Chewy Inc [CHWY] stock is trading at $36.32, up 0.30%. An important factor to consider is whether the stock is rising or falling in short-term value. The CHWY shares have gain 7.23% over the last week, with a monthly amount glided 17.58%, 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.
Chewy Inc [CHWY] stock has fluctuated 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 $36.32 at the most recent close of the market. An investor can expect a potential drop of -6.03% based on the average CHWY price forecast.
Analyzing the CHWY fundamentals
Chewy Inc [NYSE:CHWY] reported sales of 11.46B for the trailing twelve months, which represents a growth 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.29.
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 35.73 points at the first support level, and at 35.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 36.72, and for the 2nd resistance point, it is at 37.13.
Ratios To Look Out For
For context, Chewy Inc’s Current Ratio is 0.74. On the other hand, the Quick Ratio is 0.35, and the Cash Ratio is 0.23. Considering the valuation of this stock, the price to sales ratio is 1.30, the price to book ratio is 66.33 and price to earnings (TTM) ratio is 39.28.
Transactions by insiders
Recent insider trading involved Argos Holdings GP LLC, 10% Owner, that happened on Jan 06 ’25 when 7.0 million shares were sold. Chief Executive Officer, Singh Sumit completed a deal on Jan 06 ’25 to sell 63187.0 shares. Meanwhile, Chief Executive Officer Singh Sumit sold 0.19 million shares on Jan 03 ’25.
