Professional
Added to YB: 2024-03-13
Pitch date: 2024-03-12
W [bullish]
Wayfair Inc.
+54.46%
current return
Author Info
No bio for this author
Company Info
Wayfair Inc. engages in the e-commerce business in the United States and internationally. It offers online selections of furniture, décor, housewares, and home improvement products through its sites comprising Wayfair, Joss & Main, AllModern, Birch Lane, Perigold, and Wayfair Professional.
Market Cap
$13.3B
Pitch Price
$63.00
Price Target
100.00 (+3%)
Dividend
N/A
EV/EBITDA
68.30
P/E
-39.77
EV/Sales
1.30
Sector
Specialty Retail
Category
N/A
Wayfair Set to See Consistently Positive Adjusted Earnings as Cost Initiatives Pay Off
$W: PT of $100. 30M+ products, 20K suppliers in $800B+ market, but no moat. Adjusted earnings positive from cost cuts; 22M users, $540/user spend. Bears: high customer acq. costs, housing market risk. Limited 2024 EBITDA margin growth, sales dip. Katz: ROIC volatile, Very High Uncertainty, Standard Capital Allocation. ESG risks low. Expansion & B2B sales potential upsides. Reinvesting over dividends/share buybacks.
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