What is Seaport Res Ptn's Estimate for Flywire Q3 Earnings?

Flywire Co. (NASDAQ:FLYW - Free Report) - Research analysts at Seaport Res Ptn cut their Q3 2026 earnings estimates for Flywire in a research report issued to clients and investors on Thursday, April 17th. Seaport Res Ptn analyst J. Cantwell now anticipates that the company will post earnings of $0.10 per share for the quarter, down from their prior estimate of $0.11. Seaport Res Ptn currently has a "Hold" rating on the stock. The consensus estimate for Flywire's current full-year earnings is $0.14 per share. Seaport Res Ptn also issued estimates for Flywire's Q4 2026 earnings at $0.03 EPS and FY2026 earnings at $0.05 EPS.

A number of other research firms have also recently weighed in on FLYW. Citigroup cut their price target on Flywire from $26.00 to $13.00 and set a "buy" rating on the stock in a research note on Monday, March 24th. Raymond James cut Flywire from a "strong-buy" rating to an "outperform" rating and decreased their target price for the stock from $29.00 to $17.00 in a research note on Wednesday, February 26th. Royal Bank of Canada dropped their price target on shares of Flywire from $25.00 to $20.00 and set an "outperform" rating on the stock in a research note on Wednesday, February 26th. Wells Fargo & Company reduced their price objective on shares of Flywire from $20.00 to $16.00 and set an "equal weight" rating for the company in a research report on Wednesday, February 26th. Finally, UBS Group downgraded shares of Flywire from a "buy" rating to a "neutral" rating and dropped their target price for the company from $25.00 to $15.00 in a research report on Wednesday, February 26th. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Hold" and a consensus price target of $17.00.

Flywire Stock Up 0.6 %

Shares of Flywire stock opened at $8.88 on Friday. Flywire has a 52-week low of $8.20 and a 52-week high of $23.40. The company has a 50 day moving average of $11.81 and a 200 day moving average of $16.91. The company has a market capitalization of $1.10 billion, a P/E ratio of 59.20, a P/E/G ratio of 1.41 and a beta of 1.22.

Flywire (NASDAQ:FLYW - Get Free Report) last posted its quarterly earnings results on Tuesday, February 25th. The company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.01) by ($0.11). Flywire had a net margin of 4.23% and a return on equity of 2.49%. The company had revenue of $112.80 million during the quarter, compared to analyst estimates of $118.85 million.

Insider Activity

In other news, General Counsel Peter Butterfield sold 5,523 shares of the firm's stock in a transaction that occurred on Monday, March 10th. The stock was sold at an average price of $10.08, for a total value of $55,671.84. Following the completion of the sale, the general counsel now directly owns 247,561 shares of the company's stock, valued at $2,495,414.88. This trade represents a 2.18 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gretchen Howard acquired 8,889 shares of the company's stock in a transaction that occurred on Thursday, February 27th. The shares were acquired at an average cost of $10.94 per share, for a total transaction of $97,245.66. Following the acquisition, the director now directly owns 30,770 shares of the company's stock, valued at $336,623.80. This trade represents a 40.62 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 3.90% of the company's stock.

Institutional Investors Weigh In On Flywire

Several institutional investors have recently made changes to their positions in the stock. State Street Corp boosted its holdings in Flywire by 5.2% during the third quarter. State Street Corp now owns 2,930,906 shares of the company's stock worth $48,038,000 after buying an additional 145,894 shares in the last quarter. Barclays PLC lifted its position in shares of Flywire by 361.4% during the 3rd quarter. Barclays PLC now owns 197,493 shares of the company's stock valued at $3,236,000 after acquiring an additional 154,694 shares during the period. Geode Capital Management LLC boosted its stake in shares of Flywire by 0.6% during the 3rd quarter. Geode Capital Management LLC now owns 2,799,486 shares of the company's stock worth $45,892,000 after acquiring an additional 17,062 shares in the last quarter. World Investment Advisors LLC acquired a new stake in shares of Flywire in the 3rd quarter worth approximately $209,000. Finally, Harbor Capital Advisors Inc. increased its stake in Flywire by 0.7% in the 4th quarter. Harbor Capital Advisors Inc. now owns 224,775 shares of the company's stock valued at $4,635,000 after purchasing an additional 1,531 shares in the last quarter. 95.90% of the stock is currently owned by hedge funds and other institutional investors.

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.

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