Latest news with #Chewy
Forbes
an hour ago
- Business
- Forbes
Chewy Earnings To Deliver?
Chewy (NYSE:CHWY) is expected to release its earnings around June 11. Chewy offers food and supplies for a range of pets and is also involved in emerging pet industry sectors such as personalized products, pet insurance, and pet telehealth, with a market capitalization of $19 billion. Consensus forecasts indicate revenues near $3.08 billion for the quarter, reflecting an increase of approximately 7% compared to the previous year, while earnings are anticipated to be around $0.34 per share. This growth is likely fueled by an expanding customer base relative to last year, along with an increased adoption of Chewy's Autoship subscription service, which enables customers to arrange for regular deliveries of pet supplies. Over the past twelve months, revenue reached $12 billion, and the company was operationally profitable, generating $113 million in operating profits and a net income of $393 million. However, for those seeking upside potential with reduced volatility than individual stocks, the Trefis High Quality portfolio offers an alternative, having surpassed the S&P 500 and achieved returns exceeding 91% since its inception. See earnings reaction history of all stocks Here are some observations on one-day (1D) post-earnings returns: Additional information on observed 5-Day (5D) and 21-Day (21D) returns after earnings is compiled along with statistics in the table below. CHWY 1D, 5D, and 21D Post-Earnings Return Trefis A relatively lower-risk approach (though ineffective if the correlation is low) involves evaluating the correlation between short-term and medium-term returns following earnings, identifying a pair with the highest correlation, and executing the appropriate trade. For example, if 1D and 5D exhibit the strongest correlation, a trader can position themselves 'long' for the next 5 days assuming the 1D post-earnings return is positive. Below is some correlation data based on a 5-year and a 3-year (more recent) history. Note that the correlation 1D_5D refers to the relationship between 1D post-earnings returns and the subsequent 5D returns. Learn more about Trefis RV strategy that has outperformed its all-cap stocks benchmark (a combination of the S&P 500, S&P mid-cap, and Russell 2000), delivering strong returns for investors. Additionally, if you desire upside with a smoother experience compared to an individual stock like Chewy, consider the High Quality portfolio, which has exceeded the S&P and achieved returns greater than 91% since inception.
Yahoo
2 days ago
- Business
- Yahoo
Chewy (CHWY) Rises Yet Lags Behind Market: Some Facts Worth Knowing
The latest trading session saw Chewy (CHWY) ending at $47.62, denoting a +0.34% adjustment from its last day's close. The stock's change was less than the S&P 500's daily gain of 0.58%. Elsewhere, the Dow gained 0.51%, while the tech-heavy Nasdaq added 0.81%. The online pet store's stock has climbed by 25.52% in the past month, exceeding the Retail-Wholesale sector's gain of 3.83% and the S&P 500's gain of 4.61%. The upcoming earnings release of Chewy will be of great interest to investors. The company's earnings report is expected on June 11, 2025. The company is forecasted to report an EPS of $0.34, showcasing a 9.68% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $3.07 billion, up 6.85% from the prior-year quarter. CHWY's full-year Zacks Consensus Estimates are calling for earnings of $1.23 per share and revenue of $12.4 billion. These results would represent year-over-year changes of +18.27% and +4.52%, respectively. Any recent changes to analyst estimates for Chewy should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the company's business and profitability. Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system. The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has remained steady. Chewy is currently a Zacks Rank #3 (Hold). Looking at valuation, Chewy is presently trading at a Forward P/E ratio of 38.55. This indicates a premium in contrast to its industry's Forward P/E of 25.26. We can additionally observe that CHWY currently boasts a PEG ratio of 4.08. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Internet - Commerce industry had an average PEG ratio of 1.42 as trading concluded yesterday. The Internet - Commerce industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 66, putting it in the top 27% of all 250+ industries. The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. Be sure to follow all of these stock-moving metrics, and many more, on Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chewy (CHWY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
2 Mooning Stocks with Competitive Advantages and 1 to Think Twice About
The stocks in this article are all trading near their 52-week highs. This strength often reflects positive developments such as new product launches, favorable industry trends, or improved financial performance. But not every company with momentum is a long-term winner, and plenty of investors have lost money betting on short-term fads. On that note, here are two stocks with lasting competitive advantages and one not so much. One-Month Return: +25.5% Founded by Ryan Cohen, who later became known for his involvement in GameStop, Chewy (NYSE:CHWY) is an online retailer specializing in pet food, supplies, and healthcare services. Why Is CHWY Not Exciting? Scale is a double-edged sword because it limits the company's growth potential compared to its smaller competitors, as reflected in its below-average annual revenue increases of 9.8% for the last three years Estimated sales growth of 4.5% for the next 12 months implies demand will slow from its three-year trend Bad unit economics and steep infrastructure costs are reflected in its low gross margin of 28.8% Chewy is trading at $47.46 per share, or 29.9x forward EV/EBITDA. To fully understand why you should be careful with CHWY, check out our full research report (it's free). One-Month Return: +25.9% After successfully selling all four of his previous cybersecurity companies, Jay Chaudhry's fifth venture, Zscaler (NASDAQ:ZS) offers software-as-a-service that helps companies securely connect to applications and networks in the cloud. Why Do We Like ZS? ARR trends over the last year show it's maintaining a steady flow of long-term contracts that contribute positively to its revenue predictability Forecasted revenue growth of 19.5% for the next 12 months indicates its momentum over the last three years is sustainable Robust free cash flow margin of 27.1% gives it many options for capital deployment At $293.30 per share, Zscaler trades at 14.9x forward price-to-sales. Is now the time to initiate a position? Find out in our full research report, it's free. One-Month Return: +2.7% Operating as a critical link in the healthcare supply chain since 1979, Cardinal Health (NYSE:CAH) distributes pharmaceuticals and manufactures medical products for hospitals, pharmacies, and healthcare providers across the global healthcare supply chain. Why Are We Fans of CAH? Unparalleled scale of $222.3 billion in revenue gives it negotiating leverage and staying power in an industry with high barriers to entry Projected revenue growth of 8.4% for the next 12 months indicates demand will rise above its two-year trend Earnings growth has topped the peer group average over the last five years as its EPS has compounded at 7.7% annually Cardinal Health's stock price of $156.14 implies a valuation ratio of 17.8x forward P/E. Is now the right time to buy? See for yourself in our in-depth research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 183% over the last five years (as of March 31st 2025). Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données
Yahoo
3 days ago
- Business
- Yahoo
Is It Worth Investing in Chewy (CHWY) Based on Wall Street's Bullish Views?
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Let's take a look at what these Wall Street heavyweights have to say about Chewy (CHWY) before we discuss the reliability of brokerage recommendations and how to use them to your advantage. Chewy currently has an average brokerage recommendation (ABR) of 1.61, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 28 brokerage firms. An ABR of 1.61 approximates between Strong Buy and Buy. Of the 28 recommendations that derive the current ABR, 19 are Strong Buy and one is Buy. Strong Buy and Buy respectively account for 67.9% and 3.6% of all recommendations. Check price target & stock forecast for Chewy here>>>While the ABR calls for buying Chewy, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential. Are you wondering why? The vested interest of brokerage firms in a stock they cover often results in a strong positive bias of their analysts in rating it. Our research shows that for every "Strong Sell" recommendation, brokerage firms assign five "Strong Buy" recommendations. This means that the interests of these institutions are not always aligned with those of retail investors, giving little insight into the direction of a stock's future price movement. It would therefore be best to use this information to validate your own analysis or a tool that has proven to be highly effective at predicting stock price movements. With an impressive externally audited track record, our proprietary stock rating tool, the Zacks Rank, which classifies stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), is a reliable indicator of a stock's near -term price performance. So, validating the Zacks Rank with ABR could go a long way in making a profitable investment decision. Although both Zacks Rank and ABR are displayed in a range of 1-5, they are different measures altogether. The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5. Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide. In contrast, the Zacks Rank is driven by earnings estimate revisions. And near-term stock price movements are strongly correlated with trends in earnings estimate revisions, according to empirical research. In addition, the different Zacks Rank grades are applied proportionately to all stocks for which brokerage analysts provide current-year earnings estimates. In other words, this tool always maintains a balance among its five ranks. Another key difference between the ABR and Zacks Rank is freshness. The ABR is not necessarily up-to-date when you look at it. But, since brokerage analysts keep revising their earnings estimates to account for a company's changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in indicating future price movements. Looking at the earnings estimate revisions for Chewy, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $1.23. Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term. The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Chewy. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Chewy. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chewy (CHWY) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Int'l Business Times
7 days ago
- Business
- Int'l Business Times
GameStop Buys $500 Million in Bitcoin in First Major Crypto Move
A general view of a Game Stop store on September 15, 2022 in Levittown, New York, United States. GameStop has taken its first major step into the world of cryptocurrency. On Wednesday, the video game retailer announced it purchased 4,710 bitcoins, spending more than $500 million. The move marks a new chapter for the company, which has been working to shift its focus and stay competitive. GameStop bought approximately $512.6 million worth of Bitcoin when the cryptocurrency was trading at around $108,837. This is GameStop's first venture into buying cryptocurrency. The company had already shared its plans in March, when its board agreed to use some of its money to invest in bitcoin. CEO Ryan Cohen, also known as the co-founder of Chewy, shared the reason behind the move in a video at the Bitcoin 2025 Conference in Las Vegas, CBS News said. He said the Bitcoin investment could help safeguard the company from financial risks. "Bitcoin has certain unique advantages compared to gold, the portability aspect of it," Cohen said. "It's instantly transferable across the globe. It's instantly verified via the blockchain... there's the scarcity element of it as well." 🎮 GameStop buys 4,710 BTC worth $512MFrom meme stocks to digital gold. The gamer-to-hodler arc is complete Press F to pay fiat 💾 — Telbloggram (@Telbloggram) May 29, 2025 GameStop Joins Crypto Race, Says Strategy Is Unique Cohen made it clear that this strategy is unique to GameStop. "GameStop is following GameStop's strategy. We're not following anyone else's strategy," he said. According to CNBC , GameStop's decision follows similar moves by other big names. MicroStrategy, now renamed Strategy, has become the largest corporate bitcoin holder after buying large amounts over the past few years. This trend is growing as more companies turn to bitcoin as a backup plan for global economic changes. GameStop is also not the only one jumping into crypto recently. Just one day earlier, Trump Media and Technology Group announced plans to raise $2.5 billion to invest in bitcoin. Bitcoin prices have been rising since Donald Trump was re-elected in November, with some leaders in his administration showing support for digital currencies. Even though GameStop's stock dropped nearly 11% on Wednesday, the company still has a strong cash reserve of $4.76 billion. With this latest investment, GameStop is hoping to stay ahead and find new ways to grow. Originally published on © {{Year}} All rights reserved. Do not reproduce without permission.
