Wayfair Inc (NYSE:W) price on current trading day, fall -6.59% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $44.25.
A look at the stock’s price movement, the level at last check in today’s session was $47.37, moving within a range at $44.09 and $47.18. The beta value (5-Year monthly) was 3.465. Turning to its 52-week performance, $76.18 and $37.35 were the 52-week high and 52-week low respectively. Overall, W moved -3.89% over the past month.
Wayfair Inc’s market cap currently stands at around $5.55 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Turning to the stock’s technical picture we see that short term indicators suggest on average that W is a 100% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
30 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 10 analyst(s) rate the stock as a Hold, 19 recommend W as a Buy and 1 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
W’s current price about -5.13% and -6.73% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 42.24, while 7-day volatility ratio is 5.56% and 4.93% in the 30-day chart. Further, Wayfair Inc (W) has a beta value of 3.43, and an average true range (ATR) of 2.50. Analysts have given the company’s stock an average 52-week price target of $55, forecast between a low of $50 and high of $63. Looking at the price targets, the low is -12.99% off recent price level in today’s trading while to achieve the yearly target high, it has to move -42.37%. Nonetheless, investors will most likely welcome a -24.29% jump to $55 which is the analysts’ median price.
If we refocus on Wayfair Inc (NYSE:W), historical trading data shows that trading volumes averaged 2.68 over the past 10 days and 3.73 million over the past 3 months. The company’s latest data on shares outstanding shows there are 97.89 million shares.
The 28.18% of Wayfair Inc’s shares are in the hands of company insiders while institutional holders own 88.56% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 15.48 million on 2025-01-15, giving us a short ratio of 4.73. The data shows that as of 2025-01-15 short interest in Wayfair Inc (W) stood at 2179.0001 of shares outstanding, with shares short falling to 17.58 million registered in 2024-12-13. Current price change has pushed the stock -0.16% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the W stock continues to rise going into the next quarter.
