Flywire (NASDAQ:FLYW) Posts Earnings Results

Flywire (NASDAQ:FLYW) announced its earnings results on Tuesday. The company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.01) by ($0.11), Zacks reports. The firm had revenue of $112.80 million during the quarter, compared to the consensus estimate of $118.85 million. Flywire had a return on equity of 2.49% and a net margin of 4.23%. Flywire updated its FY 2025 guidance to EPS and its Q1 2025 guidance to EPS.

Flywire Stock Performance

FLYW opened at $17.64 on Wednesday. The company’s 50-day simple moving average is $19.59 and its two-hundred day simple moving average is $18.98. The stock has a market capitalization of $2.19 billion, a P/E ratio of 117.60, a P/E/G ratio of 1.41 and a beta of 1.08. Flywire has a 52-week low of $15.19 and a 52-week high of $31.54.

Analysts Set New Price Targets

A number of brokerages have recently commented on FLYW. Seaport Res Ptn cut shares of Flywire from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 14th. Royal Bank of Canada reaffirmed an “outperform” rating and set a $25.00 target price on shares of Flywire in a research note on Thursday, January 9th. Citigroup dropped their price target on Flywire from $27.00 to $26.00 and set a “buy” rating on the stock in a research report on Tuesday, January 14th. Raymond James lowered Flywire from a “strong-buy” rating to an “outperform” rating and reduced their price objective for the company from $29.00 to $17.00 in a research report on Wednesday. Finally, Stephens downgraded Flywire from an “overweight” rating to an “equal weight” rating and dropped their target price for the stock from $26.00 to $15.00 in a report on Wednesday. Nine research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $22.36.

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.