Wayfair Inc. (NYSE:W – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the thirty analysts that are covering the stock, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, ten have assigned a hold rating, eighteen have given a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $99.8929.
W has been the subject of a number of analyst reports. Jefferies Financial Group reduced their price objective on Wayfair from $86.00 to $70.00 and set a “hold” rating for the company in a research report on Thursday, April 30th. TD Cowen reduced their price objective on Wayfair from $88.00 to $75.00 and set a “hold” rating for the company in a research report on Thursday, April 30th. Royal Bank Of Canada reduced their price objective on Wayfair from $92.00 to $76.00 and set a “sector perform” rating for the company in a research report on Thursday, April 30th. Citigroup reduced their price objective on Wayfair from $110.00 to $95.00 and set a “buy” rating for the company in a research report on Tuesday, May 19th. Finally, Wall Street Zen lowered Wayfair from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st.
Get Our Latest Report on Wayfair
Insider Buying and Selling at Wayfair
Institutional Trading of Wayfair
Several institutional investors have recently added to or reduced their stakes in the business. Optas LLC boosted its stake in Wayfair by 2.1% during the 4th quarter. Optas LLC now owns 5,057 shares of the company’s stock valued at $508,000 after purchasing an additional 106 shares during the last quarter. Larson Financial Group LLC lifted its position in shares of Wayfair by 30.0% in the third quarter. Larson Financial Group LLC now owns 520 shares of the company’s stock valued at $46,000 after acquiring an additional 120 shares in the last quarter. Wedmont Private Capital lifted its position in shares of Wayfair by 3.3% in the fourth quarter. Wedmont Private Capital now owns 3,774 shares of the company’s stock valued at $415,000 after acquiring an additional 121 shares in the last quarter. True Wealth Design LLC lifted its position in shares of Wayfair by 37.7% in the fourth quarter. True Wealth Design LLC now owns 449 shares of the company’s stock valued at $45,000 after acquiring an additional 123 shares in the last quarter. Finally, State of Alaska Department of Revenue increased its holdings in shares of Wayfair by 2.3% in the fourth quarter. State of Alaska Department of Revenue now owns 5,418 shares of the company’s stock worth $544,000 after purchasing an additional 124 shares during the last quarter. 89.67% of the stock is currently owned by hedge funds and other institutional investors.
Wayfair Stock Performance
Shares of NYSE:W opened at $72.79 on Thursday. Wayfair has a 52-week low of $39.90 and a 52-week high of $119.98. The firm has a market capitalization of $9.61 billion, a P/E ratio of -31.10, a P/E/G ratio of 3.80 and a beta of 3.02. The stock has a 50 day moving average price of $71.02 and a 200-day moving average price of $87.50.
Wayfair (NYSE:W – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.26 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.26. Wayfair had a negative return on equity of 2.20% and a negative net margin of 2.41%.The company had revenue of $2.93 billion during the quarter, compared to analyst estimates of $2.89 billion. During the same quarter last year, the company earned $0.10 EPS. The firm’s revenue for the quarter was up 7.4% on a year-over-year basis. On average, equities analysts forecast that Wayfair will post 0.63 EPS for the current fiscal year.
Wayfair Company Profile
Wayfair Inc (NYSE: W) is an e-commerce company focused on home furnishings and décor. Through its platform, Wayfair offers a broad assortment of furniture, lighting, home textiles, kitchenware and decorative accessories. The company’s portfolio includes flagship sites such as Wayfair.com, as well as specialty retail brands like Joss & Main, AllModern, Birch Lane and Perigold, each catering to distinct design styles and price points.
Founded in 2002 by Niraj Shah and Steve Conine under the name CSN Stores, the business rebranded as Wayfair in 2011 and went public in 2014.
Featured Stories
- Five stocks we like better than Wayfair
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
Receive News & Ratings for Wayfair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wayfair and related companies with MarketBeat.com's FREE daily email newsletter.
