Chewy (CHWY) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this online pet store have returned -7.8%, compared to the Zacks S&P 500 composite's +1.7% change. During this period, the Zacks Consumer Products - Staples industry, which Chewy falls in, has gained 0.8%. The key question now is: What could be the stock's future direction?Although media reports ...

Overlooking these companies could be a mistake.The stock market has had a strong start to 2024, but different companies have reflected that rebound in varying degrees in terms of share price changes.Now, it's important to remember that share price alone doesn't tell you a lot about a business, other than what investors seem to value it at a given point of time. A stock may be down because the business is doing badly, but there may be more to the story, too. Likewise, a business that has seen share prices ru ...

Investors may not know what to make of Chewy (CHWY 1.66%) stock. Although its sales have continued to grow, the stock has experienced declines amid a shrinking customer base and expectations of lower growth in its industry.Nonetheless, Chewy has built a loyal customer base that spends increasing amounts on their pets. Also, with plans to expand into other markets and businesses, the stock could begin a long-awaited recovery.Chewy's strugglesAdmittedly, Chewy bears can make valid points for their lack of opt ...

Pet e-commerce firm Chewy (CHWY 1.66%) has had a difficult start to 2024 with the stock losing about a third of its value so far this year. One of the biggest reasons behind this is that the company forecast overall pet industry growth to be modest this year and did not expect any big benefit from price increases.However, the company still has a massive opportunity in front of it that investors may be ignoring. So is now the time to buy the stock?A nice recurring business modelOne of the first things to und ...

People are paying more for their pet supplies these days. In late March, Chewy (CHWY 1.66%) announced record average annual spending as part of its fiscal fourth-quarter earnings update. Gains here allowed the e-commerce specialist to offset weaknesses in other areas of the business so sales could rise 10% in 2023.Yet the stock's drop in recent months shows how Wall Street is more concerned with Chewy's weakening growth prospects. These are best reflected in changes to its active customer pool, which is a t ...

peshkov Chewy (NYSE:CHWY) reported much better than expected results for the fourth quarter which nonetheless caused the company’s shares to fall 10% after earnings. The online pet store retailer is convinced with strong free cash flow growth and consistent gross margins on its e-Commerce platform. The company is also making strategic moves by broadening its product offers and rolling out Chewy Vet Clinics, which is set to create a new revenue stream for the retailer. While shares of Chewy are not espec ...

With over $11 billion in fiscal 2023 net sales, Chewy (CHWY 4.40%) is an e-commerce giant serving the pet industry. The company has amassed over 20 million active customers by offering fast shipping, focusing on customer service, and selling a wide range of products and services.Chewy isn't a subscription service, per se, but it does provide an automated way to place repeat orders. This option is extremely popular. In the fourth quarter of its fiscal 2023, more than three-quarters of its net sales came from ...

Online pet retailer Chewy (CHWY 4.40%) enjoyed a period of skyrocketing pet ownership during the pandemic. Revenue soared 24% in 2021 as pet owners turned to Chewy for its attractive prices and convenient shipping options. The stock soared as well, peaking at around $120 per share in early 2021.The bill is now coming due. Demand was pulled forward by the pandemic, with new pet households forming that otherwise would have remained pet-free or delayed getting a pet. Even as it wins market share, Chewy is stru ...

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 -10.26%) is struggling to maintain a high growth rate as households ease off the heavy pet adoption rate seen during the height of the pandemic. While growth slows, analysts at Morgan Stanley are instead keyed into the profit story.The analysts noted that the macroeconomic environment is a concern, but they believe the pet goods retailer will be able to boost margins despite lackluster growth. As a result, Morgan Stanley initiated an overweight rating on Chewy stock with a price target of $27. B ...