Assessing Warby Parker: Insights From 5 Financial Analysts – Warby Parker (NYSE:WRBY)

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Warby Parker WRBY has been analyzed by 5 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.

The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 0 3 2 0 0
Last 30D 0 0 2 0 0
1M Ago 0 1 0 0 0
2M Ago 0 0 0 0 0
3M Ago 0 2 0 0 0

In the assessment of 12-month price targets, analysts unveil insights for Warby Parker, presenting an average target of $17.2, a high estimate of $19.00, and a low estimate of $14.00. Surpassing the previous average price target of $15.00, the current average has increased by 14.67%.

Understanding Analyst Ratings: A Comprehensive Breakdown

The standing of Warby Parker among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Mark Carden UBS Raises Neutral $15.00 $13.00
Kimberly Greenberger Morgan Stanley Raises Equal-Weight $14.00 $13.00
Dana Telsey Telsey Advisory Group Maintains Outperform $19.00 $19.00
Dana Telsey Telsey Advisory Group Maintains Outperform $19.00
Dana Telsey Telsey Advisory Group Maintains Outperform $19.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they ‘Maintain’, ‘Raise’ or ‘Lower’ their stance, it reflects their reaction to recent developments related to Warby Parker. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Gaining insights, analysts provide qualitative assessments, ranging from ‘Outperform’ to ‘Underperform’. These ratings reflect expectations for the relative performance of Warby Parker compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for Warby Parker’s future value. Comparing current and prior targets offers insights into analysts’ evolving expectations.

Analyzing these analyst evaluations alongside relevant financial metrics can provide a comprehensive view of Warby Parker’s market position. Stay informed and make data-driven decisions with the assistance of our Ratings Table.

Stay up to date on Warby Parker analyst ratings.

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Unveiling the Story Behind Warby Parker

Warby Parker Inc is engaged in designing and developing designer prescription glasses and contacts, and providing the facility of eye exams and vision tests. The company predominantly derives revenue from the sales of eyewear products, optical services, and accessories. The firm sells products and services through its stores, website, and mobile apps. Revenue generated from eyewear products includes the sales of prescription and non-prescription optical glasses and sunglasses, contact lenses, eyewear accessories, and expedited shipping charges.

Financial Milestones: Warby Parker’s Journey

Market Capitalization Analysis: Falling below industry benchmarks, the company’s market capitalization reflects a reduced size compared to peers. This positioning may be influenced by factors such as growth expectations or operational capacity.

Revenue Growth: Over the 3 months period, Warby Parker showcased positive performance, achieving a revenue growth rate of 10.49% as of 31 December, 2023. This reflects a substantial increase in the company’s top-line earnings. As compared to competitors, the company surpassed expectations with a growth rate higher than the average among peers in the Consumer Discretionary sector.

Net Margin: Warby Parker’s net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of -11.77%, the company may face hurdles in effective cost management.

Return on Equity (ROE): Warby Parker’s ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of -6.28%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): Warby Parker’s ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -3.3%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: Warby Parker’s debt-to-equity ratio is below the industry average. With a ratio of 0.58, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

What Are Analyst Ratings?

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish “analyst ratings” for stocks. Analysts typically rate each stock once per quarter.

Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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