As of close of business last night, Flywire Corp’s stock clocked out at $22.31, down -4.04% from its previous closing price of $23.25. In other words, the price has decreased by -$0.94 from its previous closing price. On the day, 1069760 shares were traded.
Ratios:
To gain a deeper understanding of FLYW’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 34.42. For the most recent quarter (mrq), Quick Ratio is recorded 2.98 and its Current Ratio is at 2.98. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Morgan Stanley on March 01, 2024, Downgraded its rating to Equal-Weight and sets its target price to $30 from $27 previously.
On February 06, 2024, Deutsche Bank started tracking the stock assigning a Buy rating and target price of $27.
Morgan Stanley Upgraded its Equal-Weight to Overweight on January 29, 2024, while the target price for the stock was maintained at $27.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 03 ’24 when Massaro Michael sold 13,043 shares for $24.07 per share. The transaction valued at 314,005 led to the insider holds 1,655,673 shares of the business.
Massaro Michael sold 4,892 shares of FLYW for $117,773 on Apr 03 ’24. The Chief Executive Officer now owns 307,548 shares after completing the transaction at $24.07 per share. On Mar 20 ’24, another insider, Massaro Michael, who serves as the Chief Executive Officer of the company, sold 16,828 shares for $25.06 each. As a result, the insider received 421,651 and left with 1,668,716 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FLYW now has a Market Capitalization of 2.86B and an Enterprise Value of 2.20B. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.80 while its Price-to-Book (P/B) ratio in mrq is 3.48. Its current Enterprise Value per Revenue stands at 5.46 whereas that against EBITDA is 186.92.
Stock Price History:
Over the past 52 weeks, FLYW has reached a high of $35.80, while it has fallen to a 52-week low of $18.65. The 50-Day Moving Average of the stock is 24.17, while the 200-Day Moving Average is calculated to be 26.89.
Shares Statistics:
It appears that FLYW traded 1.50M shares on average per day over the past three months and 929.81k shares per day over the past ten days. A total of 120.70M shares are outstanding, with a floating share count of 115.74M. Insiders hold about 5.77% of the company’s shares, while institutions hold 94.87% stake in the company. Shares short for FLYW as of Mar 15, 2024 were 6.5M with a Short Ratio of 4.43, compared to 7.1M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.29% and a Short% of Float of 6.06%.
Earnings Estimates
As of right now, 11 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.02 for the current quarter, with a high estimate of $0.03 and a low estimate of -$0.07, while EPS last year was -$0.03. The consensus estimate for the next quarter is -$0.07, with high estimates of $0.01 and low estimates of -$0.13.
Analysts are recommending an EPS of between $0.19 and -$0.14 for the fiscal current year, implying an average EPS of $0.06. EPS for the following year is $0.23, with 10 analysts recommending between $0.37 and -$0.11.
Revenue Estimates
In the current quarter, 15 analysts expect revenue to total $110.61M. It ranges from a high estimate of $121.5M to a low estimate of $106.61M. As of the current estimate, Flywire Corp’s year-ago sales were $94.36M, an estimated increase of 17.20% from the year-ago figure. For the next quarter, 15 analysts are estimating revenue of $108.28M, an increase of 44.50% over than the figure of $17.20% in the same quarter last year. There is a high estimate of $113.9M for the next quarter, whereas the lowest estimate is $103M.
A total of 16 analysts have provided revenue estimates for FLYW’s current fiscal year. The highest revenue estimate was $520.14M, while the lowest revenue estimate was $489.39M, resulting in an average revenue estimate of $502.79M. In the same quarter a year ago, actual revenue was $403.09M, up 24.70% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $642.58M in the next fiscal year. The high estimate is $665.27M and the low estimate is $622M. The average revenue growth estimate for next year is up 27.80% from the average revenue estimate for this year.
