252 institutions hold shares in Farfetch Limited (FTCH), with 58.4M shares held by insiders accounting for 16.97% while institutional investors hold 94.99% of the company’s shares. The shares outstanding are 344.19M, and float is at 227.33M with Short Float at 7.92%. Institutions hold 78.87% of the Float.
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The top institutional shareholder in the company is Morgan Stanley with over 26.19 million shares valued at $658.89 million. The investor’s holdings represent 8.82% of the FTCH Shares outstanding. As of Sep 29, 2020, the second largest holder is Index Venture Associates V Ltd with 22.69 million shares valued at $570.83 million to account for 7.64% of the shares outstanding. The other top investors are Vitruvian Partners, LLP which holds 19.05 million shares representing 6.41% and valued at over $479.23 million, while Baillie Gifford and Company holds 4.77% of the shares totaling 14.15 million with a market value of $903.18 million.
Farfetch Limited (NYSE: FTCH) is 6.54% higher on its value in year-to-date trading and has touched a low of $5.99 and a high of $73.87 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FTCH stock was last observed hovering at around $73.35 in the last trading session, with the day’s loss setting it -5.37% off its average median price target of $62.50 for the next 12 months. It is also 20.02% off the consensus price target high of $85.00 offered by 17 analysts, but current levels are -41.63% lower than the price target low of $48.00 for the same period.
Currently trading at $67.98, the stock is 4.49% and 7.97% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 8.65 million and changing -7.32% at the moment leaves the stock 91.52% off its SMA200. FTCH registered 453.58% gain for a year compared to 6-month gain of 134.17%. The firm has a 50-day simple moving average (SMA 50) of $63.45 and a 200-day simple moving average (SMA200) of $43.94.
The stock witnessed a 9.59% loss in the last 1 month and extending the period to 3 months gives it a 50.77%, and is -2.20% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.73% over the week and 7.26% over the month.
Farfetch Limited (FTCH) has around 4532 employees, a market worth around $21.77B and $1.52B in sales. Profit margin for the company is -76.70%. Distance from 52-week low is 1034.89% and -7.97% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.20%).
Farfetch Limited (FTCH) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Farfetch Limited (FTCH) is a “Overweight”. 17 analysts offering their recommendations for the stock have an average rating of 2.10, where 4 rate it as a Hold and 0 think it is a “Overweight”. 12 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Farfetch Limited is expected to release its quarterly report on 05/20/2021 and quarterly earnings per share for the current quarter are estimated at -$0.34 with sales reaching $517.09M over the same period.The EPS is expected to shrink by -132.90% this year, but quarterly earnings will post 62.10% year-over-year. Quarterly sales are estimated to grow 35.30% in year-over-year returns.