Chewy (CHWY) Stock Declines While Market Improves: Some Information for Investors

Company Performance - Chewy's stock closed at $27.09, reflecting a -1.35% change from the previous session, underperforming the S&P 500 which gained 0.22% [1] - The stock has decreased by 6.44% over the past month, compared to a loss of 0.42% in the Retail-Wholesale sector and a gain of 1.47% in the S&P 500 [1] - Upcoming earnings per share (EPS) is projected at $0.23, indicating a 53.33% increase year-over-year, with revenue expected to reach $2.86 billion, a 4.44% increase from the same quarter last year [1] Full Year Estimates - Analysts expect Chewy to report earnings of $1.14 per share and revenue of $11.83 billion for the full year, representing increases of +65.22% and +6.34% respectively from the previous year [2] - Recent changes in analyst estimates suggest a positive outlook for the company's business, as these revisions often reflect short-term business dynamics [2] Valuation Metrics - Chewy currently has a Forward P/E ratio of 24.09, which is higher than the industry average of 22.4 [3] - The company's PEG ratio stands at 0.77, compared to the industry average PEG ratio of 1.25, indicating a favorable growth outlook relative to its valuation [3] Industry Ranking - The Internet - Commerce industry, part of the Retail-Wholesale sector, holds a Zacks Industry Rank of 92, placing it in the top 37% of over 250 industries [3] - The Zacks Rank system indicates that top-rated industries outperform lower-rated ones by a factor of 2 to 1 [4]