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The price of Warby Parker Inc (NYSE: WRBY) closed at $12.79 in the last session, up 0.87% from day before closing price of $12.68. In other words, the price has increased by $0.87 from its previous closing price. On the day, 0.83 million shares were traded. WRBY stock price reached its highest trading level at $12.87 during the session, while it also had its lowest trading level at $12.68.
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 6.97 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 206.46. For the most recent quarter (mrq), Quick Ratio is recorded 1.86 and its Current Ratio is at 2.35. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.50.
On October 03, 2023, Evercore ISI Upgraded its rating to Outperform which previously was In-line but kept the price unchanged to $20.
On September 25, 2023, UBS started tracking the stock assigning a Neutral rating and target price of $13.UBS initiated its Neutral rating on September 25, 2023, with a $13 target price.
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 Mar 11 ’24 when Miller Steven Clive sold 24,225 shares for $11.98 per share. The transaction valued at 290,216 led to the insider holds 166,879 shares of the business.
Gilboa David Abraham sold 52,065 shares of WRBY for $635,193 on Mar 08 ’24. The Co-Chief Executive Officer now owns 12,306 shares after completing the transaction at $12.20 per share. On Mar 07 ’24, another insider, Blumenthal Neil Harris, who serves as the Co-Chief Executive Officer of the company, sold 50,000 shares for $12.40 each. As a result, the insider received 620,000 and left with 12,177 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 1507544448 and an Enterprise Value of 1468865152. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.26 while its Price-to-Book (P/B) ratio in mrq is 5.01. Its current Enterprise Value per Revenue stands at 2.193 whereas that against EBITDA is -48.619.
Stock Price History:
Over the past 52 weeks, WRBY has reached a high of $16.49, while it has fallen to a 52-week low of $9.83. The 50-Day Moving Average of the stock is 0.48%, while the 200-Day Moving Average is calculated to be -0.79%.
Shares Statistics:
According to the various share statistics, WRBY traded on average about 1.26M shares per day over the past 3-months and 1129320 shares per day over the past 10 days. A total of 98.37M shares are outstanding, with a floating share count of 84.66M. Insiders hold about 28.35% of the company’s shares, while institutions hold 73.77% stake in the company. Shares short for WRBY as of 1713139200 were 10238307 with a Short Ratio of 8.11, compared to 1710460800 on 8951579. Therefore, it implies a Short% of Shares Outstanding of 10238307 and a Short% of Float of 14.34.
