Flywire Corp (NASDAQ: FLYW) closed the day trading at $24.13 down -1.39% from the previous closing price of $24.47. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 628033 shares were traded.
Ratios:
For a better understanding of FLYW, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.53 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 37.23. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 20 ’24 when Massaro Michael sold 16,828 shares for $25.06 per share. The transaction valued at 421,651 led to the insider holds 1,668,716 shares of the business.
Massaro Michael sold 6,311 shares of FLYW for $158,132 on Mar 20 ’24. The Chief Executive Officer now owns 312,440 shares after completing the transaction at $25.06 per share. On Mar 19 ’24, another insider, Massaro Michael, who serves as the Chief Executive Officer of the company, sold 49,844 shares for $25.11 each. As a result, the insider received 1,251,822 and left with 1,685,544 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 3.00B and an Enterprise Value of 2.35B. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.35 while its Price-to-Book (P/B) ratio in mrq is 3.76. Its current Enterprise Value per Revenue stands at 5.83 whereas that against EBITDA is 199.53.
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 23.50, while the 200-Day Moving Average is calculated to be 27.29.
Shares Statistics:
Over the past 3-months, FLYW traded about 1.59M shares per day on average, while over the past 10 days, FLYW traded about 1.27M shares per day. A total of 120.70M shares are outstanding, with a floating share count of 115.72M. Insiders hold about 5.78% of the company’s shares, while institutions hold 94.85% stake in the company. Shares short for FLYW as of Feb 29, 2024 were 6.4M with a Short Ratio of 4.02, compared to 6.88M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.21% and a Short% of Float of 5.97%.
Earnings Estimates
Current recommendations for the stock of the company come from 12 analysts. 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 -$0.08, with high estimates of $0.01 and low estimates of -$0.14.
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 11 analysts recommending between $0.37 and -$0.11.
Revenue Estimates
16 analysts predict $110.74M in revenue for the current quarter. It ranges from a high estimate of $121.5M to a low estimate of $107.33M. As of the current estimate, Flywire Corp’s year-ago sales were $94.36M, an estimated increase of 17.40% from the year-ago figure. For the next quarter, 16 analysts are estimating revenue of $108.57M, an increase of 44.90% over than the figure of $17.40% 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 17 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 $502.83M. In the same quarter a year ago, actual revenue was $403.09M, up 24.70% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $642.24M 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 27.70% from the average revenue estimate for this year.
