In the last trading session, 1.98 million shares of the Warby Parker Inc (NYSE:WRBY) were traded, and its beta was 1.96. Most recently the company’s share price was $20.16, and it changed around -$0.07 or -0.35% from the last close, which brings the market valuation of the company to $2.44B. WRBY currently trades at a discount to its 52-week high of $28.68, offering almost -42.26% off that amount. The share price’s 52-week low was $11.66, which indicates that the current value has risen by an impressive 42.16% since then. We note from Warby Parker Inc’s average daily trading volume that its 10-day average is 2.83 million shares, with the 3-month average coming to 1.99 million.
Warby Parker Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.19. If we narrow it down even further, the data shows that 1 out of 15 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 6 recommended WRBY as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. Warby Parker Inc is expected to report earnings per share of 0.12 for the current quarter.
Warby Parker Inc (NYSE:WRBY) trade information
Instantly WRBY has showed a red trend with a performance of -0.35% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 20.26 on recent trading dayincreased the stock’s daily price by 0.49%. The company’s shares are currently down -16.73% year-to-date, but still up 13.13% over the last five days. On the other hand, Warby Parker Inc (NYSE:WRBY) is -13.33% down in the 30-day period. We can see from the shorts that 9.47 million shares have been sold at a short interest cover period of 6.34 day(s).
The consensus price target as assigned by Wall Street analysts is $22, which translates to bulls needing to increase their stock price by 8.36% from its current value. Analyst projections state that WRBY is forecast to be at a low of $15 and a high of $32.
Warby Parker Inc (WRBY) estimates and forecasts
The year-over-year growth rate is expected to be 15.16%, up from the previous year.
Consensus estimates provided by 13 financial analysts predict the company will bring in an average of 225.46M in revenue for the current quarter. 13 analysts expect Warby Parker Inc to make 217.71M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 200M and 188.22M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 12.73%. Forecasts for the next quarter put sales growth at 15.67%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 19.99%. Warby Parker Inc earnings are expected to increase by 9.70% in 2025, but the outlook is positive 14.62% per year for the next five years.
WRBY Dividends
Warby Parker Inc’s next quarterly earnings report is expected to be released on 2025-Feb-26.
Warby Parker Inc (NYSE:WRBY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 7.07% of Warby Parker Inc shares, and 96.41% of them are in the hands of institutional investors. The stock currently has a share float of 103.75%. Warby Parker Inc stock is held by 312.0 institutions, with FMR LLC being the largest institutional investor. By 2024-06-30, it held 8.2248% of the shares, which is about 9.8 million shares worth $157.38 million.
VANGUARD GROUP INC, with 8.2178% or 9.79 million shares worth $157.24 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Fidelity Blue Chip Growth Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Jan 31, 2025 . The former held 2.67 shares worth $53.83 million, making up 2.58% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 2.63 shares worth around $53.08 million, which represents about 2.54% of the total shares outstanding.
