Chewy (NYSE:CHWY) Sets New 12-Month Low – Here’s Why

Chewy (NYSE:CHWY) shares hit a new 52-week low on Tuesday . The company traded as low as $23.51 and last traded at $23.46, with a volume of 329410 shares. The stock had previously closed at $24.23.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on CHWY shares. 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 report on Thursday, December 11th. Mizuho reiterated an “outperform” rating and set a $50.00 target price on shares of Chewy in a research report on Tuesday, November 4th. Piper Sandler restated an “overweight” rating on shares of Chewy in a research report on Thursday, February 5th. Wall Street Zen upgraded shares of Chewy from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, Wolfe Research set a $44.00 target price on Chewy in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $47.21.

Chewy Price Performance

The company has a market cap of $9.71 billion, a PE ratio of 48.74, a price-to-earnings-growth ratio of 1.63 and a beta of 1.59. The company’s 50 day simple moving average is $31.21 and its two-hundred day simple moving average is $34.88.

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

Insider Buying and Selling

In related news, CEO Sumit Singh sold 40,789 shares of the business’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $33.73, for a total value of $1,375,812.97. Following the sale, the chief executive officer directly owned 623,185 shares in the company, valued at $21,020,030.05. The trade was a 6.14% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CTO Satish Mehta sold 13,013 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $28.99, for a total transaction of $377,246.87. Following the completion of the sale, the chief technology officer owned 273,835 shares in the company, valued at $7,938,476.65. This represents a 4.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 69,369 shares of company stock valued at $2,276,360 over the last ninety days. 0.43% of the stock is owned by insiders.

Institutional Investors Weigh In On Chewy

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

Chewy Company Profile

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.