Should You Go For This Mid Cap Stock-W

Acrobull UK Advisory Services Ltd.

November 11

2024

Name	Ticker	Sector/Industry	Market Cap	Risk Factor
Wayfair Inc.	W-NYSE	Consumer Cyclical	$4.869 Billion	Medium

Wayfair Inc. provides e-commerce business in the United States and internationally. The company offers approximately thirty million products for the home sector.

Recent Highlights

Oversold Conditions- The company has gone through massive turbulent times in recent weeks however the company roots remain strong and is expected to positive better financial results in the next financial quarter.

We expect the company to overcome recent challenges and return to the growth journey.

Third Quarter 2024 Financial Highlights

Wayfair Inc (NYSE:W) earned a mid-single-digit adjusted EBITDA margin for the second consecutive quarter, indicating cost discipline.

In the third quarter, the business reported significant year-over-year gains in adjusted EBITDA, equity-based compensation, and CapEx totaling about $100 million.

The company reported Adjusted EBITDA: $119 million, representing a 4.1% margin of net revenue.

The company reported Cash and Equivalents: $1.3 billion at the end of the quarter.

Stock Observation- The company stock earnings have been average, however since the stock belonged to consumer cyclical industry which is anticipated to growth faster. The RSI level for the stock is at 32 which shows oversold conditions.

Risk Involved- Financial performance of the company may have an impact on the company stock performance.

Considering all the factors and financials of the company Acrobull UK maintains Buy Rating for the stock.

Disclaimer- Though our research is fundamentally and technically based on Acrobull UK only provides general advice on the stocks and it is imperative for the investors to do the risk assessment for themselves before investing as Acrobull UK would not be liable for any loss or profit arising out through the investment made by the investors on our recommendations.

It is also advisable for the investors to consult with Financial Advisor, Broker or to seek any legal assistance as the research conducted by Acrobull UK is factually based and recommendations are given in accordance with that, but it is imperative to understand that Acrobull UK does not guarantee returns.

Acrobull UK Recommendation Based on Evaluation

Current Market Price	$38.85 USD
Acrobull Recommendation	Buy
Target Price	$44.65 USD
RSI Level	14 Day RSI 32
Total Shares Outstanding	99.63 Million
Shares held by Insiders Risk Factor Stop Loss	4.59% Medium 5%