Workflow
Chewy(CHWY)
icon
Search documents
Oversold and Diverging, Chewy Stock is Ready to Rebound
MarketBeat· 2024-03-22 10:11
Key PointsChewy share prices are oversold and overextended in the face of growth and improving free cash flow. Shareholder equity is up significantly at the end of F2024 and is expected to grow in 2025.Analysts are trimming their targets but see a floor in the market and a 75% upside at the consensus. 5 stocks we like better than ChewyChewy's NYSE: CHWY share price is ready to rebound. The stock is trading near historic lows despite growth, margin improvement, and improving shareholder value, and it is over ...
Why Chewy Stock Dropped on Thursday
The Motley Fool· 2024-03-21 19:22
Chewy (CHWY -7.43%) stock found itself in the doghouse on Thursday. Shares fell 6% through early afternoon trading, compared to a modest uptick in the S&P 500. That move contributed to a rough year for owners of the pet supply retailer, which is down over 50% in the past 12 months.Thursday's slump was sparked by some discouraging news on the earnings front .Barking up the wrong treeChewy executives reported Q4 operating results before the market opened, and Wall Street wasn't thrilled with the details. Whil ...
Chewy urged to do more by analysts after warning on outlook
Proactive Investors· 2024-03-21 18:32
About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...
Does Chewy (CHWY) Have the Potential to Rally 46.56% as Wall Street Analysts Expect?
Zacks Investment Research· 2024-03-21 14:56
Shares of Chewy (CHWY) have gained 10.6% over the past four weeks to close the last trading session at $17.74, but there could still be a solid upside left in the stock if short-term price targets of Wall Street analysts are any indication. Going by the price targets, the mean estimate of $26 indicates a potential upside of 46.6%.The mean estimate comprises 22 short-term price targets with a standard deviation of $6.52. While the lowest estimate of $17 indicates a 4.2% decline from the current price level, ...
Chewy (CHWY) Just Flashed Golden Cross Signal: Do You Buy?
Zacks Investment Research· 2024-03-21 14:35
After reaching an important support level, Chewy (CHWY) could be a good stock pick from a technical perspective. CHWY surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular trading tool. It provides a look back at a stock's price over a 20-day period, and is beneficial to short-term traders since it smooths out price fluctuations and provides more trend reversal signals than longer-term moving averages.Similar to other SMAs, if ...
Wall Street Analysts See Chewy (CHWY) as a Buy: Should You Invest?
Zacks Investment Research· 2024-03-21 14:31
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 ...
How to Calculate the Implied Move of a Stock into Earnings
MarketBeat· 2024-03-21 14:01
Key PointsOptions can be used to calculate the implied price move for a stock heading into a catalyst event like earnings reports, FDA decisions, economic reports and court verdicts.Being aware of where the options market expects the price to go can prepare you for the risks and potential opportunities after the catalyst occurs.At-the-money spread pricing helps gauge how much of a price swing the underlying stock will make.5 stocks we like better than ChewyStock options can be used for many purposes, from c ...
Chewy Stock Seesaws as Pet Ownership Outlook Overshadows Results—Price Levels to Watch
Investopedia· 2024-03-21 11:55
Key TakeawaysChewy shares moved lower in premarket trading Thursday after the e-tailer's pet ownership outlook overshadowed its better-than-expected quarterly results.The company cautioned that it sees the pet industry growing at a slower-than-average pace this year due to pet household formation trends, before normalizing in 2025.Chewy said it expects to deliver continued adjusted EBITDA margin expansion and gain market share this year, regardless of the industry or macroeconomic conditions.A reversal in C ...
Chewy(CHWY) - 2023 Q4 - Earnings Call Transcript
2024-03-21 00:17
Chewy, Inc. (NYSE:CHWY) Q4 2023 Earnings Conference Call March 20, 2024 5:00 PM ET Company Participants Jennifer Hsu - Vice President and Head of Investor Relations Sumit Singh - Chief Executive Officer and Director David Reeder - Chief Financial Officer Conference Call Participants Douglas Anmuth - JPMorgan Mark Mahaney - Evercore ISI Dylan Carden - William Blair Anna Andreeva - Needham and Company Steven Zaccone - Citigroup Nathan Feather - Morgan Stanley Alex Steiger - Goldman Sachs Rupesh Parikh - Oppen ...
Chewy Leverages Autoship Subscription to Gain Share From Brick-and-Mortar
PYMNTS· 2024-03-20 22:07
As online retail subscriptions gain share from physical stores, Chewy is leveraging its Autoship auto-fill program to win customers from its more traditional competitors.The company shared in a letter to shareholders accompanying its fourth quarter and full year fiscal 2023 financial results Wednesday (March 20) that its Autoship subscription program yielded highly positive results, generating about $8.5 billion in customer sales throughout 2023.“I’m incredibly excited about the company’s opportunities, we ...