Wayfair Inc [W] stock is trading at $56.89, up 2.97%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The W shares have gain 10.57% over the last week, with a monthly amount drifted -2.02%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Wayfair Inc [NYSE: W] stock has seen the most recent analyst activity on May 16, 2024, when Argus upgraded its rating to a Buy. Previously, RBC Capital Mkts reaffirmed its Sector Perform rating on April 24, 2024, and dropped its price target to $61. On April 04, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $80 on the stock. Mizuho started tracking the stock assigning a Buy rating and suggested a price target of $72 on March 19, 2024. Raymond James upgraded its rating to a Strong Buy but $65 remained the price target by the analyst firm on February 16, 2024. Morgan Stanley upgraded its rating to Overweight for this stock on January 16, 2024, and upped its price target to $80. In a note dated January 09, 2024, BMO Capital Markets initiated an Market Perform rating and provided a target price of $57 on this stock.
Wayfair Inc [W] stock has fluctuated between $38.37 and $90.71 over the past year. Currently, Wall Street analysts expect the stock to reach $101.96 within the next 12 months. Wayfair Inc [NYSE: W] shares were valued at $56.89 at the most recent close of the market. An investor can expect a potential return of 79.22% based on the average W price forecast.
Analyzing the W fundamentals
Wayfair Inc [NYSE:W] reported sales of 11.96B for the trailing twelve months, which represents a drop of -1.62%. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.05%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.19, Equity is 0.23 and Total Capital is -0.51. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -1.14.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 55.57 points at the first support level, and at 54.24 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.32, and for the 2nd resistance point, it is at 59.74.
Ratios To Look Out For
For context, Wayfair Inc’s Current Ratio is 0.78. Further, the Quick Ratio stands at 0.74, while the Cash Ratio is 0.55. Considering the valuation of this stock, the price to sales ratio is 0.58.
Transactions by insiders
Recent insider trading involved Conine Steven, Co-Founder, that happened on Jul 08 ’24 when 10000.0 shares were sold. Chief Executive Officer, Shah Niraj completed a deal on Jul 08 ’24 to sell 10000.0 shares. Meanwhile, Chief Technology Officer Tan Fiona sold 8015.0 shares on Jul 03 ’24.
