Chewy Inc (CHWY) Shares Rise Despite Market Challenges

Chewy Inc (NYSE: CHWY) has experienced a rise in its stock price by 0.12 compared to its previous closing price of 34.03. However, the company has seen a gain of 4.90% in its stock price over the last five trading days. fool.com reported 2024-12-27 that We’re heading into the last few days of the year, and now makes a great time to think about what stocks you would like to own next year — and beyond. You might want to get a head start on the new investing year by picking up a few quality players with solid long-term prospects.

Is It Worth Investing in Chewy Inc (NYSE: CHWY) Right Now?

Chewy Inc (NYSE: CHWY) has a higher price-to-earnings ratio of 36.85x compared to its average ratio, The 36-month beta value for CHWY is at 1.10. Analysts have varying views on the stock, with 8 analysts rating it as a “buy,” 8 rating it as “overweight,” 14 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for CHWY is 158.17M, and currently, shorts hold a 7.14% of that float. The average trading volume for CHWY on December 30, 2024 was 5.67M shares.

CHWY’s Market Performance

CHWY’s stock has seen a 4.90% increase for the week, with a 0.06% rise in the past month and a 13.72% gain in the past quarter. The volatility ratio for the week is 4.55%, and the volatility levels for the past 30 days are at 4.71% for Chewy Inc The simple moving average for the past 20 days is 3.41% for CHWY’s stock, with a 36.01% simple moving average for the past 200 days.

Analysts’ Opinion of CHWY

BofA Securities, on the other hand, stated in their research note that they expect to see CHWY reach a price target of $40, previously predicting the price at $24. The rating they have provided for CHWY stocks is “Buy” according to the report published on November 20th, 2024.

Citigroup gave a rating of “Buy” to CHWY, setting the target price at $40 in the report published on November 08th of the current year.

CHWY Trading at 8.27% 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 -12.86% of loss for the given period.

Volatility was left at 4.71%, however, over the last 30 days, the volatility rate increased by 4.55%, as shares surge +2.22% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +16.36% upper at present.

During the last 5 trading sessions, CHWY rose by +4.90%, which changed the moving average for the period of 200-days by +89.38% in comparison to the 20-day moving average, which settled at $32.95. In addition, Chewy Inc saw 44.18% 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 Singh Sumit, who proposed sale 571,903 shares at the price of $34.52 back on Dec 26 ’24. After this action, Singh Sumit now owns shares of Chewy Inc, valued at $19,739,569 using the latest closing price.

Singh Sumit, the Chief Executive Officer of Chewy Inc, sale 71,161 shares at $35.00 during a trade that took place back on Dec 24 ’24, which means that Singh Sumit is holding 6,677 shares at $2,490,635 based on the most recent closing price.

Stock Fundamentals for CHWY

Current profitability levels for the company are sitting at:

  • 0.01 for the present operating margin
  • 0.29 for the gross margin

The net margin for Chewy Inc stands at 0.04. The total capital return value is set at 0.16. Equity return is now at value 131.11, with 13.72 for asset returns.

Based on Chewy Inc (CHWY), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.96. The debt to equity ratio resting at 2.29. The interest coverage ratio of the stock is 23.67.

Currently, EBITDA for the company is 161.5 million with net debt to EBITDA at 0.01. When we switch over and look at the enterprise to sales, we see a ratio of 1.22. The receivables turnover for the company is 59.32for trailing twelve months and the total asset turnover is 3.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.74.

Conclusion

In conclusion, Chewy Inc (CHWY) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Related Posts