FY2025 Earnings Estimate for Flywire Issued By William Blair

Flywire Co. (NASDAQ:FLYW) – William Blair decreased their FY2025 earnings estimates for Flywire in a report issued on Thursday, January 30th. William Blair analyst C. Kennedy now anticipates that the company will post earnings per share of $0.36 for the year, down from their prior forecast of $0.40. The consensus estimate for Flywire’s current full-year earnings is $0.14 per share.

Flywire (NASDAQ:FLYW) last announced its earnings results on Thursday, November 7th. The company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.16. The business had revenue of $156.82 million during the quarter, compared to analyst estimates of $146.44 million. Flywire had a net margin of 4.23% and a return on equity of 2.49%. During the same period in the previous year, the business posted $0.08 earnings per share.

FLYW has been the topic of a number of other reports. Royal Bank of Canada reissued an “outperform” rating and set a $25.00 price objective on shares of Flywire in a research report on Thursday, January 9th. Morgan Stanley upped their target price on shares of Flywire from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research report on Monday, November 11th. Wells Fargo & Company downgraded shares of Flywire from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $20.00 to $18.00 in a research report on Friday, October 11th. Seaport Res Ptn downgraded shares of Flywire from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Finally, Raymond James upped their target price on shares of Flywire from $23.00 to $27.00 and gave the stock a “strong-buy” rating in a research report on Friday, November 8th. Five equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $25.38.

Flywire Stock Down 1.0 %

NASDAQ:FLYW opened at $19.33 on Monday. The company has a fifty day moving average of $20.38 and a 200 day moving average of $18.83. Flywire has a 52 week low of $15.19 and a 52 week high of $31.54. The firm has a market capitalization of $2.41 billion, a P/E ratio of 128.87, a P/E/G ratio of 1.47 and a beta of 1.10.

Hedge Funds Weigh In On Flywire

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC purchased a new stake in shares of Flywire during the fourth quarter worth about $30,000. Quarry LP purchased a new stake in shares of Flywire during the second quarter worth about $26,000. Advisors Asset Management Inc. grew its stake in shares of Flywire by 15.4% during the third quarter. Advisors Asset Management Inc. now owns 4,046 shares of the company’s stock worth $66,000 after acquiring an additional 539 shares during the last quarter. KBC Group NV grew its stake in shares of Flywire by 64.0% during the fourth quarter. KBC Group NV now owns 4,899 shares of the company’s stock worth $101,000 after acquiring an additional 1,911 shares during the last quarter. Finally, Venturi Wealth Management LLC purchased a new stake in shares of Flywire during the fourth quarter worth about $104,000. Hedge funds and other institutional investors 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.