W Stock Forecast: All the More Reason to Consider Wayfair Inc (W) Now

Wayfair Inc (NYSE: W) is -3.40% lower on its value in year-to-date trading and has touched a low of $20.41 and a high of $59.51 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 $55.93 in the last trading session, with the day’s loss setting it -2.56%.

Currently trading at $53.37, the stock is 1.17% and 18.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.76 million and changing -4.58% at the moment leaves the stock 24.07% off its SMA200. W registered 20.42% gain for a year compared to 6-month gain of 21.02%. The firm has a 50-day simple moving average (SMA 50) of $44.5742 and a 200-day simple moving average (SMA200) of $43.0198.

The stock witnessed a 13.31% loss in the last 1 month and extending the period to 3 months gives it a 98.03%, and is -3.12% 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 3.92% over the week and 4.48% over the month.

Wayfair Inc (W) has around 13500 employees, a market worth around $6.85B and $11.85B in sales. Fwd P/E is 42.92. Profit margin for the company is -3.01%. Distance from 52-week low is 161.49% and -10.32% from its 52-week high. The company has generated returns on investments over the last 12 months (-32.31%).

The EPS is expected to grow by 366.30% this year.

Wayfair Inc (W) Top Institutional Holders

410.0 institutions hold shares in Wayfair Inc (W), with institutional investors hold 120.29% of the company’s shares. The shares outstanding are 102.29M, and float is at 94.61M with Short Float at 22.63%. Institutions hold 114.89% 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

#####

Related Posts

News RTS
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.