In the latest session, Wayfair Inc (NYSE: W) closed at $62.41 down -2.01% from its previous closing price of $63.69. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 3075694 shares were traded.
Ratios:
For a deeper understanding of Wayfair Inc’s stock, let’s take a closer look at its various 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 this company, Mizuho on March 19, 2024, initiated with a Buy rating and assigned the stock a target price of $72.
On February 16, 2024, Raymond James Upgraded its rating to Strong Buy which previously was Mkt Perform but kept the price unchanged to $65.
Morgan Stanley Upgraded its Equal-Weight to Overweight on January 16, 2024, whereas the target price for the stock was revised from $60 to $80.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 02 ’24 when Tan Fiona sold 5,315 shares for $63.06 per share. The transaction valued at 335,153 led to the insider holds 51,095 shares of the business.
Gulliver Kate sold 3,696 shares of W for $233,171 on Apr 02 ’24. The CFO and Chief Admin Officer now owns 89,555 shares after completing the transaction at $63.09 per share. On Apr 02 ’24, another insider, Netzer Thomas, who serves as the Chief Operating Officer of the company, sold 3,339 shares for $63.03 each. As a result, the insider received 210,462 and left with 143,097 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 7.67B and an Enterprise Value of 10.52B. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.63. Its current Enterprise Value per Revenue stands at 0.88 whereas that against EBITDA is -35.67.
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 57.58, while the 200-Day Moving Average is calculated to be 59.65.
Shares Statistics:
For the past three months, W has traded an average of 4.34M shares per day and 3.58M over the past ten days. A total of 92.46M shares are outstanding, with a floating share count of 85.81M. Insiders hold about 28.70% of the company’s shares, while institutions hold 86.16% stake in the company. Shares short for W as of Mar 15, 2024 were 21.5M with a Short Ratio of 4.95, 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
There are 26 different market analysts currently analyzing its stock. 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 $0.52, 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 $0.92. EPS for the following year is $2.07, with 29 analysts recommending between $4.28 and $0.7.
Revenue Estimates
A total of 29 analysts believe the company’s revenue will be $2.64B this quarter.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 -2.20% 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 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 $12.72B 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.
