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Wayfair Inc (NYSE: W) closed the day trading at $50.98 down -2.43% from the previous closing price of $52.25. In other words, the price has decreased by -$2.43 from its previous closing price. On the day, 3.44 million shares were traded. W stock price reached its highest trading level at $53.07 during the session, while it also had its lowest trading level at $50.92.
Ratios:
For a better understanding of W, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 159.38. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 18 ’24 when Netzer Thomas sold 1,050 shares for $52.78 per share. The transaction valued at 55,419 led to the insider holds 135,593 shares of the business.
Conine Steven sold 10,000 shares of W for $567,915 on Jun 07 ’24. The Co-Founder now owns 219,073 shares after completing the transaction at $56.79 per share. On Jun 07 ’24, another insider, Shah Niraj, who serves as the Chief Executive Officer of the company, sold 10,000 shares for $56.78 each. As a result, the insider received 567,810 and left with 219,137 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 6215991296 and an Enterprise Value of 9176009728. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.52. Its current Enterprise Value per Revenue stands at 0.767 whereas that against EBITDA is -18.998.
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 -14.27%, while the 200-Day Moving Average is calculated to be -10.61%.
Shares Statistics:
Over the past 3-months, W traded about 4.22M shares per day on average, while over the past 10 days, W traded about 3624430 shares per day. A total of 92.46M shares are outstanding, with a floating share count of 87.46M. Insiders hold about 28.27% of the company’s shares, while institutions hold 87.96% stake in the company. Shares short for W as of 1715731200 were 20730520 with a Short Ratio of 5.22, compared to 1713139200 on 23291738. Therefore, it implies a Short% of Shares Outstanding of 20730520 and a Short% of Float of 30.65.
Earnings Estimates
The performance of Wayfair Inc (W) in the stock market is under the watchful eye of 29.0 analysts actively contributing to its current rating.On average, analysts expect EPS of $0.49 for the current quarter, with a high estimate of $0.65 and a low estimate of $0.34, while EPS last year was $0.21. The consensus estimate for the next quarter is $0.4, with high estimates of $0.69 and low estimates of $0.21.
Analysts are recommending an EPS of between $1.52 and $0.13 for the fiscal current year, implying an average EPS of $1.09. EPS for the following year is $2.1, with 32.0 analysts recommending between $3.34 and $1.25.
Revenue Estimates
31 analysts predict $3.19B in revenue for the current quarter. It ranges from a high estimate of $3.23B to a low estimate of $3.15B. As of the current estimate, Wayfair Inc’s year-ago sales were $3.17BFor the next quarter, 31 analysts are estimating revenue of $3.01B. There is a high estimate of $3.08B for the next quarter, whereas the lowest estimate is $2.89B.
A total of 35 analysts have provided revenue estimates for W’s current fiscal year. The highest revenue estimate was $12.34B, while the lowest revenue estimate was $11.96B, resulting in an average revenue estimate of $12.16B. In the same quarter a year ago, actual revenue was $12BBased on 35 analysts’ estimates, the company’s revenue will be $12.89B in the next fiscal year. The high estimate is $13.62B and the low estimate is $12.32B.
