Market Watch: Warby Parker Inc (WRBY)’s Noteworthy Gain, Closing at 21.34

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As of close of business last night, Warby Parker Inc’s stock clocked out at $21.34, up 1.04% from its previous closing price of $21.12. In other words, the price has increased by $1.04 from its previous closing price. On the day, 1.59 million shares were traded. WRBY stock price reached its highest trading level at $21.42 during the session, while it also had its lowest trading level at $21.08.

Ratios:

To gain a deeper understanding of WRBY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 78.75. For the most recent quarter (mrq), Quick Ratio is recorded 2.04 and its Current Ratio is at 2.44. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.51.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on November 08, 2024, Reiterated its Outperform rating but revised its target price to $22 from $19 previously.

Goldman Upgraded its Neutral to Buy on October 21, 2024, whereas the target price for the stock was revised from $15 to $18.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 14 ’24 when Warby Parker Impact Foundation bought 29,762 shares for $21.34 per share.

Miller Steven Clive sold 6,763 shares of WRBY for $94,006 on Sep 11 ’24. The Chief Financial Officer now owns 177,488 shares after completing the transaction at $13.90 per share. On Sep 11 ’24, another insider, STEVE MILLER, who serves as the Officer of the company, bought 6,763 shares for $13.88 each.

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 2567991552 and an Enterprise Value of 2513129984. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.46 while its Price-to-Book (P/B) ratio in mrq is 7.62. Its current Enterprise Value per Revenue stands at 3.385 whereas that against EBITDA is 841.074.

Stock Price History:

Over the past 52 weeks, WRBY has reached a high of $21.77, while it has fallen to a 52-week low of $10.28. The 50-Day Moving Average of the stock is 29.53%, while the 200-Day Moving Average is calculated to be 42.64%.

Shares Statistics:

It appears that WRBY traded 1.69M shares on average per day over the past three months and 1972660 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 26.65% of the company’s shares, while institutions hold 77.71% stake in the company. Shares short for WRBY as of 1730332800 were 14094942 with a Short Ratio of 8.35, compared to 1727654400 on 13652824. Therefore, it implies a Short% of Shares Outstanding of 14094942 and a Short% of Float of 19.08.

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