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NYSE: CHWY

How to Buy Chewy Stock

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Chewy Inc

Chewy, Inc. , together with its subsidiaries, engages in the pure-play e-commerce business in the United States.

Chewy stock last closed at $36.67, up 10.72% from the previous day, and has decreased 42.67% in one year. It has overperformed other stocks in the Internet Retail industry by 0.08 percentage points. Chewy stock is currently +65.03% from its 52-week low of $22.22, and -54.49% from its 52-week high of $80.58.

At the moment, there are 422.72M CHWY shares outstanding. The market capitalization of CHWY is $15.50B. In the last 24 hours, 10.58M CHWY shares were traded.

How to Buy Chewy Stock

Wondering how to invest in Chewy stock? Here's how.
  1. Figure out where to buy Chewy stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you choose where to buy Chewy stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found. It's the best place to buy CHWY stock.
  3. Deposit money your brokerage account: Select your method of payment and add your information.
  4. Research Chewy stock: The Chewy ticker symbol is CHWY. Is Chewy stock a good investment? Should you buy shares of CHWY? How do CHWY's underlying business fundamentals look? Do top analysts think Chewy is a good buy? Why has CHWY's stock price moved recently? (Hint: Our stock research website can help you decide if CHWY is a good stock to buy).
  5. Make your CHWY buy order: Decide if you will purchase CHWY shares at the current market price or use a limit order to purchase CHWY shares at a given price.
  6. Track your CHWY position: Create a watchlist to important notifications about your investment in Chewy stock.

Step 1: Figure out where to buy Chewy stock

You will need a brokerage account in order to access the NYSE market and buy CHWY stock.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Get $10 towards your your CHWY stock purchase by signing up for an account with eToro now.

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Step 2: Create a brokerage account

Now that you've chosen it's time brokerage, selected to fill out some personal information so you can buy CHWY today.

How to Set Up a New Brokerage Account on eToro

  1. Click here to get started.
  2. Provide your personal details to create a new trading account.
  1. Submit your details by clicking the "Create Account" button.
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Step 3: Deposit money your brokerage account

Watch the tutorial below to see the process of transferring funds into your brokerage account.

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Step 4: Research Chewy stock

It's very important to evaluate stocks prior to buying, so you actually comprehend the risk and upside.

Chewy Numbers

CHWY Price
$36.67
1w %
10.82%
1y %
-42.67%
5y %
N/A
P/E
-244.47x
P/B
132.05x
P/S
1.63x
PEG
N/A
Revenue
$9.46B
Earnings
-$55.03M
Fore. Rev. Growth
13.17%
Fore. Earn. Growth
N/A
Market Cap
$15.50B
Next Earnings
N/A
Next Dividend
N/A

Chewy Fundamentals

WallStreetZen was built to help everyday investors do more accurate fundamental analysis in minutes instead of hours.

You can view all of the due diligence checks on CHWY's stock page.

Is CHWY stock overvalued?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge CHWY's true value.

Using relative valuations ratios:

  • CHWY could be overvalued based on its P/B ratio of 132.05x, relative to Internet Retail industry P/B ratio of 5.12x

You can do more valuation research on CHWY's stock here.

CHWY Financial Health Summary

Passed Health Checks:

  • CHWY has $606.80M in cash and short term investments. This is enough to cover its annual cash burn of $103.79M.
  • There are more short-term assets than long-term liabilities on the CHWY balance sheet.
  • CHWY has cash burn of 103791000. It has enough cash and short-term investments to cover this for at least one year.

Failed Health Checks:

  • CHWY has a relatively high debt to equity ratio of 19.18.
  • There are more short-term liabilities than short-term assets on the CHWY balance sheet.
  • CHWY profit margin has gone down from 0.1% to -0.6% in the past year.

Is it a good time to buy Chewy stock?

Out of 16 Wall Street analysts who give ratings on CHWY, the consensus analyst rating on Chewy is a Buy

Should I buy or sell CHWY stock?

Based on 16 analysts offering ratings for Chewy Inc.
Buy
Strong Buy
5 analysts 31.25%
Buy
4 analysts 25%
Hold
6 analysts 37.5%
Sell
0 analysts 0%
Strong Sell
1 analysts 6.25%

Latest CHWY Analyst Forecasts

Steven Forbes, a bottom 21% analyst from Guggenheim maintains CHWY with a strong buy rating and lowers their CHWY price target from $55.00 to $50.00, on Aug 31, 2022.

Seth Basham, a top 8% analyst from Wedbush maintains CHWY with a hold rating and lowers their CHWY price target from $44.00 to $35.00, on Aug 31, 2022.

Lee Horowitz, a bottom 8% analyst from Deutsche Bank maintains CHWY with a strong buy rating and lowers their CHWY price target from $52.00 to $40.00, on Aug 31, 2022.

Doug Anmuth, a top 2% analyst from JP Morgan maintains CHWY with a strong buy rating and lowers their CHWY price target from $56.00 to $55.00, on Aug 31, 2022.

Lauren Schenk, a bottom 7% analyst from Morgan Stanley maintains CHWY with a hold rating and lowers their CHWY price target from $42.00 to $39.00, on Aug 31, 2022.

You can dive deeper into what analysts are saying on the Chewy stock forecast page.

Metrics for Advanced CHWY Traders

SMA10
32.4
SMA20
33.79
SMA50
38.53
SMA100
35.95
SMA200
39.85
MACD
-1.38
MACD Signal
-1.85
MACD Histogram
0.47
RSI
55.96
Stochastic %K
56.38
Stochastic %D
32.79
StochRSI %K
74.78
StochRSI %D
42.82

CHWY Growth Numbers

Last year, CHWY revenue was $9.46B. Over the past three year, CHWY's revenue has gone up by 107.39% per year. This was faster than the Internet Retail industry average of 33.26%.

Find out more about CHWY's earnings and revenue performance here.

What are CHWY executives and large shareholders up to?

In the past 12 months, insiders at CHWY have sold more shares than they have bought.

Sumit Singh, Chief Executive Officer of CHWY, was the latest CHWY insider to sell. They sold $364,672.28 worth of CHWY stock on Aug 25, 2022.

Dig into more about who owns CHWY shares here.

Can I rely on CHWY as an income stream?

No, Chewy doesn't provide an income stream by paying out dividends.

What do other investors have to say about CHWY?

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Make your CHWY buy order

There are two primary types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually fine.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a given price limit, use a limit order.

Click the Open button and eToro will place the order.

If you require additional help buying stocks on eToro, watch the helpful video below:

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Step 6: Track your CHWY position

Now that you own some shares in CHWY, you'll want to stay up-to-date on your new stock purchase.

Add CHWY to a watchlist to keep tabs on your CHWY stock.

CHWY Feed

How to Buy Stock in Chewy

To summarize, here are the 6 steps to buy stock in Chewy:

  1. Figure out where to buy Chewy stock
  2. Create a brokerage account
  3. Deposit money your brokerage account
  4. Research Chewy stock
  5. Make your CHWY buy order
  6. Track your CHWY position

If you are looking for a online brokerage, eToro is our favorite option.

Get Started with eToro Today

If you would like to keep an eye on your investment in Chewy, create your watchlist below.

NYSE: CHWY
$36.67+3.55 (+10.72%)
Updated Oct 5, 2022
Open eToro Account
NYSE: CHWY
$36.67+3.55 (+10.72%)
Updated Oct 5, 2022
Open eToro Account

FAQ

How much does it cost to buy one Chewy share?

As of Oct 5, 2022, it costs $36.67 to buy one share of Chewy stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.273 shares of CHWY.

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Is now a good time to buy Chewy stock?

According to 16 Wall Street analysts who monitor Chewy, their consensus recommendation is to buy Chewy stock.

What is the best way to buy Chewy stock?

The best way to buy Chewy stock is within a brokerage account on eToro.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.