Affirm Holdings Inc [AFRM] stock is trading at $47.08, up 12.07%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The AFRM shares have gain 19.61% over the last week, with a monthly amount glided 12.79%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Affirm Holdings Inc [NASDAQ: AFRM] stock has seen the most recent analyst activity on October 11, 2024, when Wells Fargo upgraded its rating to a Overweight and also boosted its price target to $52 from $40. Previously, Morgan Stanley upgraded its rating to Equal-Weight on October 09, 2024, and elevated its price target to $37. On October 08, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $68 on the stock. Susquehanna started tracking the stock assigning a Positive rating and suggested a price target of $52 on September 20, 2024. BofA Securities upgraded its rating to a Buy but $36 remained the price target by the analyst firm on July 30, 2024.
Affirm Holdings Inc [AFRM] stock has fluctuated between $15.97 and $52.48 over the past year. Currently, Wall Street analysts expect the stock to reach $46.76 within the next 12 months. Affirm Holdings Inc [NASDAQ: AFRM] shares were valued at $47.08 at the most recent close of the market. An investor can expect a potential drop of -0.68% based on the average AFRM price forecast.
Analyzing the AFRM fundamentals
Affirm Holdings Inc [NASDAQ:AFRM] reported sales of 2.32B for the trailing twelve months, which represents a growth of 47.86%. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.35.
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 44.06 points at the first support level, and at 41.04 for the second support level. However, for the 1st resistance point, the stock is sitting at 49.25, and for the 2nd resistance point, it is at 51.42.
Ratios To Look Out For
For context, Affirm Holdings Inc’s Current Ratio is 4.84. Also, the Quick Ratio is 4.84, while the Cash Ratio stands at 2.5. Considering the valuation of this stock, the price to sales ratio is 6.31, the price to book ratio is 5.36.
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.
