Chewy Inc (CHWY) Stock Price Peaks at $17.19 During Trading

The closing price of Chewy Inc (NYSE: CHWY) was $16.56 for the day, down -0.06% from the previous closing price of $16.57. On the day, 9300344 shares were traded. CHWY stock price reached its highest trading level at $17.19 during the session, while it also had its lowest trading level at $15.98.

Ratios:

Our analysis of CHWY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 21.01. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 02 ’24 when Bowman Stacy sold 8,025 shares for $15.53 per share. The transaction valued at 124,609 led to the insider holds 243,769 shares of the business.

Singh Sumit sold 6,728 shares of CHWY for $104,470 on Apr 02 ’24. The Chief Executive Officer now owns 129,991 shares after completing the transaction at $15.53 per share. On Mar 04 ’24, another insider, Bowman Stacy, who serves as the Chief Accounting Officer of the company, sold 604 shares for $17.79 each. As a result, the insider received 10,748 and left with 219,631 shares of the company.

Valuation Measures:

As of this moment, Chewy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 181.38, and their Forward P/E ratio for the next fiscal year is 66.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.65 while its Price-to-Book (P/B) ratio in mrq is 14.01.

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 $15.08.

Shares Statistics:

A total of 132.91M shares are outstanding, with a floating share count of 130.87M. Insiders hold about 69.91% of the company’s shares, while institutions hold 23.70% stake in the company.

Earnings Estimates

The firm’s stock currently is rated by 11 analysts. On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.22 and a low estimate of -$0.02, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.02, with high estimates of $0.2 and low estimates of -$0.05.

Analysts are recommending an EPS of between $0.84 and -$0.1 for the fiscal current year, implying an average EPS of $0.16. EPS for the following year is $0.37, with 15 analysts recommending between $1.08 and -$0.14.

Revenue Estimates

A total of 25 analysts have provided revenue estimates for CHWY’s current fiscal year. The highest revenue estimate was $12.48B, while the lowest revenue estimate was $11.59B, resulting in an average revenue estimate of $11.73B. In the same quarter a year ago, actual revenue was $11.15B, up 5.20% from the average estimate. Based on 25 analysts’ estimates, the company’s revenue will be $12.36B in the next fiscal year. The high estimate is $13.43B and the low estimate is $11.85B. The average revenue growth estimate for next year is up 5.30% from the average revenue estimate for this year.

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