Affirm Holdings Inc (NASDAQ: AFRM) kicked off on Friday, up 5.64% from the previous trading day, before settling in for the closing price of $41.66. Over the past 52 weeks, AFRM has traded in a range of $15.97-$52.48.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Technology sector was 56.51%. While this was happening, its average annual earnings per share was recorded 62.36%. With a float of $251.39 million, this company’s outstanding shares have now reached $267.31 million.
Considering the fact that the conglomerate employs 2006 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 74.34%, operating margin of -14.34%, and the pretax margin is -22.19%.
Affirm Holdings Inc (AFRM) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Software – Infrastructure Industry. The insider ownership of Affirm Holdings Inc is 19.22%, while institutional ownership is 67.50%. The most recent insider transaction that took place on Aug 30 ’24, was worth 298,841. Before that another transaction happened on Aug 01 ’24, when Company’s Director sold 9,275 for $26.90, making the entire transaction worth $249,514. This insider now owns 64,348 shares in total.
Affirm Holdings Inc (AFRM) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported -0.57 earnings per share (EPS), higher than consensus estimate (set at -0.7) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.28 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 62.36% per share during the next fiscal year.
Affirm Holdings Inc (NASDAQ: AFRM) Trading Performance Indicators
Take a look at Affirm Holdings Inc’s (AFRM) current performance indicators. Last quarter, stock had a quick ratio of 4.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.89. Likewise, its price to free cash flow for the trailing twelve months is 47.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.68, a number that is poised to hit -0.35 in the next quarter and is forecasted to reach 0.38 in one year’s time.
Technical Analysis of Affirm Holdings Inc (AFRM)
Compared to the last year’s volume of 8.52 million, its volume of 23.71 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 87.40%. Additionally, its Average True Range was 2.51.
During the past 100 days, Affirm Holdings Inc’s (AFRM) raw stochastic average was set at 96.11%, which indicates a significant increase from 95.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 111.86% in the past 14 days, which was higher than the 79.21% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $29.45, while its 200-day Moving Average is $34.79. Nevertheless, the first resistance level for the watch stands at $45.74 in the near term. At $47.48, the stock is likely to face the second major resistance level. The third major resistance level sits at $50.06. If the price goes on to break the first support level at $41.42, it is likely to go to the next support level at $38.84. Should the price break the second support level, the third support level stands at $37.10.
Affirm Holdings Inc (NASDAQ: AFRM) Key Stats
The company with the Market Capitalisation of 13.69 billion has total of 309,125K Shares Outstanding. Its annual sales at the moment are 1,588 M in contrast with the sum of -985,350 K annual income. Company’s last quarter sales were recorded 576,160 K and last quarter income was -133,940 K.
