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The closing price of Wayfair Inc (NYSE: W) was $54.03 for the day, up 1.87% from the previous closing price of $53.04. In other words, the price has increased by $1.87 from its previous closing price. On the day, 3.75 million shares were traded. W stock price reached its highest trading level at $54.6 during the session, while it also had its lowest trading level at $53.3.
Ratios:
Our analysis of W’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 4.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 70.97. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.83.
BofA Securities Downgraded its Buy to Neutral on August 01, 2024, whereas the target price for the stock was revised from $85 to $58.
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 17 ’24 when Netzer Thomas sold 1,011 shares for $49.42 per share. The transaction valued at 49,964 led to the insider holds 151,802 shares of the business.
Netzer Thomas bought 1,011 shares of W for $49,961 on Sep 17 ’24. On Sep 10 ’24, another insider, Shah Niraj, who serves as the Officer of the company, bought 2,000 shares for $43.15 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, W now has a Market Capitalization of 6670813696 and an Enterprise Value of 9434792960. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.56. Its current Enterprise Value per Revenue stands at 0.793 whereas that against EBITDA is -24.828.
Stock Price History:
Over the past 52 weeks, W has reached a high of $76.18, while it has fallen to a 52-week low of $38.02. The 50-Day Moving Average of the stock is 15.75%, while the 200-Day Moving Average is calculated to be -2.10%.
Shares Statistics:
W traded an average of 4.22M shares per day over the past three months and 4752940 shares per day over the past ten days. A total of 92.46M shares are outstanding, with a floating share count of 89.00M. Insiders hold about 27.92% of the company’s shares, while institutions hold 89.54% stake in the company. Shares short for W as of 1724976000 were 22155424 with a Short Ratio of 5.25, compared to 1722384000 on 22366634. Therefore, it implies a Short% of Shares Outstanding of 22155424 and a Short% of Float of 32.029998.
