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In the latest session, Warby Parker Inc (NYSE: WRBY) closed at $13.40 up 8.24% from its previous closing price of $12.38. In other words, the price has increased by $8.24 from its previous closing price. On the day, 1.13 million shares were traded. WRBY stock price reached its highest trading level at $13.43 during the session, while it also had its lowest trading level at $12.41.
Ratios:
For a deeper understanding of Warby Parker Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.30 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 216.30. 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:
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 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 1583384192 and an Enterprise Value of 1420418432. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.36 while its Price-to-Book (P/B) ratio in mrq is 5.25. Its current Enterprise Value per Revenue stands at 2.121 whereas that against EBITDA is -47.015.
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 2.92%, while the 200-Day Moving Average is calculated to be 3.64%.
Shares Statistics:
For the past three months, WRBY has traded an average of 1.22M shares per day and 1004250 over the past ten 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 73.74% stake in the company. Shares short for WRBY as of 1711584000 were 9366075 with a Short Ratio of 7.70, compared to 1709164800 on 8918699. Therefore, it implies a Short% of Shares Outstanding of 9366075 and a Short% of Float of 19.74.
Earnings Estimates
Currently, 6.0 analysts are dedicated to thoroughly evaluating and rating the performance of Warby Parker Inc (WRBY) in the stock market.On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.06, while EPS last year was $0.06. The consensus estimate for the next quarter is $0.05, with high estimates of $0.06 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.2 and $0.14 for the fiscal current year, implying an average EPS of $0.18. EPS for the following year is $0.28, with 6.0 analysts recommending between $0.3 and $0.23.
Revenue Estimates
A total of 12 analysts believe the company’s revenue will be $196.36M this quarter.It ranges from a high estimate of $197M to a low estimate of $195.75M. As of the current estimate, Warby Parker Inc’s year-ago sales were $171.97MFor the next quarter, 12 analysts are estimating revenue of $186.99M. There is a high estimate of $197M for the next quarter, whereas the lowest estimate is $182.1M.
A total of 13 analysts have provided revenue estimates for WRBY’s current fiscal year. The highest revenue estimate was $757M, while the lowest revenue estimate was $750.4M, resulting in an average revenue estimate of $755.13M. In the same quarter a year ago, actual revenue was $669.76MBased on 13 analysts’ estimates, the company’s revenue will be $851.01M in the next fiscal year. The high estimate is $868.1M and the low estimate is $833.3M.
