Streetbeat News

W

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

38.94

Mkt cap

4.8B

Volume

3.3M

High

38.94

P/E Ratio

-8.49

52-wk high

76.17

Low

37.37

Div yield

N/A

52-wk low

37.37

The article highlights unusual options activity for 10 consumer discretionary stocks, providing insights into potential trading opportunities. The stocks mentioned include TSLA, EXPE, LVS, CMG, DUOL, HD, BABA, W, CVNA, and MCD, with varying sentiments and expiration dates.

Portfolio Pulse from Benzinga Insights

August 08, 2024 | 5:35 pm

Wayfair's (NYSE:W) short percent of float has risen 5.91% since its last report, with 21.82 million shares sold short, representing 32.25% of all regular shares available for trading. This increase in short interest suggests a bearish sentiment among investors.

Portfolio Pulse from Benzinga Insights

August 06, 2024 | 1:15 pm

Barclays analyst Adrienne Yih maintains an Equal-Weight rating on Wayfair (NYSE:W) but lowers the price target from $58 to $51.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 10:59 pm

Shares of retail companies are trading lower due to overall market weakness and concerns about a US economic slowdown, which could impact demand.

Portfolio Pulse from Benzinga Newsdesk

August 05, 2024 | 3:05 pm

JP Morgan analyst Christopher Horvers maintains an Overweight rating on Wayfair (NYSE:W) but lowers the price target from $80 to $63.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 9:46 pm

RBC Capital analyst Steven Shemesh maintains a Sector Perform rating on Wayfair (NYSE:W) but lowers the price target from $65 to $53.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 8:55 pm

Guggenheim analyst Steven Forbes maintains a Buy rating on Wayfair (NYSE:W) but lowers the price target from $80 to $70.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 7:31 pm

Deutsche Bank analyst Lee Horowitz maintains a Buy rating on Wayfair (NYSE:W) but lowers the price target from $87 to $70.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 6:24 pm

Wayfair Inc. (NYSE:W) shares are trading lower following disappointing second-quarter results. Analysts have lowered their price targets and revenue estimates for the company, citing cautious consumer spending and a challenging market. Despite short-term challenges, analysts see long-term potential for Wayfair due to its market share gains and cost efficiencies.

Portfolio Pulse from Nabaparna Bhattacharya

August 02, 2024 | 5:58 pm

Stifel analyst Mark Kelley maintains a Hold rating on Wayfair (NYSE:W) but lowers the price target from $56 to $55.

Portfolio Pulse from Benzinga Newsdesk

August 02, 2024 | 5:56 pm

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