Zacks Research Downgrades Flywire (NASDAQ:FLYW) to Strong Sell

Flywire (NASDAQ:FLYW) was downgraded by stock analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued to investors on Tuesday,Zacks.com reports.

FLYW has been the subject of several other research reports. Wolfe Research raised Flywire from a “peer perform” rating to an “outperform” rating and set a $16.00 price objective for the company in a research note on Wednesday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Flywire in a research note on Wednesday, October 8th. B. Riley decreased their target price on shares of Flywire from $17.00 to $15.00 and set a “buy” rating for the company in a research report on Monday, June 23rd. Deutsche Bank Aktiengesellschaft started coverage on shares of Flywire in a research report on Thursday, July 17th. They set a “hold” rating and a $12.00 target price for the company. Finally, Citigroup started coverage on shares of Flywire in a research report on Wednesday. They set a “neutral” rating and a $15.00 target price for the company. Five analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $13.88.

Flywire Stock Up 1.0%

FLYW stock opened at $13.50 on Tuesday. The stock has a market capitalization of $1.65 billion, a P/E ratio of 270.00, a price-to-earnings-growth ratio of 3.53 and a beta of 1.29. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 0.08. Flywire has a 12 month low of $8.20 and a 12 month high of $23.40. The firm has a 50-day moving average price of $13.07 and a 200-day moving average price of $11.47.

Flywire (NASDAQ:FLYW) last posted its earnings results on Tuesday, August 5th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.02). The company had revenue of $127.50 million during the quarter, compared to the consensus estimate of $119.65 million. Flywire had a return on equity of 1.94% and a net margin of 1.27%.The firm’s revenue was up 27.2% compared to the same quarter last year. During the same period last year, the company posted ($0.11) EPS. Flywire has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts anticipate that Flywire will post 0.14 EPS for the current fiscal year.

Institutional Trading of Flywire

Large investors have recently modified their holdings of the stock. Nisa Investment Advisors LLC grew its position in shares of Flywire by 194.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 3,279 shares of the company’s stock worth $38,000 after buying an additional 2,167 shares during the period. Daiwa Securities Group Inc. increased its stake in Flywire by 78.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 5,681 shares of the company’s stock valued at $66,000 after purchasing an additional 2,497 shares in the last quarter. CWM LLC increased its stake in Flywire by 850.9% during the 2nd quarter. CWM LLC now owns 6,447 shares of the company’s stock valued at $75,000 after purchasing an additional 5,769 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Flywire during the second quarter worth $119,000. Finally, JT Stratford LLC acquired a new position in Flywire during the first quarter worth $109,000. 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.