A share price of Chewy Inc [CHWY] is currently trading at $35.96, up 6.17%. 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 5.67% over the last week, with a monthly amount glided 6.96%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Chewy Inc [NYSE: CHWY] stock has seen the most recent analyst activity on January 03, 2025, when Wolfe Research upgraded its rating to a Outperform. Previously, Exane BNP Paribas downgraded its rating to Neutral on December 05, 2024. On November 20, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $40 on the stock. Citigroup upgraded its rating to a Buy and increased its price target to $40 on November 08, 2024. TD Cowen started tracking with a Buy rating for this stock on October 09, 2024, and assigned it a price target of $38.
Chewy Inc experienced fluctuations in its stock price throughout the past year between $14.69 and $39.10. Currently, Wall Street analysts expect the stock to reach $34.13 within the next 12 months. Chewy Inc [NYSE: CHWY] shares were valued at $35.96 at the most recent close of the market. An investor can expect a potential drop of -5.09% based on the average CHWY price forecast.
Analyzing the CHWY fundamentals
Trailing Twelve Months sales for Chewy Inc [NYSE:CHWY] were 11.46B which represents 5.08% growth. 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 34.95 points at the first support level, and at 33.93 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.56, and for the 2nd resistance point, it is at 37.15.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Chewy Inc [NYSE:CHWY] is 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 1.36, the price to book ratio is 65.68 and price to earnings (TTM) ratio is 38.89.
Transactions by insiders
Recent insider trading involved Singh Sumit, Officer, that happened on Jan 03 ’25 when 0.19 million shares were purchased. Chief Executive Officer, Singh Sumit completed a deal on Dec 26 ’24 to sell 0.57 million shares. Meanwhile, Officer Singh Sumit bought 0.57 million shares on Dec 26 ’24.