Flywire (FLYW) Expected to Announce Earnings on Tuesday

Flywire (NASDAQ:FLYW) is projected to release its earnings data after the market closes on Tuesday, February 25th. Analysts expect Flywire to post earnings of ($0.01) per share and revenue of $118.85 million for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Flywire Stock Performance

FLYW stock opened at $19.51 on Tuesday. The stock has a market capitalization of $2.43 billion, a price-to-earnings ratio of 130.07, a PEG ratio of 1.52 and a beta of 1.08. Flywire has a 1 year low of $15.19 and a 1 year high of $31.54. The stock’s fifty day moving average is $19.86 and its two-hundred day moving average is $18.98.

Analysts Set New Price Targets

A number of research firms have issued reports on FLYW. The Goldman Sachs Group raised their target price on Flywire from $22.00 to $27.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Raymond James raised their target price on Flywire from $23.00 to $27.00 and gave the company a “strong-buy” rating in a research note on Friday, November 8th. Deutsche Bank Aktiengesellschaft lifted their price objective on shares of Flywire from $23.00 to $26.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Citigroup cut their price objective on shares of Flywire from $27.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, Morgan Stanley lifted their price objective on shares of Flywire from $20.00 to $21.00 and gave the company an “equal weight” rating in a research note on Monday, November 11th. Five research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat.com, Flywire presently has an average 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.