At the time of writing, Chewy Inc [CHWY] stock is trading at $33.52, up 9.29%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The CHWY shares have gain 16.23% over the last week, with a monthly amount glided 15.19%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Chewy Inc [NYSE: CHWY] stock has seen the most recent analyst activity on November 08, 2024, when Citigroup upgraded its rating to a Buy and also boosted its price target to $40 from $28. On October 09, 2024, TD Cowen initiated with a Buy rating and assigned a price target of $38 on the stock. Raymond James downgraded its rating to a Mkt Perform. In a note dated July 09, 2024, Argus downgraded an Hold rating 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 $33.52 at the most recent close of the market. An investor can expect a potential return of 19.45% 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.13.
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 31.98 points at the first support level, and at 30.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 34.36, and for the 2nd resistance point, it is at 35.20.
Ratios To Look Out For
It is important to note that Chewy Inc [NYSE:CHWY] has a current ratio of 0.85. Further, the Quick Ratio stands at 0.46, while the Cash Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 1.20, the price to book ratio is 28.76 and price to earnings (TTM) ratio is 40.28.
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.
