Wayfair Inc (NYSE: W) is -3.63% lower on its value in year-to-date trading and has touched a low of $37.35 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 $43.71 in the last trading session, with the day’s loss setting it -1.0%.
Currently trading at $42.71, the stock is -6.90% and -5.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.28 million and changing -2.29% at the moment leaves the stock -16.84% off its SMA200. W registered -22.58% loss for a year compared to 6-month gain of -20.27%. The firm has a 50-day simple moving average (SMA 50) of $45.212 and a 200-day simple moving average (SMA200) of $51.48485.
The stock witnessed a -22.25% loss in the last 1 month and extending the period to 3 months gives it a -21.42%, and is -11.92% 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 5.15% over the week and 5.37% over the month.
Wayfair Inc (W) has around 14400 employees, a market worth around $5.35B and $11.84B in sales. Fwd P/E is 60.98. Profit margin for the company is -4.54%. Distance from 52-week low is 14.35% and -43.93% 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 138.67% this year.
Wayfair Inc (W) Top Institutional Holders
465.0 institutions hold shares in Wayfair Inc (W), with institutional investors hold 122.82% of the company’s shares. The shares outstanding are 97.89M, and float is at 89.97M with Short Float at 16.37%. Institutions hold 116.10% 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
The most recent transaction is an insider sale by Blotner Jon, the company’s Pres., Commercial & Operations. SEC filings show that Blotner Jon sold 5,669 shares of the company’s common stock on Jan 13 ’25 at a price of $42.83 per share for a total of $0.24 million. Following the sale, the insider now owns 57899.0 shares.
Still, SEC filings show that on Jan 10 ’25, Conine Steven (Officer) Proposed Sale 4,000 shares at an average price of $43.77 for $0.18 million. The insider now directly holds shares of Wayfair Inc (W).
