Chewy, Inc. (NYSE:CHWY) went up by 0.96% from its latest closing price when compared to the 1-year high value of $70.35 and move down -0.36%, while CHWY stocks collected 20.28% of gains with the last five trading sessions. Barron's reported 1 hour ago that Investors Hunt for the Next Zoom. Here Are 8 Candidates.
Chewy, Inc. (NYSE:CHWY) Worth an Investment?
Chewy, Inc. (NYSE:CHWY) 9 of the analysts out of 14 who provided ratings for Chewy, Inc. stocks as a “buy” while 0 as overweight, 5 rated it as hold and 0 as sell. The average price we get from analysts is $56.55 which is -$17.4 below current price. CHWY currently has a short float of 26.38% and public float of 60.19M with average trading volume of 4.03M shares.
CHWY Market Performance
CHWY stocks went up by 20.28% for the week, with the monthly jump of 20.57% and a quarterly performance of 42.74%, while its annual performance rate touched 104.25%. The simple moving average for the period of the last 20 days is 23.17% for CHWY stocks with the simple moving average of 82.44% for the last 200 days.
Analysts’ Opinion on Chewy, Inc. (NYSE:CHWY)
Many brokerage firms have already submitted their reports for CHWY stocks, with Wells Fargo repeating the rating for CHWY shares by setting it to “Overweight”. The predicted price for CHWY socks in the upcoming period according to Wells Fargo is $70 based on the research report published on August 28, 2020.
Cleveland Research, on the other hand, stated in their research note that they expect to see CHWY stock at the price of $60. The rating they have provided for CHWY stocks is “Buy” according to the report published on July 15, 2020.
Morgan Stanley gave “Equal-Weight” rating to CHWY stocks, setting the target price at $45 in the report published on June 22, 2020.
CHWY Stocks 34.88% 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 -0.36% of loss for the given period.
The stock volatility was left at 5.29%, however, within the period of a single month, the volatility rate increased by 7.82%, while the shares surge at the distance of +19.18% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by +43.32% upper at the present time.
In the course of the last 5 trading sessions, CHWY went up by +20.28%, which changed the moving average for the period of 200 days to the total of +199.57% of gains for the stock in comparison to the 20-day moving average settled at $57.48. In addition, Chewy, Inc. saw 141.72% 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 Bowman Stacy, who sold 2,000 shares at the price of $67.50 back on Sep 01. After this action, Rushing now owns 129,809 shares of Chewy, Inc., valued at $135,000 with the latest closing price.
Mehta Satish, the Chief Technology Officer of Chewy, Inc., sold 21,919 shares at the value of $56.94 during a trade that took place back on Aug 26, which means that Mehta Satish is holding 74,860 shares at the value of $1,248,068 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. Equity return holds the value 69.80%, with -29.00% for asset returns.
The value for Enterprise to Sales is 2.20 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.