Loading...

We've got a brand new version of Simply Wall St! Try it out

ShiftPixy

Nasdaq:PIXY
Snowflake Description

Limited growth with worrying balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
PIXY
Nasdaq
$10M
Market Cap
  1. Home
  2. US
  3. Commercial Services
Company description

ShiftPixy, Inc. provides employment services for businesses; and workers in shift or other part-time/temporary positions in the United States. The last earnings update was 115 days ago. More info.


Add to Portfolio Compare Print
  • ShiftPixy has significant price volatility in the past 3 months.
PIXY Share Price and Events
7 Day Returns
-24.8%
NasdaqCM:PIXY
-0.2%
US Professional Services
0.5%
US Market
1 Year Returns
-92.3%
NasdaqCM:PIXY
18.3%
US Professional Services
12.8%
US Market
PIXY Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
ShiftPixy (PIXY) -24.8% -36.2% -43% -92.3% - -
US Professional Services -0.2% -2.8% -0.8% 18.3% 47.6% 64.2%
US Market 0.5% 4.3% 8% 12.8% 38.7% 44.5%
1 Year Return vs Industry and Market
  • PIXY underperformed the Professional Services industry which returned 18.3% over the past year.
  • PIXY underperformed the Market in United States of America which returned 12.8% over the past year.
Price Volatility
PIXY
Industry
5yr Volatility vs Market

Value

 Is ShiftPixy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether ShiftPixy is trading at an attractive price based on the cash flow it is expected to produce in the future. But as ShiftPixy has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for ShiftPixy. This is due to cash flow or dividend data being unavailable. The share price is $0.268.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for ShiftPixy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are ShiftPixy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:PIXY PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-05-31) in USD $-0.58
NasdaqCM:PIXY Share Price ** NasdaqCM (2019-11-13) in USD $0.27
United States of America Professional Services Industry PE Ratio Median Figure of 38 Publicly-Listed Professional Services Companies 18.82x
United States of America Market PE Ratio Median Figure of 2,922 Publicly-Listed Companies 18.24x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of ShiftPixy.

NasdaqCM:PIXY PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:PIXY Share Price ÷ EPS (both in USD)

= 0.27 ÷ -0.58

-0.46x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ShiftPixy is loss making, we can't compare its value to the US Professional Services industry average.
  • ShiftPixy is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does ShiftPixy's expected growth come at a high price?
Raw Data
NasdaqCM:PIXY PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.46x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
78.8%per year
United States of America Professional Services Industry PEG Ratio Median Figure of 31 Publicly-Listed Professional Services Companies 1.4x
United States of America Market PEG Ratio Median Figure of 2,023 Publicly-Listed Companies 1.46x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for ShiftPixy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on ShiftPixy's assets?
Raw Data
NasdaqCM:PIXY PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-05-31) in USD $-0.09
NasdaqCM:PIXY Share Price * NasdaqCM (2019-11-13) in USD $0.27
United States of America Professional Services Industry PB Ratio Median Figure of 62 Publicly-Listed Professional Services Companies 2.27x
United States of America Market PB Ratio Median Figure of 5,070 Publicly-Listed Companies 1.73x
NasdaqCM:PIXY PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:PIXY Share Price ÷ Book Value per Share (both in USD)

= 0.27 ÷ -0.09

-2.83x

* Primary Listing of ShiftPixy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • ShiftPixy has negative assets, we can't compare the value of its assets to the US Professional Services industry average.

Next steps:

  1. Take a look at our analysis of PIXY’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through ShiftPixy's regulatory filings and announcements.
  3. Show me more potentially undervalued companies in the Professional Services industry
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess ShiftPixy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Professional Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Professional Services industry average (and greater than 0)? (1 check)
  5. ShiftPixy has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is ShiftPixy expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
78.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is ShiftPixy expected to grow at an attractive rate?
  • Unable to compare ShiftPixy's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare ShiftPixy's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • ShiftPixy's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:PIXY Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:PIXY Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 78.8%
NasdaqCM:PIXY Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 41.4%
United States of America Professional Services Industry Earnings Growth Rate Market Cap Weighted Average 29.7%
United States of America Professional Services Industry Revenue Growth Rate Market Cap Weighted Average 6.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:PIXY Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:PIXY Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-08-31 80 -5 1
2019-11-14
2019-08-31 53 -14 1
NasdaqCM:PIXY Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-05-31 49 -7 -18
2019-02-28 44 -5 -15
2018-11-30 39 -8 -15
2018-08-31 35 -10 -17
2018-05-31 28 -10 -12
2018-02-28 24 -11 -13
2017-11-30 21 -10 -11
2017-08-31 20 -8 -7
2017-05-31 22 -3 -5
2017-02-28 19 -1 -2
2016-11-30 13 -1 -1
2016-08-31 8 -1 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • ShiftPixy is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • ShiftPixy's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:PIXY Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from ShiftPixy Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PIXY Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-08-31 -0.14 -0.14 -0.14 1.00
2019-11-14
2019-08-31 -0.42 -0.42 -0.42 1.00
NasdaqCM:PIXY Past Financials Data
Date (Data in USD Millions) EPS *
2019-05-31 -0.58
2019-02-28 -0.51
2018-11-30 -0.52
2018-08-31 -0.58
2018-05-31 -0.41
2018-02-28 -0.46
2017-11-30 -0.42
2017-08-31 -0.28
2017-05-31 -0.20
2017-02-28 -0.08
2016-11-30 -0.07
2016-08-31 -0.07

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if ShiftPixy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess ShiftPixy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
ShiftPixy has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has ShiftPixy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare ShiftPixy's growth in the last year to its industry (Professional Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • ShiftPixy does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare ShiftPixy's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare ShiftPixy's 1-year growth to the US Professional Services industry average as it is not currently profitable.
Earnings and Revenue History
ShiftPixy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from ShiftPixy Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:PIXY Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-05-31 49.20 -18.08 18.27 2.47
2019-02-28 44.27 -14.90 15.86 2.47
2018-11-30 38.97 -15.24 14.48 2.24
2018-08-31 34.96 -16.58 12.97 3.83
2018-05-31 28.30 -11.83 10.90 4.41
2018-02-28 23.55 -12.97 10.52 5.07
2017-11-30 21.07 -11.21 9.53 4.58
2017-08-31 20.24 -7.49 8.44 2.68
2017-05-31 21.60 -5.24 8.30 0.98
2017-02-28 19.17 -2.24 6.30 0.32
2016-11-30 13.00 -1.38 4.43 0.32
2016-08-31 8.46 -1.85 3.05 0.32
2015-08-31 0.27 -0.17 0.19

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if ShiftPixy has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if ShiftPixy has efficiently used its assets last year compared to the US Professional Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if ShiftPixy improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess ShiftPixy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Professional Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
ShiftPixy has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is ShiftPixy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up ShiftPixy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • ShiftPixy's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • ShiftPixy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of ShiftPixy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • ShiftPixy has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from ShiftPixy Company Filings, last reported 5 months ago.

NasdaqCM:PIXY Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-05-31 -3.42 1.41 2.93
2019-02-28 -4.76 4.36 1.80
2018-11-30 -8.25 6.31 0.23
2018-08-31 -8.74 7.16 1.65
2018-05-31 -1.92 0.00 1.19
2018-02-28 -0.25 0.00 0.90
2017-11-30 2.44 0.00 2.82
2017-08-31 5.62 0.00 5.90
2017-05-31 -0.64 0.00 0.51
2017-02-28
2016-11-30 0.12 0.00 0.87
2016-08-31 0.12 0.00 0.87
2015-08-31 0.11 0.00 0.10
  • ShiftPixy has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if ShiftPixy's debt level has increased considering it has negative shareholder equity.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • ShiftPixy has less than a year of cash runway based on current free cash flow.
  • ShiftPixy has less than a year of cash runway if free cash flow continues to grow at historical rates of 53.1% each year.
X
Financial health checks
We assess ShiftPixy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. ShiftPixy has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is ShiftPixy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from ShiftPixy dividends.
If you bought $2,000 of ShiftPixy shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate ShiftPixy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate ShiftPixy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:PIXY Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
United States of America Professional Services Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 1.1%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1948 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:PIXY Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-08-31
2019-11-14
2019-08-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as ShiftPixy has not reported any payouts.
  • Unable to verify if ShiftPixy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of ShiftPixy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as ShiftPixy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess ShiftPixy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can ShiftPixy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. ShiftPixy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of ShiftPixy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Scott Absher
COMPENSATION $750,000
AGE 58
TENURE AS CEO 4.4 years
CEO Bio

Mr. Scott W. Absher is Chief Executive Officer, President and Chairman of Board at ShiftPixy, Inc. since June 2015. He is Co-Founder of ShiftPixy, Inc. Mr. Absher had been Chief Operating Officer and Secretary at ShiftPixy, Inc. Mr. Absher served as the Chief Executive Officer of EntreMetrix. As a founder and member of the board, Mr. Absher contributes significant industry-specific experience, providing guidance and direction with regard to all aspects of business, service offering, markets, corporate strategy, responding to emerging industry trends, and business operations. He has held several high-level business development, sales and marketing and management positions with various companies, building and launching a number of successful product lines and businesses focused on B2B products and services. Mr. Absher served as Chief Executive Officer of NeoTactix Corp. (alternate name Entremetrix Corp.) since February 2004 and serves as its President. He was the co-founder and served as Managing Partner of NeoTactix since December 2000. He served as Chief Executive Officer of CNS Response, Inc. from August 26, 2004 to July 18, 2006. Mr. Absher has been a significant player is the staffing and employment services sector since 1994. He built and trained many national sales organizations and independent agent forces to deliver predictable growth in the business service industry. Mr. Absher served as Chief Executive Officer of Strativation, Inc. from August 26, 2004 to July 18, 2006, where he was responsible for the oversight, and management of its day to day business affairs. He served as the President of Management Resources from 1993 to 1997, he assembled a national marketing force representing many of the top industry participants. Mr. Absher has been a significant BPO industry insider since 1994. He has opened and managed regional operations for two national industry participants and been active in merger and acquisition activities as well as a consultant to leadership within the industry. Mr. Absher has also advised venture and investment banking firms in technology and business service-related ventures in matters of capital formation, liquidity, and growth strategy. He served as Consultant of Aberdeen Mining Company (Formerly Motivnation Inc.). Mr. Absher has been a Director of NeoTactix Corp. since February 2004. He served as a Director of Strativation, Inc. from August 26, 2004 to July 18, 2006. He served as a Director of CNS Response, Inc. from August 26, 2004 to July 18, 2006. Mr. Absher is a graduate of The Moody Bible Institute in Chicago, Illinois.

CEO Compensation
  • Scott's compensation has increased whilst company is loss making.
  • Scott's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure of the ShiftPixy management team in years:

0.7
Average Tenure
  • The average tenure for the ShiftPixy management team is less than 2 years, this suggests a new team.
Management Team

Scott Absher

TITLE
Co-Founder
COMPENSATION
$750K
AGE
58
TENURE
4.4 yrs

Steve Holmes

TITLE
Co-Founder

DJ Carney

TITLE
Chief Financial Officer
AGE
53
TENURE
0.3 yrs

Amanda Murphy

TITLE
Director of Operations

Doug Moss

TITLE
Chief Technology Officer
TENURE
0.6 yrs

Kirk Flagg

TITLE
Chief Compliance Officer & Secretary
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the ShiftPixy board of directors in years:

2.2
Average Tenure
56.5
Average Age
  • The average tenure for the ShiftPixy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Scott Absher

TITLE
Co-Founder
COMPENSATION
$750K
AGE
58

Ken Weaver

TITLE
Independent Director
COMPENSATION
$168K
AGE
64
TENURE
2.9 yrs

Whitney White

TITLE
Independent Director
COMPENSATION
$160K
AGE
41
TENURE
2.2 yrs

Sean Higgins

TITLE
Independent Director
COMPENSATION
$154K
AGE
55
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
19. Jul 19 Sell J. Holmes Individual 17. Jul 19 17. Jul 19 -558,132 $0.58 $-323,717
X
Management checks
We assess ShiftPixy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. ShiftPixy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Easy Come, Easy Go: How ShiftPixy (NASDAQ:PIXY) Shareholders Got Unlucky And Saw 82% Of Their Cash Evaporate

See our latest analysis for ShiftPixy ShiftPixy isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … We'd recommend taking a very close look at the stock (and any available forecasts), before considering a purchase, because the share price is not correlated with the revenue growth, that's for sure. … A Different Perspective While ShiftPixy shareholders are down 82% for the year, the market itself is up 4.6%.

Simply Wall St -

Could ShiftPixy, Inc.'s (NASDAQ:PIXY) Investor Composition Influence The Stock Price?

Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … I quite like to see at least a little bit of insider ownership. … With a market capitalization of US$51m, ShiftPixy is a small cap stock, so it might not be well known by many institutional investors.

Simply Wall St -

ShiftPixy Inc's (NASDAQ:PIXY) Profit Outlook

With the latest financial year loss of -US$7.49m and a trailing-twelve month of -US$12.97m, the US$84.96m market-cap amplifies its loss by moving further away from its breakeven target. … As path to profitability is the topic on PIXY’s investors mind, I’ve decided to gauge market sentiment

Simply Wall St -

Interested In Service Sector? Take A Look At ShiftPixy Inc (NASDAQ:PIXY)

Professional services analysts are forecasting for the entire industry, a positive double-digit growth of 10.84% in the upcoming year , and an enormous growth of 32.23% over the next couple of years. … The professional services sector's PE is currently hovering around 22.79x, in-line with the US stock market PE of 18.32x. … If ShiftPixy has been on your watchlist for a while, now may be the time to enter into the stock, if you like its growth prospects and are not highly concentrated in the professional services industry.

Simply Wall St -

Loss-Making ShiftPixy Inc (NASDAQ:PIXY) Expected To Breakeven

Many investors are wondering the rate at which PIXY will turn a profit, with the big question being “when will the company breakeven?” In this article, I will touch on the expectations for PIXY’s growth and when analysts expect the company to become profitable. … NasdaqCM:PIXY Past Future Earnings Mar 9th 18 I’m not going to go through company-specific developments for PIXY given that this is a high-level summary, but, keep in mind that typically a high forecast growth rate is not unusual for a company that is currently undergoing an investment period. … PIXY currently has no debt on its balance sheet, which is rare for a loss-making loss-making, growth company, which usually has a high level of debt relative to its equity.

Simply Wall St -

What’s Installed For ShiftPixy Inc (PIXY)?

Professional services analysts are forecasting for the entire industry, a relatively muted growth of 9.89% in the upcoming year , and a strong near-term growth of 26.51% over the next couple of years. … Given the lack of analyst consensus in PIXY’s outlook, we could potentially assume the stock’s growth rate broadly follows its professional services industry peers. … NasdaqCM:PIXY PE PEG Gauge Nov 14th 17 Professional services companies are typically trading at a PE of 25x, in-line with the US stock market PE of 22x.

Simply Wall St -

Company Info

Description

ShiftPixy, Inc. provides employment services for businesses; and workers in shift or other part-time/temporary positions in the United States. The company also operates as a payroll processor, human resources consultant, and administrator of workers’ compensation coverages and claims. It primarily serves restaurant, hospitality, and maintenance service industries. The company was founded in 2015 and is headquartered in Irvine, California.

Details
Name: ShiftPixy, Inc.
PIXY
Exchange: NasdaqCM
Founded: 2015
$9,702,164
36,202,107
Website: http://www.shiftpixy.com
Address: ShiftPixy, Inc.
1 Venture,
Suite 150,
Irvine,
California, 92618,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM PIXY Common Stock Nasdaq Capital Market US USD 30. Jun 2017
DB 19U Common Stock Deutsche Boerse AG DE EUR 30. Jun 2017
Number of employees
Current staff
Staff numbers
55
ShiftPixy employees.
Industry
Human Resource and Employment Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/14 00:21
End of day share price update: 2019/11/13 00:00
Last estimates confirmation: 2019/07/24
Last earnings filing: 2019/07/22
Last earnings reported: 2019/05/31
Last annual earnings reported: 2018/08/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.