Affirm Holdings Inc (NASDAQ:AFRM) shares traded 21.81% higher at $75.22 on Wall Street last session.
AFRM stock price is now 18.09% away from the 50-day moving average and 73.50% away from the 200-day moving average. The market capitalization of the company currently stands at $23.92B.
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With the price target enhanced from $20 to $61, Compass Point Upgraded its rating from Sell to Neutral for Affirm Holdings Inc (NASDAQ: AFRM). On January 21, 2025, Susquehanna Downgraded its previous ‘Positive’ rating to ‘Neutral’ on the stock keeping its target price maintained at $57, while ‘William Blair’ rates the stock as ‘Outperform’
In other news, Rabois Keith, Director sold 16,086 shares of the company’s stock on Feb 03 ’25. The stock was sold for $967,012 at an average price of $60.12. Upon completion of the transaction, the Director now directly owns 77,608 shares in the company, valued at $5.84 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 03 ’25, Chief Financial Officer O’Hare Robert sold 3,227 shares of the business’s stock. A total of $210,791 was realized by selling the stock at an average price of $65.32. This leaves the insider owning 668 shares of the company worth $50246.96. A total of 17.40% of the company’s stock is owned by insiders.
During the past 12 months, Affirm Holdings Inc has had a low of $22.25 and a high of $73.34. As of last week, the company has a debt-to-equity ratio of 2.63, a current ratio of 4.30, and a quick ratio of 4.30. The fifty day moving average price for AFRM is $63.6986 and a two-hundred day moving average price translates $43.3549 for the stock.
The latest earnings results from Affirm Holdings Inc (NASDAQ: AFRM) was released for 2024-09-30. The net profit margin was -7.10% and return on equity was -7.34% for AFRM. The company reported revenue of $698.48 million for the quarter, compared to $496.55 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 40.67 percent. For the current quarter, analysts expect AFRM to generate $777.77M in revenue.
