Company Performance - Chewy's stock closed at 0.21, indicating a 16.67% growth year-over-year [2] - Revenue is projected to be $3.2 billion, reflecting a 13.08% increase compared to the same quarter last year [2] Analyst Forecasts - Recent revisions to analyst forecasts for Chewy are important as they indicate short-term business trends, with positive revisions suggesting analyst optimism about the company's profitability [3] Zacks Rank and Valuation - Chewy currently holds a Zacks Rank of 2 (Buy), with the Zacks Consensus EPS estimate having increased by 0.96% over the past month [5] - The company is trading at a Forward P/E ratio of 25.72, which is higher than the industry average of 21.28 [5] Industry Metrics - Chewy has a PEG ratio of 0.69, compared to the Internet - Commerce industry's average PEG ratio of 1.13 [6] - The Internet - Commerce industry is part of the Retail-Wholesale sector and has a Zacks Industry Rank of 78, placing it in the top 32% of over 250 industries [6][7]
Chewy (CHWY) Increases Yet Falls Behind Market: What Investors Need to Know