Flywire Co. (NASDAQ:FLYW – Free Report) – Analysts at Seaport Res Ptn issued their Q2 2025 EPS estimates for Flywire in a research report issued on Tuesday, January 14th. Seaport Res Ptn analyst J. Cantwell anticipates that the company will post earnings of $0.01 per share for the quarter. Seaport Res Ptn has a “Hold” rating on the stock. The consensus estimate for Flywire’s current full-year earnings is $0.13 per share.
A number of other equities analysts have also recently issued reports on the company. Wells Fargo & Company cut Flywire from an “overweight” rating to an “equal weight” rating and lowered their target price for the stock from $20.00 to $18.00 in a report on Friday, October 11th. Raymond James increased their price objective on Flywire from $23.00 to $27.00 and gave the stock a “strong-buy” rating in a report on Friday, November 8th. The Goldman Sachs Group boosted 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. Citigroup decreased their price target on shares of Flywire from $27.00 to $26.00 and set a “buy” rating for the company in a research note on Tuesday. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $25.00 price objective on shares of Flywire in a research report on Thursday, January 9th. Five investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $25.36.
Flywire Stock Up 4.8 %
Shares of FLYW stock opened at $19.95 on Thursday. The company has a market capitalization of $2.48 billion, a price-to-earnings ratio of 133.00, a P/E/G ratio of 3.03 and a beta of 1.10. Flywire has a 12-month low of $15.19 and a 12-month high of $31.54. The firm has a fifty day moving average of $20.94 and a 200-day moving average of $18.59.
Hedge Funds Weigh In On Flywire
A number of institutional investors have recently bought and sold shares of FLYW. Primecap Management Co. CA lifted its position in shares of Flywire by 253.3% in the second quarter. Primecap Management Co. CA now owns 1,962,633 shares of the company’s stock valued at $32,168,000 after buying an additional 1,407,180 shares during the last quarter. Westfield Capital Management Co. LP lifted its holdings in Flywire by 19.3% during the 3rd quarter. Westfield Capital Management Co. LP now owns 6,226,912 shares of the company’s stock valued at $102,059,000 after purchasing an additional 1,006,516 shares during the last quarter. Point72 Asset Management L.P. bought a new position in Flywire during the second quarter worth $12,642,000. Blair William & Co. IL increased its holdings in shares of Flywire by 33.4% in the second quarter. Blair William & Co. IL now owns 1,810,719 shares of the company’s stock valued at $29,678,000 after purchasing an additional 453,183 shares during the last quarter. Finally, Squarepoint Ops LLC bought a new position in shares of Flywire in the second quarter valued at about $6,886,000. Institutional investors and hedge funds own 95.90% of the company’s stock.
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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