Flywire (FLYW) Projected to Post Earnings on Tuesday

Flywire (NASDAQ:FLYW) is anticipated to announce its earnings results after the market closes on Tuesday, February 25th. Analysts expect the company to announce earnings of ($0.01) per share and revenue of $118.85 million for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

Flywire Stock Performance

Shares of NASDAQ FLYW opened at $17.64 on Monday. Flywire has a 52 week low of $15.19 and a 52 week high of $31.54. The stock has a market capitalization of $2.19 billion, a P/E ratio of 117.57, a PEG ratio of 1.41 and a beta of 1.08. The stock’s fifty day moving average is $19.74 and its 200 day moving average is $18.99.

Analyst Ratings Changes

A number of research analysts recently commented on FLYW shares. Seaport Res Ptn cut Flywire from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 14th. Morgan Stanley boosted their price target on Flywire from $20.00 to $21.00 and gave the stock an “equal weight” rating in a report on Monday, November 11th. Deutsche Bank Aktiengesellschaft lifted their price objective on Flywire from $23.00 to $26.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. Citigroup cut their price objective on Flywire from $27.00 to $26.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, Royal Bank of Canada reissued an “outperform” rating and issued a $25.00 price target on shares of Flywire in a research note on Thursday, January 9th. Five equities research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, 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.