• TickerFTCH
  • ISINKY30744W1070
  • ExchangeNew York Stock Exchange
  • SectorGeneral Retailers
  • CountryCayman Islands

An unfavourable environment weighs on FARFETCH LTD, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of FARFETCH LTD (US), active in the Internet industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date January 22, 2021, the closing price was USD 63.00 and its target price was estimated at USD 35.64.

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Jelena Sokolova

Morningstar | Farfetch Is Gaining Market Share in Fast-Growing Online Luxury Market

Farfetch is a leading global online distribution platform for personal luxury goods. It connects luxury buyers and sellers and offers a wide selection of products to consumers (3.9 million stock-keeping units at the end of 2017, or 10 times more than the next biggest peer, according to the company) without exposing itself to unsold inventory risk. While we believe Farfetch’s business model exhibits traces of a network advantage moat source, we are currently wary of assigning it a moat, given the early stages of industry development, the company’s small size and reach (3% share of the onlin...

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Jelena Sokolova

Morningstar | Farfetch Is Gaining Market Share in Fast-Growing Online Luxury Market

Farfetch is a leading global online distribution platform for personal luxury goods. It connects luxury buyers and sellers and offers a wide selection of products to consumers (3.9 million stock-keeping units at the end of 2017, or 10 times more than the next biggest peer, according to the company) without exposing itself to unsold inventory risk. While we believe Farfetch’s business model exhibits traces of a network advantage moat source, we are currently wary of assigning it a moat, given the early stages of industry development, the company’s small size and reach (3% share of the onlin...

Jelena Sokolova

Farfetch Is Gaining Market Share in Fast-Growing Online Luxury Market

We are maintaining our $17.10 fair value estimate for no-moat Farfetch after the company reported first-quarter results. Gross merchandise value increased 43%, continuing to grow faster than the online luxury market. Revenue increased 39% in the quarter with platform service revenue up 43% (we forecast around a 50% revenue increase for the year). Platform fulfillment revenue grew 23% as orders qualifying for free shipping increased, damping overall revenue growth. Active customer growth continu...

Jelena Sokolova

Morningstar | Farfetch Reports Continued Market Share Gains but Widening Losses Despite Leverage on G&A Costs

We are maintaining our $17.10 fair value estimate for no-moat Farfetch after the company reported first-quarter results. Gross merchandise value increased 43%, continuing to grow faster than the online luxury market. Revenue increased 39% in the quarter with platform service revenue up 43% (we forecast around a 50% revenue increase for the year). Platform fulfillment revenue grew 23% as orders qualifying for free shipping increased, damping overall revenue growth. Active customer growth continued to be very strong at 64%, bringing the total active customer number to 1.7 million. However, thi...

An unfavourable environment weighs on FARFETCH LTD, which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of FARFETCH LTD (US), active in the Internet industry. As regards its fundamental valuation, the title still shows 1 out of 4 stars and its market behaviour is seen as moderately risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date January 22, 2021, the closing price was USD 63.00 and its target price was estimated at USD 35.64.

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