Wayfair Inc (NYSE: W) is 9.72% higher 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 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 $44.99 in the last trading session, with the day’s gains setting it 3.64%.
Currently trading at $48.63, the stock is 8.24% and 7.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.69 million and changing 8.09% at the moment leaves the stock -4.57% off its SMA200. W registered -4.46% loss for a year compared to 6-month loss of -5.33%. The firm has a 50-day simple moving average (SMA 50) of $45.3394 and a 200-day simple moving average (SMA200) of $51.02945.
The stock witnessed a -3.55% gain in the last 1 month and extending the period to 3 months gives it a -7.49%, and is 11.26% 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 5.68% over the week and 5.41% over the month.
Wayfair Inc (W) has around 14400 employees, a market worth around $6.09B and $11.84B in sales. Fwd P/E is 69.60. Profit margin for the company is -4.54%. Distance from 52-week low is 30.20% and -36.16% from its 52-week high. The company has generated returns on investments over the last 12 months (-44.39%).
with sales reaching $3.06B over the same period.The EPS is expected to grow by 138.68% this year, but quarterly earnings will post -1.86% year-over-year. Quarterly sales are estimated to shrink -1.64% in year-over-year returns.
Wayfair Inc (W) Top Institutional Holders
468.0 institutions hold shares in Wayfair Inc (W), with institutional investors hold 123.05% of the company’s shares. The shares outstanding are 97.89M, and float is at 89.98M with Short Float at 16.37%. Institutions hold 116.31% 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
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Still, SEC filings show that on Jan 13 ’25, Blotner Jon (Pres., Commercial & Operations) disposed off 5,669 shares at an average price of $42.83 for $0.24 million. The insider now directly holds 57,899 shares of Wayfair Inc (W).
