Flywire (FLYW) to Release Quarterly Earnings on Tuesday

Flywire (NASDAQ:FLYW - Get Free Report) is expected 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 registering for the company's conference call can do so using this link.

Flywire Trading Down 5.9 %

NASDAQ FLYW traded down $1.10 during trading hours on Friday, hitting $17.64. 1,516,196 shares of the company's stock traded hands, compared to its average volume of 1,377,970. The business's fifty day moving average price is $19.74 and its two-hundred day moving average price is $18.98. The firm has a market capitalization of $2.19 billion, a P/E ratio of 117.57, a P/E/G ratio of 1.43 and a beta of 1.08. Flywire has a 52 week low of $15.19 and a 52 week high of $31.54.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Seaport Res Ptn lowered shares of Flywire from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, January 14th. Royal Bank of Canada reiterated an "outperform" rating and issued a $25.00 price target on shares of Flywire in a research report on Thursday, January 9th. Raymond James upped their price target 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. Citigroup dropped their price target on shares of Flywire from $27.00 to $26.00 and set a "buy" rating for the company in a research report on Tuesday, January 14th. Finally, Morgan Stanley upped their price target 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. Five investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $25.38.

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.