Top-Rated StocksTop-RatedNASDAQ:FLYW Flywire (FLYW) Stock Forecast, Price & News $31.89 -0.19 (-0.59%) (As of 09/29/2023 08:52 PM ET) Add Compare Share Share Today's Range$31.65▼$32.8450-Day Range$30.27▼$35.0552-Week Range$17.16▼$35.80Volume493,700 shsAverage Volume1.03 million shsMarket Capitalization$3.58 billionP/E RatioN/ADividend YieldN/APrice Target$36.71 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Flywire MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside15.1% Upside$36.71 Price TargetShort InterestHealthy2.98% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.84Based on 13 Articles This WeekInsider TradingSelling Shares$8 M Sold Last QuarterProj. Earnings GrowthGrowingFrom ($0.19) to ($0.01) 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.2.44 out of 5 starsBusiness Services Sector106th out of 312 stocksBusiness Services, Not Elsewhere Classified Industry35th out of 89 stocks 3.5 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 10 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $36.71, Flywire has a forecasted upside of 15.1% from its current price of $31.89.Amount of Analyst CoverageFlywire has been the subject of 7 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.98% 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 10.97%, 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 2.7 News and Social Media Coverage News SentimentFlywire has a news sentiment score of 0.84. 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 is a higher news sentiment than the 0.69 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 13 news articles for Flywire this week, compared to 3 articles on an average week.Search InterestOnly 1 people have searched for FLYW on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Flywire to their MarketBeat watchlist in the last 30 days. This is a decrease of -71% 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 $8,001,413.00 in company stock.Percentage Held by InsidersOnly 5.00% of the stock of Flywire is held by insiders.Percentage Held by Institutions92.55% 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 ($0.19) to ($0.01) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Flywire is -138.65, 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 -138.65, 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 7.23. 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 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; 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. 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.Read More FLYW Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FLYW Stock News HeadlinesSeptember 30, 2023 | americanbankingnews.comFlywire (NASDAQ:FLYW) Now Covered by BTIG ResearchSeptember 29, 2023 | msn.comBTIG Initiates Coverage of Flywire (FLYW) with Buy RecommendationOctober 2, 2023 | Stansberry Research (Ad)Investing Legend Warns: NVIDIA is a "Delusion"Irrational investment in this tech giant may have made it “too big to succeed” says this renowned expert. Read this before you buy shares.September 28, 2023 | markets.businessinsider.comWhere Flywire Stands With AnalystsSeptember 28, 2023 | cnbc.comHere are Thursday's biggest analyst calls: Meta, Apple, Amazon, GE, Sunrun, Micron, Microsoft & moreSeptember 26, 2023 | finance.yahoo.comFlywire Global Education Survey: Payments Are a Path to Better Student OutcomesSeptember 24, 2023 | americanbankingnews.comFlywire Co. (NASDAQ:FLYW) Receives Average Rating of "Buy" from BrokeragesSeptember 20, 2023 | finance.yahoo.comFlywire appoints Gretchen Howard to its Board of DirectorsOctober 2, 2023 | Stansberry Research (Ad)Investing Legend Warns: NVIDIA is a "Delusion"Irrational investment in this tech giant may have made it “too big to succeed” says this renowned expert. Read this before you buy shares.September 12, 2023 | seekingalpha.comFlywire: Customer Growth And M&A Could Imply UndervaluationSeptember 7, 2023 | finance.yahoo.comFlywire to Participate in Autonomous Future of Commerce Virtual SymposiumSeptember 5, 2023 | finance.yahoo.comFlywire Corporation (NASDAQ:FLYW): Is Breakeven Near?August 31, 2023 | msn.comFlywire (FLYW) Price Target Increased by 8.38% to 39.69August 22, 2023 | msn.comJP Morgan Maintains Flywire (FLYW) Overweight RecommendationAugust 18, 2023 | finance.yahoo.comFlywire Stock Sees Relative Strength Rating Jump To 91August 14, 2023 | barrons.comFlywire Corp.August 10, 2023 | theglobeandmail.comWhy Flywire (FLYW) Stock Is Falling TodayAugust 10, 2023 | finance.yahoo.comFlywire Announces Pricing of Follow-On OfferingAugust 9, 2023 | finanznachrichten.deFlywire Corporation: Flywire Reports Second Quarter 2023 Financial ResultsAugust 9, 2023 | msn.comFlywire to raise $250M via follow-on stock offering, shares fallAugust 9, 2023 | finance.yahoo.comQ2 2023 Flywire Corp Earnings CallAugust 9, 2023 | finance.yahoo.comFlywire Launches Proposed Follow-On OfferingAugust 9, 2023 | finance.yahoo.comFlywire (FLYW) Q2 2023 Earnings Call TranscriptAugust 9, 2023 | seekingalpha.comFlywire Corporation 2023 Q2 - Results - Earnings Call PresentationAugust 8, 2023 | msn.comFlywire GAAP EPS of -$0.15, revenue of $84.9MAugust 8, 2023 | finance.yahoo.comFMR LLC Boosts Stake in Flywire CorpAugust 8, 2023 | finance.yahoo.comFlywire Reports Second Quarter 2023 Financial ResultsSee More Headlines 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 Earnings8/08/2023Today10/01/2023Next Earnings (Estimated)11/14/2023Fiscal 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/AEmployees1,000Year FoundedN/APrice Target and Rating Average Stock Price Forecast$36.71 High Stock Price Forecast$44.00 Low Stock Price Forecast$25.00 Forecasted Upside/Downside+15.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)($0.23) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-39,350,000.00 Net Margins-7.45% Pretax Margin-6.90% Return on Equity-5.35% Return on Assets-4.02% Debt Debt-to-Equity RatioN/A Current Ratio3.15 Quick Ratio3.15 Sales & Book Value Annual Sales$289.38 million Price / Sales12.36 Cash FlowN/A Price / Cash FlowN/A Book Value$4.41 per share Price / Book7.23Miscellaneous Outstanding Shares112,170,000Free Float106,560,000Market Cap$3.58 billion OptionableNot Optionable Beta1.13 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Michael Massaro (Age 43)CEO & Director Comp: $685.45kMr. Robert Orgel (Age 53)Pres & COO Comp: $555kMr. Michael G. Ellis (Age 54)Chief Financial Officer Comp: $532.21kMr. David R. King (Age 54)Chief Technology Officer Comp: $434.19kMs. Sharon Butler (Age 57)Exec. VP of Global Education Comp: $517.17kMs. Barbara CousinsCIO, CISO & Head of Internal AuditMr. Akil HollisVP of Financial Planning & Analysis and Investor RelationsMr. Peter Butterfield (Age 58)Gen. Counsel & Chief Compliance Officer Ms. Allison MacLeodChief Marketing OfficerMr. Uday SethSr. VP of Bus. Operations & Corp. Devel.More ExecutivesKey CompetitorsConcentrixNASDAQ:CNXCWNSNYSE:WNSCBIZNYSE:CBZShift4 PaymentsNYSE:FOUREnvestnetNYSE:ENVView All CompetitorsInsiders & InstitutionsMichael MassaroSold 11,457 sharesTotal: $354,365.01 ($30.93/share)Michael G EllisSold 6,500 sharesTotal: $203,450.00 ($31.30/share)Michael MassaroSold 11,457 sharesTotal: $366,051.15 ($31.95/share)California State Teachers Retirement SystemBought 59,378 shares on 8/21/2023Ownership: 0.096%Osaic Holdings Inc.Sold 6,379 shares on 8/21/2023Ownership: 0.050%View All Insider TransactionsView All Institutional Transactions FLYW Stock - Frequently Asked Questions Should I buy or sell Flywire stock right now? 12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Flywire in the last year. There are currently 1 hold rating, 10 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street 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? 12 Wall Street analysts have issued 12 month price objectives for Flywire's shares. Their FLYW share price forecasts range from $25.00 to $44.00. On average, they predict the company's share price to reach $36.71 in the next twelve months. This suggests a possible upside of 15.1% 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 30.3% and is now trading at $31.89. View the best growth stocks for 2023 here. Are investors shorting Flywire? Flywire saw a drop in short interest in September. As of September 15th, there was short interest totaling 3,410,000 shares, a drop of 11.0% from the August 31st total of 3,830,000 shares. Based on an average trading volume of 1,140,000 shares, the days-to-cover ratio is currently 3.0 days. Currently, 3.0% of the company's stock 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, November 14th 2023. View our FLYW earnings forecast. How were Flywire's earnings last quarter? Flywire Co. (NASDAQ:FLYW) released its quarterly earnings data on Tuesday, August, 8th. The company reported ($0.15) EPS for the quarter, hitting analysts' consensus estimates of ($0.15). The business had revenue of $84.87 million for the quarter, compared to analyst estimates of $73.53 million. Flywire had a negative trailing twelve-month return on equity of 5.35% and a negative net margin of 7.45%. Flywire's revenue for the quarter was up 50.1% on a year-over-year basis. During the same period last year, the business posted ($0.22) earnings per share. What ETFs hold Flywire's stock? ETFs with the largest weight of Flywire (NASDAQ:FLYW) stock in their portfolio include Fidelity Disruptive Finance ETF (FDFF), Alger Weatherbie Enduring Growth ETF (AWEG), Fidelity Crypto Industry and Digital Payments ETF (FDIG), ETFMG Prime Mobile Payments ETF (IPAY), Global X FinTech Thematic ETF (FINX), Innovator IBD 50 ETF (FFTY) and Invesco Raymond James SB-1 Equity ETF (RYJ).Franklin Disruptive Commerce ETF (BUYZ). What guidance has Flywire issued on next quarter's earnings? Flywire updated its FY 2023 earnings guidance on Tuesday, August, 8th. The company provided EPS guidance of for the period. The company issued revenue guidance of $372.00 million-$380.00 million, compared to the consensus revenue estimate of $376.09 million. When did Flywire IPO? (FLYW) raised $200 million in an initial public offering 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 served 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." 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 $31.89. How much money does Flywire make? Flywire (NASDAQ:FLYW) has a market capitalization of $3.58 billion and generates $289.38 million in revenue each year. The company earns $-39,350,000.00 in net income (profit) each year or ($0.23) on an earnings per share basis. How many employees does Flywire have? The company employs 1,000 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 10/2/2023 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. 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