At the time of writing, Chewy Inc [CHWY] stock is trading at $31.87, down -2.06%. 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 2.57% over the last week, with a monthly amount drifted -3.31%, and not 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 December 05, 2024, when Exane BNP Paribas downgraded its rating to a Neutral. Previously, BofA Securities upgraded its rating to Buy on November 20, 2024, and elevated its price target to $40. On November 08, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $40 on the stock. TD Cowen initiated its recommendation with a Buy and recommended $38 as its price target on October 09, 2024. In a note dated August 21, 2024, Raymond James downgraded an Mkt Perform 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 $33.78 within the next 12 months. Chewy Inc [NYSE: CHWY] shares were valued at $31.87 at the most recent close of the market. An investor can expect a potential return of 5.99% based on the average CHWY price forecast.
Analyzing the CHWY fundamentals
According to Chewy Inc [NYSE:CHWY], the company’s sales were 11.46B for trailing twelve months, which represents an 5.08% jump. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.04%. To continue investigating profitability, this company’s Return on Assets is posted at 0.14, Equity is 0.87 and Total Capital is 0.16. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.29.
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 31.30 points at the first support level, and at 30.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.71, and for the 2nd resistance point, it is at 33.54.
Ratios To Look Out For
It is important to note that Chewy Inc [NYSE:CHWY] has a current ratio of 0.74. Further, the Quick Ratio stands at 0.35, while the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 1.14, the price to book ratio is 58.21 and price to earnings (TTM) ratio is 34.47.
Transactions by insiders
Recent insider trading involved Singh Sumit, Chief Executive Officer, that happened on Dec 02 ’24 when 46312.0 shares were sold. Chief Executive Officer, Singh Sumit completed a deal on Dec 02 ’24 to sell 4243.0 shares. Meanwhile, Chief Technology Officer Mehta Satish sold 8056.0 shares on Dec 02 ’24.
