Stocks of Warby Parker Inc (NYSE:WRBY) traded higher last session on Wall Street, up 6.62% to $19.00.
WRBY stock price is now -22.53% away from the 50-day moving average and -1.97% away from the 200-day moving average. The market capitalization of the company currently stands at $2.30B.
With the price target enhanced from $28 to $30, Telsey Advisory Group maintained Outperform rating for Warby Parker Inc (NYSE: WRBY). On February 25, 2025, ROTH MKM recently initiated its ‘Neutral’ rating on the stock quoting a target price of $26, while ‘Citigroup’ rates the stock as ‘Sell’
In other news, Miller Steven Clive, Chief Financial Officer sold 11,684 shares of the company’s stock on Mar 04 ’25. The stock was sold for $274,808 at an average price of $23.52. Upon completion of the transaction, the Chief Financial Officer now directly owns 204,727 shares in the company, valued at $3.89 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’25, Co-Chief Executive Officer Gilboa David Abraham sold 202,968 shares of the business’s stock. A total of $4,772,513 was realized by selling the stock at an average price of $23.51. This leaves the insider owning 24,089 shares of the company worth $0.46 million. A total of 25.38% of the company’s stock is owned by insiders.
During the past 12 months, Warby Parker Inc has had a low of $11.46 and a high of $28.68. As of last week, the company has a debt-to-equity ratio of 0.66, a current ratio of 2.50, and a quick ratio of 2.10. The fifty day moving average price for WRBY is $24.525 and a two-hundred day moving average price translates $19.3823 for the stock.
The latest earnings results from Warby Parker Inc (NYSE: WRBY) was released for 2024-12-31. The net profit margin was -2.64% and return on equity was -6.35% for WRBY. The company reported revenue of $190.64 million for the quarter, compared to $161.85 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 17.79 percent.
