Flywire (FLYW) to Release Earnings on Tuesday

Flywire (NASDAQ:FLYW - Get Free Report) is expected to be issuing its Q1 2025 quarterly earnings data after the market closes on Tuesday, May 6th. Analysts expect the company to announce 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 earnings results on Tuesday, February 25th. The company reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.11). The firm had revenue of $112.80 million for the quarter, compared to analyst estimates of $118.85 million. Flywire had a net margin of 4.23% and a return on equity of 2.49%. 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

Shares of NASDAQ:FLYW traded up $0.16 during trading on Thursday, reaching $9.57. The stock had a trading volume of 1,398,837 shares, compared to its average volume of 1,743,964. The business has a fifty day moving average price of $9.77 and a 200-day moving average price of $16.41. Flywire has a 1-year low of $8.20 and a 1-year high of $23.40. The stock has a market cap of $1.18 billion, a PE ratio of 63.80, a PEG ratio of 1.41 and a beta of 1.22.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on FLYW shares. The Goldman Sachs Group dropped their target price on shares of Flywire from $15.00 to $11.00 and set a "neutral" rating for the company in a report on Wednesday, April 2nd. Seaport Res Ptn downgraded shares of Flywire from a "strong-buy" rating to a "hold" rating in a report on Tuesday, January 14th. JPMorgan Chase & Co. reissued an "underweight" rating and issued a $9.00 target price (down from $16.00) on shares of Flywire in a research note on Monday, April 14th. UBS Group lowered Flywire from a "buy" rating to a "neutral" rating and dropped their price target for the company from $25.00 to $15.00 in a research report on Wednesday, February 26th. Finally, Raymond James lowered Flywire from a "strong-buy" rating to an "outperform" rating and lowered their price objective for the stock from $29.00 to $17.00 in a research note on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $17.00.

Insiders Place Their Bets

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 transaction 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 approximately $2,495,414.88. This trade represents a 2.18 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gretchen Howard bought 8,889 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The stock was bought at an average price of $10.94 per share, with a total value of $97,245.66. Following the acquisition, the director now directly owns 30,770 shares in the company, valued at $336,623.80. The trade was a 40.62 % increase in their position. The disclosure for this purchase can be found here. 3.90% 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.