|Bid||115.10 x 800|
|Ask||131.00 x 900|
|Day's Range||120.99 - 125.88|
|52 Week Range||55.33 - 151.20|
|Beta (3Y Monthly)||2.16|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 1, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||129.52|
Wayfair Inc. , one of the world’s largest online destinations for the home, today announced the launch of MyWay, a new membership program that makes shopping for home easier and more affordable than ever.
Etsy (ETSY) is a fast-growing online retailer. The company started as a seller of craft and vintage items, but over the years, it added several other categories to its online platform. However, its strength in vintage craft and goods is its main driving force. Having the first mover’s advantage, the company has fended off competition from Amazon’s Handmade service. Also, relatively low seller fees are an added advantage.
There has been just one price revision for Etsy (ETSY) in the last 30 days. On October 2, Keybanc raised the price target to $59.00 from $51.00 earlier. Currently, Etsy’s mean target price is $51.00, which indicates a 30.8% upside to the stock price on October 11.
Wayfair Inc. (NYSE:W), one of the world’s largest online destinations for the home, today announced the launch of Wayfair Spaces, an interior design and room planning app that invites consumers to explore professionally designed rooms and visualize products in their homes at scale through mixed reality. Available on Magic Leap One, Creator Edition, Wayfair Spaces is powered by Magic Leap’s spatial computing platform and will be unveiled on the keynote stage at Magic Leap’s first conference for creators and developers. Availability of Wayfair Spaces follows the launch of Wayfair’s commerce experience on the Helio web browser earlier this year.
After years of speculation, some mockery, and more than a little befuddlement, the Magic Leap augmented headset is arriving in the hands of developers and users -- and its first product is a somewhat janky piece of magic. The robot battling Dr. Grordbort's Invaders is the clearest vision of what Magic Leap's platform can do.
Wayfair Inc. (NYSE:W), one of the world’s largest online destinations for the home, will launch two holiday pop-up shops on November 1. With locations at the Natick Mall in Natick, Massachusetts and the Westfield Garden State Plaza in Paramus, New Jersey, Wayfair will invite shoppers to explore the unlimited possibilities in home enabled by its flagship e-commerce site. “We are bringing the Wayfair brand directly to shoppers in a completely new format this holiday season,” said Ed Macri, chief product and marketing officer, Wayfair.
Wayfair Inc. , one of the world’s largest online destinations for the home, today announced that it will release financial results for its third quarter ended September 30, 2018 before the opening of the market on November 1, 2018.
Wayfair Inc. (NYSE:W), one of the world’s largest online destinations for the home, marked the 10th anniversary of its multi-lingual European Operations Centre in Galway, Ireland with the announcement of plans to expand its workforce across the country. Through the launch of a virtual workforce to include more than 200 new jobs, Wayfair is reinforcing its longstanding commitment to the region. The company plans to add both virtual and office-based roles in Ireland as it scales its team to keep pace with the rapid growth of its e-commerce business in Europe.
Wayfair Inc. (NYSE:W), one of the world’s largest online destinations for the home, today unveiled Greyleigh, a new Wayfair-exclusive brand of furniture and décor delivering sophisticated, sought-after looks and exceptional quality at disruptive prices. With Greyleigh, for the first time ever, discerning shoppers can access the same artisan-inspired furnishings and décor found in high-end galleries and showrooms without the mark-up associated with specialty retailers. “With Greyleigh, we are offering our customers an unprecedented opportunity to furnish their homes in a highly coveted, aspirational style at an attainable price point.
The fading cryptocurrency craze and the underwhelming financial performance of the company’s retail division have kept investors worried. Cryptocurrencies have always been looked at with skepticism by regulatory authorities due to security risks. Overstock is looking to divest its online retail operations to become a blockchain-focused company along with its subsidiaries tZero and Medici Ventures.
Jim Cramer points to the action in retail stocks as a sign that the economic windfall from the U.S.-China trade spat won't affect U.S. consumers as much as people think.
Why are the analysts bullish? About 56.0% of the nine analysts covering Etsy (ETSY) stock recommended a “buy” as of September 13. Another 33% of analysts recommended “hold” on the stock, and the remaining 11% analysts rated it as a “sell.” Analysts are bullish for Etsy, as the company’s strategic efforts are heading in a positive direction. There have been two price changes for the stock in the last 30 days.
An online retailer of handcrafted goods, Etsy’s (ETSY) stock price has risen 147.2% this year to $50.55 on September 13. Etsy has held its ground despite Amazon’s entry into the crafts space. Among Etsy’s peers, Shopify (SHOP) is up 54.0% to $155.50 YTD (year-to-date) as of September 13, while Wayfair (W) is up 84.4% to $148.08.
Can Wayfair Stock Continue Its Momentum? Online retailer Wayfair (W) has been witnessing rising expenses as it expands its business operations, especially international expansion and enhancing brand awareness. In the second quarter, Wayfair hired 960 net new employees across its merchandising, technology, and marketing operations.
The company made investments to enhance its product offerings, raising brand visibility, logistics, and international expansion, all of which have added to its revenue growth. On a year-over-year basis, Wayfair reported revenue growth of 46.2% and 47.4%, respectively, in the first and second quarters. Although the US segment remains the largest contributor to the overall top line, the revenues from its international operations are quickly increasing.
Can Wayfair Stock Continue Its Momentum? There have been no changes to these analysts’ price targets in the last 30 days. Currently, the analysts’ 12-month average target price for Wayfair stock is $124.29, which reflects a 16.9% downside to its stock price on September 12.
Can Wayfair Stock Continue Its Momentum? Online furniture retailer Wayfair’s (W) stock price has risen 86.2% this year to $149.50 as of September 12. Strong sales numbers for the first half of the year, along with a tremendous growth opportunity in the online home goods market, is driving the stock. The company’s top line is being driven by growth in its US and international segments.
There’s a lot to like about online furniture retailer (W)(W), according to new research — but with the shares up some 78% in 2018, where do they go from here? “We’re bullish on Wayfair’s competitive dynamics, adjacent category potential, logistics initiatives, and international growth,” they wrote.
Wayfair , one of the world’s largest online destinations for the home, today announced that Niraj Shah, CEO, co-founder and co-chairman, will present at the Goldman Sachs 25th Annual Global Retailing Conference at The Plaza Hotel in New York City.
Wayfair , one of the world’s largest online destinations for the home, today announced that Steve Conine, co-founder and co-chairman, will present at the Citi 2018 Global Technology Conference.