In today’s recent session, 1.6 million shares of the Wayfair Inc (NYSE:W) have been traded, and its beta is 3.72. Most recently the company’s share price was $38.55, and it changed around $0.69 or 1.82% from the last close, which brings the market valuation of the company to $4.89B. W at last check was trading at a discount to its 52-week high of $76.18, offering almost -97.61% off that amount. The share price’s 52-week low was $29.68, which indicates that the recent value has risen by an impressive 23.01% since then. We note from Wayfair Inc’s average daily trading volume that its 10-day average is 4.62 million shares, with the 3-month average coming to 3.91 million.
Wayfair Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.03. If we narrow it down even further, the data shows that 0 out of 38 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 19 recommended W as a Hold, whereas 14 deemed it a Buy, and 0 rated it as Underweight.
Wayfair Inc (NYSE:W) trade information
Instantly W has been showing a green trend so far today with a performance of 1.82% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 39.14 on recent trading dayincreased the stock’s daily price by 1.51%. The company’s shares are currently down -13.02% year-to-date, but still up 28.20% over the last five days. On the other hand, Wayfair Inc (NYSE:W) is -6.59% down in the 30-day period. We can see from the shorts that 17.97 million shares have been sold at a short interest cover period of 4.65 day(s).
The consensus price target as assigned by Wall Street analysts is $55, which translates to bulls needing to increase their stock price by 29.91% from its current value. Analyst projections state that W is forecast to be at a low of $46 and a high of $60.
Wayfair Inc (W) estimates and forecasts
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 17.83%. Wayfair Inc earnings are expected to increase by 309.86% in 2025, but the outlook is positive 163.92% per year for the next five years.
Wayfair Inc (NYSE:W)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 5.19% of Wayfair Inc shares, and 110.41% of them are in the hands of institutional investors. The stock currently has a share float of 116.46%. Wayfair Inc stock is held by 448.0 institutions, with FMR LLC being the largest institutional investor. By 2024-06-30, it held 11.8078% of the shares, which is about 14.41 million shares worth $759.61 million.
CAPITAL WORLD INVESTORS, with 9.958% or 12.15 million shares worth $640.6 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
GROWTH FUND OF AMERICA and SMALLCAP WORLD FUND INC were the top two Mutual Funds as of Dec 31, 2024. The former held 7.67 shares worth $297.35 million, making up 7.50% of all outstanding shares. On the other hand, SMALLCAP WORLD FUND INC held roughly 5.19 shares worth around $201.48 million, which represents about 5.08% of the total shares outstanding.
