At Current Prices, Affirm Holdings Inc (NASDAQ: AFRM) Worth A Patient Look?

Affirm Holdings Inc (NASDAQ:AFRM)’s traded shares stood at 12.64 million during the last session, with the company’s beta value hitting 3.54. At the close of trading, the stock’s price was $54.82, to imply a decrease of -4.81% or -$2.77 in intraday trading. The AFRM share’s 52-week high remains $57.93, putting it -5.67% down since that peak but still an impressive 60.09% since price per share fell to its 52-week low of $21.88. The company has a valuation of $17.22B, with an average of 14.74 million shares in intraday trading volume over the past 10 days and average of 11.00 million shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for Affirm Holdings Inc (AFRM), translating to a mean rating of 2.24. Of 16 analyst(s) looking at the stock, 4 analyst(s) give AFRM a Sell rating. 0 of those analysts rate the stock as Overweight while 7 advise Hold as 5 recommend it as a Buy.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Affirm Holdings Inc (NASDAQ:AFRM) trade information

After registering a -4.81% downside in the last session, Affirm Holdings Inc (AFRM) has traded red over the past five days. The 5-day price performance for the stock is 9.64%, and 14.54% over 30 days. With these gigs, the year-to-date price performance is 11.56%. Short interest in Affirm Holdings Inc (NASDAQ:AFRM) saw shorts transact 18.34 million shares and set a 2.14 days time to cover.

The extremes give us $6 and $85 for target low and target high price respectively. As such, AFRM has been trading -55.05% off suggested target high and 89.06% from its likely low.

Affirm Holdings Inc (AFRM) estimates and forecasts

Looking at statistics comparing Affirm Holdings Inc share performance against respective industry, we note that the company has outperformed competitors. Affirm Holdings Inc (AFRM) shares are 69.72% up over the last 6 months, with its year-to-date growth rate higher than industry average at 64.07% against 22.40%.

AFRM Dividends

Affirm Holdings Inc has its next earnings report out in December. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Affirm Holdings Inc (NASDAQ:AFRM)’s Major holders

Affirm Holdings Inc insiders hold 4.85% of total outstanding shares, with institutional holders owning 75.71% of the shares at 79.57% float percentage. In total, 75.71% institutions holds shares in the company, led by MORGAN STANLEY. As of 2024-06-30, the company held over 30.55 million shares (or 9.7706% of shares), all amounting to roughly $922.78 million.

The next major institution holding the largest number of shares is CAPITAL RESEARCH GLOBAL INVESTORS with 23.76 million shares, or about 7.5998% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $717.77 million.