Chewy Inc. [NYSE: CHWY] loss -4.61% on the last trading session, reaching $48.58 price per share at the time. The company report on December 9, 2021 that Chewy Announces Third Quarter 2021 Financial Results.
Chewy, Inc. (NYSE: CHWY) (“Chewy”), a trusted destination for pet parents and partners everywhere, has released its financial results for the third quarter of fiscal year 2021 ended October 31, 2021, and posted a letter to its shareholders on its investor relations website at https://investor.chewy.com.
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Chewy Inc. represents 417.85 million in outstanding shares, while the company has a total market value of $22.12 billion with the latest information. CHWY stock price has been found in the range of $48.19 to $51.89.
If compared to the average trading volume of 4.17M shares, CHWY reached a trading volume of 3174416 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 $75.10 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.
Piper Sandler have made an estimate for Chewy Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on January 07, 2022. While these analysts kept the previous recommendation, Citigroup dropped their target price from $66 to $61. The new note on the price target was released on December 16, 2021, representing the official price target for Chewy Inc. stock. Previously, the target price had yet another drop from $100 to $70, while Piper Sandler kept a Overweight rating on CHWY stock. On December 10, 2021, analysts decreased their price target for CHWY shares from 110 to 90.
The Average True Range (ATR) for Chewy Inc. is set at 3.64, with the Price to Sales ratio for CHWY stock in the period of the last 12 months amounting to 2.59. The Price to Book ratio for the last quarter was 303.63, with the Price to Cash per share for the same quarter was set at 1.60. Price to Free Cash Flow for CHWY in the course of the last twelve months was 130.90 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 -6.59. With this latest performance, CHWY shares dropped by -12.09% in over the last four-week period, additionally sinking by -37.31% over the last 6 months – not to mention a drop of -56.80% 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 34.24, with the RSI for the last a single of trading hit 31.57, and the three-weeks RSI is set at 36.14 for Chewy Inc. [CHWY]. The present Moving Average for the last 50 days of trading for this stock 62.87, while it was recorded at 50.17 for the last single week of trading, and 74.26 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
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. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Chewy Inc. go to 2.00%.
An analysis of insider ownership at Chewy Inc. [CHWY]
There are presently around $19,606 million, or 93.10% 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 314,116,550, which is approximately 0% of the company’s market cap and around 3.60% of the total institutional ownership; BAILLIE GIFFORD & CO, holding 7,847,239 shares of the stock with an approximate value of $381.22 million in CHWY stocks shares; and BROWN ADVISORY INC, currently with $338.31 million in CHWY stock with ownership of nearly 17.656% of the company’s market capitalization.
Positions in Chewy Inc. stocks held by institutional investors increased at the end of December and at the time of the December reporting period, where 276 institutional holders increased their position in Chewy Inc. [NYSE:CHWY] by around 19,908,562 shares. Additionally, 197 investors decreased positions by around 10,807,675 shares, while 83 investors held positions by with 372,874,564 shares. The mentioned changes placed institutional holdings at 403,590,801 shares, according to the latest SEC report filing. CHWY stock had 75 new institutional investments in for a total of 2,273,276 shares, while 74 institutional investors sold positions of 2,622,716 shares during the same period.