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) posted its quarterly earnings data on Thursday, November, 14th. The company reported ($0.28) earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of ($0.37) by $0.09. The company earned $255.50 million during 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 business's revenue for the quarter was up 93.3% on a year-over-year basis. During the same quarter last year, the firm posted ($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 brokerages have issued twelve-month target prices for Farfetch's shares. Their forecasts range from $16.00 to $34.00. On average, they anticipate Farfetch's share price to reach $22.14 in the next twelve months. This suggests a possible upside of 94.4% 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 somewhat negative recently, according to InfoTrie Sentiment. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Farfetch earned a media sentiment score of -1.4 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Farfetch.

Farfetch saw a increase in short interest in the month of January. As of January 15th, there was short interest totalling 28,730,000 shares, an increase of 9.5% from the December 31st total of 26,230,000 shares. Based on an average daily trading volume, of 3,500,000 shares, the short-interest ratio is currently 8.2 days. Approximately 22.7% of the shares of the company are sold short. View Farfetch's Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Farfetch investors own include Stitch Fix (SFIX), NIO (NIO), NVIDIA (NVDA), Tapestry (TPR), Uber Technologies (UBER), Cisco Systems (CSCO), Alibaba Group (BABA), Bristol-Myers Squibb (BMY), CVS Health (CVS) and GrubHub (GRUB).

(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 served 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 variety of of retail and institutional investors. Top institutional shareholders include Global Thematic Partners LLC (1.24%), Coronation Fund Managers Ltd. (0.30%), Manning & Napier Group LLC (0.18%), Zurcher Kantonalbank Zurich Cantonalbank (0.01%), NEXT Financial Group Inc (0.00%) and Ayalon Holdings Ltd. (0.00%).

FTCH stock was sold by a variety of institutional investors in the last quarter, including Manning & Napier Group LLC.

FTCH stock was acquired by a variety of institutional investors in the last quarter, including Global Thematic Partners LLC, Coronation Fund Managers Ltd., Zurcher Kantonalbank Zurich Cantonalbank , NEXT Financial Group Inc and Ayalon Holdings Ltd..

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 $11.39.

Farfetch has a market capitalization of $3.42 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]