Company Performance - Chewy's stock closed at $38.51, reflecting a decrease of 0.28% from the previous trading session, underperforming compared to the S&P 500's gain of 0.39% [1] - Over the past month, Chewy's stock has increased by 7.97%, which is below the Retail-Wholesale sector's gain of 8.29% but above the S&P 500's gain of 1.7% [1] Upcoming Earnings - Chewy is expected to report an EPS of $0.20, indicating an 11.11% growth compared to the same quarter last year [2] - Revenue is projected to reach $3.2 billion, reflecting a 13.11% increase compared to the year-ago quarter [2] Analyst Estimates - Recent changes to analyst estimates for Chewy suggest a positive outlook, indicating optimism about the company's business and profitability [3] - The Zacks Rank system, which evaluates these estimate changes, provides actionable insights for investors [4] Zacks Rank and Valuation - Chewy currently holds a Zacks Rank of 3 (Hold), with a recent 0.32% decline in the Zacks Consensus EPS estimate [5] - The company has a Forward P/E ratio of 31.15, which is higher than the industry average of 20.55, and a PEG ratio of 0.84, compared to the Internet - Commerce industry's average of 1.1 [6] Industry Context - The Internet - Commerce industry, part of the Retail-Wholesale sector, has a Zacks Industry Rank of 40, placing it in the top 16% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Chewy (CHWY) Stock Slides as Market Rises: Facts to Know Before You Trade