Currently, there are 92.46M common shares owned by the public and among those 85.56M shares have been available to trade.
Insiders at the company have transacted a total of 133 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 57 of these insider trades were purchases, accounting for 421,985 shares. Insider sales of the common stock occurred on 76 occasions, with total insider shares sold totaling 236,884 shares.
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However, the script later moved the day high at 57.60, up 9.24%. The company’s stock has a 5-day price change of 13.59% and 16.76% over the past three months. W shares are trading -7.07% year to date (YTD), with the 12-month market performance up to 53.19% higher. It has a 12-month low price of $29.51 and touched a high of $90.71 over the same period. W has an average intraday trading volume of 4.61 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 11.09%, 2.58%, and 0.73% respectively.
Institutional ownership of Wayfair Inc (NYSE: W) shares accounts for 86.28% of the company’s 92.46M shares outstanding.
It has a market capitalization of $6.90B and a beta (3y monthly) value of 3.25. The earnings-per-share (ttm) stands at -$6.52. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.71% over the week and 5.82% over the month.
Analysts forecast that Wayfair Inc (W) will achieve an EPS of -$0.43 for the current quarter, $0.54 for the next quarter and $2.08 for 2025. The lowest estimate earnings-per-share for the quarter is -$1.42 while analysts give the company a high EPS estimate of -$0.02. Comparatively, EPS for the current quarter was -$1.13 a year ago. Earnings per share for the fiscal year are expected to increase by 183.82%, and 138.90% over the next financial year. EPS should grow at an annualized rate of 43.20% over the next five years, compared to -2.82% over the past 5-year period.
Looking at the support for the W, a number of firms have released research notes about the stock. Raymond James stated their Strong Buy rating for the stock in a research note on February 16, 2024, with the firm’s price target at $65. Morgan Stanley coverage for the Wayfair Inc (W) stock in a research note released on January 16, 2024 offered a Overweight rating with a price target of $80. BMO Capital Markets was of a view on January 09, 2024 that the stock is Market Perform, while Deutsche Bank gave the stock Buy rating on November 16, 2023, issuing a price target of $55. Stifel on their part issued Hold rating on October 17, 2023.
