Streetbeat News

Wayfair Inc.

https://www.wayfair.com

Industry

Specialty Retail

Wayfair Inc. engages in the e-commerce business in the United States and internationally. The company provides approximately thirty-three million products for the home sector under various brands. It offers online selections of furniture, décor, housewares, and home improvement products through its sites, including Wayfair, Joss & Main, AllModern, Birch Lane, and Perigold brands. The company was founded in 2002 and is headquartered in Boston, Massachusetts.

Open

40.09

Mkt cap

Volume

5.3M

High

42.07

P/E Ratio

-8.92

52-wk high

76.17

Low

39.34

Div yield

N/A

52-wk low

37.60

Mizuho analyst David Bellinger initiates coverage on Wayfair (NYSE:W) with a Buy rating and a price target of $72.

Portfolio Pulse from Benzinga Newsdesk

March 19, 2024 | 9:03 am

Today's session highlighted significant whale activity in the options market for 10 consumer discretionary stocks, indicating potential trading opportunities. The activity involved both bullish and bearish sentiments across various stocks, including notable companies like Tesla, Amazon, and Nike. The transactions, which ranged from put and call options, sweeps to trades, suggest diverse market expectations and strategies among large investors.

Portfolio Pulse from Benzinga Insights

March 14, 2024 | 5:35 pm

Wayfair's (NYSE:W) short percent of float has increased by 3.45% since the last report, reaching 35.4% of all shares available for trading. This indicates a bearish market sentiment towards Wayfair, as more traders are betting on the stock's decline. However, an increase in short interest can sometimes be bullish, suggesting potential for profit if the stock price increases. Wayfair's short interest is significantly higher than its peer group average of 11.64%.

Portfolio Pulse from Benzinga Insights

March 13, 2024 | 6:30 pm

Shares of furniture and home decor companies are trading higher following Williams-Sonoma's report of better-than-expected Q4 earnings, positively impacting related stocks such as RH and Wayfair (W).

Portfolio Pulse from Benzinga Newsdesk

March 13, 2024 | 4:27 pm

Notable insider sales were reported for Synaptics, Toll Brothers, Wayfair, and Snap, with executives selling shares at significant amounts. These sales come amidst various company developments, including executive resignations, new community openings, revenue reports, and repurchase transactions. Insider sales can indicate various strategic or personal reasons and should be considered as part of a broader investment decision-making process.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 1:26 pm

Today's session highlighted significant options activity for 10 consumer discretionary stocks, indicating potential trading opportunities based on whale alerts. These alerts track large transactions and divergences in market estimations of option values. Notable bullish, bearish, and neutral sentiments were observed across various stocks, including TSLA, NIO, CAVA, LULU, CVNA, NCLH, BABA, W, HAS, and ETSY, with details on trade types, expiration dates, and strike prices provided.

Portfolio Pulse from Benzinga Insights

March 04, 2024 | 5:35 pm

Today's session highlighted significant options activity in the Consumer Discretionary sector, with notable movements in stocks like TSLA, AMZN, JD, VFC, MBLY, MCD, LI, HD, PDD, and W. The activity ranged from bullish to bearish sentiments, with various expiration dates and strike prices, indicating diverse trading strategies and expectations from large investors or 'whales'.

Portfolio Pulse from Benzinga Insights

March 01, 2024 | 5:35 pm

Jim Cramer recommends buying Wayfair (W) and speaks positively about Bank of America (BAC), TransMedics Group (TMDX), and WESCO International (WCC). BAC reported a Q4 FY23 adjusted net income of $5.9 billion with an EPS of 70 cents, beating consensus. TMDX reported Q4 2023 revenue of $81.2 million, up 159% Y/Y. Wayfair reported a Q4 adjusted loss per share of 11 cents, narrower than expected. WESCO announced the sale of its WIS business for $350 million.

Portfolio Pulse from Avi Kapoor

February 29, 2024 | 1:48 pm

Today's session highlighted significant whale activity in the options market for 10 consumer discretionary stocks, indicating potential trading opportunities. Notable movements include bearish call options for TSLA and IRBT, bullish put options for AMZN, W, M, and QS, bullish call options for CZR and DASH, and neutral to bearish sentiment for RIVN and CVNA. These activities suggest varied investor expectations and could influence stock prices in the short term.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 5:35 pm

Benzinga's options scanner revealed significant activity in Wayfair's (NYSE:W) options market, indicating a mixed sentiment among big-money investors with 62% bullish and 37% bearish. The analysis of options trades for Wayfair showed a total of 8 uncommon trades, with a predicted price range for Wayfair's stock between $35.0 to $130.0 over the last 3 months. The current market standing of Wayfair shows a trading volume of 5,194,133, with the stock price down by -2.85%, reaching $52.5. Analysts have given mixed reviews, with an average price target of $76.2, but with some downgrades in ratings.

Portfolio Pulse from Benzinga Insights

February 23, 2024 | 8:31 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.