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Wayfair Inc (W) Volatility At 5.81%, Should You Add A Position?

Wayfair Inc (NYSE: W) is -37.13% lower on its value in year-to-date trading and has touched a low of $37.51 and a high of $76.18 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 $38.48 in the last trading session, with the day’s gains setting it 0.31%.

Currently trading at $38.79, the stock is -9.39% and -19.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.84 million and changing 0.81% at the moment leaves the stock -27.39% off its SMA200. W registered -14.90% loss for a year compared to 6-month loss of -43.51%. The firm has a 50-day simple moving average (SMA 50) of $48.2906 and a 200-day simple moving average (SMA200) of $53.48335.

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The stock witnessed a -28.60% gain in the last 1 month and extending the period to 3 months gives it a -12.42%, and is -2.51% 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 5.81% over the week and 6.09% over the month.

Wayfair Inc (W) has around 14400 employees, a market worth around $4.86B and $11.84B in sales. Fwd P/E is 49.01. Profit margin for the company is -4.54%. Distance from 52-week low is 3.43% and -49.08% from its 52-week high. The company has generated returns on investments over the last 12 months (-44.39%).

The EPS is expected to grow by 137.70% this year

460.0 institutions hold shares in Wayfair Inc (W), with institutional investors hold 122.09% of the company’s shares. The shares outstanding are 92.46M, and float is at 90.79M with Short Float at 18.83%. Institutions hold 116.48% of the Float.

The top institutional shareholder in the company is FMR LLC with over 14.41 million shares valued at $759.61 million. The investor’s holdings represent 11.8078 of the W Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL WORLD INVESTORS with 12.15 million shares valued at $640.6 million to account for 9.958 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 8.98 million shares representing 7.3641 and valued at over $473.74 million, while BAILLIE GIFFORD & CO holds 4.5805 of the shares totaling 5.59 million with a market value of $294.66 million.

Wayfair Inc (W) Insider Activity

Still, SEC filings show that on Nov 04 ’24, Schaferkordt Anke (Director) disposed off 397 shares at an average price of $40.92 for $16245.0. The insider now directly holds 12,434 shares of Wayfair Inc (W).

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