Farfetch Limited [NYSE: FTCH] loss -5.19% on the last trading session, reaching $2.19 price per share at the time. The company report on August 1, 2023 at 4:06 PM that FARFETCH Announces Appointment of Chief Financial Officer.
Tim Stone joins the company and will assume the CFO role effective September 1, 2023.
Brings more than two decades of experience in senior financial and CFO roles from Amazon.com, Inc., and Ford Motor Company.
Farfetch Limited represents 401.89 million in outstanding shares, while the company has a total market value of $808.96 million with the latest information. FTCH stock price has been found in the range of $2.1712 to $2.28.
If compared to the average trading volume of 14.84M shares, FTCH reached a trading volume of 11967221 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Farfetch Limited [FTCH]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FTCH shares is $6.21 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FTCH stock is a recommendation set at 2.60. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Morgan Stanley have made an estimate for Farfetch Limited shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on August 29, 2023.
The Average True Range (ATR) for Farfetch Limited is set at 0.24, with the Price to Sales ratio for FTCH stock in the period of the last 12 months amounting to 0.34. The Price to Book ratio for the last quarter was 1.90, with the Price to Cash per share for the same quarter was set at 1.23.
Trading performance analysis for FTCH stock
Farfetch Limited [FTCH] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -13.44. With this latest performance, FTCH shares dropped by -53.99% in over the last four-week period, additionally sinking by -52.60% over the last 6 months – not to mention a drop of -80.64% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FTCH stock in for the last two-week period is set at 21.88, with the RSI for the last a single of trading hit 18.47, and the three-weeks RSI is set at 25.93 for Farfetch Limited [FTCH]. The present Moving Average for the last 50 days of trading for this stock 4.32, while it was recorded at 2.34 for the last single week of trading, and 4.89 for the last 200 days.
Farfetch Limited [FTCH]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Farfetch Limited [FTCH] shares currently have an operating margin of -29.19 and a Gross Margin at +29.80. Farfetch Limited’s Net Margin is presently recorded at +15.51.
Return on Total Capital for FTCH is now -44.87, given the latest momentum, and Return on Invested Capital for the company is 27.59. Return on Equity for this stock inclined to 85.87, with Return on Assets sitting at 9.58. When it comes to the capital structure of this company, Farfetch Limited [FTCH] has a Total Debt to Total Equity ratio set at 148.08. Additionally, FTCH Total Debt to Total Capital is recorded at 59.69, with Total Debt to Total Assets ending up at 30.14. Long-Term Debt to Equity for the company is recorded at 143.13, with the Long-Term Debt to Total Capital now at 57.70.
Reflecting on the efficiency of the workforce at the company, Farfetch Limited [FTCH] managed to generate an average of $66,033 per employee. Receivables Turnover for the company is 5.18 with a Total Asset Turnover recorded at a value of 0.62.Farfetch Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.50.
An analysis of Institutional ownership at Farfetch Limited [FTCH]
The top three institutional holders of FTCH stocks are: VANGUARD GROUP INC with ownership of 1.31 billion shares, which is approximately 8.2089%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $170.67 trillion in FTCH stocks shares; and BERKSHIRE HATHAWAY INC, currently with $150.98 trillion in FTCH stock with ownership which is approximately 5.7381%.