Chewy Inc. (NYSE:CHWY) went down by -0.07% from its latest closing price compared to the recent 1-year high of $120.00. The company’s stock price has collected 3.95% of gains in the last five trading sessions. Barron’s reported on 04/08/21 that GameStop Investor Ryan Cohen Is Poised to Lead the Board
Is It Worth Investing in Chewy Inc. (NYSE :CHWY) Right Now?
Opinions of the stock are interesting as 10 analysts out of 16 who provided ratings for Chewy Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 5 rated it as “hold,” and 1 as “sell.”
The average price from analysts is $102.54, which is $17.11 above the current price. CHWY currently public float of 72.36M and currently shorts hold a 15.84% ratio of that float. Today, the average trading volume of CHWY was 3.50M shares.
CHWY’s Market Performance
CHWY stocks went up by 3.95% for the week, with a monthly drop of -3.70% and a quarterly performance of -13.24%, while its annual performance rate touched 97.23%. The volatility ratio for the week stands at 3.76% while the volatility levels for the past 30 days are set at 5.35% for Chewy Inc.. The simple moving average for the period of the last 20 days is 2.42% for CHWY stocks with a simple moving average of 13.67% for the last 200 days.
Analysts’ Opinion of CHWY
Many brokerage firms have already submitted their reports for CHWY stocks, with Evercore ISI repeating the rating for CHWY by listing it as a “Outperform.” The predicted price for CHWY in the upcoming period, according to Evercore ISI is $105 based on the research report published on April 06th of the current year 2021.
Wolfe Research, on the other hand, stated in their research note that they expect to see CHWY reach a price target of $70. The rating they have provided for CHWY stocks is “Peer Perform” according to the report published on April 01st, 2021.
Citigroup gave a rating of “Neutral” to CHWY, setting the target price at $95 in the report published on March 09th of the current year.
CHWY Trading at -10.41% 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 -29.97% of loss for the given period.
Volatility was left at 5.35%, however, over the last 30 days, the volatility rate increased by 3.76%, as shares sank -1.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -19.15% lower at present.
During the last 5 trading sessions, CHWY rose by +3.95%, which changed the moving average for the period of 200-days by +68.96% in comparison to the 20-day moving average, which settled at $81.98. In addition, Chewy Inc. saw -6.51% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at CHWY starting from Bowman Stacy, who sale 11,422 shares at the price of $87.00 back on Mar 16. After this action, Bowman Stacy now owns 77,590 shares of Chewy Inc., valued at $993,714 using the latest closing price.
Marte Mario Jesus, the Chief Financial Officer of Chewy Inc., sale 17,135 shares at $80.64 during a trade that took place back on Mar 10, which means that Marte Mario Jesus is holding 1,289 shares at $1,381,715 based on the most recent closing price.
Stock Fundamentals for CHWY
Current profitability levels for the company are sitting at:
- -1.27 for the present operating margin
- +24.62 for the gross margin
The net margin for Chewy Inc. stands at -1.29. The total capital return value is set at -115.00, while invested capital returns managed to touch -150.76. Equity return is now at value 44.40, with -6.50 for asset returns.
When we switch over and look at the enterprise to sales, we see a ratio of 5.77, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 70.17 and the total asset turnover is 5.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.