Timing, Fundamentals, and Diversification of Chewy Inc. (CHWY)

Chewy Inc. (NYSE: CHWY) closed the day trading at $43.42 up 5.06% from the previous closing price of $41.33. In other words, the price has increased by $+2.09 from its previous closing price. On the day, 5063598 shares were traded. CHWY stock price reached its highest trading level at $44.37 during the session, while it also had its lowest trading level at $41.76.

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Ratios:

For a better understanding of CHWY, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

On November 15, 2022, MoffettNathanson started tracking the stock assigning a Market Perform rating and target price of $33.

On October 07, 2022, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $42.Oppenheimer initiated its Outperform rating on October 07, 2022, with a $42 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 13 when Marte Mario Jesus sold 39,289 shares for $43.81 per share. The transaction valued at 1,721,251 led to the insider holds 207,008 shares of the business.

Helfrick Susan sold 34,406 shares of CHWY for $1,403,834 on Dec 16. The General Counsel now owns 73,217 shares after completing the transaction at $40.80 per share. On Dec 15, another insider, Helfrick Susan, who serves as the General Counsel of the company, sold 19,662 shares for $40.48 each. As a result, the insider received 795,977 and left with 107,623 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 1.81 while its Price-to-Book (P/B) ratio in mrq is 111.33.

Stock Price History:

Over the past 52 weeks, CHWY has reached a high of $54.19, while it has fallen to a 52-week low of $22.22. The 50-Day Moving Average of the stock is 40.71, while the 200-Day Moving Average is calculated to be 37.09.

Shares Statistics:

Over the past 3-months, CHWY traded about 3.55M shares per day on average, while over the past 10 days, CHWY traded about 3.59M shares per day. A total of 422.90M shares are outstanding, with a floating share count of 90.01M. Insiders hold about 2.30% of the company’s shares, while institutions hold 99.60% stake in the company. Shares short for CHWY as of Oct 13, 2022 were 24.69M with a Short Ratio of 22.69M, compared to 21.19M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 5.84% and a Short% of Float of 41.39%.

Earnings Estimates

Current recommendations for the stock of the company come from 14 analysts. On average, analysts expect EPS of -$0.09 for the current quarter, with a high estimate of -$0.03 and a low estimate of -$0.14, while EPS last year was -$0.08. The consensus estimate for the next quarter is -$0.12, with high estimates of -$0.07 and low estimates of -$0.16.

Analysts are recommending an EPS of between -$0.05 and -$0.19 for the fiscal current year, implying an average EPS of -$0.12. EPS for the following year is $0.04, with 13 analysts recommending between $0.36 and -$0.12.

Revenue Estimates

A total of 24 analysts have provided revenue estimates for CHWY’s current fiscal year. The highest revenue estimate was $10.89B, while the lowest revenue estimate was $9.9B, resulting in an average revenue estimate of $9.99B. In the same quarter a year ago, actual revenue was $8.89B, up 12.40% from the average estimate. Based on 23 analysts’ estimates, the company’s revenue will be $11.15B in the next fiscal year. The high estimate is $11.64B and the low estimate is $10.55B. The average revenue growth estimate for next year is up 11.60% from the average revenue estimate for this year.