Chewy, Inc. (NYSE:CHWY) went down by -0.45% from its latest closing price when compared to the 1-year high value of $41.34 and move down -24.44%, while CHWY stocks collected -12.58% of loss with the last five trading sessions. Barron's reported 9 hours ago that Tech Investors Sold Virus Names, Went Hunting for Growth Stocks
Chewy, Inc. (NYSE:CHWY) Worth an Investment?
Chewy, Inc. (NYSE:CHWY) of the analysts out of 0 who provided ratings for Chewy, Inc. stocks as a “buy” while as overweight, rated it as hold and as sell. The average price we get from analysts is $39.23 which is $4.42 above current price. CHWY currently has a short float of 26.77% and public float of 45.27M with average trading volume of 2.86M shares.
CHWY Market Performance
CHWY stocks went down by -12.58% for the week, with the monthly jump of 18.56% and a quarterly performance of 13.11%. The simple moving average for the period of the last 20 days is 6.68% for CHWY stocks with the simple moving average of 14.36% for the last 200 days.
Analysts’ Opinion on Chewy, Inc. (NYSE:CHWY)
Many brokerage firms have already submitted their reports for CHWY stocks, with Evercore ISI repeating the rating for CHWY shares by setting it to “Outperform”. The predicted price for CHWY socks in the upcoming period according to Evercore ISI is $260 based on the research report published on February 24, 2020.
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see CHWY stock at the price of $38. The rating they have provided for CHWY stocks is “Outperform” according to the report published on February 21, 2020.
Wedbush gave “ Outperform” rating to CHWY stocks, setting the target price at $35 in the report published on January 27, 2020.
CHWY Stocks 12.07% Far from 50 Day Moving Average
After a stumble in the market that brought CHWY to its low price for the period of the last 52 weeks, Chewy, Inc. was unable to take a rebound, for now settling with -19.64% of loss for the given period.
The stock volatility was left at 11.74%, however, within the period of a single month, the volatility rate increased by 7.75%, while the shares surge at the distance of +21.73% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +16.68% upper at the present time.
In the course of the last 5 trading sessions, CHWY went down by -12.58%, which changed the moving average for the period of 200 days to the total of -2.95% of losses for the stock in comparison to the 20-day moving average settled at $31.44. In addition, Chewy, Inc. saw 14.55% in overturn over the period of a single year with a tendency to cut further gains.
CHWY Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Chewy, Inc. (CHWY), starting from Marte Mario Jesus, who sold 25,000 shares at the price of $30.81 back on Jan 13. After this action, Rushing now owns 17,489 shares of Chewy, Inc., valued at $770,125 with the latest closing price.
Mehta Satish, the Chief Technology Officer of Chewy, Inc., sold 50,000 shares at the value of $29.01 during a trade that took place back on Jan 06, which means that Mehta Satish is holding 16,411 shares at the value of $1,450,550 based on the most recent closing price.
CHWY Stock Fundamentals
The current profitability levels are settled at -5.21 for the present operating margin and +22.60 for gross margin. The net margin for Chewy, Inc. stands at -5.21.
The value for Enterprise to Sales is 2.67 with debt to enterprise value settled at 0.02. The receivables turnover for Chewy, Inc. is 46.48 with the total asset turnover at the value of 6.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.57.