Affirm Holdings Inc (NASDAQ: AFRM) is -9.11% lower on its value in year-to-date trading and has touched a low of $22.25 and a high of $73.34 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 $54.69 in the last trading session, with the day’s gains setting it 0.66%.
Currently trading at $55.35, the stock is -12.95% and -10.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.65 million and changing 1.21% at the moment leaves the stock 34.70% off its SMA200. AFRM registered 29.29% gain for a year compared to 6-month gain of 72.43%. The firm has a 50-day simple moving average (SMA 50) of $61.6661 and a 200-day simple moving average (SMA200) of $40.998074.
The stock witnessed a -20.85% loss in the last 1 month and extending the period to 3 months gives it a 17.57%, and is -14.96% 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 5.90% over the week and 6.10% over the month.
Affirm Holdings Inc (AFRM) has around 2006 employees, a market worth around $17.38B and $2.52B in sales. Fwd P/E is 88.86. Profit margin for the company is -17.67%. Distance from 52-week low is 148.76% and -24.53% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.68%).
with sales reaching $806.03M over the same period.The EPS is expected to grow by 77.77% this year, but quarterly earnings will post 33.41% year-over-year. Quarterly sales are estimated to grow 36.36% in year-over-year returns.
Affirm Holdings Inc (AFRM) Top Institutional Holders
558.0 institutions hold shares in Affirm Holdings Inc (AFRM), with institutional investors hold 82.10% of the company’s shares. The shares outstanding are 271.83M, and float is at 258.31M with Short Float at 5.78%. Institutions hold 78.14% 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
The most recent transaction is an insider sale by O’Hare Robert, the company’s Chief Financial Officer. SEC filings show that O’Hare Robert sold 3,227 shares of the company’s common stock on Jan 03 ’25 at a price of $65.32 per share for a total of $0.21 million. Following the sale, the insider now owns 668.0 shares.
Affirm Holdings Inc disclosed in a document filed with the SEC on Jan 02 ’25 that O’Hare Robert (Chief Financial Officer) sold a total of 6,541 shares of the company’s common stock. The trade occurred on Jan 02 ’25 and was made at $62.28 per share for $0.41 million. Following the transaction, the insider now directly holds 2963.0 shares of the AFRM stock.
Still, SEC filings show that on Jan 02 ’25, Rabois Keith (Director) disposed off 16,086 shares at an average price of $62.32 for $1.0 million. The insider now directly holds 93,694 shares of Affirm Holdings Inc (AFRM).
