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Fly News Breaks for August 2, 2019
W
Aug 2, 2019 | 07:08 EDT
Canaccord analyst Maria Ripps said Wayfair delivered strong Q2 results as all KPI's outperformed her estimates and drove upside to both revenue and EBITDA. The analyst said Q3 guidance reflects a few near-term uncertainties around tariffs, which coupled with ongoing investments led to lower adjusted EBITDA guidance. Ripps said the current valuation remains reasonable and she reiterated her Buy rating and $175 price target on Wayfair shares.
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.