The closing price of Chewy Inc (NYSE: CHWY) was $16.68 for the day, down -0.95% from the previous closing price of $16.84. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 8489191 shares were traded.
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 7.74 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.32. For the most recent quarter (mrq), Quick Ratio is recorded 0.60 and its Current Ratio is at 0.96. In the meantime, Its Debt-to-Equity ratio is 1.41 whereas as Long-Term Debt/Eq ratio is at 1.34.
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 Mar-20-24, 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 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 7.26B and an Enterprise Value of 6.83B. As of this moment, Chewy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 629.43, and their Forward P/E ratio for the next fiscal year is 120.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 24.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.67 while its Price-to-Book (P/B) ratio in mrq is 18.29. Its current Enterprise Value per Revenue stands at 0.62 whereas that against EBITDA is 53.61.
Stock Price History:
The Beta on a monthly basis for CHWY is 0.92, which has changed by -55.83% over the last 52 weeks, in comparison to a change of 31.54% over the same period for the S&P500. Over the past 52 weeks, CHWY has reached a high of $40.78, while it has fallen to a 52-week low of $15.78. The 50-Day Moving Average of the stock is 17.98, while the 200-Day Moving Average is calculated to be 23.97.
Shares Statistics:
CHWY traded an average of 8.47M shares per day over the past three months and 6.92M shares per day over the past ten days. A total of 444.10M shares are outstanding, with a floating share count of 128.49M. Insiders hold about 71.07% of the company’s shares, while institutions hold 23.21% stake in the company. Shares short for CHWY as of Feb 29, 2024 were 19.8M with a Short Ratio of 2.34, 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
The firm’s stock currently is rated by 15 analysts. On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of $0.04 and a low estimate of -$0.1, while EPS last year was $0.01. The consensus estimate for the next quarter is $0.06, with high estimates of $0.13 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.13 and -$0.08 for the fiscal current year, implying an average EPS of -$0.01. EPS for the following year is $0.13, with 20 analysts recommending between $0.29 and -$0.12.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 23 analysts. It ranges from a high estimate of $3.27B to a low estimate of $2.39B. As of the current estimate, Chewy Inc’s year-ago sales were $2.71B, an estimated increase of 3.20% from the year-ago figure.
A total of 27 analysts have provided revenue estimates for CHWY’s current fiscal year. The highest revenue estimate was $12.59B, while the lowest revenue estimate was $11.06B, resulting in an average revenue estimate of $11.18B. In the same quarter a year ago, actual revenue was $10.1B, up 10.70% from the average estimate. Based on 27 analysts’ estimates, the company’s revenue will be $11.68B in the next fiscal year. The high estimate is $12.64B and the low estimate is $11.38B. The average revenue growth estimate for next year is up 4.60% from the average revenue estimate for this year.
