With 1.58 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.86 million shares. The 52-week range on WRBY shows that it touched its highest point at $28.68 and its lowest point at $12.46 during that stretch. It currently has a 1-year price target of $22.14. Beta for the stock currently stands at 2.11.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WRBY was up-trending over the past week, with a rise of 1.94%, but this was up by 33.54% over a month. Three-month performance surged to 2.23% while six-month performance fell -5.56%. The stock gained 26.20% in the past year, while it has lost -10.86% so far this year. A look at the trailing 12-month EPS for WRBY yields -0.12 with Next year EPS estimates of 0.43. For the next quarter, that number is 0.08. This implies an EPS growth rate of 5.76% for this year and 33.66% for next year. EPS is expected to grow by 17.42% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 19.99%.
Float and Shares Shorts:
At present, 104.50 million WRBY shares are outstanding with a float of 98.26 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WRBY since 9 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.24594 being high and $0.22898 being low. For WRBY, this leads to a yearly average estimate of $0.23746. Based on analyst estimates, the high estimate for the next quarter is $0.14 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.07.
