Chewy (NYSE:CHWY) Sets New 1-Year Low – What’s Next?

Chewy (NYSE:CHWY)’s share price reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $29.72 and last traded at $30.0380, with a volume of 1597842 shares trading hands. The stock had previously closed at $31.02.

Analysts Set New Price Targets

CHWY has been the subject of a number of recent research reports. Wedbush set a $42.00 price target on shares of Chewy and gave the stock an “outperform” rating in a research note on Wednesday, December 10th. Mizuho reaffirmed an “outperform” rating and set a $50.00 target price on shares of Chewy in a report on Tuesday, November 4th. The Goldman Sachs Group increased their price target on Chewy from $44.00 to $52.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. TD Cowen restated a “buy” rating on shares of Chewy in a research report on Thursday, December 4th. Finally, Morgan Stanley upped their price objective on Chewy from $48.00 to $51.00 and gave the company an “overweight” rating in a report on Tuesday, January 13th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $47.21.

Chewy Trading Down 2.4%

The company has a fifty day moving average price of $33.00 and a two-hundred day moving average price of $35.85. The firm has a market cap of $12.57 billion, a P/E ratio of 63.18, a PEG ratio of 3.15 and a beta of 1.56.

Chewy (NYSE:CHWY) last posted its earnings results on Wednesday, December 10th. The company reported $0.32 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.31 by $0.01. The business had revenue of $3.12 billion during the quarter, compared to analysts’ expectations of $3.10 billion. Chewy had a return on equity of 56.78% and a net margin of 1.64%.Chewy’s revenue for the quarter was up 8.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.20 EPS. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. As a group, sell-side analysts expect that Chewy will post 0.24 EPS for the current year.

Insider Buying and Selling

In related news, CEO Sumit Singh sold 40,789 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 623,185 shares in the company, valued at approximately $21,020,030.05. This trade represents a 6.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CTO Satish Mehta sold 8,872 shares of Chewy stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $33.53, for a total value of $297,478.16. Following the completion of the sale, the chief technology officer directly owned 229,702 shares in the company, valued at approximately $7,701,908.06. This represents a 3.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 83,985 shares of company stock valued at $2,802,809. Company insiders own 0.43% of the company’s stock.

Institutional Trading of Chewy

Hedge funds and other institutional investors have recently made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in Chewy by 5.4% during the fourth quarter. Vanguard Group Inc. now owns 19,920,347 shares of the company’s stock worth $658,367,000 after purchasing an additional 1,017,214 shares during the last quarter. NBC Securities Inc. increased its stake in Chewy by 127.0% in the 4th quarter. NBC Securities Inc. now owns 3,414 shares of the company’s stock valued at $113,000 after buying an additional 1,910 shares during the last quarter. Outfitters Financial LLC bought a new stake in Chewy during the 4th quarter worth about $693,000. waypoint wealth counsel boosted its stake in shares of Chewy by 3.8% during the 4th quarter. waypoint wealth counsel now owns 11,220 shares of the company’s stock worth $371,000 after buying an additional 415 shares during the last quarter. Finally, Retirement Planning Co of New England Inc. boosted its stake in shares of Chewy by 6.0% during the 4th quarter. Retirement Planning Co of New England Inc. now owns 8,136 shares of the company’s stock worth $269,000 after buying an additional 458 shares during the last quarter. 93.09% of the stock is currently owned by institutional investors and hedge funds.

About Chewy

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.