Brokerages Set Chewy (NYSE:CHWY) PT at $47.21

Chewy (NYSE:CHWY) has been given a consensus recommendation of “Moderate Buy” by the twenty-one ratings firms that are presently covering the firm, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation, sixteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $47.2105.

A number of analysts have recently issued reports on the company. The Goldman Sachs Group raised their price objective on Chewy from $44.00 to $52.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Wedbush set a $42.00 price target on Chewy and gave the company an “outperform” rating in a research note on Wednesday, December 10th. TD Cowen reaffirmed a “buy” rating on shares of Chewy in a report on Thursday, December 4th. Needham & Company LLC reiterated a “hold” rating on shares of Chewy in a report on Thursday, December 11th. Finally, Citigroup restated a “market outperform” rating on shares of Chewy in a research note on Monday, November 24th.

Insider Buying and Selling

In other Chewy news, CEO Sumit Singh sold 40,789 shares of the company’s stock in a transaction on Tuesday, December 2nd. The stock was sold at an average price of $33.73, for a total value of $1,375,812.97. Following the transaction, the chief executive officer directly owned 623,185 shares of the company’s stock, valued at $21,020,030.05. This represents a 6.14% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CTO Satish Mehta sold 13,013 shares of the company’s stock in a transaction dated 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 transaction, the chief technology officer owned 273,835 shares in the company, valued at $7,938,476.65. This trade represents a 4.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 69,369 shares of company stock valued at $2,276,360. Corporate insiders own 0.43% of the company’s stock.

Institutional Trading of Chewy

Institutional investors and hedge funds have recently made changes to their positions in the company. Illinois Municipal Retirement Fund increased its stake in Chewy by 22.1% in the fourth quarter. Illinois Municipal Retirement Fund now owns 145,771 shares of the company’s stock valued at $4,818,000 after acquiring an additional 26,407 shares during the last quarter. Deutsche Bank AG boosted its holdings in shares of Chewy by 521.2% in the 4th quarter. Deutsche Bank AG now owns 945,492 shares of the company’s stock valued at $31,249,000 after purchasing an additional 793,294 shares in the last quarter. GW&K Investment Management LLC increased its stake in shares of Chewy by 36.5% in the 4th quarter. GW&K Investment Management LLC now owns 2,142 shares of the company’s stock valued at $71,000 after purchasing an additional 573 shares during the last quarter. Motley Fool Asset Management LLC raised its holdings in shares of Chewy by 8.1% during the 4th quarter. Motley Fool Asset Management LLC now owns 7,300 shares of the company’s stock worth $241,000 after buying an additional 546 shares in the last quarter. Finally, Cerity Partners LLC lifted its position in shares of Chewy by 9.6% during the 4th quarter. Cerity Partners LLC now owns 188,710 shares of the company’s stock worth $6,237,000 after buying an additional 16,507 shares during the last quarter. Institutional investors own 93.09% of the company’s stock.

Chewy Stock Down 4.6%

NYSE:CHWY opened at $25.95 on Monday. The firm has a market capitalization of $10.77 billion, a price-to-earnings ratio of 54.05, a price-to-earnings-growth ratio of 1.83 and a beta of 1.59. Chewy has a twelve month low of $25.69 and a twelve month high of $48.62. The stock’s 50 day moving average price is $31.78 and its two-hundred day moving average price is $35.14.

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

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.