Cov neeg lag luam tau poob qis rau Farfetch - thawb nws cov shares poob ntau dua 35 feem pua Kev tswj hwm kev coj noj coj ua tau tshaj tawm nyob rau hauv nws cov Capital Markets Day Hnub Thursday - tab sis ntau tus kws tshuaj ntsuam tseem nyob twj ywm txawm tias cov khoom lag luam muaj txoj hauv kev nyuaj ua ntej.
Farfetch shares inched rov qab 5.2 feem pua rau $ 5.80 nyob rau hauv ib nrab hnub trading rau hnub Friday raws li cov kws tshuaj ntsuam tau lees paub lub tuam txhab nyob rau hauv ib tug nyuaj qhov chaw raws li nws sim muab Wall Street kev taw qhia rau nws yav tom ntej kev loj hlob.
Ntau dua los ntawm WWD
Ike Boruchow, tus kws tshuaj ntsuam ntawm Wells Fargo tau hais tias "Kev tswj hwm tau nyob rau hauv 'Catch-22' qhov xwm txheej. "Yog tias lawv tau npaj lub lag luam kom muaj tus lej muaj zog dua, cov tub ua lag luam yuav tau thawb rov qab rau qhov pheej hmoo ntawm cov lus qhia. Hloov chaw, lawv zoo li tau coj tus lej tiag tiag / kev saib xyuas - thiab kev ua lag luam tab tom ua qhov ntawm lawv qhov tsis muaj peev xwm loj hlob. "
Hauv nws thawj Hnub Peev Kev Lag Luam txij li mus rau pej xeem hauv 2018 - ntau lub neej dhau los tau muab COVID-19 thiab kev hloov pauv ntawm ob qho tib si zam thiab thev naus laus zis - Farfetch tau teeb tsa cov khoom lag luam tag nrho ntawm $ 10 nphom los ntawm 2025 nrog 10 feem pua ntawm cov nyiaj tau los hloov kho. ua ntej paj, se, depreciation thiab amortization.
Tab sis cov paj tau paj hauv kev lag luam, qhov twg Farfetch tau pib, tau teeb tsa li ntawm 5 feem pua, qis dua 20 feem pua ntawm cov paj tau pom hauv kev lag luam platform kev lag luam thiab cov khoom lag luam, uas suav nrog. Tawm Dawb lag luam, Xibtes Yaj thiab lwm tus neeg.
Kom meej meej qee cov tub ua lag luam tab tom nrhiav ntau dua los ntawm ob qho tib si kev lag luam thiab cov kev pabcuam platform thiab tsis muaj kev cia siab ntau rau cov lag luam muaj npe.
"Raws ib kauj ruam rov qab, peb pom qhov no yog kev tswj hwm 'ripping tawm Band-Aid' thiab rov pib qhov kev cia siab ntawm kev loj hlob, thaum tib lub sij hawm tso tawm ib txoj kev npaj ua rau muaj kev loj hlob zoo / kev xav tau txiaj ntsig," Boruchow hais. "Txhua yam hauv, peb tseem muaj kev txhawb siab rau zaj dab neeg, tab sis lees paub bulls yuav xav tau lub sijhawm ... Cov khoom lag luam tsuas yog nyob rau hauv qhov chaw tsis zoo thiab qhov kev cuam tshuam tiag tiag yog tsawg kawg 12 lub hlis."
Ashley Helgans, tus kws tshuaj ntsuam xyuas ntawm Jefferies, tau hais tias qhov poob ntawm cov khoom lag luam loj yog "mus rau qib loj raws li kev nkag siab tsis zoo" thiab cov kev taw qhia rau 2025 tuaj yeem suav tias yog "muaj kev txawj ntse heev."
Helgans tau sau tseg tias "Cov kev xav tsis zoo suav nrog cov macro tseem nyuaj thiab tsis muaj [Farfetch Platform Services] tshiab tau kos npe, txawm tias muaj cov kav dej muaj zog," Helgans tau sau tseg. "Nrog qhov hais tias, peb tseem ntseeg nyob rau hauv lub zeem muag mus ntev, tab sis txoj kev zoo nkaus li ntev ntawm lub sijhawm no thiab cov neeg tsav tsheb tseem ceeb tseem tsis tau nthuav tawm, ua rau muaj kev sib tw."
Farfetch tseem tab tom taug kev cov neeg siv khoom lag luam nrog ntau yam tsis paub.
Lauren Schenk ntawm Morgan Stanley tau hais tias: "Daim duab loj, kev ua lag luam thiab cov tub ua lag luam tam sim no pom tias nws nyuaj rau kev pom nyob rau hauv rau lub hlis tom ntej cia peb lub xyoos, tshwj xeeb tshaj yog rau kev lag luam uas tau plam nws cov txiaj ntsig nyiaj txiag ntau zaus xyoo no. Yog li, peb xav tias cov khoom lag luam yuav nyob qis dua qhov kev ntsuas ncaj ncees kom txog rau thaum muaj pov thawj Farfetch tuaj yeem xa tawm ntawm nws '23 lub hom phiaj, thaum lub sijhawm ua lag luam yuav pib muab cov nyiaj qiv rau qee qhov ntawm Farfetch's '25 lub hom phiaj. "
Txawm hais tias tau muab cov kev taw qhia kev saib xyuas, Schenk tau hais tias ib qho ntawm cov khoom lag luam muaj txiaj ntsig Farfetch ntawm $ 14 ib feem tsawg kawg.
Schenk tau hais tias "Peb tawm tsam kom pom qhov kev poob qis ntxiv los ntawm qhov no thiab yog li tseem hnyav dua," Schenk tau hais.
Tau qhov twg los: https://finance.yahoo.com/news/analysts-stick-farfetch-despite-stock-202029618.html