Wayfair Inc (NYSE:W) has a beta value of 3.45 and has seen 3.96 million shares traded in the last trading session. The company, currently valued at $5.70B, closed the last trade at $44.03 per share which meant it gained $1.4 on the day or 3.28% during that session. The W stock price is -73.02% off its 52-week high price of $76.18 and 15.17% above the 52-week low of $37.35. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.51 million shares traded. The 3-month trading volume is 4.80 million shares.
The consensus among analysts is that Wayfair Inc (W) is Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 10 out of 30 have rated it as a Hold, with 19 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.0.
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Wayfair Inc (NYSE:W) trade information
Sporting 3.28% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the W stock price touched $44.03 or saw a rise of 2.05%. Year-to-date, Wayfair Inc shares have moved -28.64%, while the 5-day performance has seen it change 15.20%. Over the past 30 days, the shares of Wayfair Inc (NYSE:W) have changed -2.89%. Short interest in the company has seen 17.1 million shares shorted with days to cover at 4.06.
Wall Street analysts have a consensus price target for the stock at $63, which means that the shares’ value could jump 30.11% from current levels. The projected low price target is $20.0 while the price target rests at a high of $375.0. In that case, then, we find that the current price level is -751.69% off the targeted high while a plunge would see the stock lose 54.58% from current levels.
Wayfair Inc (W) estimates and forecasts
Figures show that Wayfair Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -28.03% over the past 6 months, with this year growth rate of 138.05%, compared to 16.40% for the industry. Revenue growth from the last financial year stood is estimated to be -1.88%.
31 analysts offering their estimates for the company have set an average revenue estimate of 3.05B for the current quarter. 24 have an estimated revenue figure of 2.75B for the next ending quarter. Year-ago sales stood 3.11B and 2.73B respectively for this quarter and the next, and analysts expect sales will shrink by -2.07% for the current quarter and -1.88% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -2.82% over the past 5 years. Earnings growth for 2024 is a modest 137.70% while over the next 5 years, the company’s earnings are expected to increase by 57.30%.
W Dividends
Wayfair Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Wayfair Inc (NYSE:W)’s Major holders
Insiders own 4.61% of the company shares, while shares held by institutions stand at 116.00% with a share float percentage of 121.60%. Investors are also buoyed by the number of investors in a company, with Wayfair Inc having a total of 476.0 institutions that hold shares in the company. The top two institutional holders are FMR LLC with over 14.41 million shares worth more than $759.61 million. As of 2024-06-30, FMR LLC held 11.8078% of shares outstanding.
The other major institutional holder is CAPITAL WORLD INVESTORS, with the holding of over 12.15 million shares as of 2024-06-30. The firm’s total holdings are worth over $640.6 million and represent 9.958% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Growth Fund of America Inc and Smallcap World Fund . As of Sep 30, 2024 , the former fund manager holds about 7.70% shares in the company for having 7.67 shares of worth $337.56 million while later fund manager owns 3.85 shares of worth $169.46 million as of Jun 30, 2024 , which makes it owner of about 3.86% of company’s outstanding stock.
