With 19.09 million shares changed hands, the volume of the stock remained heavier than its average volume of 8.78 million shares. During the session, the Internet Retail company that operates in wider Consumer Cyclical sector, reached to the highest price of $16.56 whereas the lowest price it dropped to was $15.23. The 52-week range on CHWY shows that it touched its highest point at $40.78 and its lowest point at $15.65 during that stretch. It currently has a 1-year price target of $23.13. Beta for the stock currently stands at 0.91.
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 down-trending over the past week, with a drop of -8.43%, but this was down by -4.16% over a month. Three-month performance dropped to -38.47% while six-month performance fell -14.99%. The stock lost -55.85% in the past year, while it has lost -34.74% so far this year. A look at the trailing 12-month EPS for CHWY yields 0.09 with Next year EPS estimates of 0.26. For the next quarter, that number is 0.04. This implies an EPS growth rate of 22.51% for this year and 134.45% for next year.
Float and Shares Shorts:
At present, 132.91 million CHWY shares are outstanding with a float of 128.49 million shares on hand for trading. On Feb 29, 2024, short shares totaled 19.8 million, which was 4.59% higher than short shares on Jan 31, 2024. In addition to CHWY as the firm’s Chewy, Inc., CHUY serves as its Chuy’s Holdings, Inc.
Institutional Ownership:
Through their ownership of 76.46% 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.
