Flywire Corporation (NASDAQ:FLYW) Given Average Rating of "Hold" by Brokerages

Key Points

• Flywire Corporation has an average rating of "Hold" from 15 brokerages, with one sell rating, nine hold ratings, and five buy ratings.
• The company's quarterly revenue increased by 27.2% year-over-year to $127.50 million, although it reported an EPS of ($0.09), missing estimates by ($0.02).
• Institutional investors own a significant 95.90% of Flywire's stock, with several hedge funds raising their holdings notably in the second quarter.

Flywire Corporation (NASDAQ:FLYW - Get Free Report) has earned an average recommendation of "Hold" from the fifteen brokerages that are presently covering the firm, MarketBeat.com reports. 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. The average 12-month target price among analysts that have covered the stock in the last year is $13.7083.

A number of equities research analysts recently commented on FLYW shares. Truist Financial increased their price target on Flywire from $12.00 to $13.00 and gave the stock a "buy" rating in a research report on Thursday, July 17th. Wall Street Zen upgraded Flywire from a "sell" rating to a "hold" rating in a report on Sunday, August 10th. Deutsche Bank Aktiengesellschaft initiated coverage on Flywire in a research note on Thursday, July 17th. They issued a "hold" rating and a $12.00 target price for the company. UBS Group upped their price target on shares of Flywire from $11.50 to $13.50 and gave the stock a "neutral" rating in a research report on Wednesday, August 6th. Finally, B. Riley lowered their price objective on shares of Flywire from $17.00 to $15.00 and set a "buy" rating for the company in a research report on Monday, June 23rd.

Flywire Trading Up 1.3%

Shares of Flywire stock opened at $13.53 on Thursday. Flywire has a 12-month low of $8.20 and a 12-month high of $23.40. The stock has a market capitalization of $1.65 billion, a P/E ratio of 270.60, a price-to-earnings-growth ratio of 2.81 and a beta of 1.29. The company has a 50-day simple moving average of $12.18 and a 200 day simple moving average of $10.93. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 0.08.

Flywire (NASDAQ:FLYW - Get Free Report) last released its quarterly earnings results on Tuesday, August 5th. The company reported ($0.09) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.02). The firm had revenue of $127.50 million during the quarter, compared to analyst estimates of $119.65 million. Flywire had a net margin of 1.27% and a return on equity of 1.94%. Flywire's quarterly revenue was up 27.2% on a year-over-year basis. During the same quarter last year, the firm earned ($0.11) earnings per share. Flywire has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts expect that Flywire will post 0.14 earnings per share for the current fiscal year.

Institutional Trading of Flywire

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Voss Capital LP lifted its holdings in Flywire by 176.0% during the 2nd quarter. Voss Capital LP now owns 8,100,000 shares of the company's stock worth $94,770,000 after buying an additional 5,165,014 shares in the last quarter. Divisadero Street Capital Management LP raised its position in shares of Flywire by 178.0% during the second quarter. Divisadero Street Capital Management LP now owns 4,784,654 shares of the company's stock worth $55,980,000 after acquiring an additional 3,063,518 shares during the last quarter. Azora Capital LP acquired a new position in shares of Flywire during the second quarter valued at $33,355,000. Wellington Management Group LLP acquired a new position in shares of Flywire during the first quarter valued at $15,782,000. Finally, Nuveen Asset Management LLC boosted its holdings in Flywire by 79.4% in the fourth quarter. Nuveen Asset Management LLC now owns 1,610,136 shares of the company's stock valued at $33,201,000 after acquiring an additional 712,843 shares during the last quarter. Institutional investors and hedge funds 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.