Telenav, Inc. (NASDAQ:TNAV) last session’s volume of 0.15 million shares was lower than its average volume of 0.16 million shares. The stock, after opening at $8.5, hit $8.65 through the close by scoring 2.37%.Telenav, Inc. (TNAV) Analyst Opinion
Telenav, Inc. has a consensus outperform rating from 5 Wall Street analysts, and the number of shares currently sold short amount to at least 1% of shares outstanding. The stock spiked 3.59% last month and is up 22.7 this year. Wall Street is only getting more bullish on the stock, with 4 of analysts who cover TNAV having a buy-equivalent rating. Analysts have placed a $13 price target on Telenav, Inc., suggesting a 50.29% gain from recent close. It’s currently trading about -14.78% below its 52-week high.Telenav, Inc. Earnings Surprise
Telenav, Inc. (TNAV) surprised the stock market in its last reported earnings when it earned -$0.07 a piece versus the consensus-estimated -$0.11. Its revenue totaled $51.37 million up 21.64% from the previous quarter. But expect lower sales in the current quarter. As per the consensus estimate, the company’s year-on-year revenue growth is expected to be at -18.22% during the period. Last year, it had about $46.28 million of revenue.
This stock (TNAV) is ahead of its 52-week low with 93.51%. Its last month’s stock price volatility remained 2.38% which for the week stands at 2.84%. The share price has moved forward from its 20 days moving average, trading at a distance of 1.53% and stays 2.09% away from its 50 days moving average. Over the last five days, shares have managed 1.76% gains and now is up 28.09% since hitting its 200-day moving average of $7.37. Telenav, Inc. (TNAV) has made its way to a 12-month gain of 59.89%.
Turning to Wayfair Inc. (NYSE:W), its shares were trading at $45.62 a retreat of $-0.06, on the trading floor. The stock, after opening at $45.73, touched a high of $46.2 before paring much of its gains. So far, analysts are sticking with their neutral recommendations with the consensus call at 2.4. Wayfair Inc. has 5 buy ratings, 11 holds and 0 sells even after the stock tumbled -7.54% from its high of $49.34 to a $3.94 billion market value through last close.Wayfair Inc. (W) Consensus Price Target
The company’s consensus rating on Reuter’s scale slipped from 2.33 to 2.3 during a month. Analysts set a 12-month price target of $42.6 a share. The target implies a -6.62% decrease from where the shares are currently trading. Also, the current price highlights a discount of 11.79% to analysts’ high consensus price target.Wayfair Inc. EPS Forecast
The earnings of Wayfair Inc. (W) are forecasted by the analysts to move at -$0.59 in current quarter, from -$0.36 a year-ago quarter. This quarter analysts say they expect sales to move at $934 million — higher from $747.35 million the year before.Wayfair Inc. (NYSE:W) Intraday Trading
The counter witnessed a trading volume of 1.44 million shares versus an average volume of 1.03 million shares during last trading session. Its last month’s stock price volatility remained 3.7% which for the week approaches 3.24%. The lowest price the stock reached in the last trading day was $44.35 and compares with the $27.6 52-week low. The stock recovered 65.29% since its low point and has performed 30.16% year-to-date.