Affirm Holdings Inc (AFRM) saw an uptrend of 2.05% in the recent trading with $83.08 being its most recent. The current price level -16.92% lower than the highest price of $100.00 marked by the stock while trading over the past 52-weeks, whereas it is 168.86% higher than the lowest price of $30.90 the company dropped to over past 52-weeks. The latest news story on AFRM appeared in (Zacks) under the title “Affirm Holdings (AFRM) Gains As Market Dips: What You Should Know”.
Do analysts rate it as a buy, sell or hold?
Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 16 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.82 for the stock.
Affirm Holdings Inc Earnings – What Happened With AFRM
Coming around sales and income figures on AFRM Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Affirm Holdings Inc (AFRM) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 113.06% for net revenue.
AFRM – Affirm Holdings Inc Stock Earnings Estimates
The perspective of Affirm Holdings Inc (NASDAQ:AFRM)’s current quarter earnings identifies that analysts are in consensus over the estimate of 0.17 for stock’s EPS in the current quarter. Affirm Holdings Inc (AFRM) last released financial results for the quarter that ended 9/30/2024, posting a surprise factor of 113.06% for net revenue. Company’s EPS for the last quarter was 0.36.
Affirm Holdings Inc – Insider Activity and Holdings
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 284.38 million. AFRM does have institutional investors; and they hold 71.74% of the stock.
As on 2024-06-30, MORGAN STANLEY was the top most holder in Affirm Holdings Inc (NASDAQ:AFRM) with an ownership of 30.55 million shares of the company or 9.6822 of the stake worth $922.78 million. The filing also reveals CAPITAL RESEARCH GLOBAL INVESTORS as the second largest holder in the company with a control over 7.5311 of the outstanding shares. Its stake is worth $717.77 million for having 23.76 million shares in hand.
VANGUARD GROUP INC also came holding a key position in the company during the recent quarter and it now holds 6.6683 of the outstanding shares. With this there are now 730.0 institutions which have possession in AFRM’s shares.
Key Metrics for AFRM
The liquidity is a key characteristic of any stock and is the main point of focus of both short-term as well as long term investors before start trading into a stock. In recently reported quarter, Affirm Holdings Inc has a debt to equity ratio of 2.49.
