Chewy Inc (NYSE:CHWY) has a beta value of 1.07 and has seen 13.85 million shares traded in the last trading session. The company, currently valued at $11.83B, closed the last trade at $28.84 per share which meant it gained $1.72 on the day or 6.34% during that session. The CHWY stock price is -35.58% off its 52-week high price of $39.10 and 49.06% above the 52-week low of $14.69. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.53 million shares traded. The 3-month trading volume is 5.79 million shares.
The consensus among analysts is that Chewy Inc (CHWY) is Buy stock at the moment, with a recommendation rating of 2.19. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 18 have rated it as a Hold, with 14 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.08.
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Chewy Inc (NYSE:CHWY) trade information
Sporting 6.34% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the CHWY stock price touched $28.84 or saw a rise of 2.73%. Year-to-date, Chewy Inc shares have moved 22.05%, while the 5-day performance has seen it change 7.61%. Over the past 30 days, the shares of Chewy Inc (NYSE:CHWY) have changed -0.62%. Short interest in the company has seen 11.03 million shares shorted with days to cover at 2.04.
Wall Street analysts have a consensus price target for the stock at $32, which means that the shares’ value could jump 9.88% from current levels. The projected low price target is $19.0 while the price target rests at a high of $121.0. In that case, then, we find that the current price level is -319.56% off the targeted high while a plunge would see the stock lose 34.12% from current levels.
Chewy Inc (CHWY) estimates and forecasts
Figures show that Chewy Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 80.48% over the past 6 months, with this year growth rate of 65.22%, compared to 14.00% for the industry. Revenue growth from the last financial year stood is estimated to be 5.70%.
22 analysts offering their estimates for the company have set an average revenue estimate of 2.86B for the current quarter. 22 have an estimated revenue figure of 3.16B for the next ending quarter.
Earnings growth for 2024 is a modest 788.79% while over the next 5 years, the company’s earnings are expected to increase by 40.30%.
CHWY Dividends
Chewy Inc is expected to release its next earnings report in December this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Chewy Inc (NYSE:CHWY)’s Major holders
Insiders own 5.01% of the company shares, while shares held by institutions stand at 80.17% with a share float percentage of 84.40%. Investors are also buoyed by the number of investors in a company, with Chewy Inc having a total of 500.0 institutions that hold shares in the company. The top two institutional holders are BC PARTNERS ADVISORS L.P. with over 275.98 million shares worth more than $7.52 billion. As of 2024-06-30, BC PARTNERS ADVISORS L.P. held 63.4633% of shares outstanding.
The other major institutional holder is BAILLIE GIFFORD & CO, with the holding of over 19.33 million shares as of 2024-06-30. The firm’s total holdings are worth over $526.63 million and represent 4.4457% of shares outstanding.
