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As of close of business last night, Affirm Holdings Inc’s stock clocked out at $47.86, down -2.84% from its previous closing price of $49.26. In other words, the price has decreased by -$2.84 from its previous closing price. On the day, 9.24 million shares were traded. AFRM stock price reached its highest trading level at $50.09 during the session, while it also had its lowest trading level at $47.23.
Ratios:
To gain a deeper understanding of AFRM’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 6.89 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.20. For the most recent quarter (mrq), Quick Ratio is recorded 4.84 and its Current Ratio is at 4.84. In the meantime, Its Debt-to-Equity ratio is 2.36 whereas as Long-Term Debt/Eq ratio is at 2.24.
On October 11, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $40 to $52.
Morgan Stanley Upgraded its Underweight to Equal-Weight on October 09, 2024, whereas the target price for the stock was revised from $22 to $37.
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 Sep 18 ’24 when Adkins Katherine sold 82,316 shares for $45.00 per share. The transaction valued at 3,704,228 led to the insider holds 91,499 shares of the business.
Adkins Katherine sold 46,600 shares of AFRM for $2,097,061 on Sep 17 ’24. The Chief Legal Officer now owns 122,069 shares after completing the transaction at $45.00 per share. On Sep 16 ’24, another insider, Adkins Katherine, who serves as the Chief Legal Officer of the company, sold 6,084 shares for $45.00 each. As a result, the insider received 273,780 and left with 122,069 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, AFRM now has a Market Capitalization of 14890059776 and an Enterprise Value of 20421611520. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.41 while its Price-to-Book (P/B) ratio in mrq is 5.45. Its current Enterprise Value per Revenue stands at 8.791 whereas that against EBITDA is -55.917.
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 $15.97. The 50-Day Moving Average of the stock is 27.93%, while the 200-Day Moving Average is calculated to be 34.96%.
Shares Statistics:
It appears that AFRM traded 9.44M shares on average per day over the past three months and 10294230 shares per day over the past ten days. A total of 267.31M shares are outstanding, with a floating share count of 251.62M. Insiders hold about 19.12% of the company’s shares, while institutions hold 67.77% stake in the company. Shares short for AFRM as of 1727654400 were 19345655 with a Short Ratio of 2.05, compared to 1724976000 on 20736999. Therefore, it implies a Short% of Shares Outstanding of 19345655 and a Short% of Float of 9.120000000000001.
