Flywire (FLYW) Stock Price, News & Analysis

Company Overview

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. It serves education, healthcare, travel, and business to business organizations. The company was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts.

Key Stats

• Today's Range: $22.15 to $22.51
• 50-Day Range: $15.72 to $23.17
• 52-Week Range: $15.19 to $31.54
• Volume: 1.38 million shs
• Average Volume: 1.52 million shs
• Market Capitalization: $2.78 billion
• P/E Ratio: 149.07
• Dividend Yield: N/A
• Price Target: $24.86
• Consensus Rating: Moderate Buy

Flywire Stock Analysis - MarketRank™

Flywire scored higher than 59% of companies evaluated by MarketBeat, and ranked 361st out of 649 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.4 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Flywire has received a consensus rating of Moderate Buy. The company's average rating score is 2.80, and is based on 10 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Flywire has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 144.44%

Earnings Growth

Earnings for Flywire are expected to grow by 144.44% in the coming year, from $0.09 to $0.22 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Flywire is 149.07, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 127.65.

Price to Earnings Ratio vs. Sector

The P/E ratio of Flywire is 149.07, which means that it is trading at a less expensive P/E ratio than the Computer and Technology sector average P/E ratio of about 230.07.

Price to Earnings Growth Ratio

Flywire has a PEG Ratio of 4.33. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Flywire has a P/B Ratio of 3.30. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.22% of the float of Flywire has been sold short.

Short Interest Ratio / Days to Cover

Flywire has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in Flywire has recently decreased by 11.48%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Flywire does not currently pay a dividend.

Dividend Growth

Flywire does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.22% of the float of Flywire has been sold short.

Short Interest Ratio / Days to Cover

Flywire has a short interest ratio ("days to cover") of 5.7.

Change versus previous month

Short interest in Flywire has recently decreased by 11.48%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.19

News Sentiment

Flywire has a news sentiment score of 0.19. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Flywire this week, compared to 5 articles on an average week.

Search Interest

3 people have searched for FLYW on MarketBeat in the last 30 days. This is an increase of 200% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Flywire to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Flywire insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $480,143.00 in company stock.

Percentage Held by Insiders

Only 3.90% of the stock of Flywire is held by insiders.

Percentage Held by Institutions

95.90% of the stock of Flywire is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

FLYW Stock Analysis - Frequently Asked Questions

How have FLYW shares performed this year?

Flywire's stock was trading at $23.15 at the beginning of the year. Since then, FLYW stock has decreased by 3.4% and is now trading at $22.36.
View the best growth stocks for 2024 here.

How were Flywire's earnings last quarter?

Flywire Co. (NASDAQ:FLYW) announced its earnings results on Tuesday, August, 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.10) by $0.01. Flywire's revenue was up 22.2% on a year-over-year basis.

When did Flywire IPO?

Flywire (FLYW) raised $200 million in an IPO on Wednesday, May 26th 2021. The company issued 8,700,000 shares at a price of $22.00-$24.00 per share. Goldman Sachs, J.P. Morgan, Citigroup and BofA Securities acted as the underwriters for the IPO and Raymond James, RBC Capital Markets, William Blair, Guggenheim Securities, Nomura, AmeriVet Securities, Ramirez & Co., Siebert Williams Shank and Telsey Advisory Group were co-managers.

Who are Flywire's major shareholders?

Top institutional investors of Flywire include FMR LLC (7.51%), Westfield Capital Management Co. LP (4.97%), State Street Corp (2.34%) and Geode Capital Management LLC (2.23%). Insiders that own company stock include Bain Capital Venture Investors, Michael Massaro, Jo Natauri, David R King, Goldman Sachs Group Inc, Rob Orgel, Michael G Ellis, Peter Butterfield, Phillip John Riese, Alex Finkelstein, Matthew C Harris and Edwin J Santos.
View institutional ownership trends.

How do I buy shares of Flywire?

Shares of FLYW stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Flywire own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Flywire investors own include Invesco QQQ (QQQ), NVIDIA (NVDA), Meta Platforms (META), Broadcom (AVGO), Advanced Micro Devices (AMD), Arista Networks (ANET) and Adobe (ADBE).

Company Calendar

• Last Earnings: 8/06/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/25/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Business services, not elsewhere classified
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:FLYW
• CUSIP: N/A
• CIK: 1580560
• Web: www.flywire.com
• Phone: 617-329-4524
• Fax: N/A
• Employees: 1,200
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $24.86
• High Stock Price Target: $39.00
• Low Stock Price Target: $18.00
• Potential Upside/Downside: +11.2%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.80
• Research Coverage: 15 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.15
• Trailing P/E Ratio: 149.07
• Forward P/E Ratio: 248.44
• P/E Growth: 4.33
• Net Income: $-8,570,000.00
• Net Margins: 4.23%
• Pretax Margin: 4.21%
• Return on Equity: 2.49%
• Return on Assets: 1.86%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.33
• Quick Ratio: 2.33

Sales & Book Value

• Annual Sales: $403.09 million
• Price / Sales: 6.90
• Cash Flow: $0.07 per share
• Price / Cash Flow: 305.91
• Book Value: $6.78 per share
• Price / Book: 3.30

Miscellaneous

• Outstanding Shares: 124,420,000
• Free Float: 119,565,000
• Market Cap: $2.78 billion
• Optionable: Optionable
• Beta: 0.95