Wayfair Inc. (NYSE: W) is -1.16% lower on its value in year-to-date trading and has touched a low of $28.11 and a high of $130.58 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 W stock was last observed hovering at around $32.29 in the last trading session, with the day’s gains setting it 0.22%.
Currently trading at $32.51, the stock is -19.89% and -30.78% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.48 million and changing 0.68% at the moment leaves the stock -28.85% off its SMA200. W registered -71.18% loss for a year compared to 6-month gain of -35.03%.
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The stock witnessed a -35.46% loss in the last 1 month and extending the period to 3 months gives it a -17.97%, and is -10.27% 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 11.08% over the week and 8.70% over the month.
Wayfair Inc. (W) has around 15745 employees, a market worth around $4.01B and $12.22B in sales. Profit margin for the company is -10.90%. Distance from 52-week low is 15.65% and -75.10% from its 52-week high. The company has generated returns on investments over the last 12 months (-221.50%).
Wayfair Inc. (W) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Wayfair Inc. (W) is a “Hold”. 38 analysts offering their recommendations for the stock have an average rating of 2.70, where 20 rate it as a Hold and 0 think it is a “Overweight”. 13 of the analysts rate the stock as a “Buy”. 4 analysts have rated the stock as a Sell or Underperform.
Wayfair Inc. is expected to release its quarterly report on 05/04/2023.The EPS is expected to shrink by -896.90% this year
Wayfair Inc. (W) Top Institutional Holders
The shares outstanding are 106.00M, and float is at 72.78M with Short Float at 34.70%.
Wayfair Inc. (W) Insider Activity
A total of 77 insider transactions have happened at Wayfair Inc. (W) in the last six months, with sales accounting for 40 and purchases happening 37 times. The most recent transaction is an insider sale by Tan Fiona, the company’s Chief Technology Officer. SEC filings show that Tan Fiona sold 3,221 shares of the company’s common stock on Mar 02 at a price of $38.62 per share for a total of $0.12 million. Following the sale, the insider now owns 48418.0 shares.
Wayfair Inc. disclosed in a document filed with the SEC on Mar 02 that Oblak Steve (Chief Commercial Officer) sold a total of 2,889 shares of the company’s common stock. The trade occurred on Mar 02 and was made at $38.69 per share for $0.11 million. Following the transaction, the insider now directly holds 0.19 million shares of the W stock.
Still, SEC filings show that on Mar 02, Netzer Thomas (Chief Operating Officer) disposed off 2,757 shares at an average price of $38.59 for $0.11 million. The insider now directly holds 87,087 shares of Wayfair Inc. (W).
Wayfair Inc. (W): Who are the competitors?
The company’s main competitors (and peers) include Conn’s Inc. (CONN) that is trading -63.02% down over the past 12 months and Boot Barn Holdings Inc. (BOOT) that is -15.94% lower over the same period.