In yesterday’s Wall Street session, Chewy Inc (NYSE:CHWY) shares traded at $34.03, down -2.80% from the previous session.
CHWY stock price is now 8.48% away from the 50-day moving average and 36.29% away from the 200-day moving average. The market capitalization of the company currently stands at $13.91B.
On November 20, 2024, BofA Securities Upgraded its previous ‘Underperform’ rating to ‘Buy’ on the stock increasing its target price from $24 to quote $40, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, Singh Sumit, Officer bought 571,903 shares of the company’s stock on Dec 26 ’24. The stock was bought for $19,739,569 at an average price of $34.52. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 24 ’24, Chief Executive Officer Singh Sumit sold 71,161 shares of the business’s stock. A total of $2,490,635 was realized by selling the stock at an average price of $35.00. This leaves the insider owning 6,677 shares of the company worth $0.23 million. A total of 61.31% of the company’s stock is owned by insiders.
During the past 12 months, Chewy Inc has had a low of $14.69 and a high of $39.10. As of last week, the company has a debt-to-equity ratio of 2.43, a current ratio of 0.74, and a quick ratio of 0.35. According to the stock market information, the enterprise value for the company is $13919626240, which is based on a 36.81 price-to-earnings ratio, a 0.91 price-to-earnings-growth ratio, and a beta of 1.10. The fifty day moving average price for CHWY is $31.2678 and a two-hundred day moving average price translates $24.88855 for the stock.
The latest earnings results from Chewy Inc (NYSE: CHWY) was released for 2024-07-28. The net profit margin was 3.53% and return on equity was 131.11% for CHWY. The company reported revenue of $2.86 billion for the quarter, compared to $2.79 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.63 percent.
