Chewy Inc (NYSE:CHWY) shares traded 0.23% higher at $26.53 on Wall Street last session.
CHWY stock price is now 25.58% away from the 50-day moving average and 38.58% away from the 200-day moving average. The market capitalization of the company currently stands at $11.56B.
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On March 19, 2024, Mizuho recently initiated its ‘Neutral’ rating on the stock quoting a target price of $18, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, Argos Holdings GP LLC, 10% Owner sold 1,338,262 shares of the company’s stock on Jul 01 ’24. The stock was sold for $40,572,911 at an average price of $30.32. Upon completion of the transaction, the 10% Owner now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 27 ’24, 10% Owner Argos Holdings GP LLC sold 5,328,543 shares of the business’s stock. A total of $160,398,062 was realized by selling the stock at an average price of $30.10. A total of 71.39% of the company’s stock is owned by insiders.
During the past 12 months, Chewy Inc has had a low of $14.69 and a high of $39.46. As of last week, the company has a debt-to-equity ratio of 0.86, a current ratio of 1.07, and a quick ratio of 0.69. The fifty day moving average price for CHWY is $21.3562 and a two-hundred day moving average price translates $19.18475 for the stock.
The latest earnings results from Chewy Inc (NYSE: CHWY) was released for 2024-04-28. The net profit margin was 0.75% and return on equity was 18.22% for CHWY. The company reported revenue of $2.88 billion for the quarter, compared to $2.79 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.12 percent.
