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Fly News Breaks for February 14, 2019
W
Feb 14, 2019 | 10:13 EDT
Wedbush analyst Seth Basham said he "leans cautious" on Wayfair ahead of the company's earnings report next Friday, as he expects Q4 revenue growth to come in "modestly" ahead of consensus but predicts the company's Q1 direct retail revenue outlook "will likely be at best in line with consensus." While there have been signs of improving customer loyalty, the "costs do not clearly justify the benefits," contends Basham, who keeps a Neutral rating on Wayfair with a $100 price target.
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.