Wayfair (NYSE:W) has received a short term rating of sell from experts at Zacks with a rank of 4. The stock has been rated an average of 2.19 by 16 Brokerage Firm. 6 Wall Street Firms have rated the stock as a strong buys. 1 stock experts have also suggested a buy rating. 9 Brokerage Firms have advised hold.
Other Equity analysts have also commented on the company shares. Longbow Research initiates coverage on Wayfair (NYSE:W) The current rating of the shares is Neutral. The rating by the firm was issued on June 16, 2016.
Wayfair (NYSE:W): 10 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $55.2 in Wayfair (NYSE:W). However, the stock price could fluctuate by $ 12.07 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $86 price target with the lower price estimate is calculated at $45
Wayfair (NYSE:W) rose 2.56% or 1.03 points on Tuesday and made its way into the gainers of the day. After trading began at $40.55 the stock was seen hitting $41.4 as a peak level and $39.78 as the lowest level. The stock ended up at $41.26. The daily volume was measured at 1,171,519 shares. The 52-week high of the share price is $56.84 and the 52-week low is $28.85. The company has a market cap of $3,495 million.
Shares of Wayfair Inc. rose by 11.24% in the last five trading days and 1.93% for the last 4 weeks. Wayfair Inc. is up 3.3% in the last 3-month period. Year-to-Date the stock performance stands at -13.36%.
Wayfair Inc. (Wayfair) is an online destination for the home. Through its e-commerce business model, the Company offers browsing, merchandising, product discovery and prices for over seven million products from over 7,000 suppliers across five brands: Wayfair.com, Joss & Main, AllModern, DwellStudio and Birch Lane. The Company offers a range of furniture, home furnishings, decor and goods. Wayfair.com is its flagship mass market brand that focuses on offering a range of home furnishings and decor. Joss & Main is the Companys online flash sales site. AllModern is an online destination for original design for home enthusiasts. DwellStudio is an online design studio for home furnishings. Birch Lane is a new destination for home designs. Wayfair also generates revenues online through its retail partners. Wayfair Media Solutions helps selected manufacturers, retailers and other advertisers market to its consumer audience.