NYSE:CHWY Chewy (CHWY) Stock Forecast, Price & News $35.51 -0.34 (-0.95%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$34.87▼$36.4950-Day Range$29.49▼$37.3852-Week Range$26.47▼$52.88Volume7.36 million shsAverage Volume4.54 million shsMarket Capitalization$15.16 billionP/E Ratio295.92Dividend YieldN/APrice Target$43.24 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Chewy MarketRank™ ForecastAnalyst RatingModerate Buy2.62 Rating ScoreUpside/Downside20.1% Upside$42.65 Price TargetShort InterestHealthy4.94% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.41Based on 76 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.10) to $0.06 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.20 out of 5 starsConsumer Staples Sector69th out of 139 stocksCatalog & Mail - Order Houses Industry13th out of 29 stocks 3.3 Analyst's Opinion Consensus RatingChewy has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 12 buy ratings, 8 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $42.65, Chewy has a forecasted upside of 20.1% from its current price of $35.51.Amount of Analyst CoverageChewy has been the subject of 12 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 4.0 Short Interest Percentage of Shares Shorted4.94% of the outstanding shares of Chewy have been sold short.Short Interest Ratio / Days to CoverChewy has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in Chewy has recently decreased by 9.01%, indicating that investor sentiment is improving significantly. Previous Next 0.0 Dividend Strength Dividend YieldChewy does not currently pay a dividend.Dividend GrowthChewy does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CHWY. Previous Next 3.0 News and Social Media Coverage News SentimentChewy has a news sentiment score of 0.41. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.57 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 76 news articles for Chewy this week, compared to 10 articles on an average week.Search Interest86 people have searched for CHWY on MarketBeat in the last 30 days. This is an increase of 41% compared to the previous 30 days.MarketBeat Follows18 people have added Chewy to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Chewy insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.80% of the stock of Chewy is held by insiders.Percentage Held by Institutions99.05% of the stock of Chewy is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Chewy are expected to grow in the coming year, from ($0.10) to $0.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Chewy is 295.92, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 133.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Chewy is 295.92, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 18.18.Price to Book Value per Share RatioChewy has a P/B Ratio of 53.80. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Chewy (NYSE:CHWY) StockChewy, Inc. operates as a pure-play pet e-tailer in the United States. It supplies pet medications, food, treats and other pet-health products and services for dogs, cats, fish, birds, small pets, horses, and reptiles. The company was founded by Ryan Cohen and Michael Day in September 2011 and is headquartered in Dania Beach, FL.Read More Receive CHWY Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Chewy and its competitors with MarketBeat's FREE daily newsletter. Email Address CHWY Stock News HeadlinesJune 3, 2023 | marketbeat.comMarketBeat Week in Review – 5/29 - 6/2 (CHWY)The markets ended the week with a sharp rally, but the S&P 500 is now near a key resistance level as investors wait for the Fed and upcoming inflation readings.June 1, 2023 | marketbeat.comChewy.com Gets A Mouthful Of Profits: Shares Surge, More To ComeChewy.com gave the market what it wanted and now the shares are surging. Short interest may drive volatility bt the reversal is on.June 4, 2023 | Stocks To Trade (Ad)15 A.I. Trading Opportunities a DayUsing our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 24, 2023 | marketbeat.comPetCo Management Getting it Right? Earnings Beat Says YesShares of PetCo are sliding after initially negative earnings results, long-term investors willing to go through the company's growth stage will see a rallyMay 23, 2023 | marketbeat.comPetMed Express: Charts Say This Could Be The Bottom (CHWY)PetMed Express has a high 8% yield that comes with risk. The company is on track with a turnaround, and the institutions have been buying.June 4, 2023 | americanbankingnews.comWedbush Analysts Increase Earnings Estimates for Chewy, Inc. (NYSE:CHWY)June 3, 2023 | msn.comRats chew through Winthrop woman's car, destroy itJune 3, 2023 | americanbankingnews.comThe Goldman Sachs Group Increases Chewy (NYSE:CHWY) Price Target to $42.00June 4, 2023 | Altimetry (Ad)Biden's latest bailout--terrible for America?And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—June 3, 2023 | americanbankingnews.comChewy Sees Unusually Large Options Volume (NYSE:CHWY)June 2, 2023 | bizjournals.comChewy earned billions last quarter. Here's what's driving majority of its sales.June 2, 2023 | markets.businessinsider.comAnalysts Are Bullish on Top NA Stocks: Lululemon Athletica (LULU), Chewy (CHWY)June 2, 2023 | cnbc.comChewy's First Investor Larry Cheng Reflects On Working With Ryan CohenJune 2, 2023 | benzinga.comChewy Unusual Options Activity For June 02June 2, 2023 | finance.yahoo.comChewy's Going International. Is the Stock a Buy?June 2, 2023 | baystreet.caU.S. Pet Retailer Chewy Expands Into CanadaJune 2, 2023 | msn.comBarclays Maintains Chewy Inc - (CHWY) Equal-Weight RecommendationJune 2, 2023 | americanbankingnews.comQ3 2024 EPS Estimates for Chewy, Inc. (NYSE:CHWY) Reduced by AnalystJune 2, 2023 | msn.comChewy stock skyrockets 14% after profit, sales top Wall Street viewsJune 1, 2023 | barrons.comThese Stocks Are Moving the Most Today: C3.ai, Salesforce, Chewy, Dollar General, and More StockJune 1, 2023 | markets.businessinsider.comChewy (CHWY) Receives a Buy from Roth MKMJune 1, 2023 | investorplace.com5 Investors Betting Big on Chewy (CHWY) Stock Right NowJune 1, 2023 | msn.comStocks making the biggest moves midday: Dollar General, Salesforce, C3.ai, Chewy & moreJune 1, 2023 | markets.businessinsider.com19 Analysts Have This to Say About ChewyJune 1, 2023 | msn.comWhy Chewy Stock Skyrocketed TodayJune 1, 2023 | realmoney.thestreet.comIs Chewy Barking Up the Right Technical Tree?June 1, 2023 | cbsnews.comChew food innovation lab is redefining the future of foodSee More Headlines CHWY Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CHWY Company Calendar Last Earnings3/22/2023Today6/03/2023Next Earnings (Estimated)8/29/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Catalog & mail-order houses Sub-IndustryN/A SectorConsumer Staples Current SymbolNYSE:CHWY CUSIPN/A CIK1766502 Webwww.chewy.com Phone(786) 320-7111FaxN/AEmployees19,400Year Founded2011Price Target and Rating Average Stock Price Forecast$42.65 High Stock Price Forecast$56.00 Low Stock Price Forecast$26.00 Forecasted Upside/Downside+21.8%Consensus RatingModerate Buy Rating Score (0-4)2.62 Research Coverage20 Analysts Profitability EPS (Most Recent Fiscal Year)$0.12 Trailing P/E Ratio295.92 Forward P/E RatioN/A P/E GrowthN/ANet Income$49.23 million Net Margins0.51% Pretax Margin0.54% Return on Equity39.90% Return on Assets3.07% Debt Debt-to-Equity RatioN/A Current Ratio0.92 Quick Ratio0.48 Sales & Book Value Annual Sales$10.10 billion Price / Sales1.50 Cash Flow$0.34 per share Price / Cash Flow104.53 Book Value$0.66 per share Price / Book53.80Miscellaneous Outstanding Shares426,950,000Free Float419,260,000Market Cap$15.16 billion OptionableNot Optionable Beta0.76 Social Links Key ExecutivesSumit SinghChief Executive Officer & DirectorMario J. MarteChief Financial OfficerSatish MehtaChief Technology OfficerMark EamerChief Marketing OfficerStacy BowmanPrincipal Accounting OfficerKey CompetitorsMolson Coors BeverageNYSE:TAPAlbertsons CompaniesNYSE:ACICampbell SoupNYSE:CPBJ. M. SmuckerNYSE:SJMAramarkNYSE:ARMKView All CompetitorsInsiders & InstitutionsOntario Teachers Pension Plan BoardBought 446 shares on 6/1/2023Ownership: 0.007%Prelude Capital Management LLCBought 27,578 shares on 6/1/2023Ownership: 0.006%ProShare Advisors LLCBought 183,761 shares on 5/26/2023Ownership: 0.074%Fortis Group Advisors LLCBought 10,486 shares on 5/26/2023Ownership: 0.002%Mint Tower Capital Management B.V.Sold 25,400 shares on 5/24/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions CHWY Stock - Frequently Asked Questions Should I buy or sell Chewy stock right now? 20 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Chewy in the last twelve months. There are currently 8 hold ratings and 12 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CHWY shares. View CHWY analyst ratings or view top-rated stocks. What is Chewy's stock price forecast for 2023? 20 brokers have issued twelve-month target prices for Chewy's stock. Their CHWY share price forecasts range from $26.00 to $56.00. On average, they predict the company's stock price to reach $42.65 in the next twelve months. This suggests a possible upside of 20.1% from the stock's current price. View analysts price targets for CHWY or view top-rated stocks among Wall Street analysts. How have CHWY shares performed in 2023? Chewy's stock was trading at $37.08 at the start of the year. Since then, CHWY shares have decreased by 4.2% and is now trading at $35.51. View the best growth stocks for 2023 here. Are investors shorting Chewy? Chewy saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 21,110,000 shares, a drop of 9.0% from the April 30th total of 23,200,000 shares. Based on an average daily trading volume, of 4,020,000 shares, the days-to-cover ratio is currently 5.3 days. View Chewy's Short Interest. When is Chewy's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 29th 2023. View our CHWY earnings forecast. How were Chewy's earnings last quarter? Chewy, Inc. (NYSE:CHWY) posted its quarterly earnings data on Wednesday, March, 22nd. The company reported $0.04 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.24) by $0.28. The business earned $2.71 billion during the quarter, compared to analysts' expectations of $2.64 billion. Chewy had a trailing twelve-month return on equity of 39.90% and a net margin of 0.51%. What ETFs hold Chewy's stock? ETFs with the largest weight of Chewy (NYSE:CHWY) stock in their portfolio include ProShares Pet Care ETF (PAWZ), ProShares Online Retail ETF (ONLN), ProShares Long Online/Short Stores ETF (CLIX), American Customer Satisfaction ETF (ACSI), Amplify Online Retail ETF (IBUY), First Trust S-Network Global E-Commerce ETF (ISHP), SPDR S&P Retail ETF (XRT) and Motley Fool Next Index ETF (TMFX). What guidance has Chewy issued on next quarter's earnings? Chewy updated its first quarter 2023 earnings guidance on Thursday, March, 23rd. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $2.72 billion-$2.74 billion, compared to the consensus revenue estimate of $2.67 billion. What is Sumit Singh's approval rating as Chewy's CEO? 365 employees have rated Chewy Chief Executive Officer Sumit Singh on Glassdoor.com. Sumit Singh has an approval rating of 63% among the company's employees. This puts Sumit Singh in the bottom 25% of approval ratings compared to other CEOs of publicly-traded companies. What other stocks do shareholders of Chewy own? Based on aggregate information from My MarketBeat watchlists, some companies that other Chewy investors own include NVIDIA (NVDA), Tesla (TSLA), Advanced Micro Devices (AMD), Walt Disney (DIS), DocuSign (DOCU), Block (SQ), Zoom Video Communications (ZM), Netflix (NFLX), Micron Technology (MU) and Alibaba Group (BABA). When did Chewy IPO? (CHWY) raised $749 million in an IPO on Friday, June 14th 2019. The company issued 41,600,000 shares at a price of $17.00-$19.00 per share. Morgan Stanley, J.P. Morgan and Allen & Company acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Jefferies, RBC Capital Markets, UBS Investment Bank, Wells Fargo Securities, Nomura, Raymond James and William Blair were co-managers. What is Chewy's stock symbol? Chewy trades on the New York Stock Exchange (NYSE) under the ticker symbol "CHWY." Who are Chewy's major shareholders? Chewy's stock is owned by a variety of retail and institutional investors. Top institutional investors include Baillie Gifford & Co. (3.87%), Brown Advisory Inc. (1.57%), Wellington Management Group LLP (1.30%), BlackRock Inc. (0.62%), Two Sigma Advisers LP (0.54%) and Susquehanna International Group LLP (0.00%). Insiders that own company stock include Argos Holdings Gp Llc, James A Star, James A Star, James Kevin Symancyk, Mario Jesus Marte, Satish Mehta, Stacy Bowman, Sumit Singh and Susan Helfrick. View institutional ownership trends. How do I buy shares of Chewy? Shares of CHWY stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Chewy's stock price today? One share of CHWY stock can currently be purchased for approximately $35.51. How much money does Chewy make? Chewy (NYSE:CHWY) has a market capitalization of $15.16 billion and generates $10.10 billion in revenue each year. The company earns $49.23 million in net income (profit) each year or $0.12 on an earnings per share basis. How many employees does Chewy have? The company employs 19,400 workers across the globe. How can I contact Chewy? Chewy's mailing address is 1855 GRIFFIN ROAD SUITE B-428, DANIA BEACH FL, 33004. The official website for the company is www.chewy.com. The company can be reached via phone at (786) 320-7111 or via email at ir@chewy.com. This page (NYSE:CHWY) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Chewy, Inc. 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