In the past week, AFRM stock has gone down by -4.15%, with a monthly decline of -7.98% and a quarterly surge of 54.13%. The volatility ratio for the week is 4.45%, and the volatility levels for the last 30 days are 6.19% for Affirm Holdings Inc The simple moving average for the past 20 days is -7.27% for AFRM’s stock, with a 57.24% simple moving average for the past 200 days.
Is It Worth Investing in Affirm Holdings Inc (NASDAQ: AFRM) Right Now?
AFRM has 36-month beta value of 3.67. Analysts have mixed views on the stock, with 6 analysts rating it as a “buy,” 5 as “overweight,” 9 as “hold,” and 1 as “sell.”
The public float for AFRM is 258.31M, and currently, short sellers hold a 5.82% ratio of that float. The average trading volume of AFRM on December 30, 2024 was 9.50M shares.
AFRM) stock’s latest price update
The stock of Affirm Holdings Inc (NASDAQ: AFRM) has decreased by -2.67 when compared to last closing price of 64.64.Despite this, the company has seen a loss of -4.15% in its stock price over the last five trading days. zacks.com reported 2024-12-30 that Recently, Zacks.com users have been paying close attention to Affirm Holdings (AFRM). This makes it worthwhile to examine what the stock has in store.
Analysts’ Opinion of AFRM
Many brokerage firms have already submitted their reports for AFRM stocks, with JMP Securities repeating the rating for AFRM by listing it as a “Mkt Outperform.” The predicted price for AFRM in the upcoming period, according to JMP Securities is $78 based on the research report published on December 20, 2024 of the current year 2024.
Jefferies, on the other hand, stated in their research note that they expect to see AFRM reach a price target of $82, previously predicting the price at $70. The rating they have provided for AFRM stocks is “Buy” according to the report published on December 19th, 2024.
Wedbush gave a rating of “Neutral” to AFRM, setting the target price at $45 in the report published on October 14th of the current year.
AFRM Trading at 6.98% 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 -14.22% of loss for the given period.
Volatility was left at 6.19%, however, over the last 30 days, the volatility rate increased by 4.45%, as shares sank -10.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +42.80% upper at present.
During the last 5 trading sessions, AFRM fell by -4.43%, which changed the moving average for the period of 200-days by +87.70% in comparison to the 20-day moving average, which settled at $67.84. In addition, Affirm Holdings Inc saw 28.03% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AFRM starting from Watson Noel Bertram, who sale 2,500 shares at the price of $72.05 back on Dec 16 ’24. After this action, Watson Noel Bertram now owns 41,497 shares of Affirm Holdings Inc, valued at $180,135 using the latest closing price.
NOEL WATSON, the Director of Affirm Holdings Inc, proposed sale 2,500 shares at $70.70 during a trade that took place back on Dec 16 ’24, which means that NOEL WATSON is holding shares at $176,750 based on the most recent closing price.
Stock Fundamentals for AFRM
Current profitability levels for the company are sitting at:
- -0.1 for the present operating margin
- 0.76 for the gross margin
The net margin for Affirm Holdings Inc stands at -0.18. The total capital return value is set at -0.03. Equity return is now at value -16.52, with -4.81 for asset returns.
Based on Affirm Holdings Inc (AFRM), the company’s capital structure generated 0.71 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 2.5. The interest coverage ratio of the stock is -0.95.
Currently, EBITDA for the company is -2.23 million with net debt to EBITDA at -1839.97. When we switch over and look at the enterprise to sales, we see a ratio of 10.25. The receivables turnover for the company is 8.19for trailing twelve months and the total asset turnover is 0.25. The liquidity ratio also appears to be rather interesting for investors as it stands at 6.02.
Conclusion
To put it simply, Affirm Holdings Inc (AFRM) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
