Chewy Inc (NYSE: CHWY) is 14.90% higher on its value in year-to-date trading and has touched a low of $14.69 and a high of $39.10 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CHWY stock was last observed hovering at around $27.99 in the last trading session, with the day’s loss setting it -0.84%.
Currently trading at $27.15, the stock is 4.46% and 5.40% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 10.88 million and changing -3.00% at the moment leaves the stock 32.86% off its SMA200. CHWY registered 10.05% gain for a year compared to 6-month gain of 56.30%.
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The stock witnessed a 21.42% loss in the last 1 month and extending the period to 3 months gives it a 22.13%, and is 4.99% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.30% over the week and 5.59% over the month.
Chewy Inc (CHWY) has around 18100 employees, a market worth around $11.36B and $11.32B in sales. Current P/E ratio is 32.62 and Fwd P/E is 57.45. Profit margin for the company is 3.22%. Distance from 52-week low is 84.88% and -30.56% from its 52-week high. The company has generated returns on investments over the last 12 months (36.30%).
Chewy Inc quarterly earnings per share for the current quarter are estimated at 0.06 with sales reaching $2.86B over the same period.The EPS is expected to grow by 640.77% this year, but quarterly earnings will post 5.30% year-over-year.
504.0 institutions hold shares in Chewy Inc (CHWY), with institutional investors hold 89.33% of the company’s shares. The shares outstanding are 132.91M, and float is at 130.73M with Short Float at 11.37%. Institutions hold 79.34% of the Float.
The top institutional shareholder in the company is BC PARTNERS ADVISORS L.P. with over 275.98 million shares valued at $7.52 billion. The investor’s holdings represent 63.4633 of the CHWY Shares outstanding. As of 2024-06-30, the second largest holder is BAILLIE GIFFORD & CO with 19.33 million shares valued at $526.63 million to account for 4.4457 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 10.27 million shares representing 2.362 and valued at over $279.8 million, while MORGAN STANLEY holds 2.2512 of the shares totaling 9.79 million with a market value of $266.68 million.
Chewy Inc (CHWY) Insider Activity
Chewy Inc disclosed in a document filed with the SEC on Aug 02 ’24 that Bowman Stacy () sold a total of 647 shares of the company’s common stock. The trade occurred on Aug 02 ’24 and was made at $22.24 per share for $14389.0. Following the transaction, the insider now directly holds 0.25 million shares of the CHWY stock.
Still, SEC filings show that on Aug 02 ’24, Mehta Satish (Chief Technology Officer) disposed off 2,894 shares at an average price of $22.24 for $64360.0. The insider now directly holds 573,463 shares of Chewy Inc (CHWY).
