Affirm Holdings Inc. [AFRM] Revenue clocked in at $703.10 million, down -40.92% YTD: What’s Next?

Affirm Holdings Inc. [NASDAQ: AFRM] closed the trading session at $57.45 on 07/15/21. The day’s price range saw the stock hit a low of $55.58, while the highest price level was $58.73. The company report on June 10, 2021 that Affirm to Participate in the RBC Capital Markets Financial Technology Conference.

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Affirm Holdings, Inc. (NASDAQ: AFRM), announced that Michael Linford, CFO, will virtually participate in a fireside chat at the RBC Capital Markets Financial Technology Conference on Thursday, June 17, 2021. The discussion will begin at 1:20 PM ET.

This fireside chat will be webcast live on the Company’s investor relations website at https://investors.affirm.com/. A replay of the webcast will be available for a limited period of time following the conference.

The stocks have a year to date performance of -40.92 percent and weekly performance of -10.22 percent. The stock has been moved at -40.92 percent over the last six months. The stock has performed -14.59 percent around the most recent 30 days and changed -16.34 percent over the most recent 3-months.

If compared to the average trading volume of 3.11M shares, AFRM reached to a volume of 3402611 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Affirm Holdings Inc. [AFRM]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for AFRM shares is $76.71 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on AFRM stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

DA Davidson have made an estimate for Affirm Holdings Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 24, 2021. While these analysts kept the previous recommendation, Stephens raised their target price to Underweight. The new note on the price target was released on June 22, 2021, representing the official price target for Affirm Holdings Inc. stock. Previously, the target price had yet another raise to $90, while Mizuho analysts kept a Buy rating on AFRM stock.

The Average True Range (ATR) for Affirm Holdings Inc. is set at 4.14, with the Price to Sales ratio for AFRM stock in the period of the last 12 months amounting to 20.61. The Price to Book ratio for the last quarter was 5.58, with the Price to Cash per share for the same quarter was set at 6.44.

AFRM stock trade performance evaluation

Affirm Holdings Inc. [AFRM] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.22. With this latest performance, AFRM shares dropped by -14.59% in over the last four-week period, additionally sinking by -40.92% over the last 6 months.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for AFRM stock in for the last two-week period is set at 38.40, with the RSI for the last a single of trading hit 32.38, and the three-weeks RSI is set at 41.84 for Affirm Holdings Inc. [AFRM]. The present Moving Average for the last 50 days of trading for this stock 60.78, while it was recorded at 60.93 for the last single week of trading.

Affirm Holdings Inc. [AFRM]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Affirm Holdings Inc. [AFRM] shares currently have an operating margin of +16.87 and a Gross Margin at +88.38. Affirm Holdings Inc.’s Net Margin is presently recorded at -22.10.

Return on Total Capital for AFRM is now 7.07, given the latest momentum, and Return on Invested Capital for the company is -23.17. Return on Equity for this stock declined to -23.17, with Return on Assets sitting at -8.83. When it comes to the capital structure of this company, Affirm Holdings Inc. [AFRM] has a Total Debt to Total Equity ratio set at 204.12. Additionally, AFRM Total Debt to Total Capital is recorded at 67.12, with Total Debt to Total Assets ending up at 63.62.

Receivables Turnover for the company is 9.98 with a Total Asset Turnover recorded at a value of 0.40.

Earnings per share (EPS) analysis for Affirm Holdings Inc. [AFRM] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for AFRM. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Affirm Holdings Inc. go to -0.71%.

Affirm Holdings Inc. [AFRM]: Insider Ownership positions

There are presently around $4,473 million, or 71.80% of AFRM stock, in the hands of institutional investors. The top three institutional holders of AFRM stocks are: SPARK GROWTH MANAGEMENT PARTNERS LLC with ownership of 8,350,634, which is approximately New of the company’s market cap and around 7.70% of the total institutional ownership; BAILLIE GIFFORD & CO, holding 8,179,944 shares of the stock with an approximate value of $469.94 million in AFRM stocks shares; and FMR LLC, currently with $402.56 million in AFRM stock with ownership of nearly New of the company’s market capitalization.

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Positions in Affirm Holdings Inc. stocks held by institutional investors increased at the end of August and at the time of the August reporting period, where 196 institutional holders increased their position in Affirm Holdings Inc. [NASDAQ:AFRM] by around 77,855,222 shares. Additionally, 2 investors decreased positions by around 120 shares, while 3 investors held positions by with 2,999 shares. The mentioned changes placed institutional holdings at 77,858,341 shares, according to the latest SEC report filing. AFRM stock had 196 new institutional investments in for a total of 77,855,222 shares, while 2 institutional investors sold positions of 120 shares during the same period.

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