Chewy Inc [CHWY] stock prices are down -2.10% to $31.71 at the moment. 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 3.39% over the last week, with a monthly amount glided 8.15%, 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.
The stock price of Chewy Inc [CHWY] has been fluctuating between $14.69 and $39.10 over the past year. Currently, Wall Street analysts expect the stock to reach $40.04 within the next 12 months. Chewy Inc [NYSE: CHWY] shares were valued at $31.71 at the most recent close of the market. An investor can expect a potential return of 26.27% based on the average CHWY price forecast.
Analyzing the CHWY fundamentals
The Chewy Inc [NYSE:CHWY] reported sales of 11.32B for trailing twelve months, representing a surge of 2.91%. Gross Profit Margin for this corporation currently stands at 0.29% 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.
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 31.27 points at the first support level, and at 30.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.42, and for the 2nd resistance point, it is at 33.12.
Ratios To Look Out For
It’s worth pointing out that Chewy Inc [NYSE:CHWY]’s Current Ratio is 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 1.12, the price to book ratio is 27.21 and price to earnings (TTM) ratio is 38.10.
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.
