Wayfair Inc. (NYSE:W) went up by 20.25% from its latest closing price compared to the recent 1-year high of $163.99. The company’s stock price has collected 11.06% of gains in the last five trading sessions. Barron’s reported on 01/20/23 that Wayfair Is Cutting 10% of Staff, Raising Hope for ‘Back Half’ of 2023
Is It Worth Investing in Wayfair Inc. (NYSE :W) Right Now?
Plus, the 36-month beta value for W is at 2.86. Opinions of the stock are interesting as 8 analysts out of 37 who provided ratings for Wayfair Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 20 rated it as “hold,” and 6 as “sell.”
The average price from analysts is $45.34, which is $1.38 above the current price. W currently public float of 72.78M and currently shorts hold a 34.36% ratio of that float. Today, the average trading volume of W was 4.39M shares.
W’s Market Performance
W stocks went up by 11.06% for the week, with a monthly jump of 36.69% and a quarterly performance of 47.84%, while its annual performance rate touched -70.01%. The volatility ratio for the week stands at 9.05% while the volatility levels for the past 30 days are set at 8.13% for Wayfair Inc. The simple moving average for the period of the last 20 days is 26.63% for W stocks with a simple moving average of -9.13% for the last 200 days.
Analysts’ Opinion of W
Morgan Stanley, on the other hand, stated in their research note that they expect to see W reach a price target of $35, previously predicting the price at $30. The rating they have provided for W stocks is “Equal-Weight” according to the report published on January 17th, 2023.
W Trading at 28.05% 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 -71.47% of loss for the given period.
Volatility was left at 8.13%, however, over the last 30 days, the volatility rate increased by 9.05%, as shares surge +36.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +43.18% upper at present.
During the last 5 trading sessions, W rose by +11.06%, which changed the moving average for the period of 200-days by -59.90% in comparison to the 20-day moving average, which settled at $37.57. In addition, Wayfair Inc. saw 42.26% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at W starting from Oblak Steve, who sale 854 shares at the price of $44.40 back on Jan 18. After this action, Oblak Steve now owns 183,941 shares of Wayfair Inc., valued at $37,918 using the latest closing price.
Tan Fiona, the Chief Technology Officer of Wayfair Inc., sale 7,418 shares at $33.49 during a trade that took place back on Jan 04, which means that Tan Fiona is holding 41,925 shares at $248,429 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 58.70, with -28.50 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.30.