Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Chewy Inc (NYSE: CHWY) closed at $31.07 down -7.17% from its previous closing price of $33.47. In other words, the price has decreased by -$7.17 from its previous closing price. On the day, 9.71 million shares were traded. CHWY stock price reached its highest trading level at $32.845 during the session, while it also had its lowest trading level at $31.0.
Ratios:
For a deeper understanding of Chewy Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.25 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.56. For the most recent quarter (mrq), Quick Ratio is recorded 0.35 and its Current Ratio is at 0.74. In the meantime, Its Debt-to-Equity ratio is 2.29 whereas as Long-Term Debt/Eq ratio is at 2.29.
On November 20, 2024, BofA Securities Upgraded its rating to Buy which previously was Underperform and also upped its target price recommendation from $24 to $40.
Citigroup Upgraded its Neutral to Buy on November 08, 2024, whereas the target price for the stock was revised from $28 to $40.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 02 ’24 when Singh Sumit sold 46,312 shares for $33.47 per share. The transaction valued at 1,549,896 led to the insider holds 1,470,125 shares of the business.
Singh Sumit sold 4,243 shares of CHWY for $141,998 on Dec 02 ’24. The Chief Executive Officer now owns 148,999 shares after completing the transaction at $33.47 per share. On Dec 02 ’24, another insider, Mehta Satish, who serves as the Chief Technology Officer of the company, sold 8,056 shares for $33.47 each. As a result, the insider received 269,605 and left with 585,962 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 12684172288 and an Enterprise Value of 13919626240. As of this moment, Chewy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.60, and their Forward P/E ratio for the next fiscal year is 62.20. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.03 while its Price-to-Book (P/B) ratio in mrq is 56.74. Its current Enterprise Value per Revenue stands at 1.231 whereas that against EBITDA is 99.637.
Stock Price History:
Over the past 52 weeks, CHWY has reached a high of $39.10, while it has fallen to a 52-week low of $14.69. The 50-Day Moving Average of the stock is 2.35%, while the 200-Day Moving Average is calculated to be 30.10%.
Shares Statistics:
For the past three months, CHWY has traded an average of 5.90M shares per day and 6028020 over the past ten days. A total of 161.52M shares are outstanding, with a floating share count of 129.79M. Insiders hold about 65.83% of the company’s shares, while institutions hold 34.56% stake in the company. Shares short for CHWY as of 1731628800 were 13403346 with a Short Ratio of 2.27, compared to 1728950400 on 11031345. Therefore, it implies a Short% of Shares Outstanding of 13403346 and a Short% of Float of 9.6.
