Chewy Inc (NYSE: CHWY) is 32.75% 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 $30.89 in the last trading session, with the day’s gains setting it 0.48%.
Currently trading at $31.37, the stock is -5.08% and 3.00% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.02 million and changing 1.55% at the moment leaves the stock 30.12% off its SMA200. CHWY registered 62.20% gain for a year compared to 6-month gain of 37.29%. The firm has a 50-day simple moving average (SMA 50) of $30.415 and a 200-day simple moving average (SMA200) of $24.0338.
The stock witnessed a 2.28% loss in the last 1 month and extending the period to 3 months gives it a 3.74%, and is -6.69% down 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 6.02% over the week and 4.62% over the month.
Chewy Inc (CHWY) has around 18100 employees, a market worth around $12.81B and $11.46B in sales. Current P/E ratio is 33.93 and Fwd P/E is 64.08. Profit margin for the company is 3.53%. Distance from 52-week low is 113.62% and -19.77% from its 52-week high. The company has generated returns on investments over the last 12 months (55.07%).
with sales reaching $3.19B over the same period.The EPS is expected to grow by 769.36% this year, but quarterly earnings will post 5.84% year-over-year. Quarterly sales are estimated to grow 12.83% in year-over-year returns.
Chewy Inc (CHWY) Top Institutional Holders
527.0 institutions hold shares in Chewy Inc (CHWY), with institutional investors hold 97.53% of the company’s shares. The shares outstanding are 161.52M, and float is at 129.82M with Short Float at 10.32%. Institutions hold 92.64% 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
The most recent transaction is an insider sale by Singh Sumit, the company’s Chief Executive Officer. SEC filings show that Singh Sumit sold 46,312 shares of the company’s common stock on Dec 02 ’24 at a price of $33.47 per share for a total of $1.55 million. Following the sale, the insider now owns 1.47 million shares.
Chewy Inc disclosed in a document filed with the SEC on Dec 02 ’24 that Singh Sumit (Chief Executive Officer) sold a total of 4,243 shares of the company’s common stock. The trade occurred on Dec 02 ’24 and was made at $33.47 per share for $0.14 million. Following the transaction, the insider now directly holds 0.15 million shares of the CHWY stock.
Still, SEC filings show that on Dec 02 ’24, Mehta Satish (Chief Technology Officer) disposed off 8,056 shares at an average price of $33.47 for $0.27 million. The insider now directly holds 585,962 shares of Chewy Inc (CHWY).
