Chewy Inc. (NYSE:CHWY)’s traded shares stood at 1.21 million during the latest session, with the company’s beta value hitting 0.79. At the last check today, the stock’s price was $37.87, to imply a decrease of -0.76% or -$0.29 in intraday trading. The CHWY share’s 52-week high remains $52.88, putting it -39.64% down since that peak but still an impressive 41.33% since price per share fell to its 52-week low of $22.22. The company has a valuation of $16.60B, with an average of 3.54 million shares in intraday trading volume over the past 10 days and average of 3.77 million shares over the past 3 months.
Chewy Inc. (NYSE:CHWY) trade information
After registering a -0.76% downside in the latest session, Chewy Inc. (CHWY) has traded red over the past five days. The stock hit a weekly high of 40.84 this Wednesday, 03/15/23, dropping -0.76% in its intraday price action. The 5-day price performance for the stock is -5.04%, and -20.92% over 30 days. With these gigs, the year-to-date price performance is 2.13%. Short interest in Chewy Inc. (NYSE:CHWY) saw shorts transact 22.64 million shares and set a 5.56 days time to cover.
Do You Know The Best Place To Find Gains In Volatile Markets?
In today's chaotic marketplace, the biggest gains will come from some currently-small companies that pass by older, larger businesses still stuck in a pre-pandemic world. The trick is figuring out which small caps will be tomorrow's winners. That's why StockWire News has put together a special Wealth Building Report, highlighting 3 small cap stocks set to soar in 2023.
Click here for full details and to join for free.
Sponsored
Chewy Inc. (CHWY) estimates and forecasts
Looking at statistics comparing Chewy Inc. share performance against respective industry, we note that the company has underperformed competitors. Chewy Inc. (CHWY) shares are 5.81% up over the last 6 months, with its year-to-date growth rate lower than industry average at -166.67% against -2.40%. The rating firms project that company’s revenue will grow 12.90% compared to the previous financial year.
Revenue forecast for the current quarter as set by 20 analysts is $2.64 billion. Meanwhile, for the quarter ending Apr 2023, a total of 19 analyst(s) estimate revenue growth to $2.68 billion.Earnings reports from the last fiscal year show that sales brought in $2.39 billion and $2.43 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 10.70% before jumping 10.30% in the following quarter.
CHWY Dividends
Chewy Inc. has its next earnings report out on March 22. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Chewy Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Chewy Inc. (NYSE:CHWY)’s Major holders
Chewy Inc. insiders hold 18.68% of total outstanding shares, with institutional holders owning 99.35% of the shares at 122.17% float percentage. In total, 99.35% institutions holds shares in the company, led by Morgan Stanley. As of Dec 30, 2022, the company held over 20.29 million shares (or 18.09% of shares), all amounting to roughly $771.52 million.
The next major institution holding the largest number of shares is Baillie Gifford and Company with 17.08 million shares, or about 15.23% of shares outstanding. As of the market price on Dec 30, 2022, these shares were worth $649.59 million.
We also have Morgan Stanley Inst Fd Inc-Growth Port and Vanguard U.S. Growth Fund as the top two Mutual Funds with the largest holdings of the Chewy Inc. (CHWY) shares. Going by data provided on Sep 29, 2022, Morgan Stanley Inst Fd Inc-Growth Port holds roughly 3.69 million shares. This is just over 3.29% of the total shares, with a market valuation of $140.41 million. Data from the same date shows that the other fund manager holds a little less at 3.64 million, or 3.24% of the shares, all valued at about 138.25 million.