Alert: Negative Investment/Fundamental Signals (8/9/24)-Wayfair Inc (NYSE: W)

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Wayfair Inc (NYSE: W) has recently experienced meaningful negative changes in fundamentals: the stock’s power rating fell below 50, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

Recent meaningful negative changes in investment behavior have impacted Wayfair Inc (NYSE: W): its longer term price trend turned down.

The stock is currently unrated.

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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.

Recent Price Action

On 8/9/24, Wayfair Inc (NYSE: W) stock declined by -3.9%, closing at $39.49. This decline was accompanied by normal trading volume. Relative to the market the stock has been weak over the last nine months and has declined -21.0% during the last week.

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