Flywire Co. (NASDAQ:FLYW – Free Report) – Equities researchers at Seaport Res Ptn issued their Q2 2025 earnings per share estimates for shares of Flywire in a research note issued on Tuesday, January 14th. Seaport Res Ptn analyst J. Cantwell expects that the company will earn $0.01 per share for the quarter. Seaport Res Ptn has a “Hold” rating on the stock. The consensus estimate for Flywire’s current full-year earnings is $0.13 per share.
Several other analysts have also recently weighed in on the stock. Raymond James lifted their price objective on shares of Flywire from $23.00 to $27.00 and gave the stock a “strong-buy” rating in a research note on Friday, November 8th. Wells Fargo & Company cut shares of Flywire from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $20.00 to $18.00 in a report on Friday, October 11th. The Goldman Sachs Group boosted their price target on Flywire from $22.00 to $27.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Royal Bank of Canada restated an “outperform” rating and set a $25.00 price objective on shares of Flywire in a research note on Thursday, January 9th. Finally, Morgan Stanley upped their target price on Flywire from $20.00 to $21.00 and gave the company an “equal weight” rating in a research report on Monday, November 11th. Five equities research analysts have rated the stock with a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $25.36.
Flywire Stock Performance
FLYW opened at $19.95 on Thursday. The stock has a fifty day moving average of $20.94 and a 200-day moving average of $18.59. The company has a market capitalization of $2.48 billion, a P/E ratio of 133.00, a P/E/G ratio of 3.03 and a beta of 1.10. Flywire has a fifty-two week low of $15.19 and a fifty-two week high of $31.54.
Institutional Trading of Flywire
Hedge funds have recently added to or reduced their stakes in the stock. Geode Capital Management LLC lifted its stake in shares of Flywire by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,799,486 shares of the company’s stock valued at $45,892,000 after acquiring an additional 17,062 shares during the last quarter. Jennison Associates LLC increased its holdings in Flywire by 5.3% in the 3rd quarter. Jennison Associates LLC now owns 2,226,750 shares of the company’s stock worth $36,496,000 after purchasing an additional 112,218 shares in the last quarter. Curi RMB Capital LLC bought a new position in Flywire in the third quarter valued at about $1,143,000. FMR LLC boosted its stake in shares of Flywire by 3.6% during the third quarter. FMR LLC now owns 9,408,098 shares of the company’s stock valued at $154,199,000 after purchasing an additional 326,120 shares in the last quarter. Finally, Westfield Capital Management Co. LP grew its holdings in shares of Flywire by 19.3% during the third quarter. Westfield Capital Management Co. LP now owns 6,226,912 shares of the company’s stock worth $102,059,000 after purchasing an additional 1,006,516 shares during the last quarter. Institutional investors and hedge funds own 95.90% of the company’s stock.
Flywire Company Profile
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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