As of close of business last night, Wayfair Inc’s stock clocked out at $65.37, up 3.42% from its previous closing price of $63.21. In other words, the price has increased by $+2.16 from its previous closing price. On the day, 2274316 shares were traded.
Ratios:
To gain a deeper understanding of W’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.82 and its Current Ratio is at 0.85.
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 the company, Evercore ISI on April 04, 2024, Upgraded its rating to Outperform and sets its target price to $80 from $65 previously.
On March 19, 2024, Mizuho started tracking the stock assigning a Buy rating and target price of $72.
Raymond James Upgraded its Mkt Perform to Strong Buy on February 16, 2024, while the target price for the stock was maintained at $65.
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 Apr 04 ’24 when Tan Fiona sold 4,884 shares for $65.03 per share. The transaction valued at 317,599 led to the insider holds 41,027 shares of the business.
Netzer Thomas sold 4,255 shares of W for $276,668 on Apr 04 ’24. The Chief Operating Officer now owns 134,439 shares after completing the transaction at $65.02 per share. On Apr 04 ’24, another insider, Gulliver Kate, who serves as the CFO and Chief Admin Officer of the company, sold 3,395 shares for $65.04 each. As a result, the insider received 220,811 and left with 82,560 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 7.87B and an Enterprise Value of 10.73B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66. Its current Enterprise Value per Revenue stands at 0.89 whereas that against EBITDA is -36.36.
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 57.91, while the 200-Day Moving Average is calculated to be 59.66.
Shares Statistics:
It appears that W traded 4.28M shares on average per day over the past three months and 3.71M shares per day over the past ten days. A total of 92.46M shares are outstanding, with a floating share count of 85.73M. Insiders hold about 28.77% of the company’s shares, while institutions hold 86.15% stake in the company. Shares short for W as of Mar 15, 2024 were 21.5M with a Short Ratio of 5.02, compared to 20.24M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 17.86% and a Short% of Float of 35.49%.
Earnings Estimates
As of right now, 26 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.45 for the current quarter, with a high estimate of -$0.13 and a low estimate of -$1.42, while EPS last year was -$1.13. The consensus estimate for the next quarter is $0.53, with high estimates of $1.31 and low estimates of $0.02.
Analysts are recommending an EPS of between $1.72 and -$0.53 for the fiscal current year, implying an average EPS of $0.95. EPS for the following year is $2.09, with 29 analysts recommending between $4.28 and $0.7.
Revenue Estimates
In the current quarter, 29 analysts expect revenue to total $2.64B. It ranges from a high estimate of $2.69B 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 -4.70% from the year-ago figure. For the next quarter, 28 analysts are estimating revenue of $3.1B, a decrease of -2.30% over than the figure of -$4.70% 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 33 analysts have provided revenue estimates for W’s current fiscal year. The highest revenue estimate was $12.27B, while the lowest revenue estimate was $11.68B, resulting in an average revenue estimate of $11.96B. In the same quarter a year ago, actual revenue was $12B, down -0.40% from the average estimate. Based on 33 analysts’ estimates, the company’s revenue will be $12.73B 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.
