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Fly News Breaks for August 2, 2018
W
Aug 2, 2018 | 18:45 EDT
Baird analyst Colin Sebastian raised his price target on Wayfair to $118, saying its Q2 results reflect strong growth and market share gains thanks to accelerated sales from the company's Way Day promotions. The analyst further notes that Q3 margin decline outlook is the result of "significant headcount and capacity growth", and cites the management's expectations of Q4 operating leverage improvement. Sebastian also keeps his Neutral rating on Wayfair.
News For W From the Last 2 Days
W
Apr 24, 2024 | 13:26 EDT
Bullish option flow detected in Wayfair with 10,218 calls trading, 1.2x expected, and implied vol increasing almost 4 points to 81.40%. May-24 60 puts and Sep-24 60 calls are the most active options, with total volume in those strikes near 3,800 contracts. The Put/Call Ratio is 0.64. Earnings are expected on May 2nd.
W
Apr 24, 2024 | 07:31 EDT
TD Cowen raised the firm's price target on Wayfair to $55 from $50 and keeps a Hold rating on the shares. The firm said they expect the company to report revenue and EBITDA slightly below current consensus estimates when it reports earnings.