Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Chewy Inc (NYSE: CHWY) closed at $34.21 in the last session, up 0.41% from day before closing price of $34.07. In other words, the price has increased by $0.41 from its previous closing price. On the day, 3.24 million shares were traded. CHWY stock price reached its highest trading level at $34.44 during the session, while it also had its lowest trading level at $33.3011.
Ratios:
We take a closer look at CHWY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 27.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 38.64. 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 2.43 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 26 ’24 when Singh Sumit sold 571,903 shares for $34.52 per share. The transaction valued at 19,739,376 led to the insider holds 898,222 shares of the business.
Singh Sumit bought 571,903 shares of CHWY for $19,739,569 on Dec 26 ’24. On Dec 24 ’24, another insider, Singh Sumit, who serves as the Chief Executive Officer of the company, sold 71,161 shares for $35.00 each. As a result, the insider received 2,490,635 and left with 6,677 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 13930105856 and an Enterprise Value of 13919626240. As of this moment, Chewy’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.00, and their Forward P/E ratio for the next fiscal year is 70.09. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.91. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 62.48. 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 8.38%, while the 200-Day Moving Average is calculated to be 36.11%.
Shares Statistics:
According to the various share statistics, CHWY traded on average about 5.67M shares per day over the past 3-months and 5236020 shares per day over the past 10 days. A total of 161.52M shares are outstanding, with a floating share count of 158.26M. Insiders hold about 61.31% of the company’s shares, while institutions hold 32.10% stake in the company. Shares short for CHWY as of 1731628800 were 13403346 with a Short Ratio of 1.99, compared to 1728950400 on 11031345. Therefore, it implies a Short% of Shares Outstanding of 13403346 and a Short% of Float of 9.6.
