XpresSpa looks promising after launching XpresCheck

While revenues continuing to drop, easing of lockdown measures is expected to improve sales for XpresSpa. The company is heavily dependent on the airline industry because most of its spa centers are located in airports across the US. XpresSpa has initiated XpresCheck pilot program at JFK International Airport, aimed to screen 500 people for coronavirus. We could see revenues surging if this model is replicated across other terminals in the US. Additional testing capabilities will also drive sales. The future trajectory of the stock will depend a lot on how investors perceive the stimulus package targeted for providing relief during the pandemic. Looking at the balance sheet, the company is making efforts to improve its liquidity level and has deleveraged some of its liabilities. The company has a net worth that is negative and can be attributed to the losses it accumulated over the period. We should expect to see conditions improve as spa services open up and the testing facilities launched have given the company a new stream of revenue.

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XpresSpa looks promising after launching XpresCheck

Jul 24, 2020

bullish

fundamentals Analysis

[1 min Read]

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While revenues continuing to drop, easing of lockdown measures is expected to improve sales for XpresSpa. The company is heavily dependent on the airline industry because most of its spa centers are located in airports across the US. XpresSpa has initiated XpresCheck pilot program at JFK International Airport, aimed to screen 500 people for coronavirus. We could see revenues surging if this model is replicated across other terminals in the US. Additional testing capabilities will also drive sales. The future trajectory of the stock will depend a lot on how investors perceive the stimulus package targeted for providing relief during the pandemic. Looking at the balance sheet, the company is making efforts to improve its liquidity level and has deleveraged some of its liabilities. The company has a net worth that is negative and can be attributed to the losses it accumulated over the period. We should expect to see conditions improve as spa services open up and the testing facilities launched have given the company a new stream of revenue.
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XSPA

XpresSpa Group, Inc.

0.78

-0.02
-2.35%

Return

-78.43%
Change % Since Posting
-2.84
Change Since Posting
3.62
Price When Posted

Metrics

4.50
Target Price
6/ 10
Confidence
1-2 Weeks
Timeframe
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Earnings Per Share
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Financials
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Management
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Price to Earnings Ratio
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Dividend
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