Chewy Inc [NYSE: CHWY] surged by $0.29 during the normal trading session on while it closed the day at $26.82.
Chewy Inc stock has also gained 8.15% of its value over the past 7 days. However, CHWY stock has inclined by 52.04% in the 3 months of the year. Over the past six months meanwhile, it has gained 33.90% and gained 13.50% year-on date.
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The market cap for CHWY stock reached $11.69 billion, with 132.91 million shares outstanding and 124.73 million shares in the current float. Compared to the average trading volume of 12.47M shares, CHWY reached a trading volume of 5836677 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say 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 $25.44 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 2.19. 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.
Argus have made an estimate for Chewy Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on July 09, 2024. While these analysts kept the previous recommendation, Mizuho raised their target price to Neutral. The new note on the price target was released on March 19, 2024, representing the official price target for Chewy Inc stock. Previously, the target price had yet another raise from $19 to $30, while Barclays kept a Overweight rating on CHWY stock. On January 10, 2024, analysts decreased their price target for CHWY shares from 40 to 36.
The Average True Range (ATR) for Chewy Inc is set at 2.00, with the Price to Sales ratio for CHWY stock in the period of the last 12 months amounting to 1.04. The Price to Book ratio for the last quarter was 18.16, with the Price to Cash per share for the same quarter was set at 2.61. Price to Free Cash Flow for CHWY in the course of the last twelve months was 43.50 with Quick ratio for the last quarter at 0.69.
CHWY stock trade performance evaluation
Chewy Inc [CHWY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.15. With this latest performance, CHWY shares gained by 19.63% in over the last four-week period, additionally plugging by 33.90% over the last 6 months – not to mention a drop of -28.84% 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 61.24, with the RSI for the last a single of trading hit 61.56, and the three-weeks RSI is set at 61.46 for Chewy Inc [CHWY]. The present Moving Average for the last 50 days of trading for this stock 21.59, while it was recorded at 26.01 for the last single week of trading, and 19.23 for the last 200 days.
Chewy Inc [CHWY]: An insightful look at the core fundamentals
Chewy Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.69 and a Current Ratio set at 1.07.
Chewy Inc [CHWY]: Institutional Ownership
The top three institutional holders of CHWY stocks are: VANGUARD GROUP INC with ownership of 1.32 billion shares, which is approximately 8.5034%. BLACKROCK INC., holding 1.04 billion shares of the stock with an approximate value of $178.43 billion in CHWY stocks shares; and BERKSHIRE HATHAWAY INC, currently with $135.36 billion in CHWY stock with ownership which is approximately 5.1238%.
