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The closing price of Warby Parker Inc (NYSE: WRBY) was $14.04 for the day, up 4.31% from the previous closing price of $13.46. In other words, the price has increased by $4.31 from its previous closing price. On the day, 1.11 million shares were traded. WRBY stock price reached its highest trading level at $14.105 during the session, while it also had its lowest trading level at $13.7.
Ratios:
Our analysis of WRBY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 70.11. 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.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 13 ’24 when SINGER BRADLEY E bought 50,000 shares for $13.00 per share. The transaction valued at 650,000 led to the insider holds 100,000 shares of the business.
SINGER BRADLEY E bought 25,000 shares of WRBY for $315,750 on Aug 14 ’24. The Director now owns 125,000 shares after completing the transaction at $12.63 per share. On Jun 14 ’24, another insider, D1 Capital Partners L.P., who serves as the 10% Owner of the company, sold 5,500,000 shares for $15.66 each. As a result, the insider received 86,130,000 and left with 9,444,023 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 1682511488 and an Enterprise Value of 1636804224. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.34 while its Price-to-Book (P/B) ratio in mrq is 5.11. Its current Enterprise Value per Revenue stands at 2.274 whereas that against EBITDA is -154.649.
Stock Price History:
Over the past 52 weeks, WRBY has reached a high of $17.95, while it has fallen to a 52-week low of $9.83. The 50-Day Moving Average of the stock is -9.53%, while the 200-Day Moving Average is calculated to be 1.65%.
Shares Statistics:
WRBY traded an average of 1.37M shares per day over the past three months and 1943420 shares per day over the past ten days. A total of 98.37M shares are outstanding, with a floating share count of 87.25M. Insiders hold about 27.19% of the company’s shares, while institutions hold 77.04% stake in the company. Shares short for WRBY as of 1722384000 were 11243208 with a Short Ratio of 8.22, compared to 1719532800 on 11576124. Therefore, it implies a Short% of Shares Outstanding of 11243208 and a Short% of Float of 15.409999999999998.
Earnings Estimates
At present, 5.0 analysts are actively evaluating the performance of Warby Parker Inc (WRBY) in the stock market.The consensus estimate for the next quarter is $0.02, with high estimates of $0.03 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.27 and $0.22 for the fiscal current year, implying an average EPS of $0.24. EPS for the following year is $0.3, with 6.0 analysts recommending between $0.33 and $0.25.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 12 analysts. It ranges from a high estimate of $190.42M to a low estimate of $189M. As of the current estimate, Warby Parker Inc’s year-ago sales were $164.59MFor the next quarter, 12 analysts are estimating revenue of $183.19M. There is a high estimate of $184.23M for the next quarter, whereas the lowest estimate is $181.53M.
A total of 13 analysts have provided revenue estimates for WRBY’s current fiscal year. The highest revenue estimate was $764.04M, while the lowest revenue estimate was $759.56M, resulting in an average revenue estimate of $761.4M. In the same quarter a year ago, actual revenue was $669.76MBased on 13 analysts’ estimates, the company’s revenue will be $860.62M in the next fiscal year. The high estimate is $874.22M and the low estimate is $846M.
