|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||77.47 - 81.80|
|52-week range||36.93 - 100.14|
|PE ratio (TTM)||N/A|
|Earnings date||7 May 2018 - 11 May 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||87.40|
Amazon.com (AMZN) has made no secret of its desire to expand its empire to include furniture and home furnishings, which has led to reports in The Wall Street Journal and Forbes about its willingness to acquire Wayfair (W). Loop Capital Markets analyst Laura Champine says there is a "compelling strategic rationale" for the move, and that Amazon has the appetite for "sizable acquisitions." "We estimate acquiring Wayfair at a significant premium to current stock price levels would be EPS dilutive to Amazon, but certainly not enough to dissuade management given its long-term focus," Chapmine wrote. "While we do not believe a potential Amazon takeover is a compelling reason to buy Wayfair stock, we think the possibility of such a deal further supports our Buy rating." Amazon, which plunged into the grocery market with its $13 billion purchase of Whole Foods Market, could find a sweet spot in home furnishings: E-commerce penetration is only 9% of the $269 billion market.
There's a reason home goods is one of the fastest growing product categories of e-commerce. Wayfair CEO Niraj Shah tells us why the company is shifting away from brick and mortar to cater to millennials.
NEW YORK, March 06, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of ...
Etsy (ETSY) reported 4Q17 results on February 27, 2018. Revenue came in at $136.3 million, up 23.7% on a YoY (year-over-year) basis and $132.6 million above analyst estimates. Driven by strategic initiatives, management expects 2018 revenue to grow in the range of 21% to 23%, while GMS (gross merchandise sales) is expected to be up 14% to 16% on a YoY basis.
Online retailer Etsy (ETSY) posted its 4Q17 results on February 27, 2018, after the market close. The company’s revenue of $136.3 million and adjusted EPS (earnings per share) came in at $0.15 as against analysts’ estimate of $132.6 million and $0.09, respectively. Shares of Etsy jumped ~15% after the 4Q17 earnings announcement in the after-market session.
In a recent conference call, the home furnishings specialist talked about its rising costs and why management still sees a long runway for growth ahead.
After doubling since its IPO late last year, Roku is down big on this quarter’s earnings, and its plans from here on out aren’t inspiring much confidence.
In 4Q17, analysts expect Etsy (ETSY) to report revenue of $132.6 million, which would represent a 20.3% rise YoY (year-over-year), driven by its strategic initiatives. In 2017, Etsy expects its revenue to grow 18.0%–20.0%, while analysts expect it to grow 19.9%. Last year saw far-reaching changes for Etsy, primarily driven by a push from activist investors. The company replaced its CEO, Chad Dickerson, with Josh Silverman.
E-commerce retailer Etsy (ETSY) is scheduled to report its 4Q17 earnings on February 27, 2018. In 4Q17, analysts expect the company to report a strong YoY (year-over-year) improvement in its top and bottom lines. Etsy’s revenue is expected to rise 20.3% to $132.6 million in 4Q17, while its adjusted EPS (earnings per share) are projected to rise to $0.09 from -$0.19 in 4Q16. In 2017, Etsy undertook extensive measures such as cost cutting and revamping management, and is investing to better its digital platform to enhance its financial performance.
Markets moved higher this morning as the Federal Reserve’s latest statement on monetary policy was taken to ease worries about rising inflation and interest rates. The S&P 500 and the tech-heavy Nasdaq Composite were both up 0.9%, while the small-cap Russell 2000 index was barely changed. Bond yields tumbled, with the rate on the benchmark 10-year Treasury note falling 0.04 point to 2.87%.
Is online furniture retailer Wayfair building wisely for the future or going too far, too fast? For now, though, on the heels of fourth-quarter financial results reported before Thursday’s open, the bears are loudest: They’re up in Friday action, though still reeling from steep losses the day before. “Our long-term investing approach and customer-centric mentality continue to pay off,” CEO Niraj Shah said in a statement.
Wayfair stock fell after the online retailer reported fourth-quarter earnings after the market close Wednesday that raised concerns about profits.
Shares of Wayfair (W) were down more than 17% in early morning trading Thursday after the e-commerce company posted a wider-than-expected fourth-quarter loss. For investors who would rather focus on e-commerce stocks that have recently posted positive earnings surprises, there are plenty of options elsewhere.
Greg Melich, partner and senior retail analyst at MoffetNathanson, examines fourth-quarter results from Wayfair Inc. as the company expects higher costs to cut profit in the first quarter. He speaks with ...