A share price of Wayfair Inc [W] is currently trading at $56.94, up 1.10%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The W shares have gain 6.95% over the last week, with a monthly amount glided 31.87%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Wayfair Inc [NYSE: W] stock has seen the most recent analyst activity on August 26, 2024, when Argus downgraded its rating to a Hold. Previously, Gordon Haskett downgraded its rating to Hold on August 01, 2024. On August 01, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $58 on the stock. Argus upgraded its rating to a Buy. RBC Capital Mkts reiterated its recommendation of a Sector Perform and reduced its price target to $61 on April 24, 2024. Evercore ISI upgraded its rating to Outperform for this stock on April 04, 2024, and upped its price target to $80. In a note dated March 19, 2024, Mizuho initiated an Buy rating and provided a target price of $72 on this stock.
Wayfair Inc experienced fluctuations in its stock price throughout the past year between $38.02 and $76.18. Currently, Wall Street analysts expect the stock to reach $97.82 within the next 12 months. Wayfair Inc [NYSE: W] shares were valued at $56.94 at the most recent close of the market. An investor can expect a potential return of 71.79% based on the average W price forecast.
Analyzing the W fundamentals
Trailing Twelve Months sales for Wayfair Inc [NYSE:W] were 11.90B which represents -1.70% decline. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at -0.04%, 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 -0.18, Equity is 0.23 and Total Capital is -0.42. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.16.
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 54.83 points at the first support level, and at 52.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.10, and for the 2nd resistance point, it is at 59.26.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Wayfair Inc [NYSE:W] is 0.83. As well, the Quick Ratio is 0.79, while the Cash Ratio is 0.59. Considering the valuation of this stock, the price to sales ratio is 0.59.
Transactions by insiders
Recent insider trading involved Tan Fiona, Chief Technology Officer, that happened on Oct 03 ’24 when 10179.0 shares were sold. Chief Commercial Officer, Blotner Jon completed a deal on Oct 03 ’24 to sell 6139.0 shares. Meanwhile, Chief Operating Officer Netzer Thomas sold 8555.0 shares on Oct 03 ’24.
