Affirm Holdings Inc (NASDAQ:AFRM) traded at $69.35 at close of the session on current trade day and made an upward move of 4.21% on its previous day’s price.
Looking at the stock we see that its previous close was $66.55 and the beta (5Y monthly) reads 3.477 with the day’s price range being $67.01 – $70.2. In terms of its 52-week price range, AFRM has a high of $70.03 and a low of $22.25. The company’s stock has gained about 70.39% over that past 30 days.
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Affirm Holdings Inc has a market cap of $22.05 billion and is expected to release its quarterly earnings report in December. Estimates by analysts give the company expected earnings per share (EPS) of -0.3, with the EPS growth for the year raised at -1.26 for current year and -1.26 for next year.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at 806.17M, with a low of 788.25M and a high of 869.6M. The median projection represents growth squeezing down to 36.38% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for current year is expected to hit 3.1B, or 33.39% up from figures reported last year.
On the other hand, looking at the outlook for the AFRM stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy.
Based on estimates by 16 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 7 have rated the Affirm Holdings Inc (AFRM) stock as a Hold, while 5 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 4 suggest the stock as a Sell. The stock has an overall rating of Hold and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 28.43% off its SMA20 and 46.33% from its 50-day simple moving average. The RSI (14) is pointing at 76.34 while the volatility over the past week is 5.70% and jumps to 7.37% over the past one month. The beta value is 3.61, while the average true range (ATR) is currently pointing at 3.88. The average price target for the stock over the next 12 months is $45, with the estimates having a low of $6 and a high of $85. These price ends are 91.35% and -22.57% off the current price level respectively, although investors could be excited at the prospect of a 35.11% if the AFRM share price touches on the median price of $45.
Coming back to Affirm Holdings Inc (NASDAQ:AFRM), we note that the average 3-month trading volume was 11.73 million, while that of the preceding 10-day period stands at 14.8 million. Current shares outstanding are 267.31 million.
The insiders hold 17.75% of the company’s shares while institutions hold 67.16%. The data shows that short shares as of 2024-10-31, stood at 18.34 million at a short ratio of 2.14. This represents a 682.00 short interest in shares outstanding on 2024-10-31. Shares short fall in October from the previous month at 19.35 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 41.13% up in year-to-date price movement.
