In the last trading session, 6.55 million shares of the Wayfair Inc (NYSE:W) were traded, and its beta was 2.92. Most recently the company’s share price was $26.95, and it changed around $0.66 or 2.51% from the last close, which brings the market valuation of the company to $3.42B. W currently trades at a discount to its 52-week high of $76.18, offering almost -182.67% off that amount. The share price’s 52-week low was $20.41, which indicates that the current value has risen by an impressive 24.27% since then. We note from Wayfair Inc’s average daily trading volume that its 10-day average is 11.38 million shares, with the 3-month average coming to 5.36 million.
Wayfair Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.08. If we narrow it down even further, the data shows that 0 out of 37 analysts rate the stock as a Sell; another 5 rate it as Overweight. Among the rest, 19 recommended W as a Hold, whereas 13 deemed it a Buy, and 0 rated it as Underweight. Wayfair Inc is expected to report earnings per share of -0.22 for the current quarter.
Wayfair Inc (NYSE:W) trade information
Instantly W has showed a green trend with a performance of 2.51% 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 31.48 on recent trading dayincreased the stock’s daily price by 14.39%. The company’s shares are currently down -39.19% year-to-date, but still up 3.45% over the last five days. On the other hand, Wayfair Inc (NYSE:W) is -13.06% down in the 30-day period. We can see from the shorts that 17.07 million shares have been sold at a short interest cover period of 3.48 day(s).
The consensus price target as assigned by Wall Street analysts is $54, which translates to bulls needing to increase their stock price by 50.09% 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
The year-over-year growth rate is expected to be 0.66%, up from the previous year.
Consensus estimates provided by 29 financial analysts predict the company will bring in an average of 2.71B in revenue for the current quarter. 28 analysts expect Wayfair Inc to make 3.13B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.73B and 3.12B respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -0.78%. Forecasts for the next quarter put sales growth at 0.33%.
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 268.10% in 2025, but the outlook is positive 160.15% per year for the next five years.
W Dividends
Wayfair Inc’s next quarterly earnings report is expected to be released on 2025-Feb-19.
Wayfair Inc (NYSE:W)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 4.79% of Wayfair Inc shares, and 109.29% of them are in the hands of institutional investors. The stock currently has a share float of 114.79%. Wayfair Inc stock is held by 449.0 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 $206.61 million, making up 7.49% of all outstanding shares. On the other hand, SMALLCAP WORLD FUND INC held roughly 5.19 shares worth around $140.0 million, which represents about 5.08% of the total shares outstanding.
