Impact of Brokerage Rating on Wayfair Inc.(W)

Many Wayfair Inc.(W) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Wayfair Inc was Initiated by Credit Suisse to Neutral on Jan 11, 2017.

Company has reported several Insider transactions to the SEC, on Feb 10, 2017, John Champlin Mulliken (SVP, Strategic Initiatives) sold 575 shares at 42.49 per share price.On Feb 8, 2017, Nicholas Malone (Chief Administrative Officer) sold 1,000 shares at 42.55 per share price.On Feb 8, 2017, Edmond Macri (Chief Product/Marketing) sold 600 shares at 42.73 per share price.

Wayfair Inc Last issued its quarterly earnings results on Nov 8, 2016. The company reported $-0.54 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $-0.59. The company had revenue of $861.50 million for the quarter, compared to analysts expectations of $845.85 million. The companys revenue was up 45.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.13 EPS.

Wayfair Inc. (NYSE:W) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2.4 by 15 Brokerage Firm. 4 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 10 Brokerage Firms have advised hold.

Wayfair Inc. (NYSE:W): 9 analysts have set the short term price target of Wayfair Inc. (NYSE:W) at $39.67. The standard deviation of short term price target has been estimated at $4.18, implying that the actual price may fluctuate by this value. The higher and the lower price estimates are $ 47 and $33 respectively.

Wayfair Inc. (NYSE:W) witnessed a decline in the market cap on Tuesday as its shares dropped 1.69% or 0.71 points. After the session commenced at $42.01, the stock reached the higher end at $42.05 while it hit a low of $40.89. With the volume soaring to 763,374 shares, the last trade was called at $41.2. The company has a 52-week high of $49.34. The company has a market cap of $3,524 million and there are 85,542,127 shares in outstanding. The 52-week low of the share price is $27.6.

Wayfair Inc. engages in the e-commerce business. It offers bedroom, living room, kitchen and dining, home entertainment, home office, game room and bar, patio, hallway and entryway, and bathroom furniture. The Company operates under the Wayfair.com, Joss & Main, AllModern, DwellStudio, and Birch Lane brands. It offers products and services primarily in the United States. Wayfair LLC is headquartered in Boston, Massachusetts.

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