Wayfair Inc. (NYSE:W) to Post FY2025 Earnings of $13.98 Per Share, Truist Securiti Forecasts
Wayfair Inc. (NYSE:W) – Equities researchers at Truist Securiti issued their FY2025 earnings per share (EPS) estimates for shares of Wayfair in a report released on Monday, February 22nd. Truist Securiti analyst N. Khan expects that the company will post earnings per share of $13.98 for the year.
Several other equities research analysts have also recently weighed in on W. Gordon Haskett downgraded shares of Wayfair from a “buy” rating to a “neutral” rating and set a $300.00 price objective on the stock. in a research note on Thursday, January 28th. Morgan Stanley raised their price objective on Wayfair from $225.00 to $270.00 and gave the stock an “underweight” rating in a research report on Wednesday, January 20th. Smith Barney Citigroup raised their price target on Wayfair from $225.00 to $230.00 in a report on Thursday, November 5th. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell increased their price objective on shares of Wayfair from $225.00 to $230.00 in a research report on Thursday, November 5th. Finally, Robert W. Baird cut their price target on shares of Wayfair from $315.00 to $305.00 in a research note on Tuesday, November 3rd. Five research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and fifteen have issued a buy rating to the company’s stock. Wayfair presently has an average rating of “Hold” and an average price target of $271.31.
In other Wayfair news, insider Steven Conine sold 35,920 shares of the business’s stock in a transaction on Thursday, January 14th. The stock was sold at an average price of $349.81, for a total transaction of $12,565,175.20. Following the transaction, the insider now owns 69,840 shares of the company’s stock, valued at $24,430,730.40. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Edmond Macri sold 1,500 shares of the firm’s stock in a transaction on Tuesday, December 1st. The stock was sold at an average price of $254.99, for a total value of $382,485.00. The disclosure for this sale can be found here. Over the last quarter, insiders sold 98,994 shares of company stock worth $32,723,497. 30.86% of the stock is currently owned by insiders.
Several hedge funds and other institutional investors have recently made changes to their positions in W. Baillie Gifford & Co. grew its position in Wayfair by 2.1% in the fourth quarter. Baillie Gifford & Co. now owns 7,685,727 shares of the company’s stock worth $1,735,514,000 after acquiring an additional 160,495 shares during the period. First Trust Advisors LP raised its holdings in Wayfair by 782.1% in the 4th quarter. First Trust Advisors LP now owns 838,109 shares of the company’s stock valued at $189,253,000 after buying an additional 743,101 shares during the period. Renaissance Technologies LLC lifted its position in Wayfair by 36.9% in the fourth quarter. Renaissance Technologies LLC now owns 629,900 shares of the company’s stock valued at $142,238,000 after buying an additional 169,800 shares during the last quarter. Price T Rowe Associates Inc. MD increased its position in shares of Wayfair by 172.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 617,531 shares of the company’s stock valued at $139,445,000 after acquiring an additional 390,645 shares during the last quarter. Finally, Nuveen Asset Management LLC raised its stake in shares of Wayfair by 22.2% in the 4th quarter. Nuveen Asset Management LLC now owns 574,422 shares of the company’s stock valued at $129,710,000 after acquiring an additional 104,462 shares during the period. Institutional investors and hedge funds own 81.27% of the company’s stock.
Wayfair Company Profile
Wayfair Inc engages in the e-commerce business in the United States and internationally. It provides approximately eighteen million products for the home sector under various brands. The company offers selection of furniture, dÃ©cor, decorative accents, housewares, seasonal dÃ©cor, and other home goods through its sites, including Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold brands.
Recommended Story: How a Strangle Strategy is different from a Straddle Strategy
Receive News & Ratings for Wayfair Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wayfair and related companies with MarketBeat.com's FREE daily email newsletter.