The stock of Chewy Inc. (CHWY) has seen a -12.35% decrease in the past week, with a -28.87% drop in the past month, and a -50.27% decrease in the past quarter. The volatility ratio for the week is 3.77%, and the volatility levels for the past 30 days are at 3.83% for CHWY. The simple moving average for the last 20 days is -19.19% for CHWY’s stock, with a simple moving average of -44.89% for the last 200 days.
Is It Worth Investing in Chewy Inc. (NYSE: CHWY) Right Now?
Chewy Inc. (NYSE: CHWY) has a higher price-to-earnings ratio of 175.22x compared to its average ratio,, and the 36-month beta value for CHWY is at 0.91. Analysts have varying views on the stock, with 14 analysts rating it as a “buy,” 3 rating it as “overweight,” 10 as “hold,” and 2 as “sell.”
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The average price suggested by analysts for CHWY is $34.26, which is $16.55 above the current market price. The public float for CHWY is 116.48M, and currently, shorts hold a 14.44% of that float. The average trading volume for CHWY on September 18, 2023 was 4.91M shares.
CHWY) stock’s latest price update
Chewy Inc. (NYSE: CHWY)’s stock price has dropped by -5.27 in relation to previous closing price of 21.27. Nevertheless, the company has seen a loss of -12.35% in its stock price over the last five trading days. The Motley Fool reported 2023-09-16 that The United States’ love for their pets remains rock solid. Chewy’s online-only business model is superior to its brick-and-mortar competitors’ operations.
Analysts’ Opinion of CHWY
Many brokerage firms have already submitted their reports for CHWY stocks, with Argus repeating the rating for CHWY by listing it as a “Buy.” The predicted price for CHWY in the upcoming period, according to Argus is $30 based on the research report published on September 06, 2023 of the current year 2023.
CHWY Trading at -33.79% 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 -61.89% of loss for the given period.
Volatility was left at 3.83%, however, over the last 30 days, the volatility rate increased by 3.77%, as shares sank -27.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -45.20% lower at present.
During the last 5 trading sessions, CHWY fell by -12.35%, which changed the moving average for the period of 200-days by -50.81% in comparison to the 20-day moving average, which settled at $24.56. In addition, Chewy Inc. saw -45.66% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CHWY starting from Bowman Stacy, who sale 900 shares at the price of $25.00 back on Sep 05. After this action, Bowman Stacy now owns 226,539 shares of Chewy Inc., valued at $22,497 using the latest closing price.
Singh Sumit, the Chief Executive Officer of Chewy Inc., sale 785 shares at $25.00 during a trade that took place back on Sep 05, which means that Singh Sumit is holding 98,916 shares at $19,622 based on the most recent closing price.
Stock Fundamentals for CHWY
Current profitability levels for the company are sitting at:
- +0.59 for the present operating margin
- +27.24 for the gross margin
The net margin for Chewy Inc. stands at +0.49. The total capital return value is set at 10.27, while invested capital returns managed to touch 8.87. Equity return is now at value 19.30, with 1.90 for asset returns.
Based on Chewy Inc. (CHWY), the company’s capital structure generated 233.40 points at debt to equity in total, while total debt to capital is 70.01. Total debt to assets is 18.24, with long-term debt to equity ratio resting at 220.50. Finally, the long-term debt to capital ratio is 66.14.
When we switch over and look at the enterprise to sales, we see a ratio of 0.79, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 80.04 and the total asset turnover is 4.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
In conclusion, Chewy Inc. (CHWY) has had a bad performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
