Warby Parker Inc [WRBY] stock is trading at $20.50, up 5.07%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The WRBY shares have gain 16.68% over the last week, with a monthly amount glided 30.16%, and 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:
Warby Parker Inc [NYSE: WRBY] stock has seen the most recent analyst activity on November 08, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $22 from $19. Previously, William Blair upgraded its rating to Outperform on November 07, 2024. On October 21, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $18 on the stock. JMP Securities upgraded its rating to a Mkt Outperform but stick to its price target of $20 on August 23, 2024. BTIG Research upgraded its rating to Buy for this stock on October 12, 2023, but kept the price target unchanged to $17. In a note dated October 03, 2023, Evercore ISI upgraded an Outperform rating on this stock but restated the target price of $20.
Warby Parker Inc [WRBY] stock has fluctuated between $9.83 and $19.93 over the past year. Currently, Wall Street analysts expect the stock to reach $17.36 within the next 12 months. Warby Parker Inc [NYSE: WRBY] shares were valued at $20.50 at the most recent close of the market. An investor can expect a potential drop of -15.32% based on the average WRBY price forecast.
Analyzing the WRBY fundamentals
Warby Parker Inc [NYSE:WRBY] reported sales of 742.53M for the trailing twelve months, which represents a growth of 13.30%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -0.06%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.04%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.1 and Total Capital is -0.08. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.58.
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 19.88 points at the first support level, and at 19.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 20.98, and for the 2nd resistance point, it is at 21.46.
Ratios To Look Out For
For context, Warby Parker Inc’s Current Ratio is 2.44. In addition, the Quick Ratio stands at 2.04 and the Cash Ratio stands at 1.93. Considering the valuation of this stock, the price to sales ratio is 3.34, the price to book ratio is 7.32.
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.
