During the recent session, Chewy Inc (NYSE:CHWY)’s traded shares were 1.72 million, with the beta value of the company hitting 1.03. At the last check today, the stock’s price was $28.67, reflecting an intraday loss of -0.12% or -$0.03. The 52-week high for the CHWY share is $39.10, that puts it down -36.38 from that peak though still a striking 48.76% gain since the share price plummeted to a 52-week low of $14.69. The company’s market capitalization is $11.80B, and the average intraday trading volume over the past 10 days was 8.31 million shares, and the average trade volume was 10.45 million shares over the past three months.
Chewy Inc (CHWY) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.16. CHWY has a Sell rating from 0 analyst(s) out of 18 analysts who have looked at this stock. 4 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 14 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be 0.03.
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Chewy Inc (NYSE:CHWY) trade information
Chewy Inc (CHWY) registered a -0.12% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.12% in intraday trading to $28.67, hitting a weekly high. The stock’s 5-day price performance is 7.36%, and it has moved by 23.29% in 30 days. Based on these gigs, the overall price performance for the year is 4.88%. The short interest in Chewy Inc (NYSE:CHWY) is 14.86 million shares and it means that shorts have 3.17 day(s) to cover.
The consensus price target of analysts on Wall Street is $32, which implies an increase of 10.41% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $19 and $121 respectively. As a result, CHWY is trading at a discount of -322.04% off the target high and 33.73% off the low.
Chewy Inc (CHWY) estimates and forecasts
Statistics show that Chewy Inc has outperformed its competitors in share price, compared to the industry in which it operates. Chewy Inc (CHWY) shares have gone up 58.99% during the last six months, with a year-to-date growth rate more than the industry average at 55.07% against 15.50. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 137.50% this quarter and then drop -71.40% in the quarter after that. In the rating firms’ projections, revenue will increase 5.30% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 2.86B as predicted by 22 analyst(s). Meanwhile, a consensus of 22 analyst(s) estimates revenue growth to 3.13B by the end of current fiscal year.
While earnings are projected to return 657.70% in 2024.
CHWY Dividends
Chewy Inc is due to release its next quarterly earnings on 2024-Dec-04. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Chewy Inc (NYSE:CHWY)’s Major holders
Chewy Inc insiders own 11.18% of total outstanding shares while institutional holders control 79.51%, with the float percentage being 89.52%. BC PARTNERS ADVISORS L.P. is the largest shareholder of the company, while 504.0 institutions own stock in it. As of 2024-06-30, the company held over 275.98 million shares (or 63.4633% of all shares), a total value of $7.52 billion in shares.
The next largest institutional holding, with 19.33 million shares, is of BAILLIE GIFFORD & CO’s that is approximately 4.4457% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $526.63 million.
