Chewy (CHWY) closed the last trading session at $16.38, gaining 8.6% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $23.89 indicates a 45.9% upside potential. The average comprises 22 short-term price targets ranging from a low of $16 to a high of $37, with a standard deviation of $6.23. While the lowest estimate indicates a decline of 2.3% from the current price level, the most o ...

Market participants will be closely following the financial results of Chewy in its upcoming release. The company plans to announce its earnings on May 29, 2024. The company is forecasted to report an EPS of $0.21, showcasing a 5% upward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $2.87 billion, indicating a 2.92% increase compared to the same quarter of the previous year. In terms of the entire fiscal year, the Zacks Consens ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Chewy. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Chewy (CHWY) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Over the past month, shares of this online pet store have returned -12.5%, compared to the Zacks S&P 500 composite's +1.3% change. During this period, the Zacks Consumer Products - Staples industry, which Chewy falls in, has gained 4%. The key question now is: What could be the stock's future direction?Wh ...

Economists are divided on the question of when, or if, a recession will occur. Some even support the argument that we’ve been in a rolling recession. Whatever your thoughts on the matter, the fact that a potential recession is still being discussed should put you on the hunt for recession-proof retail stocks.  Of course, the retail sector has been under pressure for well over a year. However, it’s only been in the last two quarters that many retailers are acknowledging consumer pullback. Still, shifting con ...

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Chewy (CHWY) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Chewy currently has an average brokerage reco ...

In the latest trading session, Chewy (CHWY) closed at $15.77, marking a -0.44% move from the previous day. This change lagged the S&P 500's daily gain of 0.32%. Meanwhile, the Dow gained 0.38%, and the Nasdaq, a tech-heavy index, added 0.35%.The the stock of online pet store has fallen by 0.44% in the past month, leading the Consumer Staples sector's loss of 0.5% and the S&P 500's loss of 2%.The upcoming earnings release of Chewy will be of great interest to investors. In that report, analysts expect Chewy ...

Chewy (CHWY) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Shares of this online pet store have returned -3.6% over the past month versus the Zacks S&P 500 composite's -3% change. The Zacks Consumer Products - Staples industry, to which Chewy belongs, has lost 2.1% over this period. Now the key question is: Where could the stock be headed in the near term?Although media report ...

The most recent trading session ended with Chewy (CHWY) standing at $15.61, reflecting a -0.61% shift from the previouse trading day's closing. The stock fell short of the S&P 500, which registered a gain of 1.2% for the day. On the other hand, the Dow registered a gain of 0.69%, and the technology-centric Nasdaq increased by 1.59%.Coming into today, shares of the online pet store had gained 1.82% in the past month. In that same time, the Consumer Staples sector lost 1.51%, while the S&P 500 lost 4.16%.Inve ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Chewy (CHWY) .Chewy currently has an average brokerage recommenda ...