Wayfair Inc (NYSE: W) Has Grown 48.17% So Far This Year. Does That Mean Trouble Ahead?

During the recent session, Wayfair Inc (NYSE:W)’s traded shares were 1.08 million, with the beta value of the company hitting 3.32. At the last check today, the stock’s price was $51.94, reflecting an intraday gain of 1.93% or $0.99. The 52-week high for the W share is $90.71, that puts it down -74.64 from that peak though still a striking 43.18% gain since the share price plummeted to a 52-week low of $29.51. The company’s market capitalization is $6.25B, and the average trade volume was 4.09 million shares over the past three months.

Wayfair Inc (NYSE:W) trade information

Wayfair Inc (W) registered a 1.93% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 1.93% in intraday trading to $51.94, hitting a weekly high. The stock’s 5-day price performance is -3.25%, and it has moved by -23.16% in 30 days. Based on these gigs, the overall price performance for the year is 48.17%.

Wayfair Inc (W) estimates and forecasts

Statistics show that Wayfair Inc has outperformed its competitors in share price, compared to the industry in which it operates. Wayfair Inc (W) shares have gone up 28.78% during the last six months, with a year-to-date growth rate more than the industry average at 173.45% against 15.80. In the rating firms’ projections, revenue will decrease -0.40% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.64B as predicted by 29 analyst(s). Meanwhile, a consensus of 29 analyst(s) estimates revenue growth to 3.1B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.77B and 3.17B respectively. In this case, analysts expect current quarter sales to shrink by -4.90% and then drop by -2.40% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -2.82%. While earnings are projected to return 193.61% in 2024.

W Dividends

Wayfair Inc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.