Chewy Inc [CHWY] stock prices are up 3.09% to $37.07 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CHWY shares have gain 8.81% over the last week, with a monthly amount glided 10.76%, 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 06, 2025, when Mizuho upgraded its rating to a Outperform and also boosted its price target to $42 from $24. Previously, Wolfe Research upgraded its rating to Outperform on January 03, 2025. On December 05, 2024, downgrade downgraded it’s rating to Neutral. BofA Securities upgraded its rating to a Buy and increased its price target to $40 on November 20, 2024. Citigroup upgraded its rating to a Buy and raised its price target to $40 on November 08, 2024. In a note dated October 09, 2024, TD Cowen initiated an Buy rating and provided a target price of $38 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 $34.13 within the next 12 months. Chewy Inc [NYSE: CHWY] shares were valued at $37.07 at the most recent close of the market. An investor can expect a potential drop of -7.93% based on the average CHWY price forecast.
Analyzing the CHWY fundamentals
The Chewy Inc [NYSE:CHWY] reported sales of 11.46B for trailing twelve months, representing a surge of 5.08%. 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 36.39 points at the first support level, and at 35.72 for the second support level. However, for the 1st resistance point, the stock is sitting at 37.80, and for the 2nd resistance point, it is at 38.54.
Ratios To Look Out For
It’s worth pointing out that Chewy Inc [NYSE:CHWY]’s Current Ratio is 0.74. Also, the Quick Ratio is 0.35, while the Cash Ratio stands at 0.23. Considering the valuation of this stock, the price to sales ratio is 1.40, the price to book ratio is 67.70 and price to earnings (TTM) ratio is 40.09.
Transactions by insiders
Recent insider trading involved Buddy Chester Sub LLC, 10% Owner, that happened on Jan 06 ’25 when 7.0 million shares were purchased. Officer, Singh Sumit completed a deal on Jan 06 ’25 to buy 63187.0 shares. Meanwhile, Officer Singh Sumit bought 0.19 million shares on Jan 03 ’25.
