Stocks of Chewy Inc (NYSE:CHWY) traded higher last session on Wall Street, up 1.46% to $29.28.
CHWY stock price is now 4.01% away from the 50-day moving average and 34.57% away from the 200-day moving average. The market capitalization of the company currently stands at $11.94B.
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With the price target of $38, TD Cowen recently initiated with Buy rating for Chewy Inc (NYSE: CHWY). , while ‘Raymond James’ rates the stock as ‘Mkt Perform’
In other news, Argos Holdings GP LLC, 10% Owner sold 1,250,000 shares of the company’s stock on Oct 15 ’24. The stock was sold for $36,750,000 at an average price of $29.40. 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 Sep 23 ’24, 10% Owner Argos Holdings GP LLC sold 26,870,748 shares of the business’s stock. A total of $789,999,991 was realized by selling the stock at an average price of $29.40. A total of 70.18% 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 $39.10. As of last week, the company has a debt-to-equity ratio of 1.13, a current ratio of 0.85, and a quick ratio of 0.46. According to the stock market information, the enterprise value for the company is $12122661888, which is based on a 35.18 price-to-earnings ratio, a 0.87 price-to-earnings-growth ratio, and a beta of 1.05. The fifty day moving average price for CHWY is $28.0212 and a two-hundred day moving average price translates $21.7299 for the stock.
The latest earnings results from Chewy Inc (NYSE: CHWY) was released for 2024-07-28. The net profit margin was 3.22% and return on equity was 85.62% for CHWY. The company reported revenue of $2.86 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 2.63 percent.
