FY2025 Earnings Forecast for Flywire Issued By William Blair

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

Other equities research analysts have also recently issued research reports about the stock. Wells Fargo & Company cut shares of Flywire from an “overweight” rating to an “equal weight” rating and lowered their target price for the company from $20.00 to $18.00 in a report on Friday, October 11th. Seaport Res Ptn lowered Flywire from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 14th. Morgan Stanley raised 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. Deutsche Bank Aktiengesellschaft upped their price target on Flywire from $23.00 to $26.00 and gave the company a “buy” rating in a research report on Monday, December 2nd. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $25.00 price objective on shares of Flywire in a research report on Thursday, January 9th. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $25.38.

Flywire Stock Down 0.7 %

NASDAQ FLYW opened at $19.81 on Monday. The firm has a market cap of $2.46 billion, a P/E ratio of 132.07, a price-to-earnings-growth ratio of 1.46 and a beta of 1.08. The company’s 50 day moving average is $20.27 and its 200-day moving average is $18.86. Flywire has a 12-month low of $15.19 and a 12-month high of $31.54.

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

Hedge Funds Weigh In On Flywire

Hedge funds and other institutional investors have recently modified their holdings of the company. FMR LLC lifted its position in Flywire by 3.6% in the 3rd quarter. FMR LLC now owns 9,408,098 shares of the company’s stock worth $154,199,000 after buying an additional 326,120 shares during the last quarter. Westfield Capital Management Co. LP raised its stake in shares of Flywire by 19.3% during the third quarter. Westfield Capital Management Co. LP now owns 6,226,912 shares of the company’s stock worth $102,059,000 after acquiring an additional 1,006,516 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of Flywire by 53.0% in the 4th quarter. Jennison Associates LLC now owns 3,406,312 shares of the company’s stock valued at $70,238,000 after purchasing an additional 1,179,562 shares in the last quarter. State Street Corp grew its holdings in shares of Flywire by 5.2% during the 3rd quarter. State Street Corp now owns 2,930,906 shares of the company’s stock valued at $48,038,000 after purchasing an additional 145,894 shares during the last quarter. Finally, Geode Capital Management LLC raised its position in Flywire by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,799,486 shares of the company’s stock worth $45,892,000 after purchasing an additional 17,062 shares during the period. 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.