Chewy Inc (CHWY) Stock: Analyzing the Market Value

Chewy Inc (NYSE: CHWY) has a higher price-to-earnings ratio of 131.45x compared to its average ratio, The 36-month beta value for CHWY is at 1.03. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

The public float for CHWY is 124.73M, and currently, shorts hold a 17.44% of that float. The average trading volume for CHWY on July 22, 2024 was 12.33M shares.

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CHWY) stock’s latest price update

The stock price of Chewy Inc (NYSE: CHWY) has dropped by -0.55 compared to previous close of 25.51. Despite this, the company has seen a fall of -5.41% in its stock price over the last five trading days. investorplace.com reported 2024-07-22 that The astonishing GameStop (NYSE: GME ) short squeeze in January 2021 was a watershed moment for meme investing. Although coordinated retail investors have bought into positions in a similar way to meme stocks in the past, 2021 underlined the strength of social media in driving the meme stocks to buy now.

CHWY’s Market Performance

Chewy Inc (CHWY) has seen a -5.41% fall in stock performance for the week, with a -0.51% decline in the past month and a 57.09% surge in the past quarter. The volatility ratio for the week is 4.70%, and the volatility levels for the past 30 days are at 8.81% for CHWY. The simple moving average for the past 20 days is -3.88% for CHWY’s stock, with a 30.80% simple moving average for the past 200 days.

Analysts’ Opinion of CHWY

Mizuho gave a rating of “Neutral” to CHWY, setting the target price at $18 in the report published on March 19th of the current year.

CHWY Trading at 13.05% 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 -35.12% of loss for the given period.

Volatility was left at 8.81%, however, over the last 30 days, the volatility rate increased by 4.70%, as shares sank -0.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +63.70% upper at present.

During the last 5 trading sessions, CHWY fell by -5.76%, which changed the moving average for the period of 200-days by +40.26% in comparison to the 20-day moving average, which settled at $26.38. In addition, Chewy Inc saw 7.36% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CHWY starting from Argos Holdings GP LLC, who sale 1,338,262 shares at the price of $30.32 back on Jul 01 ’24. After this action, Argos Holdings GP LLC now owns 0 shares of Chewy Inc, valued at $40,572,911 using the latest closing price.

Argos Holdings GP LLC, the 10% Owner of Chewy Inc, sale 5,328,543 shares at $30.10 during a trade that took place back on Jun 27 ’24, which means that Argos Holdings GP LLC is holding 0 shares at $160,398,062 based on the most recent closing price.

Stock Fundamentals for CHWY

Current profitability levels for the company are sitting at:

  • 0.0 for the present operating margin
  • 0.28 for the gross margin

The net margin for Chewy Inc stands at 0.01. The total capital return value is set at 0.03. Equity return is now at value 18.22, with 2.84 for asset returns.

Based on Chewy Inc (CHWY), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.76. The debt to equity ratio resting at 0.86. The interest coverage ratio of the stock is 8.87.

Currently, EBITDA for the company is 115.08 million with net debt to EBITDA at -3.53. When we switch over and look at the enterprise to sales, we see a ratio of 0.93. The receivables turnover for the company is 62.72for trailing twelve months and the total asset turnover is 3.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.07.

Conclusion

In conclusion, Chewy Inc (CHWY) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” 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.

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