With 6.74 million shares changed hands, the volume of the stock remained lighter than its average volume of 10.12 million shares. The 52-week range on CHWY shows that it touched its highest point at $42.13 and its lowest point at $15.78 during that stretch. It currently has a 1-year price target of $24.72. Beta for the stock currently stands at 0.92.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CHWY was up-trending over the past week, with a rise of 0.75%, but this was down by -2.58% over a month. Three-month performance dropped to -5.19% while six-month performance fell -29.59%. The stock lost -56.90% in the past year, while it has lost -26.49% so far this year. A look at the trailing 12-month EPS for CHWY yields 0.03 with Next year EPS estimates of 0.15. For the next quarter, that number is -0.03. This implies an EPS growth rate of -100.91% for this year and 13597.61% for next year.
Float and Shares Shorts:
At present, 444.10 million CHWY shares are outstanding with a float of 128.49 million shares on hand for trading. On Feb 15, 2024, short shares totaled 20.71 million, which was 4.80% higher than short shares on Jan 12, 2024. In addition to Mr. Sumit Singh as the firm’s CEO & Director, Mr. Satish Mehta serves as its Chief Technology Officer.
Institutional Ownership:
Through their ownership of 86.54% of CHWY’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CHWY since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
Summary of Insider Activity:
Insiders traded CHWY stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has increased to 12 while that of sell transactions has risen to 25 over the past year. The total number of shares bought during that period was 478,565 while 29,532,488 shares were sold.
