B. Riley Issues Pessimistic Forecast for Flywire Earnings

Flywire Corporation (NASDAQ:FLYW - Free Report) - Equities researchers at B. Riley reduced their Q2 2025 EPS estimates for Flywire in a research report issued on Monday, June 23rd. B. Riley analyst H. Goetsch now forecasts that the company will earn ($0.03) per share for the quarter, down from their previous forecast 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.

FLYW has been the subject of several other reports. Wolfe Research reiterated a "peer perform" rating on shares of Flywire in a report on Wednesday, April 23rd. Stephens downgraded shares of Flywire from an "overweight" rating to an "equal weight" rating and reduced their price target for the company from $26.00 to $15.00 in a research report on Wednesday, February 26th. Royal Bank Of Canada lowered their price objective on shares of Flywire from $20.00 to $17.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 7th. UBS Group lowered Flywire from a "buy" rating to a "neutral" rating and reduced their target price for the company from $25.00 to $15.00 in a report on Wednesday, February 26th. Finally, Morgan Stanley decreased their target price on Flywire from $21.00 to $15.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, Flywire currently has a consensus rating of "Hold" and an average target price of $15.00.

Flywire Trading Up 3.4%

Shares of NASDAQ FLYW opened at $11.40 on Wednesday. The business has a fifty day simple moving average of $10.36 and a 200-day simple moving average of $13.93. The company has a quick ratio of 2.02, a current ratio of 2.02 and a debt-to-equity ratio of 0.08. The company has a market cap of $1.39 billion, a price-to-earnings ratio of 285.00, a P/E/G ratio of 1.58 and a beta of 1.27. Flywire has a 12 month low of $8.20 and a 12 month high of $23.40.

Flywire (NASDAQ:FLYW - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported $0.03 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.02. The business 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%. The company's revenue was up 17.0% compared to the same quarter last year. During the same period last year, the company posted ($0.05) EPS.

Insider Activity at Flywire

In other Flywire news, Director Edwin J. Santos sold 5,000 shares of Flywire stock in a transaction that occurred on Friday, June 6th. The shares were sold at an average price of $10.50, for a total value of $52,500.00. Following the completion of the sale, the director now directly owns 16,990 shares in the company, valued at $178,395. The trade was a 22.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 4.40% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of FLYW. Vanguard Group Inc. boosted its holdings in Flywire by 6.9% in the fourth quarter. Vanguard Group Inc. now owns 12,087,221 shares of the company's stock worth $249,238,000 after purchasing an additional 781,711 shares in the last quarter. Voss Capital LP boosted its position in Flywire by 97.6% during the first quarter. Voss Capital LP now owns 2,934,986 shares of the company's stock worth $27,882,000 after purchasing an additional 1,449,986 shares during the period. Geode Capital Management LLC boosted its position in Flywire by 1.0% during the fourth quarter. Geode Capital Management LLC now owns 2,828,430 shares of the company's stock worth $58,335,000 after purchasing an additional 28,944 shares during the period. Wasatch Advisors LP grew its holdings in Flywire by 62.1% during the fourth quarter. Wasatch Advisors LP now owns 2,741,644 shares of the company's stock valued at $56,533,000 after purchasing an additional 1,049,888 shares during the last quarter. Finally, Franklin Resources Inc. raised its position in shares of Flywire by 1.1% in the fourth quarter. Franklin Resources Inc. now owns 1,966,179 shares of the company's stock valued at $40,543,000 after purchasing an additional 21,818 shares during the period. Institutional investors own 95.90% of the company's stock.

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.

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