Chewy (NYSE:CHWY) Releases Q1 2025 Earnings Guidance

Chewy (NYSE:CHWY - Get Free Report) issued an update on its first quarter 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.300-0.350 for the period, compared to the consensus EPS estimate of 0.340. The company issued revenue guidance of $3.1 billion-$3.1 billion, compared to the consensus revenue estimate of $3.1 billion.

Chewy Stock Performance

CHWY stock traded up $0.71 during midday trading on Tuesday, reaching $44.02. 3,231,911 shares of the company were exchanged, compared to its average volume of 5,688,053. The stock's 50-day simple moving average is $35.27 and its 200 day simple moving average is $35.05. Chewy has a 1-year low of $16.06 and a 1-year high of $44.20. The company has a market cap of $18.21 billion, a price-to-earnings ratio of 48.35, a price-to-earnings-growth ratio of 2.21 and a beta of 1.69.

Chewy (NYSE:CHWY - Get Free Report) last announced its quarterly earnings results on Wednesday, March 26th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.25. Chewy had a net margin of 3.51% and a return on equity of 24.47%. The business had revenue of $3.25 billion during the quarter, compared to the consensus estimate of $3.20 billion. During the same quarter last year, the firm posted $0.07 EPS. The business's revenue was up 15.0% compared to the same quarter last year. On average, research analysts anticipate that Chewy will post 0.24 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts recently commented on CHWY shares. Mizuho lifted their price target on Chewy from $42.00 to $43.00 and gave the stock an "outperform" rating in a research note on Thursday, March 27th. JPMorgan Chase & Co. cut their target price on Chewy from $40.00 to $36.00 and set an "overweight" rating for the company in a research report on Tuesday, April 8th. Citigroup upped their price target on Chewy from $40.00 to $42.00 and gave the company a "buy" rating in a report on Thursday, March 27th. Morgan Stanley lowered their price target on Chewy from $40.00 to $39.00 and set an "overweight" rating on the stock in a report on Thursday, April 17th. Finally, Seaport Res Ptn upgraded shares of Chewy to a "hold" rating in a report on Monday, March 24th. Six analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the company's stock. According to MarketBeat, Chewy currently has an average rating of "Moderate Buy" and a consensus price target of $38.47.

Insider Activity at Chewy

In other Chewy news, CTO Satish Mehta sold 71,365 shares of the business's stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $35.60, for a total transaction of $2,540,594.00. Following the sale, the chief technology officer now directly owns 262,853 shares of the company's stock, valued at $9,357,566.80. The trade was a 21.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Sumit Singh sold 8,552 shares of the firm's stock in a transaction that occurred on Wednesday, April 2nd. The shares were sold at an average price of $33.35, for a total value of $285,209.20. Following the completion of the transaction, the chief executive officer now owns 62,096 shares of the company's stock, valued at approximately $2,070,901.60. This represents a 12.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 307,411 shares of company stock valued at $11,928,229 in the last three months. Corporate insiders own 2.10% of the company's stock.

Institutional Investors Weigh In On Chewy

Large investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. lifted its stake in Chewy by 1.5% in the first quarter. Goldman Sachs Group Inc. now owns 1,176,138 shares of the company's stock valued at $38,236,000 after acquiring an additional 17,788 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Chewy by 31.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 383,966 shares of the company's stock valued at $12,483,000 after purchasing an additional 92,129 shares during the last quarter. Royal Bank of Canada raised its position in shares of Chewy by 2.5% in the first quarter. Royal Bank of Canada now owns 220,509 shares of the company's stock valued at $7,168,000 after purchasing an additional 5,466 shares during the period. NewEdge Advisors LLC lifted its stake in shares of Chewy by 5,238.3% during the 1st quarter. NewEdge Advisors LLC now owns 32,510 shares of the company's stock worth $1,057,000 after buying an additional 31,901 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Chewy in the 1st quarter valued at about $510,000. Institutional investors and hedge funds own 93.09% of the company's stock.

About Chewy

Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.