NYSE:FTCH - Farfetch Stock Price, Forecast & News

Farfetch trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTCH."

Farfetch Ltd (NYSE:FTCH) issued its earnings results on Thursday, November, 14th. The company reported ($0.28) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.37) by $0.09. The company had revenue of $255.50 million for the quarter, compared to analyst estimates of $248.31 million. Farfetch had a negative net margin of 35.84% and a negative return on equity of 25.14%. The company's revenue for the quarter was up 93.3% on a year-over-year basis. During the same quarter last year, the firm earned ($0.30) EPS. View Farfetch's Earnings History.

Farfetch is scheduled to release their next quarterly earnings announcement on Thursday, February 27th 2020. View Earnings Estimates for Farfetch.

11 equities research analysts have issued 12 month target prices for Farfetch's shares. Their forecasts range from $16.00 to $34.00. On average, they expect Farfetch's share price to reach $22.14 in the next year. This suggests a possible upside of 132.2% from the stock's current price. View Analyst Price Targets for Farfetch.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Farfetch in the last year. There are currently 1 sell rating, 1 hold rating and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Farfetch.

Headlines about FTCH stock have trended neutral this week, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Farfetch earned a daily sentiment score of 0.5 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Farfetch.

Farfetch saw a drop in short interest during the month of October. As of October 31st, there was short interest totalling 23,110,000 shares, a drop of 15.3% from the September 30th total of 27,290,000 shares. Based on an average trading volume of 3,660,000 shares, the days-to-cover ratio is currently 6.3 days. Approximately 18.1% of the shares of the stock are sold short. View Farfetch's Current Options Chain.

Some companies that are related to Farfetch include Fair Isaac (FICO), WEX (WEX), Zillow Group (Z), Zillow Group (ZG), Nielsen (NLSN), CDK Global (CDK), CIELO S A/S (CIOXY), Etsy (ETSY), Alliance Data Systems (ADS), MAXIMUS (MMS), Healthequity (HQY), Ritchie Bros. Auctioneers (RBA), TriNet Group (TNET), Envestnet (ENV) and GrubHub (GRUB).

Based on aggregate information from My MarketBeat watchlists, some companies that other Farfetch investors own include Cisco Systems (CSCO), NVIDIA (NVDA), Alibaba Group (BABA), Netflix (NFLX), CVS Health (CVS), XOMA (XOMA), Walt Disney (DIS), Procter & Gamble (PG), Baidu (BIDU) and Bristol-Myers Squibb (BMY).

(FTCH) raised $600 million in an IPO on Friday, September 21st 2018. The company issued 37,500,000 shares at a price of $15.00-$17.00 per share. Goldman Sachs, J.P. Morgan, Allen & Company and UBS Investment Bank acted as the underwriters for the IPO and Credit Suisse, Deutsche Bank Securities, Wells Fargo Securities Cowen and BNP PARIBAS were co-managers.

Farfetch's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Glynn Capital Management LLC (0.74%), Soros Fund Management LLC (0.44%), Global Thematic Partners LLC (0.43%), Manning & Napier Group LLC (0.38%), Russell Investments Group Ltd. (0.32%) and Millennium Management LLC (0.23%).

FTCH stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Pictet Asset Management Ltd., Global Thematic Partners LLC, Shikiar Asset Management Inc., Segantii Capital Management Ltd and Penserra Capital Management LLC.

FTCH stock was acquired by a variety of institutional investors in the last quarter, including Glynn Capital Management LLC, Soros Fund Management LLC, Manning & Napier Group LLC, Russell Investments Group Ltd., Voloridge Investment Management LLC, CIBC Private Wealth Group LLC, Maverick Capital Ltd. and California Public Employees Retirement System.

Shares of FTCH can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of FTCH stock can currently be purchased for approximately $9.54.

Farfetch has a market capitalization of $2.86 billion and generates $602.38 million in revenue each year. The company earns $-155,570,000.00 in net income (profit) each year or ($0.59) on an earnings per share basis. View Additional Information About Farfetch.

The official website for Farfetch is http://www.farfetchinvestors.com/.

Farfetch's mailing address is 211 OLD STREET THE BOWER 4TH FLOOR, LONDON X0, EC1V 9NR. The company can be reached via phone at 44-20-7549-5400 or via email at [email protected]