financial Highlights & Ratios
Price to Book (P/B)2.20
Price to Sales (P/S)1.00
Price to Cash Flow (P/CF)-21.00
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.78
Enterprise Value/Gross Profit1.69
Enterprise Value/Ebitda-11.90
Forecast
1Y Price Target
$4.00Price Target Upside-15.79% Downside
Rating ConsensusHold
Number of Analyst Covering2
BM Technologies News
Bulls Say, Bears Say
Bulls Say
AcquisitionThe acquisition price represented a 55% premium to the closing price of BMTX's shares.
Financial PositionBMTX has $12.5M in cash, no debt, and should have positive operating cash flow by year-end 2024, and therefore should not have to raise capital in the foreseeable future.
Strategic PartnershipFirst Carolina Bank, as a partner bank, has more knowledge of and probably possesses the most synergies with BMTX.
Bears Say
Business OperationsBMTX reported a 2Q24 miss, mainly due to weak results from its Banking as a Service (BaaS) business, which it expects to wind-down in 2025 and thereby add at least $1M/qtr to adjusted EBITDA.
Market PerformanceWith BMTX shares now trading near the $5.00 acquisition price, there is limited upside.
Stock RatingBM Technologies, Inc. is set to be acquired for $5.00 per share in cash, leading to a lowering of its rating to Hold.
---
Ownership Overview
8.79% Insiders
9.09% Mutual Funds
0.46% Other Institutional Investors
78.05% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
BMTX FAQ
What was BM Technologies’s price range in the past 12 months?
BM Technologies lowest stock price was $1.45 and its highest was $4.86 in the past 12 months.
What is BM Technologies’s market cap?
Currently, no data Available
When is BM Technologies’s upcoming earnings report date?
BM Technologies’s upcoming earnings report date is Nov 12, 2024 which is in 2 days.
How were BM Technologies’s earnings last quarter?
BM Technologies released its earnings results on Aug 14, 2024. The company reported -$0.41 earnings per share for the quarter, missing the consensus estimate of -$0.17 by -$0.24.
Is BM Technologies overvalued?
According to Wall Street analysts BM Technologies’s price is currently Overvalued.
Does BM Technologies pay dividends?
BM Technologies does not currently pay dividends.
What is BM Technologies’s EPS estimate?
BM Technologies’s EPS estimate is -$0.2.
How many shares outstanding does BM Technologies have?
BM Technologies has 12,088,487 shares outstanding.
What happened to BM Technologies’s price movement after its last earnings report?
BM Technologies reported an EPS of -$0.41 in its last earnings report, missing expectations of -$0.17. Following the earnings report the stock price went up 5.323%.
Which hedge fund is a major shareholder of BM Technologies?
Among the largest hedge funds holding BM Technologies’s share is Hotchkis & Wiley Capital Management LLC. It holds BM Technologies’s shares valued at N/A.
---
BM Technologies Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$4.00 (-15.79% Downside)
$4.00 (-15.79% Downside)
Blogger Sentiment
Bullish
BMTX Sentiment 100%
Sector Average 68%
Sector Average 68%
Hedge Fund Trend
Decreased
By 139.4K Shares
Last Quarter.
Last Quarter.
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
90.00%
12-Months-Change
Fundamentals
Return on Equity
-37.40%
Trailing 12-Months
Asset Growth
-18.88%
Trailing 12-Months
Company Description
BM Technologies
Megalith Financial Acquisition Corp. is a blank check company, which engages in effecting a merger, capital stock exchange, asset acquisition, stock purchase, and reorganization with one or more businesses. It also intends to focus its search on the financial technology and financial services sectors. The company was founded on November 13, 2017 and is headquartered in New York, NY.
---
BMTX Earnings Call
Q2 2024
0:00 / 0:00
---
BMTX Stock 12 Month Forecast
Average Price Target
$4.00
▼(-15.79% Downside)
Technical Analysis
---