Affirm Holdings Inc (NASDAQ: AFRM) is -22.32% lower on its value in year-to-date trading and has touched a low of $15.97 and a high of $52.48 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The AFRM stock was last observed hovering at around $38.44 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $38.17, the stock is 16.98% and 26.87% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.92 million and changing -0.70% at the moment leaves the stock 8.79% off its SMA200. AFRM registered 69.80% gain for a year compared to 6-month loss of -1.52%.
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
The stock witnessed a 51.38% gain in the last 1 month and extending the period to 3 months gives it a 27.02%, and is -13.27% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.74% over the week and 6.43% over the month.
Affirm Holdings Inc (AFRM) has around 2006 employees, a market worth around $11.88B and $2.32B in sales. Fwd P/E is 87.71. Profit margin for the company is -22.29%. Distance from 52-week low is 138.97% and -27.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-5.86%).
with sales reaching $661.54M over the same period.The EPS is expected to grow by 62.40% this year, but quarterly earnings will post 28.70% year-over-year. Quarterly sales are estimated to grow 33.20% in year-over-year returns.
Affirm Holdings Inc (AFRM) Top Institutional Holders
508.0 institutions hold shares in Affirm Holdings Inc (AFRM), with institutional investors hold 84.49% of the company’s shares. The shares outstanding are 267.31M, and float is at 251.36M with Short Float at 9.28%. Institutions hold 80.45% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 30.55 million shares valued at $922.78 million. The investor’s holdings represent 9.7706% of the AFRM Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL RESEARCH GLOBAL INVESTORS with 23.76 million shares valued at $717.77 million to account for 7.5998 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 21.04 million shares representing 6.7292% and valued at over $635.53 million, while CAPITAL WORLD INVESTORS holds 6.0161 of the shares totaling 18.81 million with a market value of $568.18 million.
Affirm Holdings Inc (AFRM) Insider Activity
#####
Affirm Holdings Inc disclosed in a document filed with the SEC on Aug 01 ’24 that Rabois Keith (Director) sold a total of 9,275 shares of the company’s common stock. The trade occurred on Aug 01 ’24 and was made at $26.90 per share for $0.25 million. Following the transaction, the insider now directly holds 64348.0 shares of the AFRM stock.
Still, SEC filings show that on Jul 01 ’24, Rabois Keith (Director) disposed off 9,276 shares at an average price of $29.89 for $0.28 million. The insider now directly holds 73,623 shares of Affirm Holdings Inc (AFRM).
