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Wayfair Inc (NYSE: W) closed the day trading at $68.21 down -1.93% from the previous closing price of $69.55. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 4.35 million shares were traded. W stock price reached its highest trading level at $68.35 during the session, while it also had its lowest trading level at $65.76.
Ratios:
For a better understanding of W, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 213.25. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.78.
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, RBC Capital Mkts on April 24, 2024, Reiterated its Sector Perform rating but revised its target price to $61 from $62 previously.
On April 04, 2024, Evercore ISI Upgraded its rating to Outperform which previously was In-line and also upped its target price recommendation from $65 to $80.
On March 19, 2024, Mizuho started tracking the stock assigning a Buy rating and target price of $72.Mizuho initiated its Buy rating on March 19, 2024, with a $72 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 07 ’24 when Conine Steven sold 10,000 shares for $68.26 per share. The transaction valued at 682,588 led to the insider holds 229,073 shares of the business.
Shah Niraj sold 10,000 shares of W for $680,330 on May 07 ’24. The Chief Executive Officer now owns 229,137 shares after completing the transaction at $68.03 per share. On May 02 ’24, another insider, Schaferkordt Anke, who serves as the Director of the company, sold 348 shares for $58.81 each. As a result, the insider received 20,465 and left with 13,251 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 8316845056 and an Enterprise Value of 11440257024. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.70. Its current Enterprise Value per Revenue stands at 0.957 whereas that against EBITDA is -23.686.
Stock Price History:
The Beta on a monthly basis for W is 3.42, which has changed by 0.93948686 over the last 52 weeks, in comparison to a change of 0.2537824 over the same period for the S&P500. Over the past 52 weeks, W has reached a high of $90.71, while it has fallen to a 52-week low of $33.85. The 50-Day Moving Average of the stock is 13.17%, while the 200-Day Moving Average is calculated to be 16.00%.
Shares Statistics:
Over the past 3-months, W traded about 4.49M shares per day on average, while over the past 10 days, W traded about 6690570 shares per day. A total of 92.46M shares are outstanding, with a floating share count of 87.40M. Insiders hold about 28.32% of the company’s shares, while institutions hold 83.95% stake in the company. Shares short for W as of 1713139200 were 23291738 with a Short Ratio of 5.19, compared to 1710460800 on 21495522. Therefore, it implies a Short% of Shares Outstanding of 23291738 and a Short% of Float of 35.22.
Earnings Estimates
The stock of Wayfair Inc (W) is currently being evaluated by 28.0 analysts who are actively contributing to its market rating.On average, analysts expect EPS of $0.49 for the current quarter, with a high estimate of $0.65 and a low estimate of $0.31, while EPS last year was $0.21. The consensus estimate for the next quarter is $0.41, with high estimates of $0.69 and low estimates of $0.21.
Analysts are recommending an EPS of between $1.52 and $0.13 for the fiscal current year, implying an average EPS of $1.06. EPS for the following year is $2.05, with 31.0 analysts recommending between $3.34 and $0.89.
Revenue Estimates
30 analysts predict $3.18B in revenue for the current quarter. It ranges from a high estimate of $3.23B to a low estimate of $3.03B. As of the current estimate, Wayfair Inc’s year-ago sales were $3.17BFor the next quarter, 30 analysts are estimating revenue of $3B. There is a high estimate of $3.08B for the next quarter, whereas the lowest estimate is $2.89B.
A total of 34 analysts have provided revenue estimates for W’s current fiscal year. The highest revenue estimate was $12.34B, while the lowest revenue estimate was $11.67B, resulting in an average revenue estimate of $12.13B. In the same quarter a year ago, actual revenue was $12BBased on 35 analysts’ estimates, the company’s revenue will be $12.89B in the next fiscal year. The high estimate is $13.93B and the low estimate is $11.86B.
