A share price of Warby Parker Inc [WRBY] is currently trading at $16.33, down -0.49%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WRBY shares have gain 4.81% over the last week, with a monthly amount glided 17.40%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Warby Parker Inc [NYSE: WRBY] stock has seen the most recent analyst activity on August 23, 2024, when JMP Securities upgraded its rating to a Mkt Outperform but kept the price target unchanged to $20 for it. On October 12, 2023, upgrade upgraded it’s rating to Buy but maintained its price target of $17 on the stock. Evercore ISI upgraded its rating to a Outperform but stick to its price target of $20 on October 03, 2023. UBS initiated its recommendation with a Neutral and recommended $13 as its price target on September 25, 2023. In a note dated May 24, 2023, JMP Securities initiated an Mkt Perform rating.
Warby Parker Inc experienced fluctuations in its stock price throughout the past year between $9.83 and $17.95. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Warby Parker Inc [NYSE: WRBY] shares were valued at $16.33 at the most recent close of the market. An investor can expect a potential return of 10.23% based on the average WRBY price forecast.
Analyzing the WRBY fundamentals
Trailing Twelve Months sales for Warby Parker Inc [NYSE:WRBY] were 719.93M which represents 13.32% growth. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.06%, and Net Profit Margin reading is -0.06%. To continue investigating profitability, this company’s Return on Assets is posted at -0.07, Equity is -0.15 and Total Capital is -0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.58.
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 16.20 points at the first support level, and at 16.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.57, and for the 2nd resistance point, it is at 16.82.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Warby Parker Inc [NYSE:WRBY] is 2.52. Also, the Quick Ratio is 2.08, while the Cash Ratio stands at 1.97. Considering the valuation of this stock, the price to sales ratio is 2.72, the price to book ratio is 5.94.
Transactions by insiders
Recent insider trading involved Miller Steven Clive, Chief Financial Officer, that happened on Sep 11 ’24 when 6763.0 shares were sold. Officer, STEVE MILLER completed a deal on Sep 11 ’24 to buy 6763.0 shares. Meanwhile, Chief Financial Officer Miller Steven Clive sold 15272.0 shares on Sep 06 ’24.
