A share price of Warby Parker Inc [WRBY] is currently trading at $23.26, down -1.82%. 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 1.57% over the last week, with a monthly amount glided 26.28%, 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 19, 2024, when Telsey Advisory Group reiterated its Outperform rating and also boosted its price target to $26 from $22. Previously, Telsey Advisory Group reaffirmed its Outperform rating on November 08, 2024, and elevated its price target to $22. On November 07, 2024, upgrade upgraded it’s rating to Outperform. Goldman upgraded its rating to a Buy and increased its price target to $18 on October 21, 2024. JMP Securities upgraded its rating to a Mkt Outperform but $20 remained the price target by the analyst firm on August 23, 2024. In a note dated October 12, 2023, BTIG Research upgraded an Buy rating on this stock but restated the target price of $17.
Warby Parker Inc experienced fluctuations in its stock price throughout the past year between $10.28 and $24.60. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Warby Parker Inc [NYSE: WRBY] shares were valued at $23.26 at the most recent close of the market. An investor can expect a potential drop of -22.61% based on the average WRBY price forecast.
Analyzing the WRBY fundamentals
Trailing Twelve Months sales for Warby Parker Inc [NYSE:WRBY] were 742.53M which represents 13.30% growth. 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.
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 23.02 points at the first support level, and at 22.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.55, and for the 2nd resistance point, it is at 23.84.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Warby Parker Inc [NYSE:WRBY] 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 3.77, the price to book ratio is 8.31.
Transactions by insiders
Recent insider trading involved Blumenthal Neil Harris, Co-Chief Executive Officer, that happened on Dec 03 ’24 when 36163.0 shares were sold. Chief Financial Officer, Miller Steven Clive completed a deal on Dec 03 ’24 to sell 14853.0 shares. Meanwhile, Co-Chief Executive Officer Gilboa David Abraham sold 36163.0 shares on Dec 03 ’24.
