Based on recent observations on September 19, 2023, there is a notable whale investor who has taken a negative stance on Wayfair (NYSE:W), a prominent e-commerce company. This can be seen from the identification of 22 unusual options trades, revealing that the sentiment among these high-value traders is divided, with 31% being bullish and 68% adopting a bearish outlook. Among these unique options, 17 are puts, amounting to a total value of $1,313,057, while 5 are calls, equating to a total value of $232,515.
Over the past three months, considering the volume and open interest of these contracts, the projected price target for Wayfair falls within the range of $25.0 to $80.0. Analyzing the volume and open interest of both calls and puts for all the whale trades executed by Wayfair within the strike price range of $25.0 to $80.0 in the previous 30 days, the following table showcases the data:
Wayfair Option Volume And Open Interest Over Last 30 Days
Most Significant Options Identified:
Symbol Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
W PUT SWEEP NEUTRAL 10/20/23 $70.00 $341.2K 2.2K 399
W PUT SWEEP BEARISH 10/20/23 $65.00 $215.6K 1.6K 434
W PUT SWEEP BEARISH 01/19/24 $65.00
It is important to note that the above information is based on the most recent data available as of September 19, 2023.
Wayfair Inc.
W
Neutral
Updated on: 30/09/2023
Weak 
DCF: Strong Buy 
Haverty Furniture Co. Stock Performance and Financial Outlook for September 19, 2023
W stock, belonging to a retail trade company called Haverty Furniture Co., had a mixed performance on September 19, 2023. The stock opened at $63.47, slightly lower than its previous close of $63.57. Throughout the day, it traded within a range of $62.14 to $64.42. The stock had a trading volume of 2,232,461 shares, which was lower than its average volume of 4,740,430 shares over the past three months. The market capitalization of the company stood at $8.2 billion.
In terms of earnings growth, the company experienced a significant decline of -896.87% in the previous year. However, it managed to rebound and achieved a positive earnings growth of +59.30% in the current year. Looking ahead, the company’s earnings growth is expected to decline by -38.00% over the next five years. This indicates a potential slowdown in the company’s profitability.
The revenue growth of Haverty Furniture Co. also faced challenges, with a decline of -10.87% in the previous year. This decline in revenue could be attributed to various factors, such as changing consumer preferences or increased competition in the retail industry.
The P/E ratio for the company is not available (NM), indicating that the company may have negative earnings. The price/sales ratio, which measures the value investors are willing to pay for each dollar of sales, stands at 0.29. This suggests that the stock may be undervalued relative to its sales.
Looking ahead, the next reporting date for the company is November 2, 2023. Analysts forecast an EPS (earnings per share) of -$0.76 for the current quarter. The company reported annual revenue of $12.2 billion in the previous year but incurred a loss of -$1.3 billion. The net profit margin for the company stood at -10.89%, indicating that the company’s profitability is still under pressure.
Haverty Furniture Co. operates in the retail trade sector, specifically in the specialty stores industry. The corporate headquarters of Haverty Furniture Co. is located in Boston, Massachusetts.
In conclusion, the performance of W stock on September 19, 2023, was mixed. While the stock opened slightly lower, it managed to stay within a moderate trading range. The company’s earnings and revenue growth faced challenges in the previous year, but it showed signs of improvement in the current year. However, the company’s profitability and net profit margin still need to be closely monitored. Investors should keep an eye on the upcoming reporting date to assess the company’s financial performance and future prospects.
Wayfair Incs Stock Performance on September 19, 2023: Positive Outlook and Potential Growth
On September 19, 2023, Wayfair Inc’s stock performance was closely watched by investors and analysts. According to data from CNN Money, the 28 analysts offering 12-month price forecasts for Wayfair Inc had a median target of $97.00, with a high estimate of $114.00 and a low estimate of $55.00. This median estimate represented a significant increase of +52.49% from the last recorded price of $63.61.
Furthermore, a consensus among 35 polled investment analysts was to buy stock in Wayfair Inc. This rating had remained steady since September, indicating a continued positive sentiment towards the company’s performance.
Wayfair Inc’s financial performance for the current quarter was also a significant factor in assessing its stock performance. The company reported earnings per share of -$0.76 and sales of $2.9 billion. These figures were crucial in determining investor sentiment and the overall outlook for the company.
Investors and analysts were eagerly awaiting the upcoming reporting date of November 02, when Wayfair Inc would release its financial results for the current quarter. This information would provide further insights into the company’s performance and potentially impact its stock performance.
Overall, with a positive consensus among investment analysts and a median target price indicating a substantial increase, Wayfair Inc’s stock performance on September 19, 2023, was viewed with optimism. However, it is important for investors to closely monitor the company’s financial results and any market developments that may impact its stock performance in the future.
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