Chewy Inc. [NYSE: CHWY] loss -3.92% or -2.92 points to close at $71.51 with a heavy trading volume of 4280797 shares. 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:.
It opened the trading session at $73.15, the shares rose to $73.75 and dropped to $70.12, the range by which the price of stock traded the whole day. The daily chart for CHWY points out that the company has recorded 11.32% gains over the past six months. However, it is still -95.12% lower than its most recent low trading price.
If we look at the average trading volume of 3.60M shares, CHWY reached to a volume of 4280797 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about 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.
Guggenheim have made an estimate for Chewy Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on May 03, 2021. While these analysts kept the previous recommendation, Evercore ISI raised their target price to Outperform. The new note on the price target was released on April 06, 2021, representing the official price target for Chewy Inc. stock. Previously, the target price had yet another raise to $70, while Wolfe Research analysts kept a Peer Perform rating on CHWY stock.
The Average True Range (ATR) for Chewy Inc. is set at 3.71, with the Price to Sales ratio for CHWY stock in the period of the last 12 months amounting to 4.25. Price to Free Cash Flow for CHWY in the course of the last twelve months was 14447.40 with Quick ratio for the last quarter at 0.50.
Trading performance analysis for CHWY stock
Chewy Inc. [CHWY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.20. With this latest performance, CHWY shares dropped by -12.63% in over the last four-week period, additionally plugging by 11.32% over the last 6 months – not to mention a rise of 77.14% 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 31.76, with the RSI for the last a single of trading hit 24.66, and the three-weeks RSI is set at 36.04 for Chewy Inc. [CHWY]. The present Moving Average for the last 50 days of trading for this stock 83.42, while it was recorded at 76.73 for the last single week of trading, and 77.06 for the last 200 days.
Chewy Inc. [CHWY]: A deeper dive into fundamental analysis
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.
Chewy Inc. [CHWY]: An earnings per share (EPS) analysis
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.
An analysis of insider ownership at Chewy Inc. [CHWY]
There are presently around $29,896 million, or 85.10% 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 5.50% of the total institutional ownership; MORGAN STANLEY, holding 12,769,398 shares of the stock with an approximate value of $950.43 million in CHWY stocks shares; and BAILLIE GIFFORD & CO, currently with $561.87 million in CHWY stock with ownership of nearly 13.683% of the company’s market capitalization.
Positions in Chewy Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 270 institutional holders increased their position in Chewy Inc. [NYSE:CHWY] by around 12,651,026 shares. Additionally, 193 investors decreased positions by around 14,213,443 shares, while 54 investors held positions by with 374,804,486 shares. The mentioned changes placed institutional holdings at 401,668,955 shares, according to the latest SEC report filing. CHWY stock had 135 new institutional investments in for a total of 3,236,483 shares, while 64 institutional investors sold positions of 1,456,622 shares during the same period.