Company’s 36-month beta value is 3.50.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for AFRM is 251.62M, and currently, short sellers hold a 7.69% ratio of that floaft. The average trading volume of AFRM on October 21, 2024 was 9.43M shares.
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AFRM) stock’s latest price update
The stock of Affirm Holdings Inc (NASDAQ: AFRM) has increased by 1.39 when compared to last closing price of 43.93. Despite this, the company has experienced a -5.40% fall in its stock price over the last five trading sessions. zacks.com reported 2024-10-18 that Affirm Holdings (AFRM) reachead $44.54 at the closing of the latest trading day, reflecting a +1.39% change compared to its last close.
AFRM’s Market Performance
Affirm Holdings Inc (AFRM) has experienced a -5.40% fall in stock performance for the past week, with a -0.98% drop in the past month, and a 50.32% rise in the past quarter. The volatility ratio for the week is 6.49%, and the volatility levels for the past 30 days are at 5.72% for AFRM. The simple moving average for the last 20 days is 3.92% for AFRM stock, with a simple moving average of 25.65% for the last 200 days.
Analysts’ Opinion of AFRM
Many brokerage firms have already submitted their reports for AFRM stocks, with Wedbush repeating the rating for AFRM by listing it as a “Neutral.” The predicted price for AFRM in the upcoming period, according to Wedbush is $45 based on the research report published on October 14, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see AFRM reach a price target of $52, previously predicting the price at $40. The rating they have provided for AFRM stocks is “Overweight” according to the report published on October 11th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to AFRM, setting the target price at $37 in the report published on October 09th of the current year.
AFRM Trading at 15.18% from the 50-Day Moving Average
After a stumble in the market that brought AFRM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.13% of loss for the given period.
Volatility was left at 5.72%, however, over the last 30 days, the volatility rate increased by 6.49%, as shares sank -0.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +76.64% upper at present.
During the last 5 trading sessions, AFRM fell by -5.40%, which changed the moving average for the period of 200-days by +2.41% in comparison to the 20-day moving average, which settled at $42.86. In addition, Affirm Holdings Inc saw -9.36% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AFRM starting from Adkins Katherine, who sale 82,316 shares at the price of $45.00 back on Sep 18 ’24. After this action, Adkins Katherine now owns 91,499 shares of Affirm Holdings Inc, valued at $3,704,228 using the latest closing price.
Adkins Katherine, the Chief Legal Officer of Affirm Holdings Inc, sale 46,600 shares at $45.00 during a trade that took place back on Sep 17 ’24, which means that Adkins Katherine is holding 122,069 shares at $2,097,061 based on the most recent closing price.
Stock Fundamentals for AFRM
Current profitability levels for the company are sitting at:
- -0.14 for the present operating margin
- 0.74 for the gross margin
The net margin for Affirm Holdings Inc stands at -0.22. The total capital return value is set at -0.04. Equity return is now at value -19.66, with -5.86 for asset returns.
Based on Affirm Holdings Inc (AFRM), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 2.35. The interest coverage ratio of the stock is -0.97.
Currently, EBITDA for the company is 86.36 million with net debt to EBITDA at 130.7. When we switch over and look at the enterprise to sales, we see a ratio of 8.19. The receivables turnover for the company is 6.58for trailing twelve months and the total asset turnover is 0.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.84.
Conclusion
In a nutshell, Affirm Holdings Inc (AFRM) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
