Chewy Inc. [NYSE: CHWY] stock went on an upward path that rose over 2.79% on Friday, amounting to a one-week price increase of more than 1.68%. The company report on March 31, 2021 that Chewy Announces Fiscal Fourth Quarter and Full Year 2020 Financial Results.
Chewy, Inc. (NYSE: CHWY) (“Chewy”), a trusted online destination for pet parents and partners everywhere, has released its financial results for the fiscal fourth quarter and full year 2020 ended January 31, 2021, and posted a letter to its shareholders on its investor relations website at https://investor.chewy.com.
Fiscal Q4 2020 Highlights:.
Over the last 12 months, CHWY stock rose by 127.73%. The one-year Chewy Inc. stock forecast points to a potential upside of 16.86. The average equity rating for CHWY stock is currently 2.10, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $33.98 billion, with 413.92 million shares outstanding and 72.36 million shares in the current float. Compared to the average trading volume of 3.48M shares, CHWY stock reached a trading volume of 4538845 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Chewy Inc. [CHWY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CHWY shares is $101.15 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CHWY stock is a recommendation set at 2.10. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Evercore ISI have made an estimate for Chewy Inc. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 06, 2021. While these analysts kept the previous recommendation, Wolfe Research raised their target price to Peer Perform. The new note on the price target was released on April 01, 2021, representing the official price target for Chewy Inc. stock. Previously, the target price had yet another raise to $95, while Citigroup analysts kept a Neutral rating on CHWY stock.
The Average True Range (ATR) for Chewy Inc. is set at 5.29, with the Price to Sales ratio for CHWY stock in the period of the last 12 months amounting to 4.75. Price to Free Cash Flow for CHWY in the course of the last twelve months was 16179.24 with Quick ratio for the last quarter at 0.50.
CHWY Stock Performance Analysis:
Chewy Inc. [CHWY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.68. With this latest performance, CHWY shares gained by 4.36% in over the last four-week period, additionally plugging by 47.44% over the last 6 months – not to mention a rise of 127.73% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CHWY stock in for the last two-week period is set at 48.05, with the RSI for the last a single of trading hit 53.17, and the three-weeks RSI is set at 46.51 for Chewy Inc. [CHWY]. The present Moving Average for the last 50 days of trading for this stock 93.80, while it was recorded at 82.23 for the last single week of trading, and 73.93 for the last 200 days.
Insight into Chewy Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Chewy Inc. [CHWY] shares currently have an operating margin of -1.27 and a Gross Margin at +24.62. Chewy Inc.’s Net Margin is presently recorded at -1.29.
Return on Total Capital for CHWY is now -115.00, given the latest momentum, and Return on Invested Capital for the company is -150.76. Additionally, CHWY Total Debt to Total Capital is recorded at 100.58, with Total Debt to Total Assets ending up at 19.95.
Reflecting on the efficiency of the workforce at the company, Chewy Inc. [CHWY] managed to generate an average of -$4,999 per employee. Receivables Turnover for the company is 70.17 with a Total Asset Turnover recorded at a value of 5.35.Chewy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.50 and a Current Ratio set at 0.90.
CHWY Stock EPS
With the latest financial reports released by the company, Chewy Inc. posted -0.12/share EPS, while the average EPS was predicted by analysts to be reported at -0.16/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 25.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CHWY.
Chewy Inc. [CHWY] Insider Position Details
There are presently around $33,762 million, or 86.00% of CHWY stock, in the hands of institutional investors. The top three institutional holders of CHWY stocks are: BC PARTNERS ADVISORS L.P. with ownership of 320,266,549, which is approximately 0% of the company’s market cap and around 5.30% of the total institutional ownership; MORGAN STANLEY, holding 12,769,398 shares of the stock with an approximate value of $1.07 billion in CHWY stocks shares; and BAILLIE GIFFORD & CO, currently with $558.46 million in CHWY stock with ownership of nearly 2.653% of the company’s market capitalization.
Positions in Chewy Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 281 institutional holders increased their position in Chewy Inc. [NYSE:CHWY] by around 12,117,017 shares. Additionally, 181 investors decreased positions by around 13,449,660 shares, while 44 investors held positions by with 375,884,343 shares. The mentioned changes placed institutional holdings at 401,451,020 shares, according to the latest SEC report filing. CHWY stock had 165 new institutional investments in for a total of 3,694,525 shares, while 55 institutional investors sold positions of 1,567,288 shares during the same period.