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1. Company Snapshot

1.a. Company Description

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.The company was incorporated in 2015 and is headquartered in Miami, Florida.

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1.b. Last Insights on PIXY

ShiftPixy, Inc.'s recent performance was negatively impacted by the company's failure to provide a clear update on the status of its proposed acquisition of TurboScale, despite announcing a non-binding Letter of Intent (LOI) in October 2024. The lack of clarity on this deal has likely created uncertainty among investors, weighing on the company's stock. Additionally, there is no recent earnings release to provide insight into the company's current financial performance. The absence of a clear update on the acquisition and the lack of recent earnings information have likely contributed to the negative sentiment surrounding the company.

1.c. Company Highlights

2. Transcript Summary

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3. NewsRoom

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ShiftPixy, Inc. Announces Signed LOI to Acquire TurboScale

Oct -22

Source: businesswire.com

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Trader in France Scores 3rd Victory in Short Selling Contest

Sep -16

Source: gurufocus.com

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ShiftPixy Announces Pricing of $2.5 Million Offering

Aug -26

Source: businesswire.com

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Why Is ShiftPixy (PIXY) Stock Up 28% Today?

Jun -11

Source: investorplace.com

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ShiftPixy Announces Definitive Agreement to Acquire a Northern California-Based Provider of Human Capital to Several Key Industrial Clients

Mar -26

Source: businesswire.com

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ShiftPixy to Present at the Webull LIVE! with Corporate Connect: Technology Investment Webinar

Mar -22

Source: Business Wire

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Why Is ShiftPixy (PIXY) Stock Down 22% Today?

Mar -19

Source: InvestorPlace

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Here's why Shiftpixy (PIXY) and Minim (MINM) stocks are soaring

Mar -13

Source: Invezz

4. Business Breakdown

4.a. Revenues by Country

4.b. Revenues by Segment

5. Expected revenues mid-term growth (2.61%)

6. Segments

Staffing

Expected Growth: 2.5%

ShiftPixy's 2.5% growth is driven by increasing demand for staffing solutions in the gig economy, expansion into new markets, and strategic partnerships. The company's technology-enabled platform and flexible workforce model also contribute to its growth, as it helps businesses adapt to changing labor needs and improves worker engagement.

Human Capital Management

Expected Growth: 3.5%

ShiftPixy's 3.5% growth in Human Capital Management is driven by increasing demand for workforce management solutions, expansion into new markets, and strategic partnerships. The company's proprietary platform, which streamlines employee scheduling, time tracking, and benefits administration, resonates with clients seeking to optimize labor costs and improve operational efficiency.

7. Detailed Products

ShiftPixy Platform

A mobile-first, user-friendly platform that streamlines workforce management, including scheduling, time tracking, and compliance.

ShiftPixy One

A comprehensive human capital management (HCM) solution that integrates HR, payroll, and time tracking.

ShiftPixy Shift

A mobile app that allows employees to manage their schedules, swap shifts, and communicate with managers and colleagues.

ShiftPixy Pay

A payroll processing solution that integrates with the ShiftPixy Platform to streamline payroll management.

ShiftPixy Compliance

A compliance solution that helps businesses navigate complex labor laws and regulations, including ACA, FLSA, and more.

8. ShiftPixy, Inc.'s Porter Forces

Forces Ranking

Threat Of Substitutes

The threat of substitutes for ShiftPixy, Inc. is medium due to the presence of alternative staffing solutions and technology-enabled platforms that can replace traditional staffing agencies.

Bargaining Power Of Customers

The bargaining power of customers is high due to the concentrated nature of the client base, with a few large clients accounting for a significant portion of revenue.

Bargaining Power Of Suppliers

The bargaining power of suppliers is low due to the abundance of qualified workers and the lack of concentration among suppliers.

Threat Of New Entrants

The threat of new entrants is medium due to the moderate barriers to entry, including regulatory requirements and the need for significant capital investment.

Intensity Of Rivalry

The intensity of rivalry is high due to the competitive nature of the staffing industry, with many established players and a high level of competition for clients and talent.

9. SWOT Analysis

Strength

Weaknesses

Opportunities

Threats

10. Capital Structure

10.a. Balance Sheet

10.b. Weighted Average Cost of capital

Value
Debt Weight -5.77%
Debt Cost 3.95%
Equity Weight 105.77%
Equity Cost 10.74%
WACC 11.13%
Leverage -5.46%

11. Quality Control: ShiftPixy, Inc. passed 4 out of 9 key points

12.a Historical Valuation

12.b Price/Earnings Ratio

12.c Margin Valuation

12.d Peers Valuation

Peers Group Analysis

Stock-Card
HireQuest

A-Score: 4.2/10

Value: 3.9

Growth: 4.4

Quality: 7.2

Yield: 4.0

Momentum: 1.0

Volatility: 4.7

1-Year Total Return ->

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DHI Group

A-Score: 3.9/10

Value: 6.9

Growth: 3.1

Quality: 3.3

Yield: 0.0

Momentum: 8.5

Volatility: 1.7

1-Year Total Return ->

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TrueBlue

A-Score: 3.6/10

Value: 9.8

Growth: 0.7

Quality: 4.8

Yield: 0.0

Momentum: 3.5

Volatility: 2.7

1-Year Total Return ->

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ShiftPixy

A-Score: 3.5/10

Value: 10.0

Growth: 4.6

Quality: 4.9

Yield: 0.0

Momentum: 1.5

Volatility: 0.0

1-Year Total Return ->

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Stock-Card
ZipRecruiter

A-Score: 3.0/10

Value: 6.0

Growth: 3.6

Quality: 6.2

Yield: 0.0

Momentum: 0.0

Volatility: 2.3

1-Year Total Return ->

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Professional Diversity Network

A-Score: 3.0/10

Value: 8.4

Growth: 3.8

Quality: 4.8

Yield: 0.0

Momentum: 1.0

Volatility: 0.0

1-Year Total Return ->

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Peers Metrics

12.e Scoring Insights

12.f DCF BETA

Parameters

Short Term Growth

Short term Time

Long-Term Growth

WACC

Target Price

6.53$

Current Price

6.53$

Potential

-0.00%

Expected Cash-Flows