In recent trading session, Affirm Holdings Inc (NASDAQ:AFRM) saw 1.87 million shares changing hands at last check today with its beta currently measuring 3.51. Company’s recent per share price level of $45.77 trading at -$2.2 or -4.59% at last check today assigns it a market valuation of $14.24B. That most recent trading price of AFRM’s stock is at a discount of -14.66% from its 52-week high price of $52.48 and is indicating a premium of 65.11% from its 52-week low price of $15.97. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 10.25 million shares which gives us an average trading volume of 9.37 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 2.27. Splitting up the data highlights that, out of 16 analysts covering the stock, 4 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 7 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 -0.35 in the current quarter.
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Affirm Holdings Inc (NASDAQ:AFRM) trade information
Upright in the red during last session for losing -4.59%, in the last five days AFRM remained trading in the green while hitting it’s week-highest on Tuesday, 10/15/24 when the stock touched $45.77 price level, adding 8.62% to its value on the day. Affirm Holdings Inc’s shares saw a change of -6.86% in year-to-date performance and have moved 8.95% in past 5-day. Affirm Holdings Inc (NASDAQ:AFRM) showed a performance of 3.36% in past 30-days. Number of shares sold short was 19.35 million shares which calculate 1.7 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 45 to the stock, which implies a fall of -1.71% 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 85. It follows that stock’s current price would jump 86.89% in reaching the projected high whereas dropping to the targeted low would mean a gain of 86.89% 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 added 46.93% of value to its shares in past 6 months, showing an annual growth rate of 55.09% while that of industry is 16.90. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 30.30% 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 663.73M for the same. And 14 analysts are in estimates of company making revenue of 786.37M in the next quarter.
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 -26.16% during past 5 years.
Affirm Holdings Inc (NASDAQ:AFRM)’s Major holders
Insiders are in possession of 4.77% of company’s total shares while institution are holding 80.67 percent of that, with stock having share float percentage of 84.71%. Investors also watch the number of corporate investors in a company very closely, which is 80.67% institutions for Affirm Holdings Inc that are currently holding shares of the company. MORGAN STANLEY is the top institutional holder at AFRM for having 30.55 million shares of worth $922.78 million. And as of 2024-06-30, it was holding 9.7706 of the company’s outstanding shares.
The second largest institutional holder is CAPITAL RESEARCH GLOBAL INVESTORS, which was holding about 23.76 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.5998 of outstanding shares, having a total worth of $717.77 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 Sep 30, 2024 , the former fund manager was holding 21.11 shares of worth $948.55 million or 7.89% of the total outstanding shares. The later fund manager was in possession of 7.2 shares on Jun 30, 2024 , making its stake of worth around $323.46 million in the company or a holder of 2.69% of company’s stock.
