Farfetch Limited (NYSE:FTCH)’s traded shares stood at 2.25 million during the latest session, with the company’s beta value hitting 2.99. At the last check today, the stock’s price was $4.67, to imply a decrease of -2.10% or -$0.1 in intraday trading. The FTCH share’s 52-week high remains $17.73, putting it -279.66% down since that peak but still an impressive 22.06% since price per share fell to its 52-week low of $3.64. The company has a valuation of $1.94B, with an average of 12.01 million shares in intraday trading volume over the past 10 days and average of 14.91 million shares over the past 3 months.
Farfetch Limited (NYSE:FTCH) trade information
After registering a -2.10% downside in the latest session, Farfetch Limited (FTCH) has traded red over the past five days. The stock hit a weekly high of 4.92 this Wednesday, 03/15/23, dropping -2.10% in its intraday price action. The 5-day price performance for the stock is -2.10%, and -19.20% over 30 days. With these gigs, the year-to-date price performance is -1.27%. Short interest in Farfetch Limited (NYSE:FTCH) saw shorts transact 26.88 million shares and set a 1.7 days time to cover.
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Farfetch Limited (FTCH) estimates and forecasts
Looking at statistics comparing Farfetch Limited share performance against respective industry, we note that the company has outperformed competitors. Farfetch Limited (FTCH) shares are -58.96% down over the last 6 months, with its year-to-date growth rate higher than industry average at 17.39% against -0.80%. Revenue is forecast to shrink -1,466.70% this quarter before falling -124.40% for the next one. The rating firms project that company’s revenue will grow 2.10% compared to the previous financial year.
Revenue forecast for the current quarter as set by 15 analysts is $623.8 million. Meanwhile, for the quarter ending Mar 2023, a total of 10 analyst(s) estimate revenue growth to $545.37 million.Earnings reports from the last fiscal year show that sales brought in $665.65 million and $514.8 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -6.30% before jumping 5.90% in the following quarter.
FTCH Dividends
Farfetch Limited has its next earnings report out on February 23. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Farfetch Limited has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Farfetch Limited (NYSE:FTCH)’s Major holders
Farfetch Limited insiders hold 2.00% of total outstanding shares, with institutional holders owning 89.80% of the shares at 91.62% float percentage. In total, 89.80% institutions holds shares in the company, led by Baillie Gifford and Company. As of Dec 30, 2022, the company held over 46.96 million shares (or 13.90% of shares), all amounting to roughly $222.12 million.
The next major institution holding the largest number of shares is Morgan Stanley with 33.86 million shares, or about 10.02% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $252.28 million.
We also have Trust for Advised Port-Opportunity Trust and Vanguard Explorer Fund, Inc. as the top two Mutual Funds with the largest holdings of the Farfetch Limited (FTCH) shares. Going by data provided on Dec 30, 2022, Trust for Advised Port-Opportunity Trust holds roughly 6.2 million shares. This is just over 1.83% of the total shares, with a market valuation of $29.33 million. Data from the same date shows that the other fund manager holds a little less at 5.18 million, or 1.53% of the shares, all valued at about 43.93 million.