Flyware (FLYW) came out with a quarterly loss of $0.11 per share versus the Zacks Consensus Estimate of a loss of $0.09. This compares to loss of $0.15 per share a year ago.
Flywire (FLYW) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.
The consensus price target hints at a 42.7% upside potential for Flyware (FLYW). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Flywire is reportedly exploring a sale after seeing interest in a takeover. The payments processor, which has a market value of $2.3 billion, is working with investment bankers to evaluate interest from private equity firms and other potential buyers, Reuters reported Friday (Aug. 2), citing unnamed sources.
Flywire , a U.S. payments processor with a market value of $2.3 billion, is exploring a sale after attracting takeover interest, according to people familiar with the matter.
My view is a buy rating for Flywire Corporation. FLYW largest targeted market - education - has a strong growth outlook. Improving profitability should support a valuation rerating.