Wayfair Inc [W] stock prices are up 3.93% to $46.06 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The W shares have gain 2.93% over the last week, with a monthly amount drifted -4.20%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Wayfair Inc [NYSE: W] stock has seen the most recent analyst activity on November 04, 2024, when Needham reiterated its Buy rating and also revised its price target to $50 from $60. On October 22, 2024, UBS reiterated its Buy rating and revised its price target to $65 on the stock. Argus downgraded its rating to a Hold. Gordon Haskett downgraded its rating to a Hold. BofA Securities downgraded its rating to Neutral for this stock on August 01, 2024, and downed its price target to $58. In a note dated May 16, 2024, Argus upgraded an Buy rating on this stock.
The stock price of Wayfair Inc [W] has been fluctuating between $37.35 and $76.18 over the past year. Currently, Wall Street analysts expect the stock to reach $55.89 within the next 12 months. Wayfair Inc [NYSE: W] shares were valued at $46.06 at the most recent close of the market. An investor can expect a potential return of 21.34% based on the average W price forecast.
Analyzing the W fundamentals
The Wayfair Inc [NYSE:W] reported sales of 11.84B for trailing twelve months, representing a drop of -2.04%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at -0.04%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.05%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is 0.2 and Total Capital is -0.35. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of-1.12.
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 44.85 points at the first support level, and at 43.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.89, and for the 2nd resistance point, it is at 47.72.
Ratios To Look Out For
It’s worth pointing out that Wayfair Inc [NYSE:W]’s Current Ratio is 0.84. Also, the Quick Ratio is 0.80, while the Cash Ratio stands at 0.6. Considering the valuation of this stock, the price to sales ratio is 0.49.
Transactions by insiders
Recent insider trading involved Conine Steven, Co-Founder, that happened on Dec 20 ’24 when 30000.0 shares were sold. Chief Executive Officer, Shah Niraj completed a deal on Dec 20 ’24 to sell 30000.0 shares. Meanwhile, Officer Shah Niraj bought 30000.0 shares on Dec 20 ’24.
