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Wayfair Inc (W) Analysis & Opinions from Experts

Wayfair Inc (NYSE: W) is 3.23% higher on its value in year-to-date trading and has touched a low of $29.51 and a high of $90.71 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 W stock was last observed hovering at around $65.85 in the last trading session, with the day’s loss setting it -2.16%.

Currently trading at $63.69, the stock is 1.51% and 11.33% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.05 million and changing -3.28% at the moment leaves the stock 7.15% off its SMA200. W registered 96.09% gain for a year compared to 6-month loss of 5.15%. The firm has a 50-day simple moving average (SMA 50) of $0.88 and a 200-day simple moving average (SMA200) of -$35.67.

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The stock witnessed a 5.94% gain in the last 1 month and extending the period to 3 months gives it a 3.23%, and is 0.54% up 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 4.28% over the week and 4.59% over the month.

Fwd P/E is 28.07. Profit margin for the company is -6.15%. Distance from 52-week low is 115.83% and -29.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-59.18%).

Wayfair Inc quarterly earnings per share for the current quarter are estimated at -$0.45 with sales reaching $2.64B over the same period.The EPS is expected to grow by 185.02% this year, but quarterly earnings will post -0.40% year-over-year. Quarterly sales are estimated to shrink -4.70% in year-over-year returns.

Wayfair Inc (W) Top Institutional Holders

476 institutions hold shares in Wayfair Inc (W), with institutional investors hold 120.42% of the company’s shares. The shares outstanding are 92.46M, and float is at 85.81M with Short Float at 25.05%. Institutions hold 114.61% of the Float.

The top institutional shareholder in the company is FMR, LLC with over 13.03 million shares valued at $847.1 million. The investor’s holdings represent 14.44% of the W Shares outstanding. As of Jun 29, 2023, the second largest holder is Capital World Investors with 10.68 million shares valued at $694.58 million to account for 11.84% of the shares outstanding. The other top investors are Baillie Gifford and Company which holds 7.85 million shares representing 8.70% and valued at over $510.42 million, while Vanguard Group Inc holds 8.25% of the shares totaling 7.44 million with a market value of $483.91 million.

Wayfair Inc (W) Insider Activity

The most recent transaction is an insider sale by Netzer Thomas,the company’sChief Operating Officer. SEC filings show that Netzer Thomas sold 984 shares of the company’s common stock on Mar 18 ’24 at a price of $60.58 per share for a total of $59611.0. Following the sale, the insider now owns 0.12 million shares.

Wayfair Inc disclosed in a document filed with the SEC on Mar 07 ’24 that Conine Steven (Co-Founder) sold a total of 10,000 shares of the company’s common stock. The trade occurred on Mar 07 ’24 and was made at $59.91 per share for $0.6 million. Following the transaction, the insider now directly holds 0.25 million shares of the W stock.

Still, SEC filings show that on Mar 07 ’24, Shah Niraj (Chief Executive Officer) disposed off 10,000 shares at an average price of $59.90 for $0.6 million. The insider now directly holds 249,137 shares of Wayfair Inc (W).

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