As of close of business last night, Wayfair Inc’s stock clocked out at $59.84, down -0.80% from its previous closing price of $60.32. In other words, the price has decreased by -$0.48 from its previous closing price. On the day, 3554601 shares were traded. W stock price reached its highest trading level at $61.94 during the session, while it also had its lowest trading level at $58.41.
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.
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:
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 Mar 01 ’24 when Netzer Thomas sold 20,000 shares for $59.72 per share. The transaction valued at 1,194,400 led to the insider holds 116,622 shares of the business.
Shah Niraj sold 8,300 shares of W for $434,173 on Feb 09 ’24. The Chief Executive Officer now owns 259,137 shares after completing the transaction at $52.31 per share. On Feb 09 ’24, another insider, Conine Steven, who serves as the Co-Founder of the company, sold 8,300 shares for $52.31 each. As a result, the insider received 434,173 and left with 259,073 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 7.20B and an Enterprise Value of 10.06B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60. Its current Enterprise Value per Revenue stands at 0.84 whereas that against EBITDA is -34.09.
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 55.43, while the 200-Day Moving Average is calculated to be 57.62.
Shares Statistics:
It appears that W traded 4.63M shares on average per day over the past three months and 5.74M shares per day over the past ten days. A total of 92.46M shares are outstanding, with a floating share count of 85.79M. Insiders hold about 28.72% of the company’s shares, while institutions hold 86.29% stake in the company. Shares short for W as of Feb 15, 2024 were 20.24M with a Short Ratio of 4.37, compared to 19.9M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 16.82% and a Short% of Float of 33.43%.
Earnings Estimates
As of right now, 25 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 -$0.69 for the fiscal current year, implying an average EPS of $0.87. EPS for the following year is $2.05, with 28 analysts recommending between $4.28 and -$0.25.
Revenue Estimates
In the current quarter, 28 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, 27 analysts are estimating revenue of $3.1B, a decrease of -2.20% 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 32 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 $11.99B. In the same quarter a year ago, actual revenue was $12B, down -0.10% from the average estimate. Based on 32 analysts’ estimates, the company’s revenue will be $12.75B 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 6.30% from the average revenue estimate for this year.
