Wayfair (W) Projected to Post Quarterly Earnings on Thursday

Wayfair (NYSE:W - Get Free Report) will likely be issuing its Q1 2025 quarterly earnings data before the market opens on Thursday, May 1st. Analysts expect Wayfair to post earnings of ($0.14) per share and revenue of $2.71 billion for the quarter.

Wayfair (NYSE:W - Get Free Report) last released its earnings results on Thursday, February 20th. The company reported ($0.96) earnings per share for the quarter, missing the consensus estimate of $0.05 by ($1.01). The business had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.07 billion. On average, analysts expect Wayfair to post $-3 EPS for the current fiscal year and $-2 EPS for the next fiscal year.

Wayfair Stock Performance

Shares of W stock traded down $1.18 during trading on Wednesday, hitting $30.00. 10,301,752 shares of the company were exchanged, compared to its average volume of 4,672,961. The business's 50-day simple moving average is $31.94 and its 200 day simple moving average is $41.22. Wayfair has a twelve month low of $20.41 and a twelve month high of $76.18. The firm has a market capitalization of $3.81 billion, a price-to-earnings ratio of -7.46 and a beta of 3.72.

Insider Buying and Selling at Wayfair

In other Wayfair news, insider Steven Conine sold 30,000 shares of the company's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $46.33, for a total transaction of $1,389,900.00. Following the transaction, the insider now directly owns 559,073 shares in the company, valued at approximately $25,901,852.09. This represents a 5.09 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Kate Gulliver sold 19,296 shares of Wayfair stock in a transaction that occurred on Wednesday, April 2nd. The stock was sold at an average price of $31.67, for a total transaction of $611,104.32. Following the sale, the chief financial officer now owns 144,474 shares of the company's stock, valued at approximately $4,575,491.58. This represents a 11.78 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 92,863 shares of company stock worth $3,393,929. 21.91% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

W has been the topic of several recent research reports. Needham & Company LLC reaffirmed a "buy" rating and set a $50.00 price objective on shares of Wayfair in a research report on Friday, February 21st. Canaccord Genuity Group reduced their price objective on shares of Wayfair from $68.00 to $58.00 and set a "buy" rating for the company in a research note on Monday. Piper Sandler set a $58.00 target price on shares of Wayfair and gave the stock an "overweight" rating in a research report on Friday, February 21st. JPMorgan Chase & Co. reduced their price target on Wayfair from $63.00 to $50.00 and set an "overweight" rating for the company in a research report on Monday, March 10th. Finally, Loop Capital dropped their target price on shares of Wayfair from $55.00 to $45.00 and set a "hold" rating on the stock in a report on Friday, February 21st. Sixteen investment analysts have rated the stock with a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $50.28.

Wayfair Company Profile

Wayfair Inc provides e-commerce business in the United States and internationally. The company offers approximately thirty million products for the home sector. It offers online selections of furniture, décor, housewares, and home improvement products through its sites consisting of Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional.