A share price of Warby Parker Inc [WRBY] is currently trading at $26.96, up 5.39%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WRBY shares have gain 5.89% over the last week, with a monthly amount glided 4.82%, 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 January 17, 2025, when Evercore ISI downgraded its rating to a In-line but kept the price target unchanged to $23 for it. Previously, Telsey Advisory Group reaffirmed its Outperform rating on November 19, 2024, and elevated its price target to $26. On November 08, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $22 on the stock. William Blair upgraded its rating to a Outperform. Goldman upgraded its rating to a Buy and raised its price target to $18 on October 21, 2024. JMP Securities upgraded its rating to Mkt Outperform for this stock on August 23, 2024, but kept the price target unchanged to $20.
Warby Parker Inc experienced fluctuations in its stock price throughout the past year between $11.35 and $27.10. Currently, Wall Street analysts expect the stock to reach $18.33 within the next 12 months. Warby Parker Inc [NYSE: WRBY] shares were valued at $26.96 at the most recent close of the market. An investor can expect a potential drop of -32.01% 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. 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 26.07 points at the first support level, and at 25.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.41, and for the 2nd resistance point, it is at 27.86.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Warby Parker Inc [NYSE:WRBY] is 2.44. As well, the Quick Ratio is 2.04, while the Cash Ratio is 1.93. Considering the valuation of this stock, the price to sales ratio is 4.37, the price to book ratio is 9.63.
Transactions by insiders
Recent insider trading involved Sulzberger Gabrielle, Officer, that happened on Jan 10 ’25 when 36942.0 shares were purchased. Co-Chief Executive Officer, Blumenthal Neil Harris completed a deal on Jan 02 ’25 to sell 0.3 million shares. Meanwhile, Co-Chief Executive Officer Gilboa David Abraham sold 0.34 million shares on Jan 02 ’25.
