Wayfair Inc (NYSE: W) has reported E.P.S. of $-2.06 for its first fiscal quarter (ending March 31) versus $-3.22 for the same period a year ago. This performance was $-2.01 short of the consensus estimate of $-0.05. For the latest four quarters through March 31, E.P.S. were $-5.36 versus $-12.73 for the same period a year ago.
Recent Price Action
Wayfair Inc (NYSE: W) stock enjoyed a major increase of 16.0% on 5/2/24. The shares closed at $58.64. Moreover, this advance was accompanied by exceptionally high trading volume at 336% of normal. The stock has been weak relative to the market over the last nine months but has risen 10.8% during the last week.
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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