Farfetch Limited (NYSE: FTCH) is -73.17% lower on its value in year-to-date trading and has touched a low of $6.52 and a high of $47.30 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FTCH stock was last observed hovering at around $9.50 in the last trading session, with the day’s loss setting it -0.53% off its average median price target of $15.00 for the next 12 months. It is also 71.97% off the consensus price target high of $32.00 offered by 21 analysts, but current levels are 0.33% higher than the price target low of $9.00 for the same period.
Currently trading at $8.97, the stock is -12.72% and -2.42% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.5 million and changing -5.58% at the moment leaves the stock -39.50% off its SMA200. FTCH registered -77.66% loss for a year compared to 6-month loss of -41.49%.
The stock witnessed a 14.41% gain in the last 1 month and extending the period to 3 months gives it a 3.70%, and is -20.69% 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 8.00% over the week and 9.41% over the month.
Farfetch Limited (FTCH) has around 6464 employees, a market worth around $3.72B and $2.34B in sales. Current P/E ratio is 2.47. Profit margin for the company is 71.40%. Distance from 52-week low is 37.58% and -81.04% from its 52-week high. The company has generated returns on investments over the last 12 months (-58.50%).
Farfetch Limited (FTCH) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Farfetch Limited (FTCH) is a “Overweight”. 21 analysts offering their recommendations for the stock have an average rating of 2.10, where 7 rate it as a Hold and 0 think it is a “Overweight”. 14 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Farfetch Limited is expected to release its quarterly report on 11/17/2022.The EPS is expected to grow by 132.00% this year
Farfetch Limited (FTCH) Top Institutional Holders
The shares outstanding are 382.81M, and float is at 318.15M with Short Float at 8.46%.