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The price of Warby Parker Inc (NYSE: WRBY) closed at $17.21 in the last session, up 0.53% from day before closing price of $17.12. In other words, the price has increased by $0.53 from its previous closing price. On the day, 1.42 million shares were traded. WRBY stock price reached its highest trading level at $17.86 during the session, while it also had its lowest trading level at $17.19.
Ratios:
We take a closer look at WRBY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.67 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 85.94. For the most recent quarter (mrq), Quick Ratio is recorded 2.08 and its Current Ratio is at 2.52. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.51.
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 the company, Goldman on October 21, 2024, Upgraded its rating to Buy and sets its target price to $18 from $15 previously.
On August 23, 2024, JMP Securities Upgraded its rating to Mkt Outperform which previously was Mkt Perform but kept the price unchanged to $20.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 11 ’24 when Miller Steven Clive sold 6,763 shares for $13.90 per share. The transaction valued at 94,006 led to the insider holds 177,488 shares of the business.
STEVE MILLER bought 6,763 shares of WRBY for $93,870 on Sep 11 ’24. On Sep 06 ’24, another insider, Miller Steven Clive, who serves as the Chief Financial Officer of the company, sold 15,272 shares for $13.00 each. As a result, the insider received 198,536 and left with 184,251 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, WRBY now has a Market Capitalization of 2099740416 and an Enterprise Value of 2016688768. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.86 while its Price-to-Book (P/B) ratio in mrq is 6.26. Its current Enterprise Value per Revenue stands at 2.801 whereas that against EBITDA is -224.376.
Stock Price History:
Over the past 52 weeks, WRBY has reached a high of $18.37, while it has fallen to a 52-week low of $9.83. The 50-Day Moving Average of the stock is 12.34%, while the 200-Day Moving Average is calculated to be 17.99%.
Shares Statistics:
According to the various share statistics, WRBY traded on average about 1.68M shares per day over the past 3-months and 1498470 shares per day over the past 10 days. A total of 98.37M shares are outstanding, with a floating share count of 87.53M. Insiders hold about 26.96% of the company’s shares, while institutions hold 76.40% stake in the company. Shares short for WRBY as of 1728950400 were 14579982 with a Short Ratio of 8.69, compared to 1726185600 on 14172765. Therefore, it implies a Short% of Shares Outstanding of 14579982 and a Short% of Float of 19.99.
