Chewy (NYSE:CHWY) Posts Quarterly Earnings Results, Beats Estimates By $0.25 EPS

Chewy (NYSE:CHWY) posted its earnings results on Wednesday. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.03 by $0.25, Briefing.com reports. 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 last year, the company earned $0.07 EPS. The firm’s revenue was up 15.0% compared to the same quarter last year. Chewy updated its Q1 2025 guidance to 0.300-0.350 EPS and its FY 2025 guidance to EPS.

Chewy Trading Down 1.3 %

CHWY stock traded down $0.43 during trading on Friday, reaching $32.26. 1,402,507 shares of the stock were exchanged, compared to its average volume of 5,288,007. Chewy has a twelve month low of $14.69 and a twelve month high of $40.09. The firm’s 50 day moving average is $36.00 and its 200 day moving average is $33.13. The firm has a market cap of $13.14 billion, a P/E ratio of 35.45, a price-to-earnings-growth ratio of 2.21 and a beta of 1.23.

Analysts Set New Price Targets

CHWY has been the topic of a number of recent research reports. The Goldman Sachs Group lifted their price target on shares of Chewy from $40.00 to $45.00 and gave the stock a “buy” rating in a report on Thursday. Argus raised Chewy from a “hold” rating to a “buy” rating in a research note on Thursday, January 23rd. JMP Securities reaffirmed a “market outperform” rating and issued a $37.00 price objective on shares of Chewy in a research note on Monday, December 16th. BNP Paribas cut Chewy from an “outperform” rating to a “neutral” rating in a report on Thursday, December 5th. Finally, UBS Group upped their price objective on shares of Chewy from $30.00 to $34.00 and gave the company a “neutral” rating in a research note on Tuesday, December 3rd. Six investment analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $38.68.

Insider Buying and Selling at Chewy

In related news, CTO Satish Mehta sold 83,639 shares of the firm’s stock in a transaction dated Thursday, January 30th. The shares were sold at an average price of $40.00, for a total value of $3,345,560.00. Following the transaction, the chief technology officer now owns 334,218 shares of the company’s stock, valued at approximately $13,368,720. This trade represents a 20.02 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sumit Singh sold 4,000 shares of the firm’s stock in a transaction that occurred on Friday, January 17th. The shares were sold at an average price of $37.52, for a total value of $150,080.00. Following the completion of the transaction, the chief executive officer now owns 518,581 shares in the company, valued at $19,457,159.12. This represents a 0.77 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 8,083,269 shares of company stock valued at $290,611,129. Company insiders own 2.10% of the company’s stock.

About Chewy

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.