In the last trading session, 9.2 million shares of the Chewy Inc (NYSE:CHWY) were traded, and its beta was 1.68. Most recently the company’s share price was $33.61, and it changed around -$0.41 or -1.21% from the last close, which brings the market valuation of the company to $13.74B. CHWY currently trades at a discount to its 52-week high of $40.09, offering almost -19.28% off that amount. The share price’s 52-week low was $14.69, which indicates that the current value has risen by an impressive 56.29% since then. We note from Chewy Inc’s average daily trading volume that its 10-day average is 5.54 million shares, with the 3-month average coming to 4.95 million.
Chewy Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.72. If we narrow it down even further, the data shows that 0 out of 29 analysts rate the stock as a Sell; another 7 rate it as Overweight. Among the rest, 10 recommended CHWY as a Hold, whereas 12 deemed it a Buy, and 0 rated it as Underweight. Chewy Inc is expected to report earnings per share of 0.2 for the current quarter.
Chewy Inc (NYSE:CHWY) trade information
Instantly CHWY has showed a red trend with a performance of -1.21% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 34.82 on recent trading dayincreased the stock’s daily price by 3.48%. The company’s shares are currently up 0.36% year-to-date, but still up 5.06% over the last five days. On the other hand, Chewy Inc (NYSE:CHWY) is -2.47% down in the 30-day period. We can see from the shorts that 10.82 million shares have been sold at a short interest cover period of 2.09 day(s).
The consensus price target as assigned by Wall Street analysts is $40.5, which translates to bulls needing to increase their stock price by 17.01% from its current value. Analyst projections state that CHWY is forecast to be at a low of $38 and a high of $42.
Chewy Inc (CHWY) estimates and forecasts
The year-over-year growth rate is expected to be 5.94%, up from the previous year.
Consensus estimates provided by 23 financial analysts predict the company will bring in an average of 3.2B in revenue for the current quarter. 20 analysts expect Chewy Inc to make 3.04B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 2.83B and 2.88B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 12.96%. Forecasts for the next quarter put sales growth at 5.59%.
Chewy Inc earnings are expected to increase by 778.05% in 2025, but the outlook is positive 102.48% per year for the next five years.
CHWY Dividends
Chewy Inc’s next quarterly earnings report is expected to be released on 2024-Dec-03.
Chewy Inc (NYSE:CHWY)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 3.38% of Chewy Inc shares, and 98.93% of them are in the hands of institutional investors. The stock currently has a share float of 102.39%. Chewy Inc stock is held by 588.0 institutions, with BC PARTNERS ADVISORS L.P. being the largest institutional investor. By 2024-06-30, it held 64.2756% of the shares, which is about 275.98 million shares worth $7.52 billion.
BAILLIE GIFFORD & CO, with 4.5026% or 19.33 million shares worth $526.63 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
iShares Core S&P Mid-Cap ETF and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Feb 28, 2025 . The former held 5.36 shares worth $180.12 million, making up 3.30% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 4.77 shares worth around $160.47 million, which represents about 2.94% of the total shares outstanding.
