This trade activity should not be overlooked: Chewy Inc (CHWY)

With 7.68 million shares changed hands, the volume of the stock remained lighter than its average volume of 9.2 million shares. The 52-week range on CHWY shows that it touched its highest point at $40.84 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 3.05%, but this was up by 10.07% over a month. Three-month performance dropped to -5.10% while six-month performance fell -20.62%. The stock lost -54.24% in the past year, while it has lost -22.77% 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 86.53% 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.