At the time of writing, Affirm Holdings Inc [AFRM] stock is trading at $72.86, up 3.06%. 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 5.87% over the last week, with a monthly amount glided 36.93%, 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 $22.25 and $72.82. Currently, Wall Street analysts expect the stock to reach $55.14 within the next 12 months. Affirm Holdings Inc [NASDAQ: AFRM] shares were valued at $72.86 at the most recent close of the market. An investor can expect a potential drop of -24.32% based on the average AFRM price forecast.
Analyzing the AFRM fundamentals
According to Affirm Holdings Inc [NASDAQ:AFRM], the company’s sales were 2.52B for trailing twelve months, which represents an 40.67% jump. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.18%, and Net Profit Margin reading is -0.18%. To continue investigating profitability, this company’s Return on Assets is posted at -0.04, Equity is -0.16 and Total Capital is -0.03. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.5.
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 70.41 points at the first support level, and at 67.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 74.32, and for the 2nd resistance point, it is at 75.79.
Ratios To Look Out For
It is important to note that Affirm Holdings Inc [NASDAQ:AFRM] has a current ratio of 6.02. In addition, the Quick Ratio stands at 6.02 and the Cash Ratio stands at 7.69. Considering the valuation of this stock, the price to sales ratio is 9.32, the price to book ratio is 8.07.
Transactions by insiders
Recent insider trading involved NOEL WATSON, Director, that happened on Dec 16 ’24 when 2500.0 shares were purchased. Director, Rabois Keith completed a deal on Dec 12 ’24 to sell 16086.0 shares. Meanwhile, Director Quarles Christa S sold 2593.0 shares on Dec 13 ’24.
