The price of Flywire Corp (NASDAQ: FLYW) closed at $20.93 in the last session, down -1.27% from day before closing price of $21.20. On the day, 1219159 shares were traded.
Ratios:
We take a closer look at FLYW’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.93 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.29. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 6.38 while its Price-to-Book (P/B) ratio in mrq is 3.26.
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.
Shares Statistics:
A total of 120.70M shares are outstanding, with a floating share count of 115.80M. Insiders hold about 5.72% of the company’s shares, while institutions hold 94.80% stake in the company.
Earnings Estimates
The company has GLOBAL X US CASHFLOW KINGS 100 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $50.28, with high estimates of $26.25 and low estimates of $20.93.
