Flywire's (FLYW) "Equal Weight" Rating Reaffirmed at Stephens

Key Points

• Flywire's stock received an "equal weight" rating from Stephens, with a price target of $13.00, indicating potential downside of 0.91% from its previous close.
• The company reported a 27.2% year-over-year revenue increase of $127.50 million, although it missed analysts' EPS estimates.
• Institutional investors hold 95.90% of Flywire's stock, with notable recent increases in stakes from Nisa Investment Advisors and CWM LLC.

Flywire (NASDAQ:FLYW - Get Free Report)'s stock had its "equal weight" rating reaffirmed by stock analysts at Stephens in a research note issued to investors on Monday,Benzinga reports. They currently have a $13.00 price target on the stock. Stephens' price objective points to a potential downside of 0.91% from the company's previous close.

FLYW has been the topic of a number of other research reports. Deutsche Bank Aktiengesellschaft initiated coverage on Flywire in a research note on Thursday, July 17th. They issued a "hold" rating and a $12.00 price objective on the stock. Wall Street Zen raised Flywire from a "sell" rating to a "hold" rating in a research report on Sunday, August 10th. B. Riley cut their target price on Flywire from $17.00 to $15.00 and set a "buy" rating on the stock in a research report on Monday, June 23rd. Truist Financial boosted their target price on Flywire from $12.00 to $13.00 and gave the company a "buy" rating in a research report on Thursday, July 17th. Finally, UBS Group boosted their target price on Flywire from $11.50 to $13.50 and gave the company a "neutral" rating in a research report on Wednesday, August 6th. Five research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $13.54.

Flywire Stock Down 3.2%

NASDAQ FLYW opened at $13.12 on Monday. The stock's 50 day moving average is $12.26 and its 200 day moving average is $10.98. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 0.08. Flywire has a 12 month low of $8.20 and a 12 month high of $23.40. The stock has a market cap of $1.60 billion, a PE ratio of 262.40, a P/E/G ratio of 2.77 and a beta of 1.29.

Flywire (NASDAQ:FLYW - Get Free Report) last posted 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). Flywire had a return on equity of 1.94% and a net margin of 1.27%.The business had revenue of $127.50 million during the quarter, compared to analysts' expectations of $119.65 million. During the same period in the prior year, the firm posted ($0.11) earnings per share. The firm's revenue for the quarter was up 27.2% on a year-over-year basis. Flywire has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Research analysts predict that Flywire will post 0.14 EPS for the current fiscal year.

Hedge Funds Weigh In On Flywire

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Nisa Investment Advisors LLC grew its stake in Flywire by 194.9% in the second quarter. Nisa Investment Advisors LLC now owns 3,279 shares of the company's stock valued at $38,000 after purchasing an additional 2,167 shares during the last quarter. Daiwa Securities Group Inc. grew its stake in Flywire by 78.4% in the second quarter. Daiwa Securities Group Inc. now owns 5,681 shares of the company's stock valued at $66,000 after purchasing an additional 2,497 shares during the last quarter. CWM LLC grew its stake in Flywire by 850.9% in the second quarter. CWM LLC now owns 6,447 shares of the company's stock valued at $75,000 after purchasing an additional 5,769 shares during the last quarter. JT Stratford LLC purchased a new position in Flywire in the first quarter valued at about $109,000. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in Flywire in the second quarter valued at about $119,000. Hedge funds and other institutional investors own 95.90% of the company's stock.

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.

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