In recent trading session, Affirm Holdings Inc (NASDAQ:AFRM) saw 1.67 million shares changing hands at last check today with its beta currently measuring 3.45. Company’s recent per share price level of $28.75 trading at -$0.23 or -0.80% at last check today assigns it a market valuation of $8.89B. That most recent trading price of AFRM’s stock is at a discount of -82.54% from its 52-week high price of $52.48 and is indicating a premium of 55.44% from its 52-week low price of $12.81. Taking a look at company’s average trading volume volume of 6.61 million if we extend that period to 3-months.
For Affirm Holdings Inc (AFRM), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.76. Splitting up the data highlights that, out of 14 analysts covering the stock, 3 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 6 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.5 in the current quarter.
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Affirm Holdings Inc (NASDAQ:AFRM) trade information
Upright in the red during last session for losing -0.80%, in the last five days AFRM remained trading in the red while hitting it’s week-highest on Friday, 06/28/24 when the stock touched $28.75 price level, adding 8.59% to its value on the day. Affirm Holdings Inc’s shares saw a change of -41.49% in year-to-date performance and have moved -5.62% in past 5-day. Affirm Holdings Inc (NASDAQ:AFRM) showed a performance of -4.61% in past 30-days.
Wall Street analysts have assigned a consensus price target of 44 to the stock, which implies a rise of 34.66% to its recent value today. Analysts have been projecting 6 as a low price target for the stock while placing it at a high target of 125. It follows that stock’s current price would jump 79.13% in reaching the projected high whereas dropping to the targeted low would mean a gain of 79.13% for stock’s current value.
Affirm Holdings Inc (AFRM) estimates and forecasts
Statistics highlight that Affirm Holdings Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -33.89% of value to its shares in past 6 months, showing an annual growth rate of 40.72% while that of industry is -2.60. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 42.80% from the last financial year’s standing.
14 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 604.06M for the same. And 13 analysts are in estimates of company making revenue of 625.25M in the next quarter. Company posted 445.82M and 496.55M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -58.94% during past 5 years.
AFRM Dividends
Affirm Holdings Inc is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Affirm Holdings Inc (NASDAQ:AFRM)’s Major holders
Insiders are in possession of 4.83% of company’s total shares while institution are holding 82.99 percent of that, with stock having share float percentage of 87.20%. Investors also watch the number of corporate investors in a company very closely, which is 82.99% institutions for Affirm Holdings Inc that are currently holding shares of the company. Morgan Stanley is the top institutional holder at AFRM for having 30.57 shares of worth $877.95 million. And as of Mar 31, 2024, it was holding 11.59% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group Inc, which was holding about 20.82 shares on Mar 31, 2024. The number of shares represents firm’s hold over 7.89% of outstanding shares, having a total worth of $598.06 million.
On the other hand, Growth Fund Of America Inc and Smallcap World Fund are the top two Mutual Funds which own company’s shares. As of Mar 31, 2024, the former fund manager was holding 20.09 shares of worth $577.04 million or 7.62% of the total outstanding shares. The later fund manager was in possession of 7.2 shares on Mar 31, 2024, making its stake of worth around $206.71 million in the company or a holder of 2.73% of company’s stock.
