At the time of writing, Affirm Holdings Inc [AFRM] stock is trading at $41.15, up 6.61%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AFRM shares have gain 6.94% over the last week, with a monthly amount glided 7.81%, and 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:
Affirm Holdings Inc [NASDAQ: AFRM] stock has seen the most recent analyst activity on October 08, 2024, when BTIG Research upgraded its rating to a Buy but kept the price target unchanged to $68 for it. Previously, Susquehanna started tracking the stock with Positive rating on September 20, 2024, and set its price target to $52. On July 30, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $36 on the stock. JMP Securities started tracking the stock assigning a Mkt Perform rating. In a note dated May 09, 2024, JP Morgan upgraded an Overweight rating on this stock and boosted its target price from $41 to $43.
For the past year, the stock price of Affirm Holdings Inc fluctuated between $15.97 and $52.48. Currently, Wall Street analysts expect the stock to reach $45.38 within the next 12 months. Affirm Holdings Inc [NASDAQ: AFRM] shares were valued at $41.15 at the most recent close of the market. An investor can expect a potential return of 10.28% based on the average AFRM price forecast.
Analyzing the AFRM fundamentals
According to Affirm Holdings Inc [NASDAQ:AFRM], the company’s sales were 2.32B for trailing twelve months, which represents an 47.86% jump. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.22%, and Net Profit Margin reading is -0.22%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.2 and Total Capital is -0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.35.
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 39.72 points at the first support level, and at 38.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 42.14, and for the 2nd resistance point, it is at 43.13.
Ratios To Look Out For
It is important to note that Affirm Holdings Inc [NASDAQ:AFRM] has a current ratio of 4.84. In addition, the Quick Ratio stands at 4.84 and the Cash Ratio stands at 2.5. Considering the valuation of this stock, the price to sales ratio is 5.51, the price to book ratio is 4.69.
Transactions by insiders
Recent insider trading involved Adkins Katherine, Chief Legal Officer, that happened on Sep 18 ’24 when 82316.0 shares were sold. Chief Legal Officer, Adkins Katherine completed a deal on Sep 17 ’24 to sell 46600.0 shares. Meanwhile, Chief Legal Officer Adkins Katherine sold 6084.0 shares on Sep 16 ’24.
