In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Wayfair Inc (NYSE: W) was $44.62 for the day, up 1.99% from the previous closing price of $43.75. In other words, the price has increased by $1.99 from its previous closing price. On the day, 2.67 million shares were traded. W stock price reached its highest trading level at $45.48 during the session, while it also had its lowest trading level at $42.37.
Ratios:
Our analysis of W’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 127.56. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 0.84.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Needham on November 04, 2024, Reiterated its Buy rating but revised its target price to $50 from $60 previously.
UBS reiterated its Buy rating for the stock on October 22, 2024, while the target price for the stock was revised from $70 to $65.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 20 ’24 when Conine Steven sold 30,000 shares for $45.75 per share. The transaction valued at 1,372,392 led to the insider holds 602,573 shares of the business.
Shah Niraj sold 30,000 shares of W for $1,372,486 on Dec 20 ’24. The Chief Executive Officer now owns 602,637 shares after completing the transaction at $45.75 per share. On Dec 20 ’24, another insider, Shah Niraj, who serves as the Officer of the company, bought 30,000 shares for $45.75 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, W now has a Market Capitalization of 5591733760 and an Enterprise Value of 8363715584. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46. Its current Enterprise Value per Revenue stands at 0.706 whereas that against EBITDA is -26.636.
Stock Price History:
Over the past 52 weeks, W has reached a high of $76.18, while it has fallen to a 52-week low of $37.35. The 50-Day Moving Average of the stock is -1.63%, while the 200-Day Moving Average is calculated to be -14.49%.
Shares Statistics:
W traded an average of 4.64M shares per day over the past three months and 3433360 shares per day over the past ten days. A total of 97.89M shares are outstanding, with a floating share count of 90.01M. Insiders hold about 28.18% of the company’s shares, while institutions hold 87.87% stake in the company. Shares short for W as of 1734048000 were 17577577 with a Short Ratio of 3.79, compared to 1731628800 on 16038292. Therefore, it implies a Short% of Shares Outstanding of 17577577 and a Short% of Float of 24.75.
