In the latest trading session, 5.98 million Chewy Inc (NYSE:CHWY) shares changed hands as the company’s beta touched 1.10. With the company’s most recent per share price at $31.18 changed hands at -$2.44 or -7.26% at last look, the market valuation stands at $12.72B. CHWY’s current price is a discount, trading about -25.4% off its 52-week high of $39.10. The share price had its 52-week low at $14.69, which suggests the last value was 52.89% up since then. When we look at Chewy Inc’s average trading volume, we note the 10-day average is 4.63 million shares, with the 3-month average coming to 5.80 million.

Analysts gave the Chewy Inc (CHWY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.03. If we narrow down to specifics, the data shows that 0 out of 18 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 4 recommended CHWY as a Hold, 14 felt it is a Buy and 0 rated the stock as Underweight. Chewy Inc’s EPS for the current quarter is expected to be 0.23.

Chewy Inc (NYSE:CHWY) trade information

Instantly CHWY was in red as seen in intraday trades today. With action -8.43%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 31.95%, with the 5-day performance at -8.43% in the red. However, in the 30-day time frame, Chewy Inc (NYSE:CHWY) is 8.11% up. Looking at the short shares, we see there were 13.4 million shares sold at short interest cover period of 2.4 days.

The consensus price target for the stock as assigned by Wall Street analysts is 32, meaning bulls need an upside of 2.56% from its recent market value. According to analyst projections, CHWY’s forecast low is 20 with 38 as the target high. To hit the forecast high, the stock’s price needs a -21.87% plunge from its current level, while the stock would need to tank 35.86% for it to hit the projected low.

Chewy Inc (CHWY) estimates and forecasts

Data shows that the Chewy Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 37.97% over the past 6 months, a 65.22% in annual growth rate that is considerably higher than the industry average of 16.80%. Year-over-year growth is forecast to reach 5.49% up from the last financial year.

Consensus estimates given by 22 financial analysts project the company’s revenue in the current quarter to hit an average of 3.17B. 14 analysts are of the opinion that Chewy Inc’s revenue for the current quarter will be 3.04B. The company’s revenue for the corresponding quarters a year ago was 2.83B and 2.88B respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 11.91%. The estimates for the next quarter sales put growth at 5.79%.

The 2024 estimates are for Chewy Inc earnings to increase by 781.07%, but the outlook for the next 5-year period is at 40.30% per year.

CHWY Dividends

Chewy Inc is expected to release its next quarterly earnings report in January.

Chewy Inc (NYSE:CHWY)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 5.01% of Chewy Inc shares while 92.64% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 97.53%. There are 92.64% institutions holding the Chewy Inc stock share, with BC PARTNERS ADVISORS L.P. the top institutional holder. As of 2024-06-30, the company held 63.4633% of the shares, roughly 275.98 million CHWY shares worth $7.52 billion.

BAILLIE GIFFORD & CO holds the second largest percentage of outstanding shares, with 4.4457% or 19.33 million shares worth $526.63 million as of 2024-06-30.