Wayfair (W) to Release Earnings on Thursday
Wayfair (NYSE:W) is scheduled to be announcing its earnings results before the market opens on Thursday, February 22nd. Analysts expect the company to announce earnings of ($0.53) per share for the quarter.
Wayfair (NYSE:W) opened at $97.07 on Thursday. The company has a debt-to-equity ratio of 135.98, a current ratio of 1.19 and a quick ratio of 1.17. The company has a market capitalization of $8,530.00, a price-to-earnings ratio of -38.98 and a beta of 1.05. Wayfair has a one year low of $35.36 and a one year high of $98.20.
In related news, insider Steven Conine sold 2,000 shares of the company’s stock in a transaction dated Monday, January 29th. The stock was sold at an average price of $93.77, for a total value of $187,540.00. Following the completion of the sale, the insider now owns 34,894 shares in the company, valued at $3,272,010.38. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Edmond Macri sold 5,043 shares of the company’s stock in a transaction dated Friday, December 15th. The shares were sold at an average price of $76.50, for a total value of $385,789.50. Following the completion of the sale, the insider now owns 125,586 shares of the company’s stock, valued at approximately $9,607,329. The disclosure for this sale can be found here. Insiders sold 59,930 shares of company stock valued at $4,855,017 in the last quarter. 56.93% of the stock is currently owned by corporate insiders.
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Wayfair Company Profile
Wayfair Inc (Wayfair) offers browsing, merchandising and product discovery for a range of products from various suppliers. The Company operates through two segments: U.S. and International. The U.S. segment consists of amounts earned through product sales through the Company’s five sites in the United States and through sites operated by third parties in the United States.
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