Flywire Corp (FLYW) Stock Up 2.74%: Latest Performance Analysis

A share price of Flywire Corp [FLYW] is currently trading at $18.00, up 2.74%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FLYW shares have gain 3.21% over the last week, with a monthly amount glided 12.92%, and 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 October 11, 2024, when Wells Fargo downgraded its rating to a Equal Weight and also revised its price target to $18 from $20. Previously, Wedbush started tracking the stock with Neutral rating on May 24, 2024, and set its price target to $18. On March 01, 2024, downgrade downgraded it’s rating to Equal-Weight and revised its price target to $30 on the stock. Deutsche Bank started tracking the stock assigning a Buy rating and suggested a price target of $27 on February 06, 2024. Morgan Stanley upgraded its rating to a Overweight but $27 remained the price target by the analyst firm on January 29, 2024. Oppenheimer started tracking with a Outperform rating for this stock on January 23, 2024, and assigned it a price target of $25. In a note dated December 18, 2023, JP Morgan downgraded an Neutral rating on this stock but restated the target price of $29.

Flywire Corp experienced fluctuations in its stock price throughout the past year between $15.19 and $31.54. Currently, Wall Street analysts expect the stock to reach $26 within the next 12 months. Flywire Corp [NASDAQ: FLYW] shares were valued at $18.00 at the most recent close of the market. An investor can expect a potential return of 44.44% 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 17.59 points at the first support level, and at 17.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 18.26, and for the 2nd resistance point, it is at 18.51.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Flywire Corp [NASDAQ:FLYW] is 4.01. As well, the Quick Ratio is 4.01, while the Cash Ratio is 3.04. Considering the valuation of this stock, the price to sales ratio is 5.11, the price to book ratio is 2.81.

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.

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