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The closing price of Warby Parker Inc (NYSE: WRBY) was $15.04 for the day, down -3.47% from the previous closing price of $15.58. In other words, the price has decreased by -$3.47 from its previous closing price. On the day, 0.77 million shares were traded. WRBY stock price reached its highest trading level at $15.58 during the session, while it also had its lowest trading level at $15.015.
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 7.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 75.10. 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.
BTIG Research Upgraded its Neutral to Buy on October 12, 2023, while the target price for the stock was maintained at $17.
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 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 1867065600 and an Enterprise Value of 1756641664. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.50 while its Price-to-Book (P/B) ratio in mrq is 5.47. Its current Enterprise Value per Revenue stands at 2.44 whereas that against EBITDA is -195.443.
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 1.79%, while the 200-Day Moving Average is calculated to be 5.04%.
Shares Statistics:
WRBY traded an average of 1.59M shares per day over the past three months and 1423190 shares per day over the past ten 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 76.25% stake in the company. Shares short for WRBY as of 1726185600 were 14172765 with a Short Ratio of 8.92, compared to 1723680000 on 11799528. Therefore, it implies a Short% of Shares Outstanding of 14172765 and a Short% of Float of 19.43.
