With 1.19 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.25 million shares. The 52-week range on WAY shows that it touched its highest point at $48.11 and its lowest point at $20.26 during that stretch. It currently has a 1-year price target of $47.73.
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 WAY was up-trending over the past week, with a rise of 9.07%, but this was up by 15.63% over a month. Three-month performance dropped to -1.63% while six-month performance rose 41.57%. A look at the trailing 12-month EPS for WAY yields 0.13 with Next year EPS estimates of 1.50. For the next quarter, that number is 0.33. This implies an EPS growth rate of 21.67% for this year and 12.77% for next year.
Float and Shares Shorts:
At present, 172.96 million WAY shares are outstanding with a float of 96.50 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 WAY since 8 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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 $0.32664 being high and $0.31265 being low. For WAY, this leads to a yearly average estimate of $0.31643.
