Wayfair Inc (NYSE:W)’s traded shares stood at 3.26 million during the last session, with the company’s beta value hitting 3.43. At the close of trading, the stock’s price was $38.22, to imply a decrease of -1.47% or -$0.57 in intraday trading. The W share’s 52-week high remains $76.18, putting it -99.32% down since that peak but still an impressive 1.86% since price per share fell to its 52-week low of $37.51. The company has a valuation of $4.79B, with an average of 8.16 million shares in intraday trading volume over the past 10 days and average of 4.78 million shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Wayfair Inc (W), translating to a mean rating of 2.00. Of 30 analyst(s) looking at the stock, 0 analyst(s) give W a Sell rating. 1 of those analysts rate the stock as Overweight while 10 advise Hold as 19 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.0.
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Wayfair Inc (NYSE:W) trade information
After registering a -1.47% downside in the last session, Wayfair Inc (W) has traded red over the past five days. The 5-day price performance for the stock is -1.62%, and -27.30% over 30 days. With these gigs, the year-to-date price performance is -38.06%. Short interest in Wayfair Inc (NYSE:W) saw shorts transact 17.1 million shares and set a 4.06 days time to cover.
The extremes give us $20 and $375 for target low and target high price respectively. As such, W has been trading -881.16% off suggested target high and 47.67% from its likely low.
Wayfair Inc (W) estimates and forecasts
Looking at statistics comparing Wayfair Inc share performance against respective industry, we note that the company has outperformed competitors. Wayfair Inc (W) shares are -43.04% down over the last 6 months, with its year-to-date growth rate higher than industry average at 138.05% against 15.00%. Revenue is forecast to grow 101.71% this quarter before jumping 54.92% for the next one. The rating firms project that company’s revenue will shrink -1.88% compared to the previous financial year.
Revenue forecast for the current quarter as set by 31 analysts is 3.05B. Meanwhile, for the current quarter, a total of 23 analyst(s) estimate revenue growth to 2.75B.Earnings reports from the last fiscal year show that sales brought in 3.11B and 2.73B respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -2.07% before jumping 0.63% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -2.82% for the past 5-year period. While 2024 is set for a 137.70% return in earnings, projections for the next 5 years are at 57.30% annually.
W Dividends
Wayfair Inc has its next earnings report out on 2024-Nov-01. 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.
Wayfair Inc (NYSE:W)’s Major holders
Wayfair Inc insiders hold 4.59% of total outstanding shares, with institutional holders owning 116.63% of the shares at 122.25% float percentage. In total, 116.63% institutions holds shares in the company, led by FMR LLC. As of 2024-06-30, the company held over 14.41 million shares (or 11.8078% of shares), all amounting to roughly $759.61 million.
The next major institution holding the largest number of shares is CAPITAL WORLD INVESTORS with 12.15 million shares, or about 9.958% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $640.6 million.
