PIXY - ShiftPixy Inc Stock Price, Fair Value and News

1.78USD-0.06 (-3.26%)Market Closed

Market Summary

USD1.78-0.06

Market Closed

-3.26%

PIXY Stock Price

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PIXY RSI Chart

PIXY Valuation

Market Cap

12.4M

Price/Earnings (Trailing)

-0.39

Price/Sales (Trailing)

0.84

EV/EBITDA

-0.21

Price/Free Cashflow

-1.96

PIXY Price/Sales (Trailing)

PIXY Profitability

Operating Margin

-6.62%

EBT Margin

-292.39%

Return on Equity

54.47%

Return on Assets

-718.03%

Free Cashflow Yield

-51.07%

PIXY Fundamentals

PIXY Revenue

Revenue (TTM)

14.9M

Rev. Growth (Yr)

-16.73%

Rev. Growth (Qtr)

1.03%

PIXY Earnings

Earnings (TTM)

-32.1M

Earnings Growth (Yr)

18.46%

Earnings Growth (Qtr)

15.21%

Breaking Down PIXY Revenue

52 Week Range

1.91

(Low)(High)

Last 7 days

4.6%

Last 30 days

-26.1%

Last 90 days

-56.7%

Trailing 12 Months

-42.3%

How does PIXY drawdown profile look like?

PIXY Financial Health

Current Ratio

0.04

PIXY Investor Care

Shares Dilution (1Y)

1512.41%

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	14.9M	0	0	0
2023	26.5M	20.8M	17.1M	15.6M
2022	37.9M	38.0M	36.0M	32.3M
2021	38.4M	33.4M	23.4M	29.9M
2020	88.7M	91.2M	65.2M	50.5M
2019	43.9M	59.8M	75.8M	82.4M
2018	23.6M	28.3M	12.1M	28.0M
2017	0	16.3M	20.2M	21.3M
2016	0	0	8.5M	12.4M

Get all data in R, Python etc through our Historical Stock Data APIs

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Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

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Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

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Tracking the Latest Insider Buys and Sells of ShiftPixy Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Oct 15, 2023	absher scott w	acquired	-	-	4,744,230	ceo
Oct 13, 2023	absher scott w	gifted	-	-	-2,126,620	ceo
Oct 12, 2023	absher scott w	acquired	-	-	1,721,620	ceo
Oct 11, 2023	absher scott w	acquired	-	-	550,000	ceo
Oct 10, 2023	absher scott w	gifted	-	-	-1,575,000	ceo
Oct 04, 2023	absher scott w	acquired	-	-	1,065,000	ceo
Sep 28, 2023	absher scott w	acquired	-	-	510,000	ceo
Sep 25, 2023	absher scott w	gifted	-	-	-8,608,120	ceo
Dec 30, 2022	weaver kenneth weir	sold	-2,868	18.75	-153	-
Sep 01, 2022	absher scott w	acquired	1,681,000,000	195	8,600,000	ceo

Which funds bought or sold PIXY recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-5.00	-	-%
May 01, 2024	CONCOURSE FINANCIAL GROUP SECURITIES, INC.	sold off	-	-	-	-%
May 01, 2024	BNP PARIBAS FINANCIAL MARKETS	new	-	2,640	2,640	-%
Feb 15, 2024	JANE STREET GROUP, LLC	sold off	-100	-9,020	-	-%
Feb 14, 2024	GROUP ONE TRADING, L.P.	sold off	-100	-143	-	-%
Feb 14, 2024	GROUP ONE TRADING, L.P.	new	-	55.00	55.00	-%
Feb 13, 2024	Qube Research & Technologies Ltd	sold off	-100	-115	-	-%
Feb 13, 2024	MORGAN STANLEY	new	-	16.00	16.00	-%
Feb 13, 2024	FMR LLC	new	-	5.00	5.00	-%
Feb 13, 2024	Qube Research & Technologies Ltd	new	-	175	175	-%

Are Funds Buying or Selling PIXY?

Are funds buying PIXY calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own PIXY

No. of Funds

Unveiling ShiftPixy Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Dec 04, 2023	compassion international inc	0%	0	SC 13G/A
Dec 01, 2023	world vision, inc.	4.08%	23,000	SC 13G/A
Oct 06, 2023	samaritan's purse, inc.	9.95%	1,211,625	SC 13G
Oct 05, 2023	compassion international inc	9.95%	1,211,625	SC 13G
Oct 05, 2023	world vision, inc.	9.91%	1,206,625	SC 13G
Feb 14, 2023	armistice capital, llc	4.99%	488,424	SC 13G/A
Feb 15, 2022	armistice capital, llc	9.99%	2,870,000	SC 13G
Apr 09, 2021	morgan stanley	0.0%	0	SC 13G/A
Jan 15, 2021	morgan stanley	5.2%	1,096,710	SC 13G
Jan 14, 2021	alpha capital anstalt	0.74%	154,946	SC 13G/A

Recent SEC filings of ShiftPixy Inc

View All Filings

Date Filed	Form Type	Document
Apr 24, 2024	8-K	Current Report
Apr 19, 2024	10-Q	Quarterly Report
Apr 15, 2024	NT 10-Q	NT 10-Q
Apr 02, 2024	8-K/A	Current Report
Apr 02, 2024	8-K	Current Report
Mar 29, 2024	8-K	Current Report
Mar 26, 2024	8-K	Current Report
Mar 21, 2024	8-K	Current Report
Mar 21, 2024	8-K	Current Report
Mar 21, 2024	424B4	Prospectus Filed

Peers (Alternatives to ShiftPixy Inc)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	100.3B	18.9B	-1.94%	14.02%	27.12	5.31	7.08%	13.46%
CTAS	70.6B	9.4B	2.72%	47.53%	46.99	7.51	9.34%	15.98%
CPRT	53.1B	4.1B	-2.49%	38.20%	39.17	13.09	10.52%	25.37%
EFX	29.6B	5.4B	-8.93%	17.64%	53.01	5.52	5.76%	-4.95%
BAH	20.0B	10.3B	7.55%	65.48%	48.92	1.94	13.90%	-5.05%
ALLE	11.0B	3.6B	-6.15%	16.01%	20.32	3.03	4.33%	10.69%
MID-CAP
RHI	7.4B	6.2B	-7.56%	3.86%	20.86	1.2	-13.83%	-42.32%
AL	5.5B	2.7B	0.50%	31.03%	9.5	2.04	15.08%	16.51%
SRCL	4.4B	2.6B	-9.03%	7.67%	-223.21	1.65	-3.11%	-123.81%
ABM	2.9B	8.2B	3.59%	5.93%	11.15	0.35	3.98%	33.49%
SMALL-CAP
AZZ	2.0B	2.7B	-2.23%	118.19%	19.29	0.72	104.63%	188.16%
ALTG	325.2M	1.9B	-25.15%	-30.52%	36.54	0.17	15.20%	-4.30%
ARC	118.7M	283.1M	4.17%	0.73%	13.57	0.42	-0.83%	-20.92%
AQMS	50.4M	1.1M	-25.00%	-56.73%	-2.1	49.78	336.95%	-55.13%
AWX	9.0M	81.0M	-2.19%	-15.85%	-8.22	0.11	-4.98%	-14.33%

ShiftPixy Inc News

Latest updates

ShiftPixy Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(*) denotes actual numbers (not divided by Thousands)
Income Statement (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	1.0%	3,813,000	3,774,000	3,296,000	3,988,000	4,579,000	5,266,000	6,981,500	9,643,000	10,437,000	8,940,000	9,023,000	9,475,000	2,419,000	2,503,000	19,050,000	14,400,000	14,500,000	17,200,000	45,140,000	11,900,000	8,200,000
Cost Of Revenue	8.0%	3,591,000	3,324,000	-	-	4,095,000	4,845,000	-	-	-	-	9,130,000	9,922,000	2,056,000	1,990,000	1,896,000	1,873,000	1,933,000	1,948,000	2,169,000	1,467,000	1,011,000
Gross Profit	-50.7%	222,000	450,000	-279,500	200,000	484,000	421,000	536,500	604,000	-61,000	695,000	-107,000	-447,000	363,000	513,000	510,500	141,000	74,000	221,000	-219,000	171,000	175,000
Operating Expenses	-41.9%	4,926,000	8,480,000	17,027,000	6,645,000	5,748,000	5,644,000	13,500,500	13,325,000	8,915,000	9,278,000	8,112,000	7,101,000	6,322,000	6,132,000	9,323,000	4,532,000	4,294,000	4,386,000	5,010,500	4,475,000	3,996,000
S&GA Expenses	-34.8%	3,017,000	4,629,000	4,314,000	3,074,000	2,010,000	1,171,000	7,946,500	2,967,000	2,354,000	2,340,000	3,742,000	1,309,000	1,380,000	1,759,000	1,563,000	1,054,000	403,000	1,160,000	1,282,500	1,541,000	988,000
EBITDA Margin	-5.8%	-2.90	-2.74	-2.50	-2.02	-1.61	-1.33	-1.19	-0.71	-0.71	-0.90	-1.15	-2.70	-2.34	-	-	-	-	-	-	-	-
Interest Expenses	-76.7%	5,100	21,900	-723,000	550,000	239,000	-	-1,500	1,000	1,000	1,000	-4,000	3,000	3,000	3,000	-	559,000	806,000	1,161,000	3,193,500	4,345,000	969,000
Income Taxes	-	-	-	-	-	-	-	-38,000	-	-	-	42,000	-	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	-	-	-	-	-	-	-	-10,860,750	-	-	-	-6,831,250	-	-	-	-22,617,000	-	-	-	-	-	-
EBT Margin	-5.2%	-2.92	-2.78	-2.54	-2.09	-1.64	-1.34	-1.21	-0.72	-0.72	-0.92	-1.17	-2.70	-2.36	-	-	-	-	-	-	-	-
Net Income	15.2%	-4,704,000	-5,548,000	-14,439,000	-7,455,000	-5,769,000	-5,423,000	-12,958,000	-12,827,000	-9,497,000	-8,713,000	-9,229,000	-7,528,000	-6,183,000	-6,936,000	-9,544,000	-73,016,000	9,607,000	-2,394,000	-8,699,500	-4,996,000	-2,140,000
Net Income Margin	-1.8%	-2.16	-2.12	-1.93	-2.11	-1.66	-1.36	-1.22	-1.06	-0.92	-1.06	-1.28	-0.90	-	-	-	-	-	-	-	-	-
Free Cashflow	-141.3%	-1,472,000	-610,000	-2,854,000	-1,113,000	-1,880,000	-3,742,000	-4,134,000	-3,086,000	-3,771,000	-7,023,000	-7,532,000	-5,021,000	-	-	-	-	-	-	-	-	-

Balance Sheet

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Balance Sheet																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	-37.6%	4,477	7,174	6,500	10,584	11,781	130,251	128,618	133,585	139,997	170,375	62,942	70,067	17,100	22,616	17,420	27,508	18,972	25,167	24,631	21,755	17,626
Current Assets	-52.2%	2,264	4,734	3,820	3,254	4,226	122,346	120,854	4,769	7,777	6,326	5,680	13,221	7,967	13,650	9,033	17,782	6,796	15,740	14,031	13,210	10,412
Cash Equivalents	-98.6%	21.00	1,493	75.00	144	818	864	618	70.00	3,349	1,718	1,199	8,951	3,479	9,080	4,303	10,835	397	49.00	1,561	2,935	1,799
Net PPE	-9.5%	1,330	1,469	1,622	2,665	2,769	3,020	2,769	2,898	2,992	3,010	2,784	2,192	1,522	1,085	575	2,382	2,923	3,136	4,155	-	-
Liabilities	3.0%	63,488	61,656	57,625	52,983	47,499	162,419	160,112	40,252	33,999	23,258	22,019	20,258	18,685	18,460	17,450	21,017	19,413	40,379	36,566	25,174	22,390
Current Liabilities	3.5%	61,167	59,098	54,835	44,911	39,539	154,376	152,075	27,898	22,679	18,306	16,608	15,242	12,313	12,008	11,826	14,386	12,381	33,407	32,188	22,173	20,380
Shareholder's Equity	-8.3%	-59,011	-54,482	-51,125	-	-35,718	-32,168	-31,494	-	-	30,392	40,923	49,809	-	4,156	-	6,027	-	-	-	-	-
Retained Earnings	-2.0%	-236,603	-231,899	-226,351	-211,372	-203,917	-198,148	-192,725	-179,767	-166,900	-158,051	-149,338	-140,109	-132,581	-126,398	-119,462	-111,239	-38,061	-47,506	-44,115	-35,605	-30,609
Additional Paid-In Capital	0.1%	177,592	177,417	175,226	168,967	168,193	156,485	151,737	146,877	146,716	140,968	142,786	142,444	130,994	130,552	119,431	117,730	37,620	32,619	32,505	32,184	25,843
Shares Outstanding	0.0%	5,398	5,398	507	-	404	403	21.00	16.00	13.00	15.00	14.00	15.00	14.00	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	9,494	9,494	9,494	9,494	47,472	47,472	47,472	-	-	-	-	-	-	-	-	-
Float	-	-	-	-	-	7,000	-	-	-	39,870	-	-	-	39,152	-	-	-	3,682	-	-	-	6,980

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-144.1%	-1,472	-603	-2,851	-1,069	-1,581	-3,742	-4,140	-3,047	-3,659	-6,674	-6,851	-4,231	-5,078	-5,352	-6,365	77.00	-9,100	-1,495	500	-1,609	1,576
Share Based Compensation	0%	175	175	219	235	245	255	215	321	339	408	325	444	423	421	630	150	619	127	422	-5.00	81.00
Cashflow From Investing	-100.0%	-	5.00	97.00	-144	117,675	-400	-198	-72.00	-119	-117,074	-722	-749	-523	-572	-1,314	-4.00	10,688	-17.00	-913	-84.00	-4.00
Cashflow From Financing	-100.0%	-	2,016	2,685	539	-116,140	4,388	4,886	-160	5,409	124,267	-179	10,452	-	10,701	1,147	10,365	-	-	-	2,829	-

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PIXY Income Statement

2024-02-29

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Feb. 29, 2024	Feb. 28, 2023	Feb. 29, 2024	Feb. 28, 2023
Condensed Consolidated Statements of Operations (Unaudited)
Revenues (See Note 2)	$ 3,813	$ 4,579	$ 7,587	$ 9,844
Cost of revenues	3,591	4,095	6,915	8,941
Gross profit	222	484	672	903
Operating expenses:
Salaries, taxes and benefits	1,303	2,599	2,664	4,856
Professional fees	465	870	1,279	2,065
Software development	1	119	1	179
Depreciation and amortization	140	150	281	299
General and administrative	3,017	2,010	9,181	3,991
Total operating expenses	4,926	5,748	13,406	11,390
Operating loss	(4,704)	(5,264)	(12,734)	(10,487)
Other (expense) income:
Gain from legal settlement	0	0	2,500	0
Other income (expense)	0	642	(18)	642
Total other income	0	642	2,482	642
Net loss attributable to ShiftPixy, Inc	(4,704)	(4,622)	(10,252)	(9,845)
Loss from discontinued operations, net of tax	0	(607)	0	(807)
Non-controlling interest	0	(540)	0	(540)
Net Loss	(4,704)	(5,769)	(10,252)	(11,192)
Preferred stock preferential dividend	0	0	(67,444)	(127,145)
Net loss attributable to Shiftpixy's shareholders	$ (4,704)	$ (5,769)	$ (77,696)	$ (138,337)
Continuing operations - basic and diluted	$ (0.87)	$ (12.77)	$ (18.78)	$ (342.91)
Discontinued operations - basic and diluted	0	(1.50)	0	(2.01)
Net loss per common share - basic and diluted	$ (0.87)	$ (14.27)	$ (18.78)	$ (344.92)
Weighted average common shares outstanding - basic and diluted	5,397,698	404,319	4,137,691	401,069

PIXY Balance Sheet

2024-02-29

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Feb. 29, 2024	Aug. 31, 2023
Current assets
Cash	$ 21	$ 75
Accounts receivable, net	644	590
Unbilled accounts receivable	656	1,784
Prepaid expenses	515	839
Other current assets	428	532
Total current assets	2,264	3,820
Fixed assets, net	1,330	1,622
Right-of-use asset, net	691	866
Deposits and other assets	192	192
Total assets	4,477	6,500
Current liabilities
Accounts payable and other accrued liabilities	24,520	17,911
Payroll tax related liabilities	34,443	29,595
Payroll related liabilities	2,204	2,940
Accrued workers' compensation costs discontinued operations	0	4,389
Total current liabilities	61,167	54,835
Non-current liabilities
Operating lease liability, non-current	2,321	2,790
Total liabilities	63,488	57,625
Stockholders' deficit
Convertible preferred stock series A, 50,000,000 authorized shares; $0.0001 par value: 0 shares and 358,333 shares issued and outstanding as of February 29, 2024, and August 31, 2023, respectively	0	0
Common stock, 750,000,000 authorized shares; $0.0001 par value; and 5,397,698 shares and 507,383 issued and outstanding as of February 29, 2024, and August 31, 2023, respectively	0	0
Additional paid-in capital	177,592	175,226
Accumulated deficit	(236,603)	(226,351)
Total stockholders' deficit	(59,011)	(51,125)
Total liabilities and stockholders' deficit	$ 4,477	$ 6,500

About ShiftPixy Inc

ShiftPixy, Inc., together with its subsidiaries, provides staffing solutions in the United States. It offers employment administrative services, such as payroll processing, human resources consulting, and workers' compensation administration and coverage. The company also operates human resources information systems platform to assist in customer acquisition for the onboarding of new clients into the company's closed proprietary operating and processing information system. It primarily serves restaurant and hospitality service industries. ShiftPixy, Inc. was incorporated in 2015 and is headquartered in Miami, Florida.

CEO	Mr. Scott W. Absher
WEBSITE	shiftpixy.com
INDUSTRY	Information Technology Services
EMPLOYEES	68

ShiftPixy Inc Frequently Asked Questions

What is the ticker symbol for ShiftPixy Inc? What does PIXY stand for in stocks?

PIXY is the stock ticker symbol of ShiftPixy Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of ShiftPixy Inc (PIXY)?

As of Thu May 09 2024, market cap of ShiftPixy Inc is 12.43 Million. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of PIXY stock?

You can check PIXY's fair value in chart for subscribers.

What is the fair value of PIXY stock?

You can check PIXY's fair value in chart for subscribers. The fair value of ShiftPixy Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of ShiftPixy Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for PIXY so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is ShiftPixy Inc a good stock to buy?

The fair value guage provides a quick view whether PIXY is over valued or under valued. Whether ShiftPixy Inc is cheap or expensive depends on the assumptions which impact ShiftPixy Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for PIXY.

What is ShiftPixy Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu May 09 2024, PIXY's PE ratio (Price to Earnings) is -0.39 and Price to Sales (PS) ratio is 0.84. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. PIXY PE ratio will change depending on the future growth rate expectations of investors.