FY2025 EPS Estimates for Flywire Reduced by William Blair

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

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

A number of other brokerages also recently issued reports on FLYW. Seaport Res Ptn downgraded shares of Flywire from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Citigroup decreased their price target on Flywire from $27.00 to $26.00 and set a “buy” rating for the company in a report on Tuesday, January 14th. The Goldman Sachs Group boosted their price objective on Flywire from $22.00 to $27.00 and gave the company a “buy” rating in a research note on Monday, December 2nd. Wells Fargo & Company cut Flywire from an “overweight” rating to an “equal weight” rating and decreased their target price for the stock from $20.00 to $18.00 in a research note on Friday, October 11th. Finally, Morgan Stanley boosted their price target on Flywire from $20.00 to $21.00 and gave the company an “equal weight” rating in a research note on Monday, November 11th. Five equities research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $25.38.

Flywire Price Performance

Shares of FLYW opened at $19.81 on Monday. The business has a 50-day moving average of $20.27 and a 200-day moving average of $18.86. Flywire has a 1 year low of $15.19 and a 1 year high of $31.54. The company has a market capitalization of $2.46 billion, a price-to-earnings ratio of 132.07, a price-to-earnings-growth ratio of 1.46 and a beta of 1.08.

Institutional Trading of Flywire

Several institutional investors and hedge funds have recently made changes to their positions in FLYW. FMR LLC lifted its position in shares of Flywire by 3.6% during 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 in the last quarter. Westfield Capital Management Co. LP lifted its holdings in 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 during the period. Jennison Associates LLC boosted its position in Flywire by 53.0% in the fourth quarter. Jennison Associates LLC now owns 3,406,312 shares of the company’s stock worth $70,238,000 after purchasing an additional 1,179,562 shares during the last quarter. State Street Corp grew its stake in Flywire by 5.2% in 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 period. Finally, Geode Capital Management LLC grew its stake in Flywire by 0.6% in the 3rd quarter. Geode Capital Management LLC now owns 2,799,486 shares of the company’s stock valued at $45,892,000 after purchasing an additional 17,062 shares during the period. Hedge funds and other institutional investors own 95.90% of the company’s stock.

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.