Affirm Holdings Inc (NASDAQ:AFRM) has a beta value of 3.66 and has seen 1.94 million shares traded in the recent trading session. The company, currently valued at $14.98B, closed the recent trade at $46.79 per share which meant it lost -$5.18 on the day or -9.97% during that session. The AFRM stock price is -76.38% off its 52-week high price of $82.53 and 52.45% above the 52-week low of $22.25.
The consensus among analysts is that Affirm Holdings Inc (AFRM) is Hold stock at the moment, with a recommendation rating of 1.96. 4 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 16 have rated it as a Hold, with 5 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.09.
Affirm Holdings Inc (NASDAQ:AFRM) trade information
Sporting -9.97% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the AFRM stock price touched $46.79 or saw a rise of 22.28%. Year-to-date, Affirm Holdings Inc shares have moved -23.17%, while the 5-day performance has seen it change -24.36%. Over the past 30 days, the shares of Affirm Holdings Inc (NASDAQ:AFRM) have changed -24.23%.
Wall Street analysts have a consensus price target for the stock at $60.5, which means that the shares’ value could jump 22.66% from the levels at last check today. The projected low price target is $37.0 while the price target rests at a high of $82.0. In that case, then, we find that the latest price level in today’s session is -75.25% off the targeted high while a plunge would see the stock lose 20.92% from the levels at last check today.
Affirm Holdings Inc (AFRM) estimates and forecasts
The company’s shares have gained 18.04% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 36.11%.
15 analysts offering their estimates for the company have set an average revenue estimate of 776.83M for the current quarter. 15 have an estimated revenue figure of 835.19M for the next ending quarter. Year-ago sales stood 576.16M and 659.18M respectively for this quarter and the next, and analysts expect sales will grow by 34.83% for the current quarter and 36.11% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -26.16% over the past 5 years.
AFRM Dividends
Affirm Holdings Inc is expected to release its next earnings report in April this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Affirm Holdings Inc (NASDAQ:AFRM)’s Major holders
The top two institutional holders are MORGAN STANLEY with over 30.55 million shares worth more than $922.78 million. As of 2024-06-30, MORGAN STANLEY held 9.7706% of shares outstanding.
The other major institutional holder is CAPITAL RESEARCH GLOBAL INVESTORS, with the holding of over 23.76 million shares as of 2024-06-30. The firm’s total holdings are worth over $717.77 million and represent 7.5311% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Growth Fund of America Inc and Vanguard Total Stock Market Index Fund. As of Dec 31, 2024, the former fund manager holds about 8.28% shares in the company for having 23.11 shares of worth $1.07 billion while later fund manager owns 7.25 shares of worth $335.92 million as of Dec 31, 2024, which makes it owner of about 2.60% of company’s outstanding stock.
