Stifel Nicolaus analyst Scott Devitt maintained a Hold rating on Wayfair (NYSE:W) on Tuesday, setting a price target of $270, which is approximately 6.92% above the present share price of $252.52.
Devitt expects Wayfair to post earnings per share (EPS) of $1.26 for the fourth quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Moderate Buy rating of shares in Wayfair, with an average price target of $291.93.
The analysts price targets range from a high of $360 to a low of $195.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $3.86 billion and a net profit of $145.21 million. The company's market cap is $26.24 billion.
According to TipRanks.com, Stifel Nicolaus analyst Scott Devitt is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 31.4% and a 67.35% success rate.
Wayfair Inc . is an e-commerce company which engages in selling furniture and home decor goods worldwide. The company sells its products through wayfair.com and four other branded websites, namely – AllModern, Joss & Main, Birch Lane and Perigold.