Stock FAQs

why is wayfair stock going up

by Ivory Toy Published 3 years ago Updated 2 years ago
image

A look at Wayfair's valuation
Revenue grew 35% in 2019 but then accelerated to a rate of 55% in 2020. During the pandemic boom, the market sent the stock soaring to a price-to-sales (P/S) ratio of nearly 3.0 as investors extrapolated the elevated growth further out in the future.
Mar 3, 2022

Full Answer

What is the upside for Wayfair's share price?

On average, they anticipate Wayfair's share price to reach $153.29 in the next twelve months. This suggests a possible upside of 34.3% from the stock's current price. View Analyst Price Targets for Wayfair.

What are Wayfair's price targets for the next year?

21 analysts have issued 12-month price targets for Wayfair's shares. Their forecasts range from $200.00 to $450.00. On average, they expect Wayfair's share price to reach $332.86 in the next year. This suggests a possible upside of 19.8% from the stock's current price.

Why is Wayfair stock at a 52-week low?

Wayfair (W) shares hit a 52-week low on Wednesday after a Wedbush note downgraded the stock and called the online furniture retailer's 2021 results "underwhelming." Wayfair Stock Gets a Downgrade. Shares Are Slipping. Wedbush analysts said it's likely supply chain shortages got the best of online retailer Wayfair.

Is Wayfair a buy or sell on marketbeat?

There are currently 2 sell ratings, 5 hold ratings and 14 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Wayfair stock. View analyst ratings for Wayfair or view top-rated stocks. What stocks does MarketBeat like better than Wayfair?

image

Why is Wayfair stock increasing?

According to IBISWorld, industry revenue grew to $55.6 billion in 2021 at a 14.4% compound annual rate over the previous five years. Increased demand in 2020 resulting from the combination of stimulus checks and people working from home contributed to the industry's 17.9% growth in 2021.

Will Wayfair stock go up?

Stock Price Forecast The 26 analysts offering 12-month price forecasts for Wayfair Inc have a median target of 70.00, with a high estimate of 395.00 and a low estimate of 40.00. The median estimate represents a +54.70% increase from the last price of 45.25.

Is Wayfair a good stock to buy now?

Zacks' proprietary data indicates that Wayfair Inc. is currently rated as a Zacks Rank 4 and we are expecting a below average return from the W shares relative to the market in the next few months.

What is the future of Wayfair?

Weak Growth Prospects IBISWorld estimated that Wayfair's online sales grew at a five year average rate of 36.8% through 2021, its growth rate peaked at 57.4% and in 2021 it eked out 8% growth — which turned negative in the first quarter. Its market share peaked in 2020 at 9.8% in 2020 and fell to 8.8% in 2021.

Is Wayfair stock overpriced?

There's still good chance the company is going to post a loss for the year, however, with analysts predicting over $3.00 loss per share. This is despite U.S. consumers spending nearly 50 percent more online in 2020. Some analysts believe Wayfair may be overvalued by at least half.

Is Wayfair a Buy Sell or Hold?

Wayfair has received a consensus rating of Hold. The company's average rating score is 1.96, and is based on 8 buy ratings, 7 hold ratings, and 9 sell ratings.

Will Wayfair go out of business?

From all appearances, there's no danger of Wayfair going away. But there are also fewer signs of it going ahead. Warren Shoulberg is the former editor in chief for several leading B2B publications.

Why is Wayfair not profitable?

A large contributor to its losses has been the high advertising costs associated with acquiring customers. In its fourth quarter, Wayfair reported advertising expenses reached $345 million, down slightly from last year's $374 million, but representing a larger percentage of total revenue at 10.6%.

How much is Wayfair debt?

Wayfair long term debt for the quarter ending March 31, 2022 was $3.054B, a 0.2% decline year-over-year. Wayfair long term debt for 2021 was $3.052B, a 14.78% increase from 2020. Wayfair long term debt for 2020 was $2.659B, a 82.6% increase from 2019.

Who is the majority owner of Wayfair?

WayfairThe Wayfair headquarters in the Back Bay section of Boston, Massachusetts in 2018.FoundersNiraj Shah Steve ConineHeadquarters4 Copley Place Boston, Massachusetts, U.S.Key peopleNiraj Shah (co-chairman, president & CEO) Steve Conine (co-chairman)ServicesOnline shopping14 more rows

Who owns wayfair stock?

Top 10 Owners of Wayfair IncStockholderStakeShares ownedThe Vanguard Group, Inc.8.03%6,387,324Bares Capital Management, Inc.5.72%4,551,863Prescott Investors, Inc.5.27%4,191,041Vulcan Value Partners LLC4.94%3,928,1136 more rows

Who is Wayfair's competition?

Wayfair competitors include Amazon, Macy's, Homepolish and Hayneedle.

About Wayfair

Wayfair, Inc. engages in an online home furnishing store. It operates through the U.S. and International segments. The U.S. segment consists of amounts earned through product sales through the Company's five distinct sites in the U.S. and through websites operated by third parties in the U.S.

Headlines

Wayfair shares are trading higher amid overall market strength. - Benzinga

Wayfair (NYSE:W) Frequently Asked Questions

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Wayfair in the last twelve months. There are currently 4 sell ratings, 8 hold ratings and 10 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" Wayfair stock.

Earnings Preview: Wayfair (W) Q4 Earnings Expected to Decline

Wayfair (W) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Which Is a Better Buy -- RH or Wayfair?

RH (NYSE: RH) and Wayfair (NYSE: W) are two key players in the home furnishing industry and both are down over 40% from their 52-week highs.

image

Ownership

Sales

  • Wayfair Inc (NYSE:W) announced its quarterly earnings data on Thursday, May, 2nd. The company reported ($1.62) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($1.60) by $0.02. The company earned $1.94 billion during the quarter, compared to analyst estimates of $1.92 billion. The company's quarterly rev...
See more on marketbeat.com

Release

  • Wayfair is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Wayfair.
See more on marketbeat.com

Ratings

  • 24 Wall Street analysts have issued \"buy,\" \"hold,\" and \"sell\" ratings for Wayfair in the last year. There are currently 1 sell rating, 12 hold ratings and 11 buy ratings for the stock, resulting in a consensus recommendation of \"Hold.\" View Analyst Ratings for Wayfair.
See more on marketbeat.com

Reception

  • Press coverage about W stock has been trending positive on Monday, InfoTrie reports. InfoTrie rates the sentiment of news coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Wayfair earned a media sentiment score o…
See more on marketbeat.com

Business

  • Wayfair has a market capitalization of $12.56 billion and generates $6.78 billion in revenue each year. The company earns $-504,080,000.00 in net income (profit) each year or ($5.61) on an earnings per share basis. Wayfair employs 12,124 workers across the globe.
See more on marketbeat.com

Location

  • Wayfair's mailing address is 4 COPLEY PLACE 7TH FLOOR, BOSTON MA, 02116. The company can be reached via phone at 617-532-6100 or via email at [email protected].
See more on marketbeat.com

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 1 2 3 4 5 6 7 8 9