Wayfair Inc. (NYSE:W) went up by 6.74% from its latest closing price compared to the recent 1-year high of $328.21. The company’s stock price has collected 1.82% of gains in the last five trading sessions. Barron’s reported on 05/17/22 that Wayfair Is Latest Company to Freeze Corporate Hiring as Costs Rise
Is It Worth Investing in Wayfair Inc. (NYSE :W) Right Now?
Plus, the 36-month beta value for W is at 2.84. Opinions of the stock are interesting as 10 analysts out of 32 who provided ratings for Wayfair Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 13 rated it as “hold,” and 6 as “sell.”
The average price from analysts is $93.69, which is $48.72 above the current price. W currently public float of 73.78M and currently shorts hold a 29.65% ratio of that float. Today, the average trading volume of W was 3.80M shares.
W’s Market Performance
W stocks went up by 1.82% for the week, with a monthly drop of -6.65% and a quarterly performance of -62.40%, while its annual performance rate touched -84.39%. The volatility ratio for the week stands at 6.75% while the volatility levels for the past 30 days are set at 8.12% for Wayfair Inc. The simple moving average for the period of the last 20 days is -8.79% for W stocks with a simple moving average of -70.92% for the last 200 days.
Analysts’ Opinion of W
Bernstein, on the other hand, stated in their research note that they expect to see W reach a price target of $45. The rating they have provided for W stocks is “Underperform” according to the report published on May 24th, 2022.
Piper Sandler gave a rating of “Neutral” to W, setting the target price at $65 in the report published on May 06th of the current year.
W Trading at -30.18% from the 50-Day Moving Average
After a stumble in the market that brought W to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -85.38% of loss for the given period.
Volatility was left at 8.12%, however, over the last 30 days, the volatility rate increased by 6.75%, as shares sank -4.42% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -57.18% lower at present.
During the last 5 trading sessions, W rose by +1.82%, which changed the moving average for the period of 200-days by -82.45% in comparison to the 20-day moving average, which settled at $52.51. In addition, Wayfair Inc. saw -74.73% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at W starting from Netzer Thomas, who sale 285 shares at the price of $45.51 back on Jun 17. After this action, Netzer Thomas now owns 44,209 shares of Wayfair Inc., valued at $12,970 using the latest closing price.
Oblak Steve, the Chief Commercial Officer of Wayfair Inc., sale 1,722 shares at $45.89 during a trade that took place back on Jun 16, which means that Oblak Steve is holding 154,643 shares at $79,016 based on the most recent closing price.
Stock Fundamentals for W
Current profitability levels for the company are sitting at:
- -0.60 for the present operating margin
- +28.41 for the gross margin
The net margin for Wayfair Inc. stands at -0.96. Equity return is now at value 28.40, with -10.40 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.30.