Streetbeat News

CHWY

Chewy, Inc.

https://www.chewy.com

Industry

Specialty Retail

Chewy, Inc., together with its subsidiaries, engages in the pure play e-commerce business in the United States. The company provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its www.chewy.com retail Website, as well as its mobile applications. It offers approximately 100,000 products from 3,000 partner brands. The company was founded in 2010 and is headquartered in Dania Beach, Florida.

Open

32.42

Mkt cap

13B

Volume

3.7M

High

32.68

P/E Ratio

38.20

52-wk high

39.10

Low

31.53

Div yield

N/A

52-wk low

14.69

Jim Cramer shared his views on several companies on CNBC's 'Mad Money Lightning Round.' He expressed skepticism about Indie Semiconductor's focus on the auto sector, praised On Holding AG, advised caution on Confluent due to financial issues, believed Chewy is bottoming, and found Super Micro Computer too hot after its stock surged following S&P 500 inclusion news. Indie Semiconductor and Confluent reported their financial results, with Indie showing weaker sales and Confluent exceeding expectations. On Holding and Chewy are set to report their financial results soon.

Portfolio Pulse from Avi Kapoor

March 05, 2024 | 1:21 pm

Jim Cramer expressed caution on Super Micro Computer (SMCI) due to its significant stock rally of over 276% this year, advising a pullback. He also commented on Confluent (CFLT), Chewy (CHWY), On Holding (ONON), and Indie Semiconductor (INDI), offering varied advice ranging from waiting out financial issues to expressing confidence or lack thereof in their market positions.

Portfolio Pulse from Benzinga Neuro

March 05, 2024 | 4:17 am

Deep-pocketed investors show a divided sentiment on Chewy (NYSE:CHWY), with equal bullish and bearish positions in options trading. Benzinga's tracking revealed significant activity, suggesting a price target range of $15.0 to $27.5. Chewy, a leading e-commerce pet care retailer, is currently trading at $16.26, with potential oversold conditions and an upcoming earnings release.

Portfolio Pulse from Benzinga Insights

February 26, 2024 | 5:00 pm

Today's session highlighted unusual options activity for 10 consumer discretionary stocks, indicating potential trading opportunities. The activity includes both bullish and bearish sentiments across various companies like TSLA, NKE, AMZN, and others, with details on trade types, sentiments, expiration dates, and volumes.

Portfolio Pulse from Benzinga Insights

February 21, 2024 | 5:35 pm

Chewy's (NYSE:CHWY) short interest has increased by 5.82%, with 18.41 million shares sold short, representing 22.53% of its float. This indicates a bearish market sentiment, although it doesn't necessarily predict a price drop. Chewy's short interest is higher than its peer group average of 14.43%, suggesting more bearish sentiment compared to its peers. Short interest is a critical indicator of market sentiment and can influence stock performance.

Portfolio Pulse from Benzinga Insights

February 07, 2024 | 3:45 pm

Jim Cramer discussed the stock performance and outlook of several companies on CNBC's 'Mad Money Lightning Round'. He mentioned Chewy, Inc. (CHWY) positively, noting its low price as an opportunity. Barclays and Goldman Sachs analysts have recently adjusted their price targets for CHWY. Cramer was not optimistic about JetBlue Airways (JBLU), citing the airline industry's underperformance. JetBlue reported a Q4 operating loss but beat revenue and EPS estimates. Cramer praised The Home Depot, Inc. (HD) for its significant run, supported by a Piper Sandler upgrade. He also recommended Schlumberger Limited (SLB), highlighting its better-than-expected Q4 earnings. Stock movements for CHWY, JBLU, HD, and SLB on Thursday are also noted.

Portfolio Pulse from Avi Kapoor

February 02, 2024 | 1:46 pm

Today's session highlighted significant options activity in the Consumer Discretionary sector, with notable trades on TSLA, AMZN, LI, GM, FL, BABA, NCLH, NIO, CHWY, and MHK. The activity ranged from bullish to bearish sentiments, involving both call and put options with varying expiration dates and strike prices. This could indicate potential trading opportunities based on the whales' movements.

Portfolio Pulse from Benzinga Insights

February 01, 2024 | 5:35 pm

Goldman Sachs analyst Eric Sheridan has maintained a Buy rating on Chewy (NYSE:CHWY) but has reduced the price target from $40 to $36.

Portfolio Pulse from Benzinga Newsdesk

January 11, 2024 | 1:09 pm

Wall Street analysts have updated their price targets and ratings for several companies. Keybanc reduced EOG Resources' target but maintained an Overweight rating. BMO Capital raised Southern Company's target and upgraded to Outperform. Baird increased Salesforce's target and upgraded to Outperform. Barclays raised Chewy's target and upgraded to Overweight, predicting over 50% rally. Wells Fargo lifted Willis Towers Watson's target and upgraded to Overweight. Deutsche Bank lowered Albemarle's target and downgraded to Hold. Jefferies raised Juniper Networks' target but downgraded to Hold. Goldman Sachs upped Lyft's target but downgraded to Neutral. Keybanc cut Diamondback Energy's target but kept an Overweight rating. Deutsche Bank reduced Lithium Americas' target and downgraded to Hold.

Portfolio Pulse from Avi Kapoor

January 11, 2024 | 12:45 pm

Analyst ratings for Chewy (NYSE:CHWY) show a mix of opinions with 17 analysts offering ratings in the last three months. The average 12-month price target is $26.71, down 14.47% from the previous $31.23. Recent actions include both raised and lowered ratings and price targets by analysts from firms such as Barclays, Jefferies, Needham, RBC Capital, Goldman Sachs, Morgan Stanley, JMP Securities, Raymond James, Piper Sandler, Wedbush, UBS, and B of A Securities. Chewy's financials indicate a strong market position with a market cap that asserts dominance, a revenue growth rate of 8.15%, a net margin of -1.31%, an ROE of -9.45%, an ROA of -1.23%, and a debt-to-equity ratio of 1.34.

Portfolio Pulse from Benzinga Insights

January 11, 2024 | 12:00 pm

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