Wayfair Inc (NYSE:W) price on current trading day, rose 5.39% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $31.69.
A look at the stock’s price movement, the close in the last trading session was $30.07, moving within a range at $30.0 and $32.33. The beta value (5-Year monthly) was 3.449. Turning to its 52-week performance, $76.18 and $29.68 were the 52-week high and 52-week low respectively. Overall, W moved -35.47% over the past month.
Wayfair Inc’s market cap currently stands at around $4.02 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-19.
Analysts have a consensus estimate of 2.71B for the company’s revenue for the quarter, with a low and high estimate of 2.65B and 2.73B respectively. The average forecast suggests down to a -0.75% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 11.94B, representing a 0.79% jump on that reported in the last financial year.
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 100% 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 -12.43% and -25.36% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 34.78, while 7-day volatility ratio is 5.74% and 6.89% in the 30-day chart. Further, Wayfair Inc (W) has a beta value of 3.76, and an average true range (ATR) of 2.44. Analysts have given the company’s stock an average 52-week price target of $55, forecast between a low of $46 and high of $60. Looking at the price targets, the low is -45.16% off current price level while to achieve the yearly target high, price needs to move -89.33%. Nonetheless, investors will most likely welcome a -73.56% 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 4.13 over the past 10 days and 3.77 million over the past 3 months. The company’s latest data on shares outstanding shows there are 100.76 million shares.
The 26.89% of Wayfair Inc’s shares are in the hands of company insiders while institutional holders own 83.73% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 17.97 million on 2025-02-28, giving us a short ratio of 4.65. The data shows that as of 2025-02-28 short interest in Wayfair Inc (W) stood at 2441.0 of shares outstanding, with shares short rising to 17.01 million registered in 2025-01-31. Current price change has pushed the stock -28.50% 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.
