Professional
Added to YB: 2024-05-22
Pitch date: 2024-05-16
W [bullish]
Wayfair Inc.
+41.23%
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
$68.90
Price Target
83.00 (-15%)
Dividend
N/A
EV/EBITDA
68.30
P/E
-39.77
EV/Sales
1.30
Sector
Specialty Retail
Category
growth
Wayfair Inc.: Upgrading to BUY, with a price target of $83
W: Upgrading to BUY with $83 PT. Q1 rev $2.73B, beat est $2.64B; adj EPS $0.32 vs ($1.13). Raising FY24 EPS est to $1.24 from $0.98, keeping FY25 at $2. Growth in online home purchases, orders & active users drive revenue. Risks: competition, costs, voting control.
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