It’s still a bull thesis, just subverted: Flywire Corp (FLYW)

Flywire Corp [FLYW] stock is trading at $17.96, up 2.16%. An important factor to consider is whether the stock is rising or falling in short-term value. The FLYW shares have gain 4.48% over the last week, with a monthly amount drifted -3.02%, and not seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

Flywire Corp [NASDAQ: FLYW] stock has seen the most recent analyst activity on May 24, 2024, when Wedbush initiated its Neutral rating and assigned the stock a price target of $18. Previously, Morgan Stanley downgraded its rating to Equal-Weight on March 01, 2024, and elevated its price target to $30. On February 06, 2024, Deutsche Bank initiated with a Buy rating and assigned a price target of $27 on the stock. Morgan Stanley upgraded its rating to a Overweight but stick to its price target of $27 on January 29, 2024. Oppenheimer initiated its recommendation with a Outperform and recommended $25 as its price target on January 23, 2024. JP Morgan downgraded its rating to Neutral for this stock on December 18, 2023, but kept the price target unchanged to $29.

Flywire Corp [FLYW] stock has fluctuated between $15.19 and $35.01 over the past year. Currently, Wall Street analysts expect the stock to reach $28.4 within the next 12 months. Flywire Corp [NASDAQ: FLYW] shares were valued at $17.96 at the most recent close of the market. An investor can expect a potential return of 58.13% based on the average FLYW price forecast.

Analyzing the FLYW fundamentals

Flywire Corp [NASDAQ:FLYW] reported sales of 441.65M for the trailing twelve months, which represents a growth of 22.16%. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is -0.02%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.01 and Total Capital is -0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 17.70 points at the first support level, and at 17.44 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.28, and for the 2nd resistance point, it is at 18.61.

Ratios To Look Out For

For context, Flywire Corp’s Current Ratio is 4.01. On the other hand, the Quick Ratio is 4.01, and the Cash Ratio is 3.04. Considering the valuation of this stock, the price to sales ratio is 5.09, the price to book ratio is 2.80.

Transactions by insiders

Recent insider trading involved Butterfield Peter, General Counsel and CCO, that happened on Aug 09 ’24 when 5921.0 shares were sold. Director, Santos Edwin J completed a deal on Aug 08 ’24 to sell 10448.0 shares. Meanwhile, Officer Peter Butterfield bought 5921.0 shares on Aug 09 ’24.

Related Posts