After finishing at $16.62 in the prior trading day, Chewy Inc (NYSE: CHWY) closed at $15.42, down -7.22%. In other words, the price has decreased by -$1.20 from its previous closing price. On the day, 19091611 shares were traded.
Ratios:
Our goal is to gain a better understanding of CHWY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5.87 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.43. For the most recent quarter (mrq), Quick Ratio is recorded 0.66 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 1.03.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on March 19, 2024, initiated with a Neutral rating and assigned the stock a target price of $18.
On January 11, 2024, Barclays Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $19 to $30.
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 Mar 04 ’24 when Bowman Stacy sold 604 shares for $17.79 per share. The transaction valued at 10,748 led to the insider holds 219,631 shares of the business.
Singh Sumit sold 527 shares of CHWY for $9,378 on Mar 04 ’24. The Chief Executive Officer now owns 109,759 shares after completing the transaction at $17.79 per share. On Feb 02 ’24, another insider, Singh Sumit, who serves as the Chief Executive Officer of the company, sold 192,642 shares for $17.70 each. As a result, the insider received 3,409,763 and left with 1,307,025 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CHWY now has a Market Capitalization of 7.23B and an Enterprise Value of 6.62B. As of this moment, Chewy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 168.89, and their Forward P/E ratio for the next fiscal year is 59.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 13.05. Its current Enterprise Value per Revenue stands at 0.59 whereas that against EBITDA is 41.00.
Stock Price History:
Over the past 52 weeks, CHWY has reached a high of $40.78, while it has fallen to a 52-week low of $15.65. The 50-Day Moving Average of the stock is 17.66, while the 200-Day Moving Average is calculated to be 23.57.
Shares Statistics:
The stock has traded on average 8.78M shares per day over the past 3-months and 12.82M shares per day over the last 10 days, according to various share statistics. A total of 132.91M shares are outstanding, with a floating share count of 128.49M. Insiders hold about 70.24% of the company’s shares, while institutions hold 23.87% stake in the company. Shares short for CHWY as of Feb 29, 2024 were 19.8M with a Short Ratio of 2.26, compared to 20.54M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 4.59% and a Short% of Float of 24.23%.
Earnings Estimates
Its stock is currently analyzed by 14 different market analysts. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.19 and a low estimate of -$0.02, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.01, with high estimates of $0.06 and low estimates of -$0.05.
Analysts are recommending an EPS of between $0.33 and -$0.12 for the fiscal current year, implying an average EPS of $0.14. EPS for the following year is $0.36, with 15 analysts recommending between $1.04 and -$0.1.
Revenue Estimates
A total of 28 analysts have provided revenue estimates for CHWY’s current fiscal year. The highest revenue estimate was $12.48B, while the lowest revenue estimate was $11.44B, resulting in an average revenue estimate of $11.78B. In the same quarter a year ago, actual revenue was $11.15B, up 5.70% from the average estimate. Based on 25 analysts’ estimates, the company’s revenue will be $12.42B in the next fiscal year. The high estimate is $13.43B and the low estimate is $11.68B. The average revenue growth estimate for next year is up 5.40% from the average revenue estimate for this year.
