Wayfair Inc (NYSE: W) closed the day trading at $52.49 down -0.13% from the previous closing price of $52.56. In other words, the price has decreased by -$0.07 from its previous closing price. On the day, 3811023 shares were traded. W stock price reached its highest trading level at $54.76 during the session, while it also had its lowest trading level at $51.83.
Ratios:
For a better understanding of W, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.85.
On January 16, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Equal-Weight and also upped its target price recommendation from $60 to $80.
On January 09, 2024, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $57.BMO Capital Markets initiated its Market Perform rating on January 09, 2024, with a $57 target price.
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 Feb 09 when Shah Niraj sold 8,300 shares for $52.31 per share. The transaction valued at 434,173 led to the insider holds 259,137 shares of the business.
Conine Steven sold 8,300 shares of W for $434,173 on Feb 09. The Co-Founder now owns 259,073 shares after completing the transaction at $52.31 per share. On Feb 08, another insider, Shah Niraj, who serves as the Chief Executive Officer of the company, sold 1,700 shares for $52.02 each. As a result, the insider received 88,434 and left with 267,437 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 6.32B and an Enterprise Value of 9.17B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53. Its current Enterprise Value per Revenue stands at 0.76 whereas that against EBITDA is -31.09.
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 $29.51. The 50-Day Moving Average of the stock is 55.89, while the 200-Day Moving Average is calculated to be 56.84.
Shares Statistics:
Over the past 3-months, W traded about 4.57M shares per day on average, while over the past 10 days, W traded about 5.33M shares per day. A total of 92.46M shares are outstanding, with a floating share count of 85.56M. Insiders hold about 28.92% of the company’s shares, while institutions hold 86.30% stake in the company. Shares short for W as of Jan 31, 2024 were 20.58M with a Short Ratio of 4.51, compared to 20.32M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 17.45% and a Short% of Float of 35.40%.
Earnings Estimates
Current recommendations for the stock of the company come from 27 analysts. On average, analysts expect EPS of -$0.41 for the current quarter, with a high estimate of -$0.02 and a low estimate of -$1.42, while EPS last year was -$1.13. The consensus estimate for the next quarter is $0.54, with high estimates of $1.31 and low estimates of $0.02.
Analysts are recommending an EPS of between $1.72 and -$0.69 for the fiscal current year, implying an average EPS of $0.87. EPS for the following year is $2.08, with 28 analysts recommending between $4.28 and -$0.25.
Revenue Estimates
30 analysts predict $2.66B in revenue for the current quarter. It ranges from a high estimate of $2.78B to a low estimate of $2.61B. As of the current estimate, Wayfair Inc’s year-ago sales were $2.77B, an estimated decrease of -4.00% from the year-ago figure. For the next quarter, 29 analysts are estimating revenue of $3.11B, a decrease of -1.80% over than the figure of -$4.00% in the same quarter last year. There is a high estimate of $3.26B for the next quarter, whereas the lowest estimate is $2.91B.
A total of 35 analysts have provided revenue estimates for W’s current fiscal year. The highest revenue estimate was $12.7B, while the lowest revenue estimate was $11.68B, resulting in an average revenue estimate of $12.04B. In the same quarter a year ago, actual revenue was $12B, up 0.30% from the average estimate. Based on 33 analysts’ estimates, the company’s revenue will be $12.81B in the next fiscal year. The high estimate is $13.93B and the low estimate is $11.16B. The average revenue growth estimate for next year is up 6.40% from the average revenue estimate for this year.
