Top-Rated StocksTop-RatedNASDAQ:FLYW Flywire (FLYW) Stock Forecast, Price & News $29.54 +0.03 (+0.10%) (As of 04:00 PM ET) Add Compare Share Share Today's Range$29.16▼$30.4150-Day Range$27.34▼$31.2952-Week Range$14.56▼$32.01Volume766,730 shsAverage Volume827,315 shsMarket Capitalization$3.27 billionP/E RatioN/ADividend YieldN/APrice Target$32.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Flywire MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside8.3% Upside$32.00 Price TargetShort InterestHealthy2.71% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.69Based on 11 Articles This WeekInsider TradingSelling Shares$126.93 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.16) to ($0.02) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.70 out of 5 starsBusiness Services Sector294th out of 346 stocksBusiness Services, Not Elsewhere Classified Industry79th out of 92 stocks 1.5 Analyst's Opinion Consensus RatingFlywire has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $32.00, Flywire has a forecasted upside of 8.3% from its current price of $29.54.Amount of Analyst CoverageFlywire has only been the subject of 3 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.71% of the float of Flywire has been sold short.Short Interest Ratio / Days to CoverFlywire has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Flywire has recently decreased by 5.49%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldFlywire does not currently pay a dividend.Dividend GrowthFlywire does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FLYW. Previous Next 2.1 News and Social Media Coverage News SentimentFlywire has a news sentiment score of 0.69. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Business Services companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Flywire this week, compared to 4 articles on an average week.Search InterestOnly 5 people have searched for FLYW on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Flywire insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $126,933,750.00 in company stock.Percentage Held by InsidersOnly 5.00% of the stock of Flywire is held by insiders.Percentage Held by Institutions79.06% of the stock of Flywire is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Flywire are expected to grow in the coming year, from ($0.16) to ($0.02) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Flywire is -98.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Flywire is -98.46, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioFlywire has a P/B Ratio of 6.70. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Flywire (NASDAQ:FLYW) StockFlywire Corporation, together with its subsidiaries, operates as a payment enablement and software company in the United States, Canada, and the United Kingdom, 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; and 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. Flywire Corporation 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.Read More Receive FLYW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Flywire and its competitors with MarketBeat's FREE daily newsletter. Email Address FLYW Stock News HeadlinesMay 27, 2023 | americanbankingnews.comFlywire Co. (NASDAQ:FLYW) Director Matthew C. Harris Sells 169,716 Shares of StockMay 27, 2023 | americanbankingnews.comFlywire Co. (NASDAQ:FLYW) Receives Consensus Recommendation of "Buy" from AnalystsMay 30, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...May 25, 2023 | msn.comFlywire Expands TAM As It Nears Earnings BreakevenMay 25, 2023 | americanbankingnews.comPeter Butterfield Sells 11,232 Shares of Flywire Co. (NASDAQ:FLYW) StockMay 25, 2023 | americanbankingnews.comFlywire Co. (NASDAQ:FLYW) Director Sells $30,600,000.00 in StockMay 21, 2023 | americanbankingnews.comInsider Selling: Flywire Co. (NASDAQ:FLYW) CEO Sells $349,896.78 in StockMay 18, 2023 | americanbankingnews.comInsider Selling: Flywire Co. (NASDAQ:FLYW) Director Sells $1,004,770.00 in StockMay 30, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 18, 2023 | msn.comRBC Capital Reiterates Flywire (FLYW) Outperform RecommendationMay 17, 2023 | americanbankingnews.comFlywire Co. (NASDAQ:FLYW) CFO Michael G. Ellis Sells 12,000 SharesMay 17, 2023 | americanbankingnews.comInsider Selling: Flywire Co. (NASDAQ:FLYW) Major Shareholder Sells 2,850,000 Shares of StockMay 16, 2023 | markets.businessinsider.comFlywire (FLYW) Gets a Buy from RBC CapitalMay 16, 2023 | finance.yahoo.comFlywire Survey: Education IT Leaders are Critical to Creating a Positive Student ExperienceMay 15, 2023 | americanbankingnews.comInsider Selling: Flywire Co. (NASDAQ:FLYW) CTO Sells $141,478.75 in StockMay 14, 2023 | americanbankingnews.comFlywire Co. Expected to Post Q2 2023 Earnings of ($0.14) Per Share (NASDAQ:FLYW)May 13, 2023 | seekingalpha.comFlywire Corporation (FLYW) Q1 2023 Earnings Call TranscriptMay 13, 2023 | americanbankingnews.comFlywire Co. to Post FY2024 Earnings of $0.07 Per Share, William Blair Forecasts (NASDAQ:FLYW)May 13, 2023 | americanbankingnews.comBank of America Raises Flywire (NASDAQ:FLYW) Price Target to $36.00May 12, 2023 | msn.comMorgan Stanley Maintains Flywire (FLYW) Equal-Weight RecommendationMay 12, 2023 | msn.comB of A Securities Maintains Flywire (FLYW) Buy RecommendationMay 12, 2023 | msn.comRaymond James Maintains Flywire (FLYW) Strong Buy RecommendationMay 12, 2023 | americanbankingnews.comFlywire (NASDAQ:FLYW) Reaches New 12-Month High After Analyst UpgradeMay 11, 2023 | markets.businessinsider.comWhat 9 Analyst Ratings Have To Say About FlywireMay 11, 2023 | marketwatch.comGlobal Digital Cross-Border Remittance Market [2023-2031]: Booming Industry with Promising Growth OpportunitiesMay 11, 2023 | americanbankingnews.comFlywire (NASDAQ:FLYW) Price Target Increased to $34.00 by Analysts at StephensMay 10, 2023 | theglobeandmail.comFlywire (NASDAQ:FLYW) Reports Strong Q1, Stock SoarsSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive FLYW Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Flywire and its competitors with MarketBeat's FREE daily newsletter. Email Address FLYW Company Calendar Last Earnings2/28/2023Today5/30/2023Next Earnings (Estimated)8/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Business services, not elsewhere classified Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:FLYW CUSIPN/A CIK1580560 Webwww.flywire.com Phone617-329-4524FaxN/AEmployees665Year FoundedN/APrice Target and Rating Average Stock Price Forecast$32.00 High Stock Price Forecast$36.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+8.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)($0.30) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-39,350,000.00 Net Margins-10.30% Pretax Margin-9.70% Return on Equity-6.89% Return on Assets-5.17% Debt Debt-to-Equity RatioN/A Current Ratio3.41 Quick Ratio3.41 Sales & Book Value Annual Sales$289.38 million Price / Sales11.31 Cash FlowN/A Price / Cash FlowN/A Book Value$4.41 per share Price / Book6.70Miscellaneous Outstanding Shares110,760,000Free Float105,219,000Market Cap$3.27 billion OptionableNot Optionable Beta1.15 Key ExecutivesMr. Michael Massaro (Age 44)CEO & Director Comp: $717.35kMr. Robert Orgel (Age 53)Pres & COO Comp: $543.84kMr. Michael G. Ellis (Age 54)Chief Financial Officer Comp: $467.9kMr. David R. King (Age 54)Chief Technology Officer Mr. Akil HollisVP of Financial Planning & Analysis and Investor RelationsMr. Peter Butterfield (Age 58)Gen. Counsel & Chief Compliance Officer Ms. Allison MacLeodChief Marketing OfficerMr. Uday SethVP of Bus. Operations & Corp. Devel.Mr. Gary CunninghamChief People OfficerMs. Sharon Butler (Age 57)Exec. VP of Global Education More ExecutivesKey CompetitorsWNSNYSE:WNSEnvestnetNYSE:ENVDLocalNASDAQ:DLOCBIZNYSE:CBZNuveiNASDAQ:NVEIView All CompetitorsInsiders & InstitutionsMatthew C HarrisSold 169,716 sharesTotal: $5.06 M ($29.81/share)Ameriprise Financial Inc.Sold 341,427 shares on 5/22/2023Ownership: 2.360%Matthew C HarrisSold 1,000,000 sharesTotal: $30.60 M ($30.60/share)JPMorgan Chase & Co.Bought 25,608 shares on 5/18/2023Ownership: 0.879%New York State Common Retirement FundBought 103,812 shares on 5/18/2023Ownership: 0.133%View All Insider TransactionsView All Institutional Transactions FLYW Stock - Frequently Asked Questions Should I buy or sell Flywire stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Flywire in the last twelve months. There are currently 1 hold rating, 6 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" FLYW shares. View FLYW analyst ratings or view top-rated stocks. What is Flywire's stock price forecast for 2023? 8 brokerages have issued 12 month price targets for Flywire's stock. Their FLYW share price forecasts range from $25.00 to $36.00. On average, they anticipate the company's stock price to reach $32.00 in the next year. This suggests a possible upside of 8.3% 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 2023? Flywire's stock was trading at $24.47 at the start of the year. Since then, FLYW stock has increased by 20.7% and is now trading at $29.54. View the best growth stocks for 2023 here. Are investors shorting Flywire? Flywire saw a decline in short interest in the month of May. As of May 15th, there was short interest totaling 2,580,000 shares, a decline of 5.5% from the April 30th total of 2,730,000 shares. Based on an average daily trading volume, of 854,800 shares, the days-to-cover ratio is presently 3.0 days. Currently, 2.7% of the company's shares are sold short. View Flywire's Short Interest. When is Flywire's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023. View our FLYW earnings forecast. How were Flywire's earnings last quarter? Flywire Co. (NASDAQ:FLYW) released its earnings results on Tuesday, February, 28th. The company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.11) by $0.10. The business earned $73.05 million during the quarter, compared to the consensus estimate of $65.50 million. Flywire had a negative trailing twelve-month return on equity of 6.89% and a negative net margin of 10.30%. The firm's revenue was up 42.1% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.11) EPS. What ETFs hold Flywire's stock? ETFs with the largest weight of Flywire (NASDAQ:FLYW) stock in their portfolio include Innovator IBD 50 ETF (FFTY), Fidelity Crypto Industry and Digital Payments ETF (FDIG), ETFMG Prime Mobile Payments ETF (IPAY), Global X FinTech Thematic ETF (FINX), Invesco Raymond James SB-1 Equity ETF (RYJ), First Trust Small Cap Growth AlphaDEX Fund (FYC), First Trust Multi-Manager Small Cap Opportunities ETF (MMSC) and AAM Transformers ETF (TRFM). What guidance has Flywire issued on next quarter's earnings? Flywire updated its second quarter 2023 earnings guidance on Tuesday, May, 9th. The company provided EPS guidance of for the period. The company issued revenue guidance of $76.00 million-$81.00 million, compared to the consensus revenue estimate of $71.00 million. When did Flywire IPO? (FLYW) raised $200 million in an initial public offering (IPO) on Wednesday, May 26th 2021. The company issued 8,700,000 shares at a price of $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. What is Flywire's stock symbol? Flywire trades on the NASDAQ under the ticker symbol "FLYW." Who are Flywire's major shareholders? Flywire's stock is owned by many different institutional and retail investors. Top institutional shareholders include BlackRock Inc. (3.47%), Ameriprise Financial Inc. (2.36%), Fred Alger Management LLC (2.23%), Blair William & Co. IL (2.04%), GW&K Investment Management LLC (2.03%) and Allspring Global Investments Holdings LLC (1.67%). Insiders that own company stock include Alex Finkelstein, Bain Capital Venture Investors, David R King, 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Flywire's stock price today? One share of FLYW stock can currently be purchased for approximately $29.54. How much money does Flywire make? Flywire (NASDAQ:FLYW) has a market capitalization of $3.27 billion and generates $289.38 million in revenue each year. The company earns $-39,350,000.00 in net income (profit) each year or ($0.30) on an earnings per share basis. How many employees does Flywire have? The company employs 665 workers across the globe. How can I contact Flywire? Flywire's mailing address is 141 TREMONT STREET SUITE 10, BOSTON MA, 02111. The official website for the company is www.flywire.com. The company can be reached via phone at 617-329-4524 or via email at flywireir@icrinc.com. This page (NASDAQ:FLYW) was last updated on 5/30/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Flywire Co. Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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