Holdings of Wayfair Inc (W) are aligned with the stars

With 4.31 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.57 million shares. During the session, the Internet Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $74.42 whereas the lowest price it dropped to was $71.14. The 52-week range on W shows that it touched its highest point at $90.71 and its lowest point at $33.85 during that stretch. It currently has a 1-year price target of $71.67. Beta for the stock currently stands at 3.43.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of W was up-trending over the past week, with a rise of 2.49%, but this was up by 26.34% over a month. Three-month performance surged to 41.40% while six-month performance rose 64.92%. The stock gained 105.06% in the past year, while it has gained 15.53% so far this year. A look at the trailing 12-month EPS for W yields -5.36 with Next year EPS estimates of 2.15. For the next quarter, that number is 0.49. This implies an EPS growth rate of 200.41% for this year and 89.83% for next year.

Float and Shares Shorts:

At present, 92.46 million W shares are outstanding with a float of 87.41 million shares on hand for trading. On 2024-04-30, short shares totaled 19.04 million, which was 1561.9999000000003 higher than short shares on 1711584000. In addition to Mr. Niraj S. Shah as the firm’s Co-Founder, Co-Chairman, President & CEO, Mr. Steven K. Conine serves as its Co-Founder & Co-Chairman.

Institutional Ownership:

Through their ownership of 1.13963 of W’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, W reported revenue of $2729000000.0 and operating income of -$156000000.0. The EBITDA in the recently reported quarter was -$56000000.0 and diluted EPS was -$2.06.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for W since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.