Chewy (NYSE:CHWY) Receives $46.72 Consensus Target Price from Analysts

by · The Cerbat Gem

Shares of Chewy (NYSE:CHWY – Get Free Report) have earned an average recommendation of “Moderate Buy” from the twenty-five analysts that are covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating, nineteen have given a buy rating and two have assigned a strong buy rating to the company. The average twelve-month target price among analysts that have covered the stock in the last year is $46.7222.

CHWY has been the subject of several recent research reports. Wall Street Zen lowered shares of Chewy from a “buy” rating to a “hold” rating in a research note on Sunday, September 21st. Wedbush set a $42.00 price target on Chewy and gave the company an “outperform” rating in a report on Wednesday, December 10th. The Goldman Sachs Group raised their price objective on Chewy from $44.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Cowen reaffirmed a “buy” rating on shares of Chewy in a research report on Thursday, December 4th. Finally, Moffett Nathanson raised Chewy from a “neutral” rating to a “buy” rating and set a $48.00 target price for the company in a report on Thursday, September 25th.

Read Our Latest Report on Chewy

Insiders Place Their Bets

In related news, CAO William G. Billings sold 1,121 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $32.72, for a total value of $36,679.12. Following the completion of the transaction, the chief accounting officer owned 31,045 shares of the company’s stock, valued at approximately $1,015,792.40. This trade represents a 3.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sumit Singh sold 40,789 shares of Chewy stock in a transaction that occurred on Tuesday, December 2nd. The stock was sold at an average price of $33.73, for a total transaction of $1,375,812.97. Following the transaction, the chief executive officer owned 623,185 shares in the company, valued at approximately $21,020,030.05. The trade was a 6.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 83,985 shares of company stock worth $2,802,809 over the last ninety days. 0.43% of the stock is currently owned by company insiders.

Institutional Trading of Chewy

Hedge funds and other institutional investors have recently modified their holdings of the business. Y Intercept Hong Kong Ltd purchased a new position in Chewy during the second quarter valued at approximately $6,480,000. Mutual of America Capital Management LLC boosted its stake in shares of Chewy by 28.0% during the 2nd quarter. Mutual of America Capital Management LLC now owns 109,139 shares of the company’s stock valued at $4,652,000 after buying an additional 23,883 shares during the period. BC Partners PE LP purchased a new position in shares of Chewy during the 1st quarter valued at $7,142,402,000. Amundi increased its stake in shares of Chewy by 520.9% in the first quarter. Amundi now owns 261,238 shares of the company’s stock worth $8,796,000 after acquiring an additional 219,163 shares during the last quarter. Finally, Baird Financial Group Inc. purchased a new stake in shares of Chewy during the first quarter worth $379,000. Institutional investors and hedge funds own 93.09% of the company’s stock.

Chewy Stock Down 0.3%

Shares of CHWY stock opened at $31.88 on Friday. The stock has a 50-day simple moving average of $33.90 and a 200 day simple moving average of $37.42. The stock has a market capitalization of $13.23 billion, a P/E ratio of 66.42, a P/E/G ratio of 3.22 and a beta of 1.58. Chewy has a fifty-two week low of $29.83 and a fifty-two week high of $48.62.

Chewy (NYSE:CHWY – Get Free Report) last issued its quarterly earnings results on Wednesday, December 10th. The company reported $0.14 earnings per share for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.17). Chewy had a net margin of 1.64% and a return on equity of 56.78%. The business had revenue of $3.12 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same period in the previous year, the company posted $0.20 earnings per share. Chewy’s revenue was up 8.1% compared to the same quarter last year. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. On average, sell-side analysts anticipate that Chewy will post 0.24 earnings per share for the current year.

About Chewy

(Get Free Report)

Chewy, Inc (NYSE: CHWY) is a leading e-commerce retailer specializing in pet food, supplies and services. The company offers a comprehensive assortment of products for dogs, cats, fish, birds and other small animals, including prescription medications, veterinary health products, grooming essentials and toys. Through its online platform and mobile app, Chewy provides an intuitive shopping experience with features such as Autoship, ensuring regular deliveries of pet essentials at schedule intervals.

Founded in 2011 by Ryan Cohen and Michael Day, Chewy initially operated under the name Mr.

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