A better buy-in window may exist right now for Chewy Inc (CHWY)

With 3.29 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.41 million shares. During the session, the Internet Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $33.1 whereas the lowest price it dropped to was $31.575. The 52-week range on CHWY shows that it touched its highest point at $39.10 and its lowest point at $14.69 during that stretch. It currently has a 1-year price target of $32.20. Beta for the stock currently stands at 1.09.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CHWY was down-trending over the past week, with a drop of -0.06%, but this was up by 19.00% over a month. Three-month performance surged to 21.55% while six-month performance rose 97.25%. The stock gained 60.53% in the past year, while it has gained 39.40% so far this year. A look at the trailing 12-month EPS for CHWY yields 0.83 with Next year EPS estimates of 0.50. For the next quarter, that number is 0.06. This implies an EPS growth rate of 791.00% for this year and -37.75% for next year.

Float and Shares Shorts:

At present, 132.91 million CHWY shares are outstanding with a float of 129.79 million shares on hand for trading. On 2024-10-31, short shares totaled 10.09 million, which was 246.99999999999997 higher than short shares on 1727654400. In addition to Mr. Sumit Singh as the firm’s CEO & Director, Mr. Satish Mehta serves as its Chief Technology Officer.

Institutional Ownership:

Through their ownership of 0.92565 of CHWY’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-07-28, CHWY reported revenue of $2858589000.0 and operating income of $32051000.0. The EBITDA in the recently reported quarter was $74935000.0 and diluted EPS was $0.68.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CHWY since 18 analysts follow the stock currently. There are 14 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CHWY analysts setting a high price target of 40.0 and a low target of 24.0, the average target price over the next 12 months is 32.46571. Based on these targets, CHWY could surge 21.43% to reach the target high and fall by -27.14% to reach the target low. Reaching the average price target will result in a decline of -1.44% from current levels.

Analysts have provided yearly estimates in a range of -$0.000459389831 being high and -$0.000516813559 being low. For CHWY, this leads to a yearly average estimate of -$0.000484.