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As of close of business last night, Wayfair Inc’s stock clocked out at $44.48, down -2.37% from its previous closing price of $45.56. In other words, the price has decreased by -$2.37 from its previous closing price. On the day, 2.51 million shares were traded. W stock price reached its highest trading level at $46.09 during the session, while it also had its lowest trading level at $44.23.
Ratios:
To gain a deeper understanding of W’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 58.42. For the most recent quarter (mrq), Quick Ratio is recorded 0.79 and its Current Ratio is at 0.83.
BofA Securities Downgraded its Buy to Neutral on August 01, 2024, whereas the target price for the stock was revised from $85 to $58.
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 Aug 12 ’24 when Conine Steven bought 2,000 shares for $39.40 per share.
Shah Niraj bought 2,000 shares of W for $78,800 on Aug 12 ’24. On Aug 02 ’24, another insider, Schaferkordt Anke, who serves as the Director of the company, sold 420 shares for $48.12 each. As a result, the insider received 20,210 and left with 12,831 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 5625029632 and an Enterprise Value of 8255705600. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46. Its current Enterprise Value per Revenue stands at 0.694 whereas that against EBITDA is -21.726.
Stock Price History:
Over the past 52 weeks, W has reached a high of $76.18, while it has fallen to a 52-week low of $38.02. The 50-Day Moving Average of the stock is -9.87%, while the 200-Day Moving Average is calculated to be -20.00%.
Shares Statistics:
It appears that W traded 4.05M shares on average per day over the past three months and 4049060 shares per day over the past ten days. A total of 92.46M shares are outstanding, with a floating share count of 89.00M. Insiders hold about 27.92% of the company’s shares, while institutions hold 98.11% stake in the company. Shares short for W as of 1722384000 were 22366634 with a Short Ratio of 5.52, compared to 1719532800 on 20597920. Therefore, it implies a Short% of Shares Outstanding of 22366634 and a Short% of Float of 32.34.
