In the last trading session, 2.02 million Warby Parker Inc (NYSE:WRBY) shares changed hands as the company’s beta touched 1.99. With the company’s per share price at $17.59 changed hands at -$0.12 or -0.68% during last session, the market valuation stood at $2.14B. WRBY’s last price was a discount, traded about -63.05% off its 52-week high of $28.68. The share price had its 52-week low at $12.46, which suggests the last value was 29.16% up since then.
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 0.08.
Warby Parker Inc (NYSE:WRBY) trade information
Instantly WRBY was in red as seen at the end of in last trading. With action -6.83%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -27.34%, with the 5-day performance at -6.83% in the red. However, in the 30-day time frame, Warby Parker Inc (NYSE:WRBY) is 23.35% up.
The consensus price target for the stock as assigned by Wall Street analysts is 30, meaning bulls need an upside of 41.37% from its current market value. According to analyst projections, WRBY’s forecast low is 23 with 32 as the target high. To hit the forecast high, the stock’s price needs a -81.92% plunge from its current level, while the stock would need to soar -30.76% for it to hit the projected low.
Warby Parker Inc (WRBY) estimates and forecasts
Year-over-year growth is forecast to reach 13.52% 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 212.42M. 14 analysts are of the opinion that Warby Parker Inc’s revenue for the current quarter will be 220.81M. The company’s revenue for the corresponding quarters a year ago was 188.22M and 192.45M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 12.86%. The estimates for the next quarter sales put growth at 14.74%.
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 2.18%, but the outlook for the next 5-year period is at 13.78% per year.
Warby Parker Inc (NYSE:WRBY)’s Major holders
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 $46.31 million under it, the former controlled 2.52% of total outstanding shares. On the other hand, iShares Trust-iShares Russell 2000 ETF held about 2.24% of the shares, roughly 2.34 shares worth around $41.18 million.
