At the time of writing, Chewy Inc [CHWY] stock is trading at $28.84, up 6.34%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CHWY shares have gain 7.61% over the last week, with a monthly amount drifted -0.62%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, TD Cowen started tracking the stock with Buy rating on October 09, 2024, and set its price target to $38. Raymond James downgraded its rating to a Mkt Perform. Wolfe Research initiated its recommendation with a Peer Perform. Argus downgraded its rating to Hold for this stock on July 09, 2024. In a note dated March 19, 2024, Mizuho initiated an Neutral rating and provided a target price of $18 on this stock.
For the past year, the stock price of Chewy Inc fluctuated between $14.69 and $39.10. Currently, Wall Street analysts expect the stock to reach $40.04 within the next 12 months. Chewy Inc [NYSE: CHWY] shares were valued at $28.84 at the most recent close of the market. An investor can expect a potential return of 38.83% based on the average CHWY price forecast.
Analyzing the CHWY fundamentals
According to Chewy Inc [NYSE:CHWY], the company’s sales were 11.32B for trailing twelve months, which represents an 2.91% jump. Gross Profit Margin for this corporation currently stands at 0.28% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 0.72 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.25 points at the first support level, and at 27.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.54, and for the 2nd resistance point, it is at 30.24.
Ratios To Look Out For
It is important to note that Chewy Inc [NYSE:CHWY] has a current ratio of 0.85. As well, the Quick Ratio is 0.46, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 1.04, the price to book ratio is 24.74 and price to earnings (TTM) ratio is 34.66.
Transactions by insiders
Recent insider trading involved Argos Holdings GP LLC, 10% Owner, that happened on Oct 15 ’24 when 1.25 million shares were sold. 10% Owner, Argos Holdings GP LLC completed a deal on Sep 23 ’24 to sell 26.87 million shares. Meanwhile, Former Officer Bowman Stacy bought 20921.0 shares on Sep 11 ’24.
