Wayfair Inc (W) Stock: A Study of the Market Performance

In the past week, W stock has gone down by -4.54%, with a monthly decline of -2.22% and a quarterly plunge of -4.73%. The volatility ratio for the week is 6.60%, and the volatility levels for the last 30 days are 4.70% for Wayfair Inc. The simple moving average for the past 20 days is -2.86% for W’s stock, with a -8.39% simple moving average for the past 200 days.

Is It Worth Investing in Wayfair Inc (NYSE: W) Right Now?

Company’s 36-month beta value is 3.44.Analysts have differing opinions on the stock, with 5 analysts rating it as a “buy,” 9 as “overweight,” 9 as “hold,” and 0 as “sell.”

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The public float for W is 87.43M, and currently, short sellers hold a 23.56% ratio of that floaft. The average trading volume of W on July 23, 2024 was 4.10M shares.

W) stock’s latest price update

The stock of Wayfair Inc (NYSE: W) has decreased by -0.45 when compared to last closing price of 51.37.Despite this, the company has seen a loss of -4.54% in its stock price over the last five trading days. investorplace.com reported 2024-07-18 that This week, there’s been a great deal of focus on Amazon (NASDAQ: AMZN ) as it held its Prime Day event from July 16-17. Now, online furniture retailer Wayfair (NASDAQ: W ) is getting in on the summer shopping extravaganza.

Analysts’ Opinion of W

RBC Capital Mkts, on the other hand, stated in their research note that they expect to see W reach a price target of $61, previously predicting the price at $62. The rating they have provided for W stocks is “Sector Perform” according to the report published on April 24th, 2024.

Evercore ISI gave a rating of “Outperform” to W, setting the target price at $80 in the report published on April 04th of the current year.

W Trading at -11.69% 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 -43.62% of loss for the given period.

Volatility was left at 4.70%, however, over the last 30 days, the volatility rate increased by 6.60%, as shares sank -2.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -25.03% lower at present.

During the last 5 trading sessions, W fell by -4.54%, which changed the moving average for the period of 200-days by -10.14% in comparison to the 20-day moving average, which settled at $52.59. In addition, Wayfair Inc saw -17.12% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at W starting from Blotner Jon, who sale 4,395 shares at the price of $56.09 back on Jul 15 ’24. After this action, Blotner Jon now owns 43,926 shares of Wayfair Inc, valued at $246,516 using the latest closing price.

Conine Steven, the Co-Founder of Wayfair Inc, sale 10,000 shares at $52.62 during a trade that took place back on Jul 08 ’24, which means that Conine Steven is holding 209,073 shares at $526,250 based on the most recent closing price.

Stock Fundamentals for W

Current profitability levels for the company are sitting at:

  • -0.05 for the present operating margin
  • 0.31 for the gross margin

The net margin for Wayfair Inc stands at -0.05. The total capital return value is set at -0.51.

Based on Wayfair Inc (W), the company’s capital structure generated 8.3 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at -1.14. The interest coverage ratio of the stock is -34.56.

Currently, EBITDA for the company is -317.0 million with net debt to EBITDA at -14.11. When we switch over and look at the enterprise to sales, we see a ratio of 0.76. The receivables turnover for the company is 105.82for trailing twelve months and the total asset turnover is 3.69. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.78.

Conclusion

In a nutshell, Wayfair Inc (W) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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