Barclays Cuts Chewy (NYSE:CHWY) Price Target to $48.00

Chewy (NYSE:CHWY) had its target price trimmed by Barclays from $52.00 to $48.00 in a research report released on Thursday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

A number of other analysts have also commented on the company. UBS Group set a $51.00 price objective on Chewy in a report on Tuesday, January 13th. The Goldman Sachs Group upped their price target on Chewy from $44.00 to $52.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Citigroup restated a “market outperform” rating on shares of Chewy in a research note on Monday, November 24th. Weiss Ratings reiterated a “hold (c)” rating on shares of Chewy in a report on Wednesday, January 21st. Finally, Wedbush set a $42.00 price target on shares of Chewy and gave the stock an “outperform” rating in a report on Wednesday, December 10th. Seventeen analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $46.05.

Chewy Stock Performance

CHWY stock opened at $25.46 on Thursday. The stock’s 50 day simple moving average is $29.22 and its 200 day simple moving average is $33.78. The company has a market cap of $10.57 billion, a P/E ratio of 53.04, a price-to-earnings-growth ratio of 1.71 and a beta of 1.60. Chewy has a fifty-two week low of $23.06 and a fifty-two week high of $48.62.

Chewy (NYSE:CHWY) last released its quarterly earnings data on Wednesday, December 10th. The company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.31 by $0.01. The firm had revenue of $3.12 billion during the quarter, compared to the consensus estimate of $3.10 billion. Chewy had a return on equity of 56.78% and a net margin of 1.64%.The company’s quarterly revenue was up 8.1% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.20 earnings per share. Chewy has set its Q4 2025 guidance at 0.240-0.270 EPS. Equities analysts predict that Chewy will post 0.24 earnings per share for the current year.

Insider Buying and Selling at Chewy

In other Chewy news, CTO Satish Mehta sold 13,013 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $28.99, for a total transaction of $377,246.87. Following the sale, the chief technology officer directly owned 273,835 shares of the company’s stock, valued at $7,938,476.65. This represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 0.43% of the company’s stock.

Institutional Trading of Chewy

Hedge funds and other institutional investors have recently modified their holdings of the business. Quent Capital LLC bought a new stake in shares of Chewy during the 3rd quarter valued at $27,000. Osterweis Capital Management Inc. bought a new stake in shares of Chewy during the second quarter valued at about $30,000. CoreCap Advisors LLC lifted its holdings in shares of Chewy by 306.3% in the fourth quarter. CoreCap Advisors LLC now owns 845 shares of the company’s stock worth $28,000 after buying an additional 637 shares in the last quarter. Los Angeles Capital Management LLC purchased a new position in Chewy during the fourth quarter valued at approximately $31,000. Finally, Harbour Investments Inc. increased its holdings in Chewy by 81.4% during the 4th quarter. Harbour Investments Inc. now owns 907 shares of the company’s stock worth $30,000 after acquiring an additional 407 shares during the period. Institutional investors own 93.09% of the company’s stock.

Chewy Company Profile

Chewy, Inc (NYSE: CHWY) is a leading e-commerce retailer specializing in pet food, supplies and services. The company offers a comprehensive assortment of products for dogs, cats, fish, birds and other small animals, including prescription medications, veterinary health products, grooming essentials and toys. Through its online platform and mobile app, Chewy provides an intuitive shopping experience with features such as Autoship, ensuring regular deliveries of pet essentials at schedule intervals.

Founded in 2011 by Ryan Cohen and Michael Day, Chewy initially operated under the name Mr.