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.

W has been the subject of a number of recent research reports. Wedbush restated an “outperform” rating on shares of Wayfair in a research report on Wednesday, December 27th. Moffett Nathanson initiated coverage on Wayfair in a research report on Monday, December 4th. They set a “buy” rating for the company. Bank of America downgraded Wayfair from a “buy” rating to a “neutral” rating and set a $88.00 target price for the company. in a research report on Wednesday, January 3rd. MKM Partners set a $107.00 target price on Wayfair and gave the stock a “buy” rating in a research report on Wednesday, January 24th. Finally, Piper Jaffray Companies restated a “buy” rating and set a $89.00 target price on shares of Wayfair in a research report on Wednesday, December 13th. Fourteen equities research analysts have rated the stock with a hold rating and twelve have given a buy rating to the company. Wayfair currently has an average rating of “Hold” and an average price target of $80.11.

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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.

Earnings History for Wayfair (NYSE:W)

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