Wayfair Inc (W) concluded trading on Wednesday at a closing price of $50.25, with 4.94 million shares of worth about $248.1 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -33.79% during that period and on Wednesday, January 31 the price saw a loss of about -2.95%. Currently the company’s common shares owned by public are about 117.95M shares, out of which, 83.33M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 152 times over the past 12 months. They bought 450,426 shares in 62 of the transactions. In 90 selling transactions, insiders dumped 248,707 shares.
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However, the stock later moved at a day high price of 54.35, or with a loss of -2.95%. Stock saw a price change of -8.25% in past 5 days and over the past one month there was a price change of -18.56%. Year-to-date (YTD), W shares are showing a performance of -18.56% which decreased to -14.37% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $29.51 but also hit the highest price of $90.71 during that period. The average intraday trading volume for Wayfair Inc shares is 4.64 million. The stock is currently trading -8.59% below its 20-day simple moving average (SMA20), while that difference is down -11.00% for SMA50 and it goes to -9.48% lower than SMA200.
Wayfair Inc (NYSE: W) currently have 117.95M outstanding shares and institutions hold larger chunk of about 84.61% of that.
The stock has a current market capitalization of $5.93B and its 3Y-monthly beta is at 3.29. It has posted earnings per share of -$8.29 in the same period. It has Quick Ratio of 0.85. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for W, volatility over the week remained 6.16% while standing at 5.86% over the month.
Analysts are in expectations that Wayfair Inc (W) stock would likely to be making an EPS of $Ford Motor Company in the current quarter, while forecast for next quarter EPS is $11.72 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $AT&T Inc. which is $Citigroup, Inc. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Walt Disney Company (The) in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 85.00% while it is estimated to increase by 158.79% in next year. EPS is likely to grow at an annualized rate of 43.20% for next 5-years, compared to annual growth of -34.91% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Morgan Stanley on January 16, 2024 offering an Overweight rating for the stock and assigned a target price range of between $60 and $80 to it.