NYSE:FTCH

Farfetch - FTCH Stock Forecast, Price & News

$9.93

-0.23 (-2.26%)

(As of 08/15/2022 12:00 AM ET)

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Today's Range: $9.84
▼
$10.44
50-Day Range: $6.54
▼
$10.16
52-Week Range: $6.52
▼
$47.30

Volume: 4.57 million shs
Average Volume: 10.34 million shs
Market Capitalization: $3.78 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $21.00

Farfetch MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.69 Rating Score
Upside/Downside: 111.5% Upside
$21.00 Price Target
Short Interest: Bearish
8.25% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.38
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($1.16) to ($1.13) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.33 out of 5 stars

Retail/Wholesale Sector

113th out of 219 stocks

Business Services, Not Elsewhere Classified Industry

52nd out of 105 stocks

4.3

Analyst's Opinion

Consensus Rating
Farfetch has received a consensus rating of Buy. The company's average rating score is 2.69, and is based on 11 buy ratings, 5 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $21.00, Farfetch has a forecasted upside of 111.5% from its current price of $9.93.
Amount of Analyst Coverage
Farfetch has been the subject of 13 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
8.25% of the float of Farfetch has been sold short.
Short Interest Ratio / Days to Cover
Farfetch has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Farfetch has recently increased by 4.23%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Farfetch does not currently pay a dividend.
Dividend Growth
Farfetch does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FTCH.

3.0

News and Social Media Coverage

News Sentiment
Farfetch has a news sentiment score of 0.38. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Farfetch this week, compared to 5 articles on an average week.
Search Interest
24 people have searched for FTCH on MarketBeat in the last 30 days. This is an increase of 140% compared to the previous 30 days.
MarketBeat Follows
12 people have added Farfetch to their MarketBeat watchlist in the last 30 days. This is an increase of 140% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Farfetch insiders have not sold or bought any company stock.
Percentage Held by Institutions
81.36% of the stock of Farfetch is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Farfetch are expected to grow in the coming year, from ($1.16) to ($1.13) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Farfetch is -8.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Farfetch is -8.56, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Farfetch has a P/B Ratio of 13.99. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Farfetch (NYSE:FTCH) Stock

Farfetch Ltd. engages in the retail of fashion and luxury goods. It offers womenswear, menswear, kidswear, vintage, fine watches, and fine jewelry. The company was founded by José Manuel Ferreira Neves in 2007 and launched in 2008 and is headquartered in London, the United Kingdom.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Credit Suisse Group lowered their target price on shares of Farfetch from $47.00 to $36.00 and set an "outperform" rating for the company in a report on Wednesday, May 25th. BTIG Research decreased their price target on shares of Farfetch from $26.00 to $16.00 and set a "buy" rating for the company in a research note on Friday, May 27th. Wells Fargo & Company decreased their price target on shares of Farfetch from $35.00 to $25.00 and set an "overweight" rating for the company in a research note on Friday, May 27th. Morgan Stanley decreased their price target on shares of Farfetch from $56.00 to $30.00 and set an "overweight" rating for the company in a research note on Friday, May 27th. Finally, Cowen cut shares of Farfetch from an "outperform" rating to a "market perform" rating and decreased their price target for the stock from $11.00 to $9.00 in a research note on Tuesday, August 2nd. Six equities research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $22.47.

Farfetch Trading Down 2.3 %

Shares of Farfetch stock traded down $0.23 during mid-day trading on Monday, hitting $9.93. 4,571,246 shares of the stock were exchanged, compared to its average volume of 10,342,704. Farfetch has a twelve month low of $6.52 and a twelve month high of $47.30. The stock has a market capitalization of $3.78 billion, a price-to-earnings ratio of -8.55 and a beta of 3.00. The company has a 50-day simple moving average of $8.19 and a 200 day simple moving average of $11.81. The company has a current ratio of 2.05, a quick ratio of 1.71 and a debt-to-equity ratio of 0.51.

Farfetch (NYSE:FTCH - Get Rating) last released its quarterly earnings results on Thursday, May 26th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.35) by ($0.02). Farfetch had a return on equity of 1,826.57% and a net margin of 73.70%. The firm had revenue of $514.80 million for the quarter, compared to analyst estimates of $560.27 million. During the same period in the prior year, the business earned ($0.28) earnings per share. Farfetch's revenue for the quarter was up 6.1% on a year-over-year basis. Research analysts forecast that Farfetch will post -1.16 EPS for the current year.

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FTCH Stock News Headlines

August 15, 2022 | americanbankingnews.com

Reviewing Enjoy Technology (NASDAQ:ENJY) and Farfetch (NYSE:FTCH)

August 14, 2022 | nasdaq.com

7 Stock Price Predictions That Are Actually Worth Listening To - Nasdaq

August 13, 2022 | nasdaq.com

Sociedad Quimica (SQM) to Post Q2 Earnings: What's in the Offing? - Nasdaq

August 13, 2022 | americanbankingnews.com

Farfetch (NYSE:FTCH) Shares Up 9.9%

August 11, 2022 | seekingalpha.com

Farfetch shares fueled higher on Ferragamo partnership (NYSE:FTCH) - Seeking Alpha

August 11, 2022 | reuters.com

Ferragamo partners with Farfetch to grow online, reach younger shoppers - Reuters

August 10, 2022 | fool.com

Why Farfetch Limited, DoorDash, and The Beauty Health Company Soared Today - The Motley Fool

August 5, 2022 | apnews.com

Farfetch to Announce Second Quarter 2022 Results

August 4, 2022 | benzinga.com

Farfetch to Announce Second Quarter 2022 Results - Benzinga

August 4, 2022 | americanbankingnews.com

Cowen Downgrades Farfetch (NYSE:FTCH) to Market Perform

August 4, 2022 | americanbankingnews.com

Farfetch (NYSE:FTCH) Rating Lowered to Market Perform at Cowen

August 4, 2022 | investing.com

Farfetch Limited Shares Downgraded at Cowen on 'Lack of Upside to Estimates'

August 2, 2022 | msn.com

The fashion editor-approved resortwear brands worth blowing your holiday budget for - msnNOW

August 2, 2022 | seekingalpha.com

Farfetch trades lower after Cowen turns cautious on near-term setup - Seeking Alpha

August 1, 2022 | finance.yahoo.com

UiPath Acquires Re:infer Bringing Natural Language Processing to Enhance Everyday Customer Conversations Through Automation - Yahoo Finance

July 28, 2022 | finance.yahoo.com

Miller Value: “Farfetch (FTCH)’s Value Alone to be Worth More Than the Entire Company Today”

July 27, 2022 | seekingalpha.com

Farfetch stock jumps on takeover speculation (NYSE:FTCH) - Seeking Alpha

July 27, 2022 | americanbankingnews.com

Farfetch Ltd (NYSE:FTCH) Given Average Rating of "Moderate Buy" by Analysts

July 26, 2022 | techcrunch.com

Pokémon Go’s new ‘daily adventure incense’ will make you take a 15-minute walk - TechCrunch

July 25, 2022 | americanbankingnews.com

Piper Sandler Begins Coverage on Farfetch (NYSE:FTCH)

July 21, 2022 | benzinga.com

11 Analysts Have This to Say About Farfetch - Benzinga - Benzinga

July 21, 2022 | nasdaq.com

Farfetch (NYSE:FTCH) shareholders are up 18% this past week, but still in the red over the last year - Nasdaq

July 21, 2022 | barrons.com

4 Retail Stocks for Tougher Times, According to This Analyst - Barron's

July 21, 2022 | americanbankingnews.com

Farfetch (NYSE:FTCH) Now Covered by KeyCorp

July 19, 2022 | benzinga.com

Farfetch shares are trading higher amid overall market strength as some discretionary stocks gain followi - Benzinga

See More Headlines

30 days | 90 days | 365 days | Advanced Chart

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FTCH Company Calendar

Last Earnings: 5/26/2022
Today: 8/15/2022
Next Earnings (Confirmed): 8/25/2022
Fiscal Year End: 12/31/2022

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Business services, not elsewhere classified
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NYSE:FTCH
CUSIP: N/A
CIK: 1740915
Web: www.farfetchinvestors.com
Phone: 44-20-7549-5400
Fax: N/A
Employees: 6,464
Year Founded: 2007

Price Target and Rating

Average Stock Price Forecast: $21.00
High Stock Price Forecast: $68.00
Low Stock Price Forecast: $8.00
Forecasted Upside/Downside: +111.5%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.69
Research Coverage: 16 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($1.16)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $1.47 billion
Net Margins: 73.70%
Pretax Margin: 73.86%
Return on Equity: 1,826.57%
Return on Assets: 45.67%

Debt

Debt-to-Equity Ratio: 0.51
Current Ratio: 2.05
Quick Ratio: 1.71

Sales & Book Value

Annual Sales: $2.26 billion
Price / Sales: 1.68
Cash Flow: $4.41 per share
Price / Cash Flow: 2.25
Book Value: $0.71 per share
Price / Book: 13.99

Miscellaneous

Outstanding Shares: 380,781,000
Free Float: N/A
Market Cap: $3.78 billion
Optionable: Optionable
Beta: 3.00

Social Links

Key Executives

José Manuel Ferreira Neves
Co-Chairman & Chief Executive Officer
Andrew Robb
Chief Operating Officer
Elliot Gilbert Jordan
Chief Financial Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FTCH Stock - Frequently Asked Questions

Should I buy or sell Farfetch stock right now?: 16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Farfetch in the last twelve months. There are currently 5 hold ratings and 11 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" FTCH shares.
View FTCH analyst ratings or view top-rated stocks.
What is Farfetch's stock price forecast for 2022?: 16 brokers have issued 1 year price objectives for Farfetch's stock. Their FTCH share price forecasts range from $8.00 to $68.00. On average, they expect the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 111.5% from the stock's current price.
View analysts price targets for FTCH or view top-rated stocks among Wall Street analysts.
How have FTCH shares performed in 2022?: Farfetch's stock was trading at $33.43 at the start of the year. Since then, FTCH stock has decreased by 70.3% and is now trading at $9.93.
View the best growth stocks for 2022 here.
When is Farfetch's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, August 25th 2022.
View our FTCH earnings forecast.
How can I listen to Farfetch's earnings call?: Farfetch will be holding an earnings conference call on Thursday, August 25th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link.
How were Farfetch's earnings last quarter?: Farfetch Ltd (NYSE:FTCH) posted its quarterly earnings results on Thursday, May, 26th. The company reported ($0.37) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.35) by $0.02. The company earned $514.80 million during the quarter, compared to analysts' expectations of $560.27 million. Farfetch had a trailing twelve-month return on equity of 1,826.57% and a net margin of 73.70%. The business's quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.28) EPS.
What is José Neves' approval rating as Farfetch's CEO?: 342 employees have rated Farfetch Chief Executive Officer José Neves on Glassdoor.com. José Neves has an approval rating of 96% among the company's employees. This puts José Neves in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
What other stocks do shareholders of Farfetch own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Farfetch investors own include NVIDIA (NVDA), Advanced Micro Devices (AMD), PayPal (PYPL), Block (SQ), Walt Disney (DIS), Netflix (NFLX), Tesla (TSLA), Alibaba Group (BABA), Intel (INTC) and JD.com (JD).

When did Farfetch IPO?: (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.
What is Farfetch's stock symbol?: Farfetch trades on the New York Stock Exchange (NYSE) under the ticker symbol "FTCH."
Who are Farfetch's major shareholders?: Farfetch's stock is owned by a variety of institutional and retail investors. Top institutional investors include Baillie Gifford & Co. (9.15%), Franklin Resources Inc. (2.19%), Martin Currie Ltd. (1.08%), Healthcare of Ontario Pension Plan Trust Fund (0.71%), FMR LLC (0.52%) and Stephens Investment Management Group LLC (0.51%).
How do I buy shares of Farfetch?: Shares of FTCH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Farfetch's stock price today?: One share of FTCH stock can currently be purchased for approximately $9.93.
How much money does Farfetch make?: Farfetch (NYSE:FTCH) has a market capitalization of $3.78 billion and generates $2.26 billion in revenue each year. The company earns $1.47 billion in net income (profit) each year or ($1.16) on an earnings per share basis.
How many employees does Farfetch have?: The company employs 6,464 workers across the globe.
Does Farfetch have any subsidiaries?: The following companies are subsidiares of Farfetch: APA S.r.l., Alanui S.r.l., Beijing Qizhi Ruisi Information Consulting Co., Browns, Browns (South Molton Street) Limited, County S.r.l, CuriosityChina, F&C Fashion Concierge LDA, FFBR importacao e exportacao LTDA, Farfetch (Shanghai) E-Commerce Co. Ltd, Farfetch Australia Pty Ltd, Farfetch Black & White Limited, Farfetch China (HK Holdings) Limited, Farfetch Finance Limited, Farfetch HK Holdings Limited, Farfetch HK Production Limited, Farfetch India Private Limited, Farfetch International Limited, Farfetch Italia S.R.L., Farfetch Japan Co. Ltd, Farfetch Middle East FZE, Farfetch México S.A. de C.V., Farfetch Portugal-Unipessoal LDA, Farfetch RU LLC, Farfetch Store of the Future Limited, Farfetch UK FINCO Limited, Farfetch UK Limited, Farfetch US Holdings INC, Farfetch-Portugal Unipessoal LDA, Farfetch.com Brasil Servicos LTDA, Farfetch.com Limited, Farfetch.com Ltd, Farfetch.com US LLC, Farftech US Holdings INC, Fashion Concierge HK Limited, Fashion Concierge Powered By Farfetch LLC, Fashion Concierge UK Limited, Heron Preston S.r.l., Heron Preston Trademark S.r.l., Hulk Finco plc, KPG S.R.L., Kicks Lite LLC, LASO.CO.LTD, New Guards Group, New Guards Group Holding S.p.A, Off White Operating Holding Corp., Off White Operating London Limited, Off White Operating Los Angeles LLC, Off White Operating Miami LLC, Off White Operating Soho LLC, Off White Operating Vegas LLC, Off-White Operating Milano S.r.l., Off-White Operating Paris S.à r.l., Off-White Operating S.r.l., SGNY1 LLC, Stadium Enterprises LLC, Stadium Goods, Style.com, Unravel Project S.r.l., Venice S.r.l., and Yankee Merger Sub LLC.
Read More
When was Farfetch founded?: Farfetch was founded in 2007.
How can I contact Farfetch?: Farfetch's mailing address is 211 OLD STREET THE BOWER 4TH FLOOR, LONDON X0, EC1V 9NR. The official website for the company is www.farfetchinvestors.com. The company can be reached via phone at 44-20-7549-5400 or via email at ir@farfetch.com.

This page (NYSE:FTCH) was last updated on 8/15/2022 by MarketBeat.com Staff

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Farfetch - FTCH Stock Forecast, Price & News

Farfetch MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month