Warby Parker (WRBY) Stock Price, News & Analysis

Company Overview

Warby Parker Inc. provides eyewear products in the United States and Canada. The company offers eyeglasses, sunglasses, light-responsive lenses, blue-light-filtering lenses, non-prescription lenses, and contact lenses. It also provides accessories, such as cases, lenses kit with anti-fog spray, pouches, and anti-fog lens spray through its retail stores, website, and mobile apps. In addition, the company offers eye exams and vision tests. Warby Parker Inc. was incorporated in 2009 and is headquartered in New York, New York.

Key Stats

• Today's Range: $17.26 to $18.13
• 50-Day Range: $13.13 to $18.20
• 52-Week Range: $9.83 to $18.37
• Volume: 1.46 million shs
• Average Volume: 1.45 million shs
• Market Capitalization: $1.75 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $17.00
• Consensus Rating: Moderate Buy

Warby Parker Stock Analysis - MarketRank™

Warby Parker scored higher than 56% of companies evaluated by MarketBeat, and ranked 471st out of 999 stocks in the medical sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Warby Parker has received a consensus rating of Moderate Buy. The company's average rating score is 2.56, and is based on 5 buy ratings, 4 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Warby Parker has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 0.6 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Warby Parker are expected to grow in the coming year, from ($0.04) to $0.10 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Warby Parker is -44.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Warby Parker is -44.69, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Warby Parker has a P/B Ratio of 5.66. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

15.59% of the float of Warby Parker has been sold short.

Short Interest Ratio / Days to Cover

Warby Parker has a short interest ratio ("days to cover") of 8.6.

Change versus previous month

Short interest in Warby Parker has recently decreased by 3.67%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Warby Parker does not currently pay a dividend.

Dividend Growth

Warby Parker does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

15.59% of the float of Warby Parker has been sold short.

Short Interest Ratio / Days to Cover

Warby Parker has a short interest ratio ("days to cover") of 8.6.

Change versus previous month

Short interest in Warby Parker has recently decreased by 3.67%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.7 / 5
• News Sentiment: 0.67

News Sentiment

Warby Parker has a news sentiment score of 0.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.41 average news sentiment score of Medical companies.

News Coverage This Week

MarketBeat has tracked 16 news articles for Warby Parker this week, compared to 4 articles on an average week.

Search Interest

7 people have searched for WRBY on MarketBeat in the last 30 days.

MarketBeat Follows

6 people have added Warby Parker to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 5.0 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Warby Parker insiders have sold 106.14% more of their company's stock than they have bought. Specifically, they have bought $650,000.00 in company stock and sold $1,339,901.00 in company stock.

Percentage Held by Insiders

26.55% of the stock of Warby Parker is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

93.24% of the stock of Warby Parker is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WRBY Stock Analysis - Frequently Asked Questions

How have WRBY shares performed this year?

Warby Parker's stock was trading at $14.10 on January 1st, 2024. Since then, WRBY shares have increased by 23.6% and is now trading at $17.43.
View the best growth stocks for 2024 here.

How were Warby Parker's earnings last quarter?

Warby Parker Inc. (NYSE:WRBY) released its quarterly earnings data on Thursday, August, 8th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.01. The firm earned $188.22 million during the quarter, compared to analyst estimates of $186.89 million. Warby Parker had a negative trailing twelve-month return on equity of 11.09% and a negative net margin of 6.38%.

When did Warby Parker IPO?

Warby Parker (WRBY) raised $3.1 billion in an initial public offering on Wednesday, September 29th 2021. The company issued 77,741,942 shares at $40.00 per share.

Who are Warby Parker's major shareholders?

Warby Parker's top institutional shareholders include Zweig DiMenna Associates LLC (0.51%), Prentiss Smith & Co. Inc. (0.07%), NBC Securities Inc. (0.03%) and LVW Advisors LLC (0.02%). Insiders that own company stock include Durable Capital Partners Lp, D1 Capital Partners LP, Steven Clive Miller, David Abraham Gilboa, Neil Harris Blumenthal and Joel E Cutler.
View institutional ownership trends.

How do I buy shares of Warby Parker?

Shares of WRBY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Warby Parker own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Warby Parker investors own include Waste Connections (WCN), AUO (AUOTY), American Water Works (AWK), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 8/08/2024
• Today: 10/23/2024
• Next Earnings (Confirmed): 11/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Medical
• Industry: Ophthalmic goods
• Sub-Industry: Medical Equipment
• Current Symbol: NYSE:WRBY
• CUSIP: N/A
• CIK: 1504776
• Web: www.warbyparker.com
• Phone: 646-847-7215
• Fax: N/A
• Employees: 3,491
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $17.00
• High Stock Price Target: $20.00
• Low Stock Price Target: $14.00
• Potential Upside/Downside: -2.5%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.56
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($0.47)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-63,200,000.00
• Net Margins: -6.38%
• Pretax Margin: -6.28%
• Return on Equity: -11.09%
• Return on Assets: -5.87%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 2.55
• Quick Ratio: 2.11

Sales & Book Value

• Annual Sales: $719.93 million
• Price / Sales: 2.40
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.08 per share
• Price / Book: 5.66

Miscellaneous

• Outstanding Shares: 99,128,000
• Free Float: 73,933,000
• Market Cap: $1.73 billion
• Optionable: Optionable
• Beta: 1.82