Roth MKM Keeps Their Hold Rating on Warby Parker (WRBY)
In a report released today, Matt Koranda from Roth MKM maintained a Hold rating on Warby Parker, with a price target of $24.00.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
According to TipRanks, Koranda is a 2-star analyst with an average return of 0.1% and a 39.29% success rate. Koranda covers the Consumer Cyclical sector, focusing on stocks such as Gentherm, RealReal, and Kits Eyecare.
Warby Parker has an analyst consensus of Moderate Buy, with a price target consensus of $28.00.
Based on Warby Parker’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $211.97 million and a GAAP net loss of $5.95 million. In comparison, last year the company earned a revenue of $190.64 million and had a GAAP net loss of $6.88 million
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of WRBY in relation to earlier this year. Last month, Jeffrey Jacob Raider, a Director at WRBY sold 25,000.00 shares for a total of $635,750.00.
Read More on WRBY:
