Major Investor Sells Off Half a Billion Dollars in Chewy Stock
Online pet supplies retailer Chewy (CHWY) announced that a firm connected to its biggest shareholder was selling off half a billion dollars in stock.
Is Chewy a Buy After the Company Just Raised Its Guidance?
Shares of Chewy (CHWY -2.19%) were trading lower last week following the online pet products retailer's third-quarter results, despite the company increasing its full-year guidance. The stock has nonetheless had a solid 2024, trading up more than 33% as of this writing.
Chewy: A Top Pet Store Growth Play
Chewy reported strong Q3 results with revenue of $2.9B, a 4.8% Y/Y increase, and $152M in free cash flow, showing 218% Y/Y growth. Transactions per customer grew 4% Y/Y, driving organic revenue growth, while Chewy's free cash flow margin improved to 5%. Chewy's valuation at a P/E ratio of 25.6X is attractive given its long-term EPS growth potential of over 40%.
Should You Buy Chewy Stock?
Chewy (CHWY -1.30%) reported quarterly financial results that decreased the stock price despite relatively positive figures.
This Analyst With 86% Accuracy Rate Sees Around 21% Upside In Chewy - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts
U.S. stocks settled mixed on Friday, with S&P 500 and Nasdaq Composite hitting fresh records following the release of better-than-expected November jobs data.
Despite Chewy's Q3 Earnings Miss, Here's Why I'd Still Buy It Before the End of 2024
I get it. Chewy's (CHWY 1.64%) third-quarter results fell short of analysts' estimates. The company also actually lost a small number of customers -- again.
Chewy Stock Has Been in the Doghouse. Is It a Buy for 2025?
Shares of Chewy (CHWY 1.64%) have rebounded this year after falling sharply from their previous peak in 2021. Although Chewy's sales are still being weighed down by macroeconomic headwinds, pet spending could be turning the corner.
What's Behind These 3 Recent Analyst Stock Upgrades?
Investors should often take analyst ratings with a grain of salt, as there are often hidden interests and agendas behind each rating and price target. The truth is, these analysts are regular people with normal jobs.
Petco and Chewy Focus on Services and Customer Loyalty Programs
Elevating product offerings, customer engagement and operational efficiency to drive long-term growth in the competitive pet care market were common themes for pet health and wellness company Petco and online pet product retailer Chewy in their respective third-quarter financial results released Thursday (Dec. 5).
Buy the Dip? Chewy Stock's Growth Story Is Far From Over
Chewy's NYSE: CHWY stock price dipped following the FQ3 2025 earnings report, which opened a buy-the-dip opportunity. The results were mixed relative to the analysts' expectations but aligned with pet industry trends and an outlook for sustained growth.
Chewy Q3: Cautiously Optimistic On A 22% Upside Potential (Rating Upgrade)
I am upgrading Chewy to "buy" as its revenue should re-accelerate over the next few years from a combination of the Autoship program and progress on its strategic initiatives. During Q3 FY24, Chewy continued to see its NSPAC expand as it drives deeper adoption of its Autoship program while diversifying its revenue from Sponsored Ads, Chewy Health, and Chewy+ program. Although management raised its FY24 guidance, investor sentiment was dampened by the sequential decline in its gross and adjusted EBITDA margins, along with a miss on its Q3 adjusted EPS.
Why Chewy Stock Sank by 6% on Thursday
Chewy (CHWY -7.17%) stock took another hit on Thursday, a day after getting dinged by investors reacting to the company's third-quarter earnings report. While there was no direct news of note from the company, one analyst tracking its shares downgraded his recommendation.
