Wayfair Inc (NYSE: W) has reported a loss for its second fiscal quarter (ending June 30) of $-0.34 versus a loss $-0.41 for the same period a year ago. For the latest four quarters through June 30, E.P.S. were $-5.28 compared to $-9.52 a year ago.
Recent Price Action
Wayfair Inc (NYSE: W) stock closed at $50.01 on 8/1/24 after a large decline of -8.1%. Moreover, trading volume in this decline was exceptionally high at 321% of normal. The stock has risen 4.1% during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to fall short of the cost of capital, W is expected to be a major Value Eraser.
Wayfair is currently unrated.
Rating Review
The stock is currently unrated.
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