Wayfair Inc (NYSE: W) Loses -55.84% From High. Why That Could Change?

Currently, there are 100.76M common shares owned by the public and among those 92.56M shares have been available to trade.

Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.

The company’s stock has a 5-day price change of -21.49% and -25.92% over the past three months. W shares are trading -24.10% year to date (YTD), with the 12-month market performance down to -43.56% lower. It has a 12-month low price of $36.58 and touched a high of $76.18 over the same period. W has an average intraday trading volume of 3.69 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 -23.33%, -25.47%, and -31.01% respectively.

Institutional ownership of Wayfair Inc (NYSE: W) shares accounts for 83.76% of the company’s 100.76M shares outstanding.

It has a market capitalization of $4.27B and a beta (3y monthly) value of 3.75. The earnings-per-share (ttm) stands at -$4.04. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.38% over the week and 6.34% over the month.

Earnings per share for the fiscal year are expected to increase by 322.40%, and 174.11% over the next financial year. EPS should grow at an annualized rate of 166.31% over the next five years, compared to 17.83% over the past 5-year period.

Looking at the support for the W, a number of firms have released research notes about the stock. Wedbush stated their Neutral rating for the stock in a research note on January 06, 2025, with the firm’s price target at $45-$44. Needham coverage for the Wayfair Inc (W) stock in a research note released on November 04, 2024 offered a Buy rating with a price target of $50. Needham was of a view on October 23, 2024 that the stock is Buy, while UBS gave the stock Buy rating on October 22, 2024, issuing a price target of $70- $65. Argus on their part issued Hold rating on August 26, 2024.

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