After finishing at $60.34 in the prior trading day, Wayfair Inc (NYSE: W) closed at $56.42, down -6.50%. On the day, 5215028 shares were traded.
Ratios:
Our goal is to gain a better understanding of W by taking a closer 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.
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:
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 Apr 08 ’24 when Conine Steven sold 10,000 shares for $64.62 per share. The transaction valued at 646,182 led to the insider holds 239,073 shares of the business.
Shah Niraj sold 10,000 shares of W for $645,790 on Apr 08 ’24. The Chief Executive Officer now owns 239,137 shares after completing the transaction at $64.58 per share. On Apr 04 ’24, another insider, Tan Fiona, who serves as the Chief Technology Officer of the company, sold 4,884 shares for $65.03 each. As a result, the insider received 317,599 and left with 41,027 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57.
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.
Shares Statistics:
A total of 92.46M shares are outstanding, with a floating share count of 85.78M. Insiders hold about 28.73% of the company’s shares, while institutions hold 86.09% stake in the company.
Earnings Estimates
Its stock is currently analyzed by Chicago SRW Wheat Futures,Jul-2 different market analysts. The consensus estimate for the next quarter is $85.83, with high estimates of $553.50 and low estimates of $586.75.
EPS for the following year is $Future, with Future analysts recommending between $Future and $Future.
