Chewy (NYSE:CHWY) Sets New 52-Week Low – Should You Sell?

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

Analyst Upgrades and Downgrades

CHWY has been the subject of several research reports. Morgan Stanley upped their price objective on shares of Chewy from $48.00 to $51.00 and gave the company an “overweight” rating in a research note on Tuesday, January 13th. Wolfe Research set a $44.00 price target on Chewy in a report on Monday, January 5th. Citigroup reiterated a “market outperform” rating on shares of Chewy in a report on Monday, November 24th. Barclays increased their target price on Chewy from $47.00 to $52.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Finally, Wall Street Zen upgraded Chewy from a “hold” rating to a “buy” rating in a research note on Saturday. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company. According to 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 stock has a market cap of $9.71 billion, a P/E ratio of 48.74, a PEG ratio of 1.63 and a beta of 1.59. The business’s 50 day simple moving average is $31.21 and its 200 day simple moving average is $34.88.

Chewy (NYSE:CHWY) last announced its quarterly earnings data on Wednesday, December 10th. The company reported $0.32 EPS 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 firm had revenue of $3.12 billion during the quarter, compared to analyst estimates of $3.10 billion. During the same period last 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. Research analysts predict that Chewy will post 0.24 earnings per share for the current year.

Insider Transactions at Chewy

In other Chewy news, CEO Sumit Singh sold 40,789 shares of Chewy stock in a transaction on Tuesday, December 2nd. The shares were 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 of the company’s stock, valued at $21,020,030.05. The trade was a 6.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CTO Satish Mehta sold 13,013 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $28.99, for a total value of $377,246.87. Following the sale, the chief technology officer directly owned 273,835 shares in the company, valued at $7,938,476.65. This represents a 4.54% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 69,369 shares of company stock valued at $2,276,360. Insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Royal Bank of Canada grew its stake in shares of Chewy by 2.5% in 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Chewy during the first quarter valued at approximately $510,000. NewEdge Advisors LLC raised its position in shares of Chewy by 5,238.3% in the first 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 in the last quarter. Goldman Sachs Group Inc. raised its position in Chewy by 1.5% during the first 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 in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position 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 acquiring an additional 92,129 shares during the period. Institutional investors and hedge funds 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.