At the time of writing, Flywire Corp [FLYW] stock is trading at $21.93, up 0.73%. An important factor to consider is whether the stock is rising or falling in short-term value. The FLYW shares have gain 4.48% over the last week, with a monthly amount glided 28.62%, 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.
For the past year, the stock price of Flywire Corp fluctuated 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 $21.93 at the most recent close of the market. An investor can expect a potential return of 18.56% based on the average FLYW price forecast.
Analyzing the FLYW fundamentals
According to Flywire Corp [NASDAQ:FLYW], the company’s sales were 475.14M for trailing twelve months, which represents an 27.16% jump. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at -0.02%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.02 and Total Capital is -0.01.
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 21.48 points at the first support level, and at 21.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.21, and for the 2nd resistance point, it is at 22.49.
Ratios To Look Out For
It is important to note that Flywire Corp [NASDAQ:FLYW] has a current ratio of 2.33. On the other hand, the Quick Ratio is 2.33, and the Cash Ratio is 1.51. Considering the valuation of this stock, the price to sales ratio is 5.78, the price to book ratio is 3.24 and price to earnings (TTM) ratio is 146.98.
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.
