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As of close of business last night, Wayfair Inc’s stock clocked out at $59.49, up 0.68% from its previous closing price of $59.09. In other words, the price has increased by $0.68 from its previous closing price. On the day, 3.53 million shares were traded. W stock price reached its highest trading level at $60.975 during the session, while it also had its lowest trading level at $58.7.
Ratios:
To gain a deeper understanding of W’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 6.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 185.99. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.78.
On April 24, 2024, RBC Capital Mkts reiterated its Sector Perform rating and also upped its target price recommendation from $62 to $61.
Evercore ISI Upgraded its In-line to Outperform on April 04, 2024, whereas the target price for the stock was revised from $65 to $80.
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 May 07 ’24 when Conine Steven sold 10,000 shares for $68.26 per share. The transaction valued at 682,588 led to the insider holds 229,073 shares of the business.
Shah Niraj sold 10,000 shares of W for $680,330 on May 07 ’24. The Chief Executive Officer now owns 229,137 shares after completing the transaction at $68.03 per share. On May 02 ’24, another insider, Schaferkordt Anke, who serves as the Director of the company, sold 348 shares for $58.81 each. As a result, the insider received 20,465 and left with 13,251 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, W now has a Market Capitalization of 7253616128 and an Enterprise Value of 10213637120. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.61. Its current Enterprise Value per Revenue stands at 0.854 whereas that against EBITDA is -21.146.
Stock Price History:
Over the past 52 weeks, W has reached a high of $90.71, while it has fallen to a 52-week low of $37.85. The 50-Day Moving Average of the stock is -4.10%, while the 200-Day Moving Average is calculated to be 2.51%.
Shares Statistics:
It appears that W traded 4.13M shares on average per day over the past three months and 3226230 shares per day over the past ten days. A total of 92.46M shares are outstanding, with a floating share count of 87.30M. Insiders hold about 28.40% of the company’s shares, while institutions hold 88.16% stake in the company. Shares short for W as of 1715731200 were 20730520 with a Short Ratio of 5.02, compared to 1713139200 on 23291738. Therefore, it implies a Short% of Shares Outstanding of 20730520 and a Short% of Float of 30.65.
