Should You Sell Chewy Inc (CHWY) And Go Away This Year?

Chewy Inc (NYSE:CHWY) currently has a daily average trading volume of 5.64M but it saw 4507442 shares traded in last market. With a market cap of 13.91B USD, the company’s current market price of $34.03 came falling about -2.80 while comparing to the previous closing price of $35.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $39.10 and as low as $14.69. In the recent trading on the day, stock has struck highest price mark of $33.975 while lowest mark touched by it was $35.5.

Taking a look at 20-day trading activity of Chewy Inc (CHWY) gives us an average price of $32.91, while its current price level is -12.97% below from 52-week high level whereas it is 131.73% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $31.37 while that of 200 days or SMA-200 reads an average of $24.97. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.67% during that period while stretching the period over a month that increases to 4.68%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 56.21 which implies that the stock is in neutral territory.

BofA Securities upgraded its recommendation for the stock as a “Buy” from “Underperform” on November 20, 2024 while assigning a price target range of $24-$40. Citigroup issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $28 and $40.

Over the week, CHWY’s stock price is moving 6.81% up while it is -1.70% when we observe its performance for the past one month. Year-to-date it is 44.01% up and over the past year, the stock is showing an upside performance of 43.22%.

Currently, Chewy Inc’s total number of outstanding shares is 161.52M. Company’s return on investment (ROI) stands at 55.07% and return on equity (ROE) at 131.11%. It has a price to earnings ratio (P/E ratio) of 36.81 while having a 69.72 of forward P/E ratio. Stock’s beta reads 1.10. Stock has a price to book (P/B) ratio of 62.15 while price to sale or P/S ratio amounts to 1.21. Its return on asset (ROA) is 13.72% on average.