Flywire (FLYW) Stock Price, News & Analysis

$19.81
-0.44 (-2.17%)
(As of 05/3/2024 ET)
Today's Range
$19.53
$20.75
50-Day Range
$19.81
$28.85
52-Week Range
$18.65
$35.80
Volume
1.30 million shs
Average Volume
1.30 million shs
Market Capitalization
$2.43 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$34.27

Flywire MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.94 Rating Score
Upside/​Downside
73.0% Upside
$34.27 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.07mentions of Flywire in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$3.74 M Sold Last Quarter
Proj. Earnings Growth
733.33%
From $0.03 to $0.25 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.79 out of 5 stars

Business Services Sector

83rd out of 312 stocks

Business Services, Not Elsewhere Classified Industry

38th out of 88 stocks

FLYW stock logo

About Flywire Stock (NASDAQ:FLYW)

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. It serves education, healthcare, travel, and business to business organizations. The company was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts.

FLYW Stock Price History

FLYW Stock News Headlines

Flywire (FLYW) to Release Earnings on Tuesday
Elon’s New Device is About to Shock the World
Using this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.”
Flywire Enters Oversold Territory (FLYW)
Elon’s New Device is About to Shock the World
Using this device you see above… Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in… “The next step in human evolution.”
Flywire CEO sells shares worth over $430k
Morgan Stanley Downgrades Flywire (FLYW)
Flywire price target raised by $3 at BofA, here's why
Evaluating Flywire: Insights From 12 Financial Analysts
Flywire Full Year 2023 Earnings: Beats Expectations
Flywire to Attend Upcoming Investor Conferences
Why Flywire (FLYW) Stock Is Up Today
See More Headlines
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Company Calendar

Last Earnings
2/27/2024
Today
5/05/2024
Next Earnings (Confirmed)
5/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Business services, not elsewhere classified
Sub-Industry
N/A
Current Symbol
NASDAQ:FLYW
Fax
N/A
Employees
1,200
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$34.27
High Stock Price Target
$41.00
Low Stock Price Target
$25.00
Potential Upside/Downside
+73.0%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.94
Research Coverage
16 Analysts

Profitability

Net Income
$-8,570,000.00
Pretax Margin
-1.08%

Debt

Sales & Book Value

Annual Sales
$403.09 million
Cash Flow
$0.07 per share
Book Value
$6.41 per share

Miscellaneous

Free Float
116,687,000
Market Cap
$2.43 billion
Optionable
Optionable
Beta
1.09
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Key Executives


FLYW Stock Analysis - Frequently Asked Questions

Should I buy or sell Flywire stock right now?

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flywire in the last twelve months. There are currently 2 hold ratings, 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" FLYW shares.
View FLYW analyst ratings
or view top-rated stocks.

What is Flywire's stock price target for 2024?

16 Wall Street research analysts have issued twelve-month price objectives for Flywire's stock. Their FLYW share price targets range from $25.00 to $41.00. On average, they anticipate the company's share price to reach $34.27 in the next twelve months. This suggests a possible upside of 73.0% from the stock's current price.
View analysts price targets for FLYW
or view top-rated stocks among Wall Street analysts.

How have FLYW shares performed in 2024?

Flywire's stock was trading at $23.15 at the beginning of 2024. Since then, FLYW shares have decreased by 14.4% and is now trading at $19.81.
View the best growth stocks for 2024 here
.

When is Flywire's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024.
View our FLYW earnings forecast
.

How can I listen to Flywire's earnings call?

Flywire will be holding an earnings conference call on Tuesday, May 7th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Flywire's earnings last quarter?

Flywire Co. (NASDAQ:FLYW) released its quarterly earnings results on Tuesday, February, 27th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.08) by $0.09. The firm earned $100.55 million during the quarter, compared to analyst estimates of $88.52 million. Flywire had a negative net margin of 2.13% and a negative trailing twelve-month return on equity of 1.35%. The company's quarterly revenue was up 37.6% on a year-over-year basis. During the same period in the previous year, the company earned ($0.01) EPS.

What ETFs hold Flywire's stock?
What guidance has Flywire issued on next quarter's earnings?

Flywire updated its first quarter 2024 earnings guidance on Tuesday, February, 27th. The company provided EPS guidance of for the period. The company issued revenue guidance of $106.0 million-$111.0 million, compared to the consensus revenue estimate of $117.2 million.

When did Flywire IPO?

Flywire (FLYW) raised $200 million in an initial public offering (IPO) on Wednesday, May 26th 2021. The company issued 8,700,000 shares at $22.00-$24.00 per share. Goldman Sachs, J.P. Morgan, Citigroup and BofA Securities acted as the underwriters for the IPO and Raymond James, RBC Capital Markets, William Blair, Guggenheim Securities, Nomura, AmeriVet Securities, Ramirez & Co., Siebert Williams Shank and Telsey Advisory Group were co-managers.

Who are Flywire's major shareholders?

Flywire's stock is owned by many different retail and institutional investors. Top institutional investors include Jennison Associates LLC (1.52%), Principal Financial Group Inc. (0.86%), Raymond James & Associates (0.53%), Raymond James Financial Services Advisors Inc. (0.19%), WoodTrust Financial Corp (0.03%) and Capstone Investment Advisors LLC (0.02%). Insiders that own company stock include Alex Finkelstein, Bain Capital Venture Investors, David R King, Edwin J Santos, Enrique T Salem, Goldman Sachs Group Inc, Jo Natauri, Matthew C Harris, Michael G Ellis, Michael Massaro, Peter Butterfield, Phillip John Riese and Rob Orgel.
View institutional ownership trends
.

How do I buy shares of Flywire?

Shares of FLYW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FLYW) was last updated on 5/5/2024 by MarketBeat.com Staff

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