A share price of Flywire Corp [FLYW] is currently trading at $16.49, up 1.10%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The FLYW shares have gain 3.45% over the last week, with a monthly amount drifted -4.41%, and not seem to be holding up well over a long-time horizon.
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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 experienced fluctuations in its stock price throughout the past year between $15.19 and $31.61. Currently, Wall Street analysts expect the stock to reach $28.4 within the next 12 months. Flywire Corp [NASDAQ: FLYW] shares were valued at $16.49 at the most recent close of the market. An investor can expect a potential return of 72.23% based on the average FLYW price forecast.
Analyzing the FLYW fundamentals
Trailing Twelve Months sales for Flywire Corp [NASDAQ:FLYW] were 441.65M which represents 22.16% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
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 16.20 points at the first support level, and at 15.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.67, and for the 2nd resistance point, it is at 16.84.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Flywire Corp [NASDAQ:FLYW] is 4.01. Also, the Quick Ratio is 4.01, while the Cash Ratio stands at 3.04. Considering the valuation of this stock, the price to sales ratio is 4.68, the price to book ratio is 2.57.
Transactions by insiders
Recent insider trading involved Butterfield Peter, General Counsel and CCO, that happened on Sep 09 ’24 when 4747.0 shares were sold. Officer, Peter Butterfield completed a deal on Sep 09 ’24 to buy 4747.0 shares. Meanwhile, General Counsel and CCO Butterfield Peter sold 1335.0 shares on Sep 05 ’24.
