At the time of writing, Affirm Holdings Inc [AFRM] stock is trading at $43.22, down -1.44%. 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 6.19% over the last week, with a monthly amount glided 12.26%, 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 14, 2024, when Wedbush upgraded its rating to a Neutral but kept the price target unchanged to $45 for it. Previously, Wells Fargo upgraded its rating to Overweight on October 11, 2024, and elevated its price target to $52. On October 09, 2024, upgrade upgraded it’s rating to Equal-Weight and revised its price target to $37 on the stock. BTIG Research upgraded its rating to a Buy but stick to its price target of $68 on October 08, 2024. Susquehanna initiated its recommendation with a Positive and recommended $52 as its price target on September 20, 2024. BofA Securities upgraded its rating to Buy for this stock on July 30, 2024, but kept the price target unchanged to $36. In a note dated June 28, 2024, JMP Securities initiated an Mkt Perform rating.
For the past year, the stock price of Affirm Holdings Inc fluctuated between $16.85 and $52.48. Currently, Wall Street analysts expect the stock to reach $46.29 within the next 12 months. Affirm Holdings Inc [NASDAQ: AFRM] shares were valued at $43.22 at the most recent close of the market. An investor can expect a potential return of 7.1% 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 42.07 points at the first support level, and at 40.91 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.36, and for the 2nd resistance point, it is at 45.49.
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 5.79, the price to book ratio is 4.92.
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.
