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Flywire (NASDAQ:FLYW) Reaches New 52-Week High Following Strong Earnings

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Key Points

  • Shares hit a 52-week high after Flywire reported a Q1 beat with EPS of $0.10 vs. $0.03 expected and revenue of $184.0M (up 40.9% YoY), driving a strong intraday move in the stock.
  • Management launched an accelerated share repurchase of up to $50 million and several analysts raised price targets (BTIG to $20), supporting near-term momentum.
  • Risks remain: operating cash flow was negative in the quarter, some margins were pressured year-over-year, and recent insider selling adds a cautionary signal for valuation and sustainability.
  • MarketBeat previews the top five stocks to own by June 1st.

Flywire Corporation (NASDAQ:FLYW - Get Free Report)'s stock price hit a new 52-week high on Wednesday after the company announced better than expected quarterly earnings. The stock traded as high as $16.93 and last traded at $16.4570, with a volume of 1122157 shares. The stock had previously closed at $14.53.

The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.03 by $0.07. Flywire had a return on equity of 2.76% and a net margin of 2.17%.The business had revenue of $184.00 million for the quarter, compared to analyst estimates of $170.24 million. During the same quarter in the prior year, the company posted ($0.03) EPS. The company's quarterly revenue was up 40.9% on a year-over-year basis.

Key Flywire News

Here are the key news stories impacting Flywire this week:

  • Positive Sentiment: Q1 beat — Flywire reported revenue growth of roughly 41% YoY and EPS of $0.10, topping estimates and citing new client wins across verticals. This is the primary catalyst behind the stock jump. GlobeNewswire: Q1 Results
  • Positive Sentiment: Share-buyback boost — Management launched an accelerated share repurchase program for up to $50 million, which reduces share count and signals confidence from the board. MSN: ASR and Guidance
  • Positive Sentiment: Analyst upgrade/target raise — BTIG bumped its price target to $20 and issued a Buy, implying meaningful upside vs. recent levels and supporting momentum. Benzinga: BTIG Raise
  • Neutral Sentiment: Updated guidance — Flywire provided Q2 revenue guidance of roughly $147.4M–$154.9M (vs. consensus ~$152.5M) and FY revenue range of about $711.7M–$747.8M (vs. consensus ~$726.1M); investors will watch execution against these ranges. MarketBeat: Guidance & Slides
  • Neutral Sentiment: Earnings call detail — Full Q1 earnings call transcript and slide deck are available for deeper read on client wins, margins and product traction. Seeking Alpha: Call Transcript
  • Negative Sentiment: Cash flow and margin watchers — Quiver/filings show operating cash flow was negative in the quarter and some profitability line items were pressured YoY; sustainable margin improvement and cash generation remain risks to validate the valuation. Seeking Alpha / Quiver data
  • Negative Sentiment: Insider selling activity — Recent insider sales (reported in summaries) could be perceived as a mild negative signal; monitor insider trends. Quiver: Insider & Financial Snapshot

Analysts Set New Price Targets

FLYW has been the topic of several recent analyst reports. Weiss Ratings reaffirmed a "sell (d)" rating on shares of Flywire in a research note on Tuesday, April 21st. Wall Street Zen raised Flywire from a "hold" rating to a "buy" rating in a research note on Saturday, April 18th. B. Riley Financial increased their target price on Flywire from $15.00 to $20.00 and gave the stock a "buy" rating in a research note on Friday, January 9th. Stephens raised Flywire from an "equal weight" rating to an "overweight" rating and increased their target price for the stock from $17.00 to $19.00 in a research note on Friday, January 16th. Finally, BTIG Research increased their target price on Flywire from $17.00 to $20.00 and gave the stock a "buy" rating in a research note on Wednesday. Eight analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $16.67.

View Our Latest Stock Analysis on Flywire

Insider Transactions at Flywire

In other news, General Counsel Peter Butterfield sold 9,009 shares of the stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $13.05, for a total value of $117,567.45. Following the transaction, the general counsel owned 532,962 shares in the company, valued at approximately $6,955,154.10. This represents a 1.66% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, major shareholder Voss Capital, Lp acquired 25,000 shares of the company's stock in a transaction dated Friday, February 13th. The stock was acquired at an average price of $10.99 per share, for a total transaction of $274,750.00. Following the acquisition, the insider owned 2,300,000 shares in the company, valued at approximately $25,277,000. The trade was a 1.10% increase in their position. The SEC filing for this purchase provides additional information. 4.40% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. CIBC Private Wealth Group LLC purchased a new position in shares of Flywire in the 3rd quarter valued at about $1,253,000. GDS Wealth Management grew its stake in Flywire by 9.0% during the 3rd quarter. GDS Wealth Management now owns 1,039,320 shares of the company's stock worth $14,072,000 after buying an additional 85,411 shares during the last quarter. BlueCrest Capital Management Ltd purchased a new position in Flywire during the 3rd quarter worth approximately $1,354,000. Jennison Associates LLC grew its stake in Flywire by 35.2% during the 4th quarter. Jennison Associates LLC now owns 4,420,633 shares of the company's stock worth $62,596,000 after buying an additional 1,150,802 shares during the last quarter. Finally, Advisory Research Inc. purchased a new position in Flywire during the 3rd quarter worth approximately $1,575,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

Flywire Trading Up 14.4%

The business has a 50 day moving average of $12.57 and a 200-day moving average of $13.12. The stock has a market cap of $2.02 billion, a PE ratio of 165.99, a P/E/G ratio of 1.19 and a beta of 1.30.

About Flywire

(Get Free Report)

Flywire Corp NASDAQ: FLYW is a global payments enablement and software company that specializes in facilitating complex cross-border transactions. Its cloud-based platform streamlines receivables and payer workflows across key verticals including education, healthcare, travel and hospitality, and commercial services. Flywire's technology integrates with institutional systems to automate payment posting, reconciliation and reporting, aiming to improve the payer experience and accelerate cash flow for its clients.

Founded in 2009 by entrepreneur Iker Marcaide as peerTransfer, the company rebranded as Flywire in 2015.

See Also

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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