In the last trading session, 1.71 million Warby Parker Inc (NYSE:WRBY) shares changed hands as the company’s beta touched 2.03. With the company’s per share price at $15.46 changed hands at -$0.06 or -0.39% during last session, the market valuation stood at $1.87B. WRBY’s last price was a discount, traded about -85.51% off its 52-week high of $28.68. The share price had its 52-week low at $11.66, which suggests the last value was 24.58% up since then. When we look at Warby Parker Inc’s average trading volume, we note the 10-day average is 2.26 million shares, with the 3-month average coming to 2.28 million.
Analysts gave the Warby Parker Inc (WRBY) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.94. If we narrow down to specifics, the data shows that 0 out of 9 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended WRBY as a Hold, 4 felt it is a Buy and 0 rated the stock as Underweight. Warby Parker Inc’s EPS for the current quarter is expected to be 0.11.
Warby Parker Inc (NYSE:WRBY) trade information
Instantly WRBY was in red as seen at the end of in last trading. With action 10.43%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -36.14%, with the 5-day performance at 10.43% in the green. However, in the 30-day time frame, Warby Parker Inc (NYSE:WRBY) is -18.63% down. Looking at the short shares, we see there were 8.71 million shares sold at short interest cover period of 3.14 days.
The consensus price target for the stock as assigned by Wall Street analysts is 23, meaning bulls need an upside of 32.78% from its current market value. According to analyst projections, WRBY’s forecast low is 15 with 32 as the target high. To hit the forecast high, the stock’s price needs a -106.99% plunge from its current level, while the stock would need to tank 2.98% for it to hit the projected low.
Warby Parker Inc (WRBY) estimates and forecasts
Year-over-year growth is forecast to reach 14.57% up from the last financial year.
Consensus estimates given by 14 financial analysts project the company’s revenue in the current quarter to hit an average of 225.37M. 14 analysts are of the opinion that Warby Parker Inc’s revenue for the current quarter will be 216.35M. The company’s revenue for the corresponding quarters a year ago was 200M and 188.22M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 12.68%. The estimates for the next quarter sales put growth at 14.94%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 19.99%. The 2025 estimates are for Warby Parker Inc earnings to increase by 5.72%, but the outlook for the next 5-year period is at 10.92% per year.
WRBY Dividends
Warby Parker Inc is expected to release its next quarterly earnings report on 2025-Feb-26.
Warby Parker Inc (NYSE:WRBY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 7.07% of Warby Parker Inc shares while 89.21% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 96.00%. There are 89.21% institutions holding the Warby Parker Inc stock share, with FMR LLC the top institutional holder. As of 2024-06-30, the company held 8.1602% of the shares, roughly 9.8 million WRBY shares worth $157.38 million.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 8.1532% or 9.79 million shares worth $157.24 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF . With 2.63 shares estimated at $40.7 million under it, the former controlled 2.54% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.26% of the shares, roughly 2.34 shares worth around $36.19 million.
