Chewy (NYSE:CHWY – Get Free Report) issued an update on its first quarter 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.300-0.350 for the period, compared to the consensus EPS estimate of 0.320. The company issued revenue guidance of $3.1 billion-$3.1 billion, compared to the consensus revenue estimate of $3.0 billion. Chewy also updated its FY 2025 guidance to EPS.
Wall Street Analyst Weigh In
A number of equities research analysts recently commented on the stock. The Goldman Sachs Group upped their price target on shares of Chewy from $40.00 to $45.00 and gave the company a “buy” rating in a report on Thursday. Morgan Stanley boosted their price target on Chewy from $38.00 to $40.00 and gave the stock an “overweight” rating in a research report on Monday, January 13th. Wedbush reiterated an “outperform” rating and issued a $39.00 target price on shares of Chewy in a research note on Thursday. Barclays lifted their price target on shares of Chewy from $40.00 to $44.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Royal Bank of Canada reiterated an “outperform” rating and set a $42.00 price objective on shares of Chewy in a research report on Thursday. Six equities research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $38.68.
View Our Latest Stock Report on CHWY
Chewy Trading Down 1.7 %
Chewy (NYSE:CHWY – Get Free Report) last released its earnings results on Wednesday, March 26th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.03 by $0.25. Chewy had a net margin of 3.51% and a return on equity of 24.47%. The business had revenue of $3.25 billion for the quarter, compared to the consensus estimate of $3.20 billion. During the same period in the previous year, the firm earned $0.07 EPS. The business’s revenue for the quarter was up 15.0% on a year-over-year basis. As a group, equities analysts predict that Chewy will post 0.24 earnings per share for the current year.
Insider Buying and Selling at Chewy
In related news, CFO David Reeder sold 307,558 shares of the firm’s stock in a transaction on Friday, February 7th. The stock was sold at an average price of $37.48, for a total transaction of $11,527,273.84. Following the completion of the sale, the chief financial officer now directly owns 546,257 shares of the company’s stock, valued at $20,473,712.36. This trade represents a 36.02 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Sumit Singh sold 9,285 shares of the company’s stock in a transaction on Thursday, January 30th. The shares were sold at an average price of $40.00, for a total value of $371,400.00. Following the transaction, the chief executive officer now directly owns 489,750 shares in the company, valued at $19,590,000. This trade represents a 1.86 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 8,083,269 shares of company stock worth $290,611,129 over the last three months. Corporate insiders own 2.10% of the company’s stock.
Chewy Company Profile
Chewy, Inc, together with its subsidiaries, engages in the pure play e-commerce business in the United States. It provides pet food and treats, pet supplies and pet medications, and other pet-health products, as well as pet services for dogs, cats, fish, birds, small pets, horses, and reptiles through its retail websites and mobile applications.
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