Flywire (FLYW) Projected to Post Quarterly Earnings on Tuesday

Flywire (NASDAQ:FLYW) is anticipated to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $118.85 million for the quarter. Investors interested in participating in the company’s conference call can do so using this link.

Flywire Stock Performance

Shares of FLYW stock opened at $17.64 on Friday. The stock’s 50-day simple moving average is $19.74 and its 200-day simple moving average is $18.99. The firm has a market capitalization of $2.19 billion, a PE ratio of 117.57, a P/E/G ratio of 1.41 and a beta of 1.08. Flywire has a fifty-two week low of $15.19 and a fifty-two week high of $31.54.

Analyst Ratings Changes

A number of research analysts have recently weighed in on FLYW shares. Seaport Res Ptn lowered Flywire from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 14th. Deutsche Bank Aktiengesellschaft increased their price objective on Flywire from $23.00 to $26.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Raymond James upped their target price on Flywire from $23.00 to $27.00 and gave the stock a “strong-buy” rating in a research note on Friday, November 8th. Morgan Stanley upped their target price on Flywire from $20.00 to $21.00 and gave the stock an “equal weight” rating in a research note on Monday, November 11th. Finally, The Goldman Sachs Group upped their target price on Flywire from $22.00 to $27.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. Five equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Flywire currently has a consensus rating of “Moderate Buy” and a consensus target price of $25.38.

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.