Wall Street expects a year-over-year increase in earnings on higher revenues when Chewy (CHWY) reports results for the quarter ended October 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on December 4, 2024, might help the stock move higher if these key numbers are better than expecta ...

The Retail-Wholesale group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Chewy (CHWY) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.Chewy is one of 210 companies in the Retail-Wholesale group. The Retail-Wholesale group currently sits at #7 within the Zacks Sector Rank. T ...

Retail investors often feel on the outside of the stock market since information can often be hard to access and digest when the factors and trends to be identified aren’t too clear-cut. This is why looking at Wall Street analyst actions can be an important checklist for retail investors when looking at potential opportunities to put their capital to work. What is especially important to keep in mind is that analysts talk to each other, and they more or less have assumptions in mind that drive these stock v ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Chewy (CHWY) , which belongs to the Zacks Internet - Commerce industry.This online pet store has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 28.35%.For the last reported quarter, Chewy came out with earnings of $0.24 per share vers ...

Pet care company Chewy Inc. CHWY has had an eventful 2024, and an analyst thinks investors should buy the stock for more upside ahead. This news comes a month after it was revealed that Roaring Kitty (aka Keith Gill) dumped his stake in the company.The Chewy Analyst: Bank of America analyst Curtis Nagle double upgrades Chewy shares from Underperform to Buy and raises the price target from $24 to $40.Read Also: Pet Supply Retailer Chewy’s Q2 Earnings: Profit Edges Out Expectation, Sales Per Active Customer H ...

Chewy Inc (NYSE:CHWY) is up 4.9% at $34.54 at last glance, after a rare double-upgrade from BofA Global Research to "buy" from "underperform," with a lofty price-target hike to $40 from $24. The firm noted that pet adoption is up since the beginning of the year, while pet spending has reached a low point and could be due for a rebound. Increased web traffic, among other things, was also a factor. Today's pop has CHWY inching above the $34 region, which capped rallies in mid September and earlier this month. ...

Chewy Inc. (CHWY) has experienced an extraordinary six months, with its stock surging 95.5%. Once viewed as a niche player, Chewy has now firmed its position as a dominant force in the pet-focused e-commerce space, benefiting from the growing demand for convenient, subscription-based pet products. While investors celebrate the company’s success, a pressing question remains: Does Chewy have more room to run, or is a correction on the horizon?The stock has comfortably outpaced the industry’s modest rise of 14 ...

Which is the better buy between these two pet stocks?Pets are bigger business than ever.Pet adoptions spiked during the pandemic, and spending on pets has continued thanks to trends like the humanization of pets, with more Americans treating their pets like children.Two companies that capitalized on that trend are Chewy (CHWY -0.39%) and Freshpet (FRPT 2.11%). Both stocks have generally delivered strong growth but offer different ways to get exposure to the pet industry. Let's size up both of them in order ...

Many investors have no idea that this huge business is a major player in the pet space.The online pharmacy space for pets is growing at a strong rate and that's good news for Chewy (CHWY 6.34%). The company operates the go-to e-commerce platform for pets. Most investors are likely aware that it generates billions of dollars of sales annually from retail products. But fewer realize that pet health is a big business for Chewy as well.In 2023, Chewy Health was a business worth more than $3 billion, according t ...

Chewy will join the S&P MidCap 400 on Wednesday.Shares of Chewy (CHWY 8.52%), the leading online pet products seller, were gaining today after the company effectively got a vote of confidence from S&P Global, as it said after hours on Friday that Chewy would join the S&P MidCap 400.As a result, Chewy stock was up 8.3% as of 12:15 p.m. ET. Chewy earns a stamp of approvalS&P Global, which manages indexes including the S&P MidCap 400, said that Chewy would replace Stericycle on the mid-cap index, as Stericycle ...