Research Analysts Set Expectations for Flywire Q2 Earnings

Flywire Corporation (NASDAQ:FLYW - Free Report) - Equities researchers at B. Riley dropped their Q2 2025 earnings per share estimates for Flywire in a report released on Monday, June 23rd. B. Riley analyst H. Goetsch now forecasts that the company will post earnings per share of ($0.03) for the quarter, down from their prior estimate of ($0.02). B. Riley has a "Buy" rating and a $15.00 price target on the stock. The consensus estimate for Flywire's current full-year earnings is $0.14 per share.

Flywire (NASDAQ:FLYW - Get Free Report) last released its earnings results on Tuesday, May 6th. The company reported $0.03 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.01 by $0.02. The firm had revenue of $128.70 million during the quarter, compared to analyst estimates of $124.18 million. Flywire had a return on equity of 1.57% and a net margin of 0.97%. Flywire's revenue was up 17.0% compared to the same quarter last year. During the same period last year, the business posted ($0.05) earnings per share.

FLYW has been the subject of a number of other reports. Wells Fargo & Company decreased their price target on Flywire from $16.00 to $13.00 and set an "equal weight" rating for the company in a report on Wednesday, May 7th. JPMorgan Chase & Co. reaffirmed an "underweight" rating and set a $9.00 price target (down from $16.00) on shares of Flywire in a report on Monday, April 14th. Truist Financial initiated coverage on Flywire in a report on Monday, June 2nd. They set a "buy" rating and a $12.00 price target for the company. The Goldman Sachs Group lifted their price target on Flywire from $10.00 to $12.00 and gave the stock a "neutral" rating in a report on Thursday, May 8th. Finally, Citigroup reduced their target price on Flywire from $26.00 to $13.00 and set a "buy" rating for the company in a report on Monday, March 24th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $15.00.

Flywire Stock Up 0.6%

NASDAQ FLYW traded up $0.07 during trading on Wednesday, reaching $11.41. 2,358,267 shares of the company's stock were exchanged, compared to its average volume of 1,883,604. The stock has a market cap of $1.39 billion, a P/E ratio of 285.25, a price-to-earnings-growth ratio of 1.62 and a beta of 1.27. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.02 and a current ratio of 2.02. The company has a 50 day moving average price of $10.51 and a two-hundred day moving average price of $13.78. Flywire has a 1 year low of $8.20 and a 1 year high of $23.40.

Hedge Funds Weigh In On Flywire

Several institutional investors have recently added to or reduced their stakes in FLYW. Raymond James Financial Inc. acquired a new position in Flywire in the 4th quarter valued at about $35,579,000. Wellington Management Group LLP acquired a new position in Flywire in the 1st quarter valued at about $15,782,000. Voss Capital LP acquired a new position in Flywire in the 4th quarter valued at about $30,621,000. Federated Hermes Inc. acquired a new position in Flywire in the 1st quarter valued at about $11,733,000. Finally, Teacher Retirement System of Texas acquired a new position in Flywire in the 4th quarter valued at about $24,363,000. Institutional investors and hedge funds own 95.90% of the company's stock.

Insider Activity at Flywire

In related news, Director Edwin J. Santos sold 5,466 shares of the business's stock in a transaction dated Thursday, June 5th. The stock was sold at an average price of $10.04, for a total value of $54,878.64. Following the transaction, the director now owns 21,990 shares in the company, valued at $220,779.60. The trade was a 19.91% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 4.40% of the stock is currently owned by insiders.

Flywire Company Profile

Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company's platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly.