How to Buy Chewy Stock
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 $15.38, up 1.92% from the previous day, and has decreased 50.78% in one year. It has underperformed other stocks in the Internet Retail industry by 0.6 percentage points. Chewy stock is currently +4.73% from its 52-week low of $14.69, and -62.29% from its 52-week high of $40.78.
There are currently 434.92M CHWY shares outstanding. The market value of CHWY is $6.69B. In the past 24 hours, 8.45M CHWY shares were traded.
How to Buy Chewy Stock
Wondering how to invest in Chewy stock? Here's how.
- Figure out where to buy Chewy stock: You need to choose a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you choose where to buy Chewy stock.
- Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Choose your payment method and add your information.
- 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 market research tools can help you decide if CHWY is a good stock to buy).
- 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 stock at a given price.
- Track your CHWY position: Create a watchlist to get the latest news on your position in Chewy shares.
Step 1: Figure out where to buy Chewy stock
You need an online brokerage account to access the NYSE market and buy CHWY shares.
Our recommended brokerage: eToro
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Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Create a brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you are able to buy CHWY today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create your new brokerage account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you have opened your account on the best stock market app for beginners, you need to deposit funds:
Check out this video walkthrough if you need help depositing funds into your new investment account.
Step 4: Research Chewy stock
After you have selected the best place to buy Chewy stock, it's absolutely critical to analyze their stock prior to investing, so you can understand the risk and opportunity.
Chewy shares quick numbers
Fundamentals of Chewy
WallStreetZen was built to help average investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on CHWY's stock page.
What is the fair value of CHWY stock?
You can use many financial metrics, analyses, models, and charts to gauge CHWY's fair value.
Using relative valuations methods:
- CHWY could be overvalued based on its P/E ratio of 170.89x, relative to Internet Retail industry P/E ratio of 52.9x
- CHWY could be overvalued based on its P/B ratio of 13.11x, relative to Internet Retail industry P/B ratio of 5.63x
- CHWY could be overvalued based on its PEG ratio of 2.29x
You can access more valuation research on CHWY's stock here.
CHWY Financial Summary
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the CHWY balance sheet.
- Total CHWY debt is lower than 5 years ago, relative to shareholder equity.
- CHWY's operating cash flow of $486.21M allows it to safely service it's debt of $527.80M.
- CHWY earnings of -$10.27M is not enough to cover its interest payments.
Failed Health Checks:
- There are more short-term liabilities than short-term assets on the CHWY balance sheet.
- CHWY has a relatively high debt to equity ratio of 5.25.
- CHWY profit margin has gone down from 0.5% to 0.4% in the past year.
Is Chewy stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 14 sell side analysts who give ratings on CHWY, the consensus analyst rating on Chewy is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they investment advice.
Most Recent CHWY Analyst Forecasts
Eric Sheridan, a top 2% analyst from Goldman Sachs maintains CHWY with a strong buy rating and lowers their CHWY price target from $36.00 to $32.00, on Mar 21, 2024.
Kaumil Gajrawala, a bottom 6% analyst from Jefferies maintains CHWY with a strong buy rating and lowers their CHWY price target from $27.00 to $25.00, on Mar 21, 2024.
Seth Basham, a top 22% analyst from Wedbush reiterates CHWY with a buy rating and maintains their CHWY price target from $25.00 to $25.00, on Mar 21, 2024.
Anna Andreeva, a bottom 2% analyst from Needham reiterates CHWY with a buy rating and maintains their CHWY price target from $25.00 to $25.00, on Mar 21, 2024.
David Bellinger, a bottom 8% analyst from Mizuho initiates coverage on CHWY with a hold rating and announces their CHWY price target of $18.00, on Mar 19, 2024.
You can dig deeper into what analysts are projecting on the Chewy stock forecast page.
CHWY Technicals
CHWY Earnings
Last year, CHWY earnings were $39.58M. Over the last 1 years, CHWY's earnings have grown by -25% per year. This was slower than the Internet Retail industry average of 36.32%.
Last year, CHWY revenue was $11.15B. Over the last five year, CHWY's revenue has gone up by 25.84% per year. This was slower than the Internet Retail industry average of 26.65%.
Dive into CHWY's earnings and revenue performance here.
Are CHWY executives and large shareholders buying or selling the stock?
Over the last year, insiders at CHWY have sold more shares than they have bought.
Stacy Bowman, Chief Accounting Officer of CHWY, was the latest CHWY insider to sell. They sold $124,612.20 worth of CHWY stock on Apr 2, 2024.
Get more info about who owns CHWY shares here.
Does CHWY provide a stable income stream?
No, Chewy doesn't provide an income stream by paying out dividends.
CHWY Social Trading Data
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Make your CHWY buy order
There are two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.
Click the Open button and eToro will place the order.
If you require more help with investing in stocks on eToro, watch the how to video below:
Step 6: Track your CHWY position
Now that you own some CHWY stock, you'll want to stay up-to-date on your shares.
Add CHWY to a watchlist to monitor your CHWY stock.
CHWY Feed
How to Buy Stock in Chewy
To reiterate, here are the 6 steps for buying Chewy stock:
- Figure out where to buy Chewy stock
- Create a brokerage account
- Deposit money your brokerage account
- Research Chewy stock
- Make your CHWY buy order
- Track your CHWY position
If you are looking for a brokerage account, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to track your investment in Chewy, create a watchlist today.
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