The closing price of Affirm Holdings Inc (NASDAQ: AFRM) was $31.06 for the day, down -4.78% from the previous closing price of $32.62. On the day, 5118214 shares were traded.
Ratios:
Our analysis of AFRM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 290.59. For the most recent quarter (mrq), Quick Ratio is recorded 12.22 and its Current Ratio is at 12.22. In the meantime, Its Debt-to-Equity ratio is 2.32 whereas as Long-Term Debt/Eq ratio is at 2.31.
On January 10, 2024, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $44.
Morgan Stanley Downgraded its Equal-Weight to Underweight on December 18, 2023, whereas the target price for the stock was revised from $15 to $20.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 01 ’24 when Rabois Keith sold 9,276 shares for $35.30 per share. The transaction valued at 327,412 led to the insider holds 69,276 shares of the business.
Rabois Keith sold 9,276 shares of AFRM for $318,970 on Mar 14 ’24. The Director now owns 78,552 shares after completing the transaction at $34.39 per share. On Dec 27 ’23, another insider, Linford Michael, who serves as the Chief Financial Officer of the company, sold 65,000 shares for $52.00 each. As a result, the insider received 3,380,000 and left with 99,063 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.98 while its Price-to-Book (P/B) ratio in mrq is 3.60.
Stock Price History:
Over the past 52 weeks, AFRM has reached a high of $52.48, while it has fallen to a 52-week low of $8.80.
Shares Statistics:
A total of 306.87M shares are outstanding, with a floating share count of 244.04M. Insiders hold about 20.47% of the company’s shares, while institutions hold 69.76% stake in the company.
