With 2.32 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.6 million shares. The 52-week range on WRBY shows that it touched its highest point at $28.68 and its lowest point at $11.35 during that stretch. It currently has a 1-year price target of $27.36. Beta for the stock currently stands at 1.92.
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 WRBY was up-trending over the past week, with a rise of 3.91%, but this was down by -14.95% over a month. Three-month performance surged to 0.08% while six-month performance rose 57.46%. The stock gained 88.98% in the past year, while it has lost -0.17% so far this year. A look at the trailing 12-month EPS for WRBY yields -0.17 with Next year EPS estimates of 0.47. For the next quarter, that number is 0.11. This implies an EPS growth rate of 9.70% for this year and 38.33% for next year. EPS is expected to grow by 14.62% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 19.99%.
Float and Shares Shorts:
At present, 102.89 million WRBY shares are outstanding with a float of 88.53 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WRBY since 9 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.24594 being high and $0.22898 being low. For WRBY, this leads to a yearly average estimate of $0.23746. Based on analyst estimates, the high estimate for the next quarter is $0.13 and the low estimate is $0.09. The average estimate for the next quarter is thus $0.1.
Summary of Insider Activity:
Insiders traded WRBY stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
