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The price of Wayfair Inc (NYSE: W) closed at $54.43 in the last session, up 0.70% from day before closing price of $54.05. In other words, the price has increased by $0.70 from its previous closing price. On the day, 4.9 million shares were traded. W stock price reached its highest trading level at $55.69 during the session, while it also had its lowest trading level at $53.32.
Ratios:
We take a closer look at W’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 170.17. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 15 ’24 when Blotner Jon sold 4,395 shares for $56.09 per share. The transaction valued at 246,516 led to the insider holds 43,926 shares of the business.
Conine Steven sold 10,000 shares of W for $526,250 on Jul 08 ’24. The Co-Founder now owns 209,073 shares after completing the transaction at $52.62 per share. On Jul 08 ’24, another insider, Shah Niraj, who serves as the Chief Executive Officer of the company, sold 10,000 shares for $52.62 each. As a result, the insider received 526,171 and left with 209,137 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 6630553600 and an Enterprise Value of 9550336000. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55. Its current Enterprise Value per Revenue stands at 0.799 whereas that against EBITDA is -19.773.
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 $38.37. The 50-Day Moving Average of the stock is -1.51%, while the 200-Day Moving Average is calculated to be -2.24%.
Shares Statistics:
According to the various share statistics, W traded on average about 4.11M shares per day over the past 3-months and 4525710 shares per day over the past 10 days. A total of 92.46M shares are outstanding, with a floating share count of 87.43M. Insiders hold about 28.29% of the company’s shares, while institutions hold 96.87% stake in the company. Shares short for W as of 1721001600 were 21815261 with a Short Ratio of 5.31, compared to 1718323200 on 20795266. Therefore, it implies a Short% of Shares Outstanding of 21815261 and a Short% of Float of 32.25.
