At the time of writing, Warby Parker Inc [WRBY] stock is trading at $26.34, down -0.45%. 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 7.86% over the last week, with a monthly amount glided 11.19%, and seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Warby Parker Inc fluctuated between $11.35 and $26.58. Currently, Wall Street analysts expect the stock to reach $18 within the next 12 months. Warby Parker Inc [NYSE: WRBY] shares were valued at $26.34 at the most recent close of the market. An investor can expect a potential drop of -31.66% based on the average WRBY price forecast.
Analyzing the WRBY fundamentals
According to Warby Parker Inc [NYSE:WRBY], the company’s sales were 742.53M for trailing twelve months, which represents an 13.30% jump. 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 25.96 points at the first support level, and at 25.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 26.91, and for the 2nd resistance point, it is at 27.48.
Ratios To Look Out For
It is important to note that Warby Parker Inc [NYSE:WRBY] has a current ratio of 2.44. Also, the Quick Ratio is 2.04, while the Cash Ratio stands at 1.93. Considering the valuation of this stock, the price to sales ratio is 4.46, the price to book ratio is 9.41.
Transactions by insiders
Recent insider trading involved Blumenthal Neil Harris, Co-Chief Executive Officer, that happened on Jan 02 ’25 when 0.3 million shares were sold. Co-Chief Executive Officer, Gilboa David Abraham completed a deal on Jan 02 ’25 to sell 0.34 million shares. Meanwhile, Co-Chief Executive Officer Gilboa David Abraham sold 36996.0 shares on Jan 03 ’25.
