Seaport Res Ptn Has Bearish Forecast for Flywire Q3 Earnings

Flywire Co. (NASDAQ:FLYW - Free Report) - Seaport Res Ptn dropped their Q3 2026 EPS estimates for shares of Flywire in a report released on Thursday, April 17th. Seaport Res Ptn analyst J. Cantwell now expects that the company will post earnings of $0.10 per share for the quarter, down from their prior forecast of $0.11. Seaport Res Ptn has a "Hold" rating on the stock. The consensus estimate for Flywire's current full-year earnings is $0.14 per share. Seaport Res Ptn also issued estimates for Flywire's Q4 2026 earnings at $0.03 EPS and FY2026 earnings at $0.05 EPS.

Flywire (NASDAQ:FLYW - Get Free Report) last announced its quarterly earnings results on Tuesday, February 25th. The company reported ($0.12) EPS for the quarter, missing the consensus estimate of ($0.01) by ($0.11). Flywire had a return on equity of 2.49% and a net margin of 4.23%. The business had revenue of $112.80 million for the quarter, compared to analyst estimates of $118.85 million.

Several other research analysts have also weighed in on FLYW. Raymond James lowered Flywire from a "strong-buy" rating to an "outperform" rating and reduced their target price for the stock from $29.00 to $17.00 in a report on Wednesday, February 26th. Morgan Stanley reduced their target price on shares of Flywire from $21.00 to $15.00 and set an "equal weight" rating for the company in a report on Wednesday, February 26th. Citigroup dropped their price target on shares of Flywire from $26.00 to $13.00 and set a "buy" rating for the company in a research report on Monday, March 24th. BTIG Research downgraded Flywire from a "buy" rating to a "neutral" rating in a research report on Wednesday, February 26th. Finally, Wells Fargo & Company dropped their price objective on shares of Flywire from $20.00 to $16.00 and set an "equal weight" rating for the company in a report on Wednesday, February 26th. One research analyst has rated the stock with a sell rating, ten have issued a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average target price of $17.00.

Flywire Stock Performance

Flywire stock traded down $0.08 on Friday, reaching $8.60. The company's stock had a trading volume of 2,267,886 shares, compared to its average volume of 1,704,867. The business's fifty day moving average price is $11.13 and its 200 day moving average price is $16.76. Flywire has a twelve month low of $8.20 and a twelve month high of $23.40. The company has a market cap of $1.06 billion, a price-to-earnings ratio of 57.33, a PEG ratio of 1.41 and a beta of 1.22.

Insider Activity at Flywire

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

Institutional Trading of Flywire

A number of hedge funds have recently added to or reduced their stakes in FLYW. Arizona State Retirement System boosted its stake in Flywire by 1.6% during the 4th quarter. Arizona State Retirement System now owns 32,215 shares of the company's stock valued at $664,000 after purchasing an additional 513 shares in the last quarter. Summit Investment Advisors Inc. boosted its stake in shares of Flywire by 6.8% during the 4th quarter. Summit Investment Advisors Inc. now owns 12,634 shares of the company's stock valued at $261,000 after buying an additional 802 shares during the period. Bayesian Capital Management LP grew its stake in shares of Flywire by 6.9% in the 4th quarter. Bayesian Capital Management LP now owns 20,059 shares of the company's stock valued at $414,000 after buying an additional 1,300 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of Flywire during the 4th quarter worth about $30,000. Finally, Harbor Capital Advisors Inc. raised its holdings in Flywire by 0.7% in the 4th quarter. Harbor Capital Advisors Inc. now owns 224,775 shares of the company's stock worth $4,635,000 after acquiring an additional 1,531 shares during the period. 95.90% of the stock is owned by institutional investors and hedge funds.

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.