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Remitly Global (RELY)

(Delayed Data from NSDQ)

$18.84 USD

18.84
813,300

+0.48 (2.61%)

Updated Apr 23, 2024 04:00 PM ET

After-Market: $18.84 0.00 (0.00%) 5:12 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 Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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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.

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D Value F Growth B Momentum F 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%.

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

Top 35% (87 out of 252)

Industry: Financial Transaction Services

Better trading starts here.

Zacks News

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.

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

Remitly Global, Inc. (RELY) delivered earnings and revenue surprises of 35.29% and 8.30%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Bread Financial Holdings (BFH) Q2 Earnings and Revenues Beat Estimates

Bread Financial (BFH) delivered earnings and revenue surprises of 452.17% and 234,961.70%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Evertec (EVTC) Surpasses Q2 Earnings and Revenue Estimates

Evertec (EVTC) delivered earnings and revenue surprises of 7.58% and 1.61%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?

Will Fidelity National (FIS) Divest Majority Stake in Worldpay?

Per a Financial Times report, a potential bid might put a valuation of more than $15 billion for the Worldpay unit of Fidelity National (FIS).

Visa (V) Joins SAP to Expand B2B Footprint in Asia-Pacific

Visa (V) partners with SAP to bridge working capital gaps in supply chains of businesses and enabling faster payments.

Mastercard (MA) Reveals Quarterly Dividends: What We Think

Mastercard (MA) has a lower-than-industry dividend yield, leaving high dividend growth prospects.

Visa (V) & Hyundai Card Unite to Provide Data-Driven Solutions

Visa (V) partners with Hyundai Card to pursue collaboration opportunities in gaining valuable insights from payment data.

Western Union (WU) to Boost Remittance Support in Philippines

Western Union (WU) and the Department of Migrant Workers of the Philippines are set to work together to improve workers' awareness of financial services.

Visa (V) Readies to Acquire Brazilian Payments Provider Pismo

Per reports, Visa (V) and Pismo can reach an acquisition deal this month.

Here's What Could Help Remitly Global, Inc. (RELY) Maintain Its Recent Price Strength

If you are looking for stocks that are well positioned to maintain their recent uptrend, Remitly Global, Inc. (RELY) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.

Mastercard (MA), Algoan Unite to Accelerate Use of Open Banking

Mastercard (MA) partners with Algoan to drive the adoption of Open Banking in Europe.

Fidelity (FIS) and Volt Unite to Adopt A2A Payment Method

Fidelity (FIS) partners with Volt, an open payments getaway, to integrate account-to-account payment infrastructure in Worldpay.

Fidelity (FIS) and Affirm Unite to Drive Merchant Revenues

Fidelity (FIS) partners with Affirm to integrate Adaptive Checkout in the former's Worldpay, thus enhancing its existing offerings.

Visa's (V) May Card-Not-Present & Cross-Border Volumes Grow

Visa's (V) processed transaction growth numbers have considerably declined from the start of the year.

Does Remitly Global, Inc. (RELY) Have the Potential to Rally 25.8% as Wall Street Analysts Expect?

The average of price targets set by Wall Street analysts indicates a potential upside of 25.8% in Remitly Global, Inc. (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.

What Makes Remitly Global, Inc. (RELY) a Good Fit for 'Trend Investing'

Remitly Global, Inc. (RELY) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.

Why Hold Strategy is Apt for Fidelity National (FIS) Stock Now

Fidelity National's (FIS) growing footprint in the crypto market and investments in technology are praiseworthy.

Visa (V) to Build Global Technology and Product Hub in Poland

Visa's (V) new Hub in Poland is likely to have 1,500 personnel from the tech and product space.

Mastercard (MA) and HealthLock Unite to Reduce Medical Fraud

Mastercard (MA) partners with HealthLock to combat medical bill frauds and overcharges, costing Americans $325 billion annually.

Remitly Global, Inc. (RELY) is a Great Momentum Stock: Should You Buy?

Does Remitly Global, Inc. (RELY) have what it takes to be a top stock pick for momentum investors? Let's find out.

Here's Why You Should Hold Global Payments (GPN) Stock for Now

Global Payments' (GPN) inorganic growth initiatives, financial flexibility and growing payments volume poise it well for growth.