Flywire (FLYW) Expected to Announce Quarterly Earnings on Tuesday

Flywire (NASDAQ:FLYW - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results after the market closes on Tuesday, May 6th. Analysts expect Flywire to post earnings of $0.01 per share and revenue of $124.18 million for the quarter. Flywire has set its FY 2025 guidance at EPS and its Q1 2025 guidance at EPS.

Flywire (NASDAQ:FLYW - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.11). The company had revenue of $112.80 million for the quarter, compared to the consensus estimate of $118.85 million. Flywire had a return on equity of 2.49% and a net margin of 4.23%. On average, analysts expect Flywire to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Flywire Stock Performance

FLYW remained flat at $9.57 during trading on Friday. 1,421,683 shares of the company were exchanged, compared to its average volume of 1,746,588. The business's fifty day moving average price is $9.61 and its 200 day moving average price is $16.35. Flywire has a fifty-two week low of $8.20 and a fifty-two week high of $23.40. The company has a market cap of $1.18 billion, a PE ratio of 63.80, a P/E/G ratio of 1.41 and a beta of 1.22.

Insider Activity

In related news, General Counsel Peter Butterfield sold 5,523 shares of the stock in a transaction that occurred on Monday, March 10th. The shares were sold at an average price of $10.08, for a total value of $55,671.84. Following the completion of the transaction, the general counsel now owns 247,561 shares of the company's stock, valued at $2,495,414.88. This represents a 2.18 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gretchen Howard bought 8,889 shares of the firm's stock in a transaction on Thursday, February 27th. The shares were bought at an average cost of $10.94 per share, for a total transaction of $97,245.66. Following the purchase, the director now owns 30,770 shares of the company's stock, valued at approximately $336,623.80. The trade was a 40.62 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 3.90% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on FLYW shares. Royal Bank of Canada reduced their target price on Flywire from $25.00 to $20.00 and set an "outperform" rating for the company in a research note on Wednesday, February 26th. Seaport Res Ptn lowered shares of Flywire from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 14th. B. Riley reaffirmed a "buy" rating and set a $17.00 target price (down previously from $29.00) on shares of Flywire in a report on Friday. Wells Fargo & Company lowered their price target on shares of Flywire from $20.00 to $16.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 26th. Finally, UBS Group downgraded Flywire from a "buy" rating to a "neutral" rating and decreased their target price for the company from $25.00 to $15.00 in a research report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $16.00.

About Flywire

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.