In the latest session, Wayfair Inc (NYSE: W) closed at $59.84 down -0.65% from its previous closing price of $60.23. In other words, the price has decreased by -$0.39 from its previous closing price. On the day, 3773149 shares were traded.
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Ratios:
For a deeper understanding of Wayfair Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.85.
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, Mizuho on Mar-20-24, initiated with a Buy rating and assigned the stock a target price of $72.
On February 16, 2024, Raymond James Upgraded its rating to Strong Buy which previously was Mkt Perform but kept the price unchanged to $65.
Morgan Stanley Upgraded its Equal-Weight to Overweight on January 16, 2024, whereas the target price for the stock was revised from $60 to $80.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 18 ’24 when Netzer Thomas sold 984 shares for $60.58 per share. The transaction valued at 59,611 led to the insider holds 117,841 shares of the business.
Conine Steven sold 10,000 shares of W for $599,061 on Mar 07 ’24. The Co-Founder now owns 249,073 shares after completing the transaction at $59.91 per share. On Mar 07 ’24, another insider, Shah Niraj, who serves as the Chief Executive Officer of the company, sold 10,000 shares for $59.90 each. As a result, the insider received 598,968 and left with 249,137 shares of the company.
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 7.25B and an Enterprise Value of 10.10B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60. Its current Enterprise Value per Revenue stands at 0.84 whereas that against EBITDA is -34.25.
Stock Price History:
Over the past 52 weeks, W has reached a high of $90.71, while it has fallen to a 52-week low of $29.51. The 50-Day Moving Average of the stock is 55.32, while the 200-Day Moving Average is calculated to be 58.80.
Shares Statistics:
For the past three months, W has traded an average of 4.25M shares per day and 3.15M over the past ten days. A total of 92.46M shares are outstanding, with a floating share count of 85.81M. Insiders hold about 28.70% of the company’s shares, while institutions hold 86.34% stake in the company. Shares short for W as of Feb 29, 2024 were 22.48M with a Short Ratio of 5.29, compared to 20.58M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 18.68% and a Short% of Float of 37.12%.
Earnings Estimates
There are 25 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.45 for the current quarter, with a high estimate of -$0.13 and a low estimate of -$1.42, while EPS last year was -$1.13. The consensus estimate for the next quarter is $0.53, with high estimates of $1.31 and low estimates of $0.02.
Analysts are recommending an EPS of between $1.72 and -$0.53 for the fiscal current year, implying an average EPS of $0.92. EPS for the following year is $2.08, with 28 analysts recommending between $4.28 and $0.7.
Revenue Estimates
A total of 28 analysts believe the company’s revenue will be $2.64B this quarter.It ranges from a high estimate of $2.69B to a low estimate of $2.61B. As of the current estimate, Wayfair Inc’s year-ago sales were $2.77B, an estimated decrease of -4.70% from the year-ago figure. For the next quarter, 27 analysts are estimating revenue of $3.1B, a decrease of -2.20% over than the figure of -$4.70% in the same quarter last year. There is a high estimate of $3.26B for the next quarter, whereas the lowest estimate is $2.91B.
A total of 32 analysts have provided revenue estimates for W’s current fiscal year. The highest revenue estimate was $12.27B, while the lowest revenue estimate was $11.68B, resulting in an average revenue estimate of $11.96B. In the same quarter a year ago, actual revenue was $12B, down -0.30% from the average estimate. Based on 32 analysts’ estimates, the company’s revenue will be $12.72B in the next fiscal year. The high estimate is $13.93B and the low estimate is $11.16B. The average revenue growth estimate for next year is up 6.30% from the average revenue estimate for this year.
