In the last trading session, 7.67 million Wayfair Inc (NYSE:W) shares changed hands as the company’s beta touched 3.40. With the company’s per share price at $39.17 changed hands at $1.4 or 3.71% during last session, the market valuation stood at $4.91B. W’s last price was a discount, traded about -94.49% off its 52-week high of $76.18. The share price had its 52-week low at $37.60, which suggests the last value was 4.01% up since then. When we look at Wayfair Inc’s average trading volume, we note the 10-day average is 8.13 million shares, with the 3-month average coming to 4.74 million.

Analysts gave the Wayfair Inc (W) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 30 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 10 recommended W as a Hold, 19 felt it is a Buy and 0 rated the stock as Underweight. Wayfair Inc’s EPS for the current quarter is expected to be 0.0.

Wayfair Inc (NYSE:W) trade information

Instantly W was in green as seen at the end of in last trading. With action -11.64%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -36.52%, with the 5-day performance at -11.64% in the red. However, in the 30-day time frame, Wayfair Inc (NYSE:W) is -29.09% down. Looking at the short shares, we see there were 20.93 million shares sold at short interest cover period of 5.0 days.

The consensus price target for the stock as assigned by Wall Street analysts is 63, meaning bulls need an upside of 37.83% from its current market value. According to analyst projections, W’s forecast low is 20 with 375 as the target high. To hit the forecast high, the stock’s price needs a -857.37% plunge from its current level, while the stock would need to tank 48.94% for it to hit the projected low.

Wayfair Inc (W) estimates and forecasts

Data shows that the Wayfair Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -45.05% over the past 6 months, a 138.05% in annual growth rate that is considerably higher than the industry average of 12.90%. Year-over-year growth is forecast to reach -1.90% down from the last financial year.

Consensus estimates given by 28 financial analysts project the company’s revenue in the current quarter to hit an average of 3.05B. 21 analysts are of the opinion that Wayfair Inc’s revenue for the current quarter will be 2.74B. The company’s revenue for the corresponding quarters a year ago was 3.11B and 2.64B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -2.00%. The estimates for the next quarter sales put growth at 3.90%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -2.82%. The 2024 estimates are for Wayfair Inc earnings to increase by 137.65%, but the outlook for the next 5-year period is at 57.30% per year.

W Dividends

Wayfair Inc is expected to release its next quarterly earnings report in December.

Wayfair Inc (NYSE:W)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 4.59% of Wayfair Inc shares while 116.89% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 122.52%. There are 116.89% institutions holding the Wayfair Inc stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 12.0046% of the shares, roughly 14.41 million W shares worth $759.61 million.

CAPITAL WORLD INVESTORS holds the second largest percentage of outstanding shares, with 9.958% or 12.15 million shares worth $640.6 million as of 2024-06-30.