PIXY - ShiftPixy, Inc.

NasdaqCM - NasdaqCM Real Time Price. Currency in USD
0.5520
-0.0480 (-8.00%)
At close: 3:59PM EDT
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Previous Close0.6000
Open0.5900
Bid0.0000 x 1200
Ask0.0000 x 1100
Day's Range0.5300 - 0.5979
52 Week Range0.2740 - 4.6900
Volume176,656
Avg. Volume308,091
Market Cap18.69M
Beta (3Y Monthly)1.54
PE Ratio (TTM)N/A
EPS (TTM)-0.4360
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target EstN/A
Trade prices are not sourced from all markets
  • GlobeNewswire2 days ago

    ShiftPixy Provides Update on Release of Fiscal Third Quarter 2019 Results

    ShiftPixy, Inc. (PIXY), a California-based staffing enterprise that designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, has postponed the release date for its fiscal third quarter 2019 earnings results and will provide a new date for the release as soon as possible. ShiftPixy is a disruptive human capital services enterprise, revolutionizing employment in the Gig Economy by delivering a next-gen platform for workforce management that helps businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and better connect with a ready-for-hire workforce. With expertise rooted in management’s nearly 25 years of workers’ compensation and compliance programs experience, ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing Gig Economy.

  • GlobeNewswire5 days ago

    ShiftPixy Announces Stock Repurchase Program

    ShiftPixy, Inc. (PIXY), a California-based staffing enterprise that designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced that its Board of Directors has authorized the repurchase of up to ten million shares of its outstanding common stock over an initial period of 18 months, extendable at the Board’s discretion.  The stock repurchase program will be funded through the Company's existing cash. Purchases made pursuant to the program will be made in either the open market or in privately negotiated transactions from time to time as permitted by federal securities laws and other legal requirements. The timing, manner, price and amount of any repurchases will be determined by the Company in its discretion, in accordance with applicable SEC regulations, and will be subject to economic and market conditions, stock price, applicable legal requirements, and other factors.

  • Some ShiftPixy (NASDAQ:PIXY) Shareholders Have Taken A Painful 75% Share Price Drop
    Simply Wall St.7 days ago

    Some ShiftPixy (NASDAQ:PIXY) Shareholders Have Taken A Painful 75% Share Price Drop

    ShiftPixy, Inc. (NASDAQ:PIXY) shareholders will doubtless be very grateful to see the share price up 60% in the last...

  • GlobeNewswire2 months ago

    ShiftPixy to Participate in the 9th Annual LD Micro Invitational

    ShiftPixy, Inc. (PIXY), a California-based technology company that designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced that it will be presenting at the LD Micro Conference in Los Angeles, California.  The company will present on June 5th at 10:40 Pacific and will be available for one-on-one meetings both June 4th and June 5th. LD Micro was founded in 2006 and has grown beyond its original newsletter to now host several influential events annually. ShiftPixy is a disruptive human capital management (HCM) services provider, revolutionizing employment in the Gig Economy by delivering a next-gen platform for workforce management that helps businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and better connect with a ready-for-hire workforce.

  • GlobeNewswire2 months ago

    ShiftPixy to Introduce Breakthrough Self-Delivery Platform at Upcoming Tradeshow

    ShiftPixy, Inc. (PIXY), a California-based technology company that designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, will introduce its self-delivery strategy and accompanying technology at the 2019 National Restaurant Association (NRA) Show taking place May 18-21 in Chicago. With expertise rooted in management’s nearly 25 years of workers’ compensation and compliance programs experience, ShiftPixy adds a needed layer for addressing compliance and continued demands for equitable employment practices in the growing Gig Economy.

  • GlobeNewswire2 months ago

    ShiftPixy Presents Its Latest Innovations at the 2019 National Restaurant Association Show

    ShiftPixy, Inc. (PIXY), a California-based technology company that designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, will exhibit its latest restaurant-targeted technologies at the 2019 National Restaurant Association (NRA) Show taking place May 18-21 in Chicago. “We’re excited to participate in this year’s NRA Show.  We know there are two things really hurting restaurant operators right now…they can’t find and keep quality employees, and they lose money on every third-party order that goes out the door,” said Scott Absher, CEO of ShiftPixy. Now in its 100th year, the NRA Show is the largest annual gathering of the restaurant, foodservice and hospitality industries in the US, welcoming over 43,000 attendees.

  • GlobeNewswire2 months ago

    ShiftPixy to Participate in the Piper Jaffray Restaurant Series 2019

    ShiftPixy, Inc. (PIXY), a California-based technology company that designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced that its newly appointed Chief Technology Officer, Doug Moss, will sit on a panel at Piper Jaffray’s “Restaurant Series 2019: Tech Bites into the Restaurant Industry” in New York City on May 7th, 2019.  The panel is entitled, “The Labor Market and the Fight for Talent” and is scheduled for 2:15 Eastern. Mr. Moss joined ShiftPixy in 2018, bringing with him more than 20 years of industry experience including web and mobile customer expertise, developed during a dynamic and successful career at companies such as Levy Restaurants, Pacific Life, The Los Angeles Galaxy and his own consulting firm, Evergreen Experience.  He has overseen platform development and multiple product teams at ShiftPixy as they have quickly worked to deliver a world-class, customer-focused solution.

  • GlobeNewswire3 months ago

    ShiftPixy Names Doug Moss Chief Technology Officer

    IRVINE, Calif., April 30, 2019 -- ShiftPixy, Inc. (NASDAQ: PIXY), a California-based technology company that designs, manages, and sells access to a disruptive, revolutionary.

  • GlobeNewswire3 months ago

    ShiftPixy to Present and Host Meetings at the Planet MicroCap Showcase 2019

    ShiftPixy, Inc. (PIXY), a California-based technology company that designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced it will present at the Planet MicroCap Showcase on Wednesday, May 1, 2019 and will host one-on-one meetings on May 2, 2019. If you have any questions about the Planet MicroCap Showcase 2019, please contact Robert Kraft at rkraft@snnwire.com (424) 227-9018, or visit www.planetmicrocapshowcase.com for more information. ShiftPixy is a disruptive human capital management (HCM) services provider, revolutionizing employment in the Gig Economy by delivering a next-gen platform for workforce management that helps businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and better connect with a ready-for-hire workforce.

  • ACCESSWIRE3 months ago

    ShiftPixy to Present and Host Meetings at the Planet MicroCap Showcase 2019 on May 1 in Las Vegas, NV

    IRVINE, CA / ACCESSWIRE / April 26, 2019 / ShiftPixy, Inc. (NASDAQ: PIXY ), a California-based technology company that designs, manages, and sells access to a disruptive, revolutionary platform that facilitates ...

  • ACCESSWIRE3 months ago

    MicroCap Review Magazine Spring 2019 Issue Now Available

    The Digital Issue of the Spring 2019 MicroCap Review Magazine,The Official Magazine for the MicroCap Stock Market, can be read on www.StockNewsNow.com LOS ANGELES, CA / ACCESSWIRE / April 23, 2019 / SNN ...

  • Zacks Small Cap Research3 months ago

    PIXY: Gross Margin Dollars Grow 266% in Q2 FY 2019

    ShiftPixy (PIXY), again, missed our gross billings and revenue numbers for the quarter and more than compensated with its gross margin performance. Gross margin dollars grew 266%. In Q1 it reported gross margin of 32.2%, but within that quarter it had had a one-time reversal of unemployment tax without which, margin would have been 22.7%.

  • InvestorPlace3 months ago

    ShiftPixy vs. Lyft: Which Is the Better Buy?

    I like to cover businesses that are making money or on a pathway to profitability. ShiftPixy (NASDAQ:PIXY) announced good results April 15, sending PIXY stock higher by more than 5% in early trading. * 7 Stocks That Can Outperform for Years Here's a company that provides shift workers and the companies that employ them a platform to take care of business. It's a win/win proposition. So, what's this got to do with Lyft (NASDAQ:LYFT), the United States' second-largest ride-sharing app (based on market share)? InvestorPlace - Stock Market News, Stock Advice & Trading TipsWell, nothing, if you're comparing companies in the same industry. However, if you're interested in owning stocks that have a shot at making money in the near future, Shiftpixy stock is the much better option. Here's why… Lyft Losses EnormousIn fiscal 2018, Lyft's operating loss was 45 cents for every dollar of its $2.16 billion in revenue. Its IPO prospectus says that it may never make a profit."We have incurred net losses each year since our inception and we may not be able to achieve or maintain profitability in the future. We incurred net losses of $682.8 million, $688.3 million and $911.3 million in 2016, 2017 and 2018," stated the prospectus. Uber is expected to go public next month. It loses 27 cents for every dollar of its $11.3 billion in annual revenue, a slightly healthier number than Lyft. Together, the two ride-sharing apps lose 35 cents for each dollar in revenue. In Lyft's case, as it tries to wrestle market share from Uber, its losses are rising, while Uber's seem to have stabilized. Still, both could be profitless for the next five years or longer. So, unless you're a venture capitalist in waiting, might I suggest something like ShiftPixy, which is much closer to break-even and also provides a platform for growth. ShiftPixy's Latest ResultsThe company announced its second-quarter 2019 results on April 15, before the markets opened. They were very encouraging. As I started to write this article, Shiftpixy was up more than 5% in early trading. It's now dropped into negative territory. Despite the change in direction -- the markets as a whole are down -- there are some numbers to like from its earnings report. On the top line, revenues were $13.2 million, 67% higher than a year earlier, and 26% higher than in Q1 2019. Gross billings in the quarter increased by 70% to $82.5 million. ShiftPixy essentially pays the shift workers and generates revenue by marking up the payroll. In the second quarter, it had 9,660 worksite employees accessing the ShiftPixy platform, up 47% over Q2 2018. The more worksite employees are working with its clients -- it had 25 clients as of the end of November 2018 -- the more revenue it makes from its platform. At the end of the first quarter, four of those clients accounted for 75% of its total accounts receivable, down from 86% in Q4 2018. It's heading in the right direction. Once the 10-Q is out, I'd bet that number would be down into the low 60s. Profits Soon EnoughIn terms of profits, Shiftpixy's gross margin in the quarter was 24.4% -- more than double its 11.1% gross margin in the same quarter a year earlier. In regard to operating profit, Shipftpixy lost $2.2 million in Q2 2019, 18% lower than a year earlier. That's 17 cents in losses for every dollar of revenue, about half the amount of Lyft and Uber combined. Also, in late December, Shiftpixy came to a settlement agreement with certain institutional investors regarding the company's 8% senior secured convertible notes due Sept. 4, 2019. The agreement reduced Shiftpixy's liabilities by $2.61 million, which went right to its bottom line, reducing its net loss to $338,531 (considerably less than the $2.7 million in Q2 2018). In the first six months of 2019, Shiftpixy's net loss dropped by 61% to $2.3 million from $6.1 million a year earlier. As it continues to add clients and shift workers to its platform, I'd expect Shiftpixy to turn profitable sometime in fiscal 2020, perhaps sooner. The Bottom Line on Shiftpixy StockIs PIXY stock risky?At $1.20 or so, you better believe it. That said, its use of artificial intelligence for onboarding shift workers appears to be gaining traction. Good businesses generally help people and companies make and save money and time. * 10 Dow Jones Stocks Holding the Blue Chip Index Back For that reason, as a speculative play, ShiftPixy holds some appeal. I can't say the same about Lyft or Uber. At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post ShiftPixy vs. Lyft: Which Is the Better Buy? appeared first on InvestorPlace.

  • GlobeNewswire3 months ago

    ShiftPixy, Inc. Reports Fiscal 2019 Second Quarter Results

    IRVINE, Calif., April 15, 2019 -- ShiftPixy, Inc. (NASDAQ: PIXY), a California-based technology company that designs, manages, and sells access to a disruptive, revolutionary.

  • GlobeNewswire3 months ago

    ShiftPixy to Announce Fiscal Second Quarter 2019 Results

    ShiftPixy, Inc. (PIXY), a disruptive workforce engagement platform provider, will release its fiscal second quarter 2019 earnings results before the market open on Monday, April 15, 2019. Management will host a webcast to discuss the results at 9:00 a.m. Eastern Time on Monday, April 15, 2019.  To access the webcast, please visit the investor relations section of the Company's website at www.shiftpixy.com.  The on-line replay will be available for one month after conclusion of the call. ShiftPixy (PIXY) is a disruptive human capital management platform, revolutionizing employment in the Gig Economy by delivering a next-gen mobile engagement technology to help businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and better connect with a ready-for-hire workforce.

  • GlobeNewswire5 months ago

    ShiftPixy Appoints Industry Veteran Kirk M. Flagg as Chief Compliance Officer

    ShiftPixy, Inc. (PIXY), a disruptive workforce engagement platform provider, today announced the hiring of Kirk Flagg as Chief Compliance Officer and Secretary. Kirk is an accomplished veteran of the employer services industry, having served as COO of Kelly Staff Leasing, VP of Human Resources & Government Relations as well as a senior trial attorney in the Civil Rights Division of the US Department of Justice.  Mr. Flagg received his Juris Doctorate from the University of Notre Dame Law School.

  • Zacks Small Cap Research6 months ago

    PIXY: ShiftPixy’s Goal for 2019 is to Quintuple Business

    While it will need funding, ShiftPixy’s (PIXY) management said on its earnings call that its goal for calendar year 2019 is to end the calendar year serving 50,000 worksite employees compared with approximately 10,000 at the end of 2018. In its presentation at a conference on January 14th, it also stated its gross billings target for the year was $750 million. While ShiftPixy missed our gross billings and revenue numbers for the quarter it more than compensated with its gross margin performance.

  • GlobeNewswire6 months ago

    ShiftPixy, Inc. Reports Fiscal 2019 First Quarter Results

    IRVINE, Calif., Jan. 11, 2019 -- ShiftPixy, Inc. (NASDAQ: PIXY), a developing, proprietary next-gen technology platform for workforce engagement and management, today announced.

  • GlobeNewswire6 months ago

    ShiftPixy to Participate in the 21st Annual ICR Conference on January 14, 2019

    ShiftPixy, Inc. (PIXY), a disruptive workforce engagement platform provider, today announced that Scott W. Absher, Chief Executive Officer, will present at the 21st Annual ICR Conference, one of the largest investment conferences of the year featuring presentations by more than 200 public and private companies, with attendance by institutional investors, private equity professionals, equity research analysts and select media approximating 3,000 in total. The conference will be hosted at the JW Marriott Grande Lakes Hotel & Resort in Orlando, Florida, and ShiftPixy will present on Monday, January 14, 2019 at 2:30 pm ET.  To access a webcast of the presentation please visit the investor relations section of the Company's website at www.shiftpixy.com.  A replay will be available for a limited time beginning within one hour of the conclusion of the call.

  • GlobeNewswire6 months ago

    ShiftPixy to Announce Fiscal First Quarter 2019 Results

    ShiftPixy, Inc. (PIXY), a disruptive workforce engagement platform provider, will release its fiscal first quarter 2019 earnings results before the market open on Friday, January 11, 2019. Management will host a webcast to discuss the results at 5:30 a.m. Pacific Time (8:30 a.m. Eastern Time) on Friday, January 11, 2019.  To access the webcast, please visit the investor relations section of the Company's website at www.shiftpixy.com.  The on-line replay will be available for one month after conclusion of the call. ShiftPixy (PIXY) is a disruptive human capital management platform, revolutionizing employment in the Gig Economy by delivering a next-gen mobile engagement technology to help businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and better connect with a ready-for-hire workforce.

  • Zacks Small Cap Research7 months ago

    PIXY: With FYQ4 Growth Over 120% Expectations Are Beat Again

    As word spreads, ShiftPixy (PIXY) continues to gain customers at a rapid pace due to its value proposition and unique capabilities. If we say the company will do $265 million in calendar year 2018, this $228 million gets it to $493 million.

  • GlobeNewswire8 months ago

    ShiftPixy, Inc. Reports Fiscal 2018 Fourth Quarter and Full Year Results

    IRVINE, Calif., Nov. 28, 2018 -- ShiftPixy, Inc. (“ShiftPixy” or the “Company”) (Nasdaq: PIXY), a disruptive workforce engagement platform provider, today announced operating.

  • GlobeNewswire8 months ago

    ShiftPixy to Announce Fiscal Fourth Quarter and Full-Year 2018 Results

    ShiftPixy, Inc. (PIXY), a disruptive workforce engagement platform provider, will release its fiscal fourth quarter and full-year 2018 earnings results after the market close on Wednesday, November 28, 2018. Management will host a webcast to discuss the results at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) on Wednesday, November 28, 2018.  To access the webcast, please visit the investor relations section of the Company's website at www.shiftpixy.com.  The on-line replay will be available for one month after conclusion of the call. ShiftPixy (PIXY) is a disruptive human capital management platform, revolutionizing employment in the Gig Economy by delivering a next-gen mobile engagement technology to help businesses with shift-based employees navigate regulatory mandates, minimize administrative burdens and better connect with a ready-for-hire workforce.