Finance

Stocks News Update: Wayfair Inc. (NYSE:W), Comerica Incorporated (NYSE:CMA)

Wayfair Inc. (NYSE:W)

Wayfair Inc. engages in the e-commerce business. It offers bedroom, living room, kitchen and dining, home entertainment, home office, game room and bar, patio, hallway and entryway, and bathroom furniture. The Company operates under the Wayfair.com, Joss & Main, AllModern, DwellStudio, and Birch Lane brands. It offers products and services primarily in the United States. Wayfair LLC is headquartered in Boston, Massachusetts.

Wayfair Inc. (NYSE:W)’s Financial Overview

Wayfair Inc. (NYSE) declined -1.66% yesterday to close its trading session at $168.72. The company has 1 year Price Target of $155. Wayfair Inc. has 52-Week high of $172.79 and 52-Week Low of $60.53. The stock touched its 52-Week High on 172.79 and 52-Week Low on 60.53. The stock traded with the volume of 2.48 Million shares yesterday. The firm shows the market capitalization of $15.2 Billion.

Wayfair Inc. (NYSE) reported its last quarterly earnings on 12/30/2018 where the firm reported its Actual EPS of $-1.12/share against the analyst consensus estimate of $-1.28/share. The difference between the actual and expected EPS is $0.16 a share with a surprise factor of 12.5%.

The firm is trading with SMA20 of 13.27 Percent, SMA50 of 39.87 Percent and SMA200 of 45.21 percent. Wayfair Inc. has P/S value of 2.24 while its P/B value stands at 0. Similarly, the company has Return on Assets of -35.3 percent, Return on Equity of 208.8 percent and Return on Investment of -80.4 Percent. The company shows Gross Margin and Operating Margin of 19.6 percent and -7 percent respectively.

The Stock currently has Analyst’ mean Recommendation of 2.4 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 22 analysts offering 12-month price forecasts for Wayfair Inc have a median target of 157.50, with a high estimate of 195.00 and a low estimate of 60.00. The median estimate represents a -6.65% decrease from the last price of 168.72.

Wayfair Inc. is estimated to report earnings on 05/01/2019. The upcoming earnings date is derived from an algorithm based on a company’s historical reporting dates.Our vendor, Zacks Investment Research, might revise this date in the future, once the company announces the actual earnings date. According to Zacks Investment Research, based on 5 analysts’ forecasts, the consensus EPS forecast for the quarter is $-2.13. The reported EPS for the same quarter last year was $-1.22.

Comerica Incorporated (NYSE:CMA)

Comerica Incorporated is a financial services company headquartered in Dallas, Texas, & strategically aligned by three business segments: The Business Bank, The Retail Bank, and Wealth Management. Comerica focuses on relationships, and helping people & businesses be successful.

Comerica Incorporated (NYSE:CMA)’s Financial Outlook

The 26 analysts offering 12-month price forecasts for Comerica Inc have a median target of 88.50, with a high estimate of 108.00 and a low estimate of 78.00. The median estimate represents a +7.35% increase from the last price of 82.44.

Comerica Incorporated is expected* to report earnings on 04/16/2019 before market open. The report will be for the fiscal Quarter ending Mar 2019. According to Zacks Investment Research, based on 11 analysts’ forecasts, the consensus EPS forecast for the quarter is $1.94. The reported EPS for the same quarter last year was $1.54.

According to Zacks Investment Research, Comerica Incorporated has a Consensus Recommendation of 2.31. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock surged 0.26% and closed its last trading session at $82.44. The company has the market capitalization of $13 Billion. The stock has 52-week high of $101.05 and 52-Week low of $63.69. The firm touched its 52-Week high on 101.49 and 52-Week low on 63.69. The company has volume of 2.04 Million shares. The company has a total of 157.72 Million shares outstanding.

Comerica Incorporated (NYSE) in the last quarter reported its actual EPS of $1.88/share where the analyst estimated EPS was $1.87/share. The difference between the actual and Estimated EPS is $0.01. This shows a surprise factor of 0.5 percent.

The company has YTD performance of 20.02 percent. Beta for Comerica Incorporated stands at 1.48 while its ATR (average true range) is 1.73. The company has Weekly Volatility of 1.97%% and Monthly Volatility of 1.91%%.

Comerica Incorporated has distance from 20-day Simple Moving Average (SMA20) of -3.81%, Distance from 50-Day Simple Moving Average of 2.34 percent and Distance from 200-Day Simple Moving Average of -5.13%.

The Company currently has ROA (Return on Assets) of 1.7 percent, Return on Equity (ROE) of 15.6 Percent and Return on Investment (ROI) of 20.1% with Gross margin of 0 percent and Operating & Profit margin of 89.8% and 46.8% respectively.