We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Chewy (CHWY) Stock Moves -0.49%: What You Should Know
Read MoreHide Full Article
Chewy (CHWY - Free Report) closed the most recent trading day at $46.91, moving -0.49% from the previous trading session. This change was narrower than the S&P 500's 1.55% loss on the day. At the same time, the Dow lost 1.76%, and the tech-heavy Nasdaq lost 0.21%.
Coming into today, shares of the online pet store had lost 0.99% in the past month. In that same time, the Consumer Staples sector lost 1.16%, while the S&P 500 lost 2.89%.
Wall Street will be looking for positivity from Chewy as it approaches its next earnings report date. The company is expected to report EPS of -$0.07, down 163.64% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.43 billion, up 18.77% from the year-ago period.
Investors should also note any recent changes to analyst estimates for Chewy. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Chewy is holding a Zacks Rank of #5 (Strong Sell) right now.
The Consumer Products - Staples industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 238, putting it in the bottom 7% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CHWY in the coming trading sessions, be sure to utilize Zacks.com.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Chewy (CHWY) Stock Moves -0.49%: What You Should Know
Chewy (CHWY - Free Report) closed the most recent trading day at $46.91, moving -0.49% from the previous trading session. This change was narrower than the S&P 500's 1.55% loss on the day. At the same time, the Dow lost 1.76%, and the tech-heavy Nasdaq lost 0.21%.
Coming into today, shares of the online pet store had lost 0.99% in the past month. In that same time, the Consumer Staples sector lost 1.16%, while the S&P 500 lost 2.89%.
Wall Street will be looking for positivity from Chewy as it approaches its next earnings report date. The company is expected to report EPS of -$0.07, down 163.64% from the prior-year quarter. Our most recent consensus estimate is calling for quarterly revenue of $2.43 billion, up 18.77% from the year-ago period.
Investors should also note any recent changes to analyst estimates for Chewy. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection remained stagnant. Chewy is holding a Zacks Rank of #5 (Strong Sell) right now.
The Consumer Products - Staples industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 238, putting it in the bottom 7% of all 250+ industries.
The Zacks Industry Rank includes is listed in order from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow CHWY in the coming trading sessions, be sure to utilize Zacks.com.