Wayfair Jumps After Layoffs Announced

Wayfair rose 10.2% during the morning session to $42.86 per share. As reported by Barrons: "Wayfair Stock Takes Off as Online Retailer Discloses More Layoffs" You can read more about it here. For those of you thinking about investing in the stock, here is a brief look at the company's fundamentals.

Here's an overview of Wayfair's recent cash flows and operating margins:

Date Reported Cash Flow from Operations ($ MM) Capital expenditures ($ MM) Free Cash Flow ($ MM) YoY Growth (%)
2021-12-31 410 -280 130 -87.99
2020-12-31 1,417 -334 1,082 281.08
2019-12-31 -197 -401 -598 n/a
Date Reported Revenue ($ MM) Cost of Revenue ($ MM) Gross Margins (%) YoY Growth (%)
2021-12-31 13,708 9,813 28.41 -2.27
2020-12-31 14,145 10,033 29.07 23.54
2019-12-31 9,127 6,980 23.53 n/a
Date Reported Total Revenue ($ MM) Operating Expenses ($ MM) Operating Margins (%) YoY Growth (%)
2021-12-31 13,708 3,977 -0.6 -123.53
2020-12-31 14,145 3,752 2.55 125.02
2019-12-31 9,127 3,077 -10.19 n/a

At today's price of $42.86 per share, Wayfair is -9.27% away from its target price of $47.24, and on average, analysts give the stock a rating of hold. 44.1% of the company's shares are linked to short positions, and 121.0% of the shares are owned by institutional investors.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.