CHWY Stock: What You Need to Know
About CHWY Stock
CHWY is the stock symbol for Chewy Inc., an online retailer of pet food and products.
The company was founded in 2011 and is headquartered in Dania Beach, Florida.
Chewy Inc. is a publicly traded company on the New York Stock Exchange (NYSE).
CHWY Stock Price History
CHWY stock has performed well in recent years.
In 2022, the stock price increased by over 50%.
In 2023, the stock price has continued to rise, and is currently trading at around $40 per share.
CHWY Stock News
Recent CHWY stock news includes:
- Chewy Inc. reported better-than-expected second-quarter 2024 results.
- The company reaffirmed its annual guidance.
- CHWY stock gained 14% on Wednesday following the news.
Vital Information for Stock Trading and Investing
Here is some vital information for stock trading and investing in CHWY:
Key Financials
- Revenue: $9.2 billion (2022)
- Net income: $256 million (2022)
- Diluted EPS: $1.02 (2022)
Institutional Ownership
- Vanguard Group: 8.3%
- BlackRock Fund Advisors: 5.1%
- SSgA Funds Management: 4.2%
Analyst Ratings
- Buy: 21
- Hold: 6
- Sell: 1
Competitors
- Amazon.com
- Petco
- PetSmart
Conclusion
CHWY stock is a good investment for those who are looking for a company with strong fundamentals and a track record of growth.
The company's recent earnings report and reaffirmed annual guidance are positive signs for the future.
However, investors should be aware of the risks associated with investing in any stock, including CHWY.
Comments