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) released its quarterly earnings results on Thursday, November, 14th. The company reported ($0.28) earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.37) by $0.09. The firm earned $255.50 million during the quarter, compared to the consensus estimate 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) earnings per share. 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 1-year price targets for Farfetch's shares. Their forecasts range from $16.00 to $34.00. On average, they anticipate Farfetch's stock price to reach $22.14 in the next twelve months. This suggests a possible upside of 132.8% 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.

Media headlines about FTCH stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Farfetch earned a daily sentiment score of 1.5 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the next several days. View News Stories for Farfetch.

Farfetch saw a increase in short interest in January. As of January 31st, there was short interest totalling 31,210,000 shares, an increase of 8.6% from the January 15th total of 28,730,000 shares. Based on an average daily volume of 3,730,000 shares, the days-to-cover ratio is presently 8.4 days. Currently, 24.7% of the shares of the stock are sold short. View Farfetch's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Farfetch investors own include NIO (NIO), NVIDIA (NVDA), Stitch Fix (SFIX), Alibaba Group (BABA), Uber Technologies (UBER), Cisco Systems (CSCO), Roku (ROKU), CVS Health (CVS), Walt Disney (DIS) and GrubHub (GRUB).

(FTCH) raised $600 million in an initial public offering 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 retail and institutional investors. Top institutional shareholders include Tremblant Capital Group (3.85%), Jackson Square Partners LLC (2.53%), Altimeter Capital Management LP (1.26%), Global Thematic Partners LLC (1.24%), Glynn Capital Management LLC (0.91%) and Baillie Gifford & Co. (0.68%).

FTCH stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Joho Capital LLC, Manning & Napier Group LLC, Landscape Capital Management L.L.C., Russell Investments Group Ltd., Cubist Systematic Strategies LLC, Quantbot Technologies LP and Jefferies Group LLC.

FTCH stock was bought by a variety of institutional investors in the last quarter, including Tremblant Capital Group, Altimeter Capital Management LP, Global Thematic Partners LLC, Barker Partnership L.P., Coronation Fund Managers Ltd., Baillie Gifford & Co., Glynn Capital Management LLC and Marshall Wace LLP.

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 $9.51.

Farfetch has a market capitalization of $2.85 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]