Chewy Inc. (NYSE:CHWY) went up by 7.21% from its latest closing price compared to the recent 1-year high of $109.73. The company’s stock price has collected 9.30% of gains in the last five trading sessions. The Wall Street Journal reported on 01/10/21 that Retailers Say Skip Returns
Is It Worth Investing in Chewy Inc. (NYSE :CHWY) Right Now?
Opinions of the stock are interesting as 12 analysts out of 16 who provided ratings for Chewy Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 4 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $94.86, which is -$12.38 below the current price. CHWY currently public float of 72.00M and currently shorts hold a 22.76% ratio of that float. Today, the average trading volume of CHWY was 4.34M shares.
CHWY’s Market Performance
CHWY stocks went up by 9.30% for the week, with a monthly jump of 33.41% and a quarterly performance of 61.60%, while its annual performance rate touched 241.25%. The volatility ratio for the week stands at 5.61% while the volatility levels for the past 30 days are set at 6.46% for Chewy Inc.. The simple moving average for the period of the last 20 days is 9.07% for CHWY stocks with a simple moving average of 80.33% for the last 200 days.
Analysts’ Opinion of CHWY
Many brokerage firms have already submitted their reports for CHWY stocks, with Needham repeating the rating for CHWY by listing it as a “Buy.” The predicted price for CHWY in the upcoming period, according to Needham is $110 based on the research report published on December 17th of the previous year 2020.
Piper Sandler, on the other hand, stated in their research note that they expect to see CHWY reach a price target of $90. The rating they have provided for CHWY stocks is “Overweight” according to the report published on November 13th, 2020.
Jefferies gave a rating of “Buy” to CHWY, setting the target price at $100 in the report published on October 16th of the previous year.
CHWY Trading at 31.13% from the 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, the company was unable to rebound, for now settling with -5.09% of loss for the given period.
Volatility was left at 6.46%, however, over the last 30 days, the volatility rate increased by 5.61%, as shares surge +22.37% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +53.91% upper at present.
During the last 5 trading sessions, CHWY rose by +9.30%, which changed the moving average for the period of 200-days by +188.03% in comparison to the 20-day moving average, which settled at $96.44. In addition, Chewy Inc. saw 15.86% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at CHWY starting from Singh Sumit, who sale 8,000 shares at the price of $100.00 back on Jan 08. After this action, Singh Sumit now owns 9,845 shares of Chewy Inc., valued at $800,000 using the latest closing price.
Singh Sumit, the Chief Executive Officer of Chewy Inc., sale 120,000 shares at $97.82 during a trade that took place back on Jan 08, which means that Singh Sumit is holding 128,975 shares at $11,737,994 based on the most recent closing price.
Stock Fundamentals for CHWY
Current profitability levels for the company are sitting at:
- -5.21 for the present operating margin
- +22.60 for the gross margin
The net margin for Chewy Inc. stands at -5.21. Equity return is now at value 56.50, with -14.40 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 2.20, with the company’s debt to enterprise value settled at 0.02. The receivables turnover for the company is 46.48 and the total asset turnover is 6.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.57.