CHWY - Chewy, Inc.

NYSE - NYSE Delayed Price. Currency in USD
29.48
-0.03 (-0.10%)
At close: 4:02PM EDT
Stock chart is not supported by your current browser
Previous Close29.51
Open29.70
Bid29.40 x 800
Ask29.48 x 800
Day's Range29.45 - 29.88
52 Week Range29.03 - 41.34
Volume1,513,450
Avg. Volume3,033,322
Market Cap11.751B
Beta (3Y Monthly)N/A
PE Ratio (TTM)N/A
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est36.90
Trade prices are not sourced from all markets
  • Are Chewy, Inc. (NYSE:CHWY) Investors Paying Above The Intrinsic Value?
    Simply Wall St.

    Are Chewy, Inc. (NYSE:CHWY) Investors Paying Above The Intrinsic Value?

    Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Chewy, Inc...

  • 3 Earnings Reports to Watch Next Week
    InvestorPlace

    3 Earnings Reports to Watch Next Week

    Editor's note: InvestorPlace's Earnings Reports to Watch is updated weekly. Please check back next week for our latest earnings picks.Earnings season has ended, and once again, stocks have rallied. One might think that a lighter earnings calendar would be troublesome for stocks, given that news for U.S. corporations remains mostly positive. It hasn't played out that way.Indeed, stocks began to gain in early June once earnings reports had slowed to a trickle. The S&P 500 then turned south in late July -- at the peak of earnings season. Last week, with reports for major companies pretty much complete, U.S. equities again bounced: as of this writing, the S&P 500 is back above 3,000.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt has been an odd trend, but one that suggests the rally in stocks has at least a month to go. Interestingly, the earnings calendar does give investors a chance to check that thesis next week.There actually are several key companies reporting next week that will give data on key areas of the economy and the market. Darden Restaurants (NYSE:DRI) can give a read on the confidence of the consumers who are supporting the economy. Results from office furniture manufacturers Herman Miller (NASDAQ:MLHR) and Steelcase (NYSE:SCS) should show confidence on the business side. Reaction to the second-quarter report from Chewy (NYSE:CHWY) will highlight investor attitudes toward, and patience with, newer IPO stocks, some of which have struggled. * 10 Recession-Resistant Services Stocks to Buy But three earnings reports next week look even more helpful in trying to judge investor sentiment at the moment. A classic tech growth stock will get another challenge. An economic bellwhether delivers an always-important release. And a consumer leader will update on the progress of its turnaround in an industry that has seen some trouble. For investors trying to figure out if history will repeat itself, these are the three earnings reports to watch now. FedEx (FDX)Source: Mike Mozart via FlickrEarnings Report Date: Tuesday, September 17, after market closeEarnings from FedEx (NYSE:FDX) historically have been seen as a proxy for corporate sentiment. After all, FedEx revenue was pretty much directly linked to U.S. business spending. Strong results from FedEx usually meant confident executives and a positive macroeconomic outlook.FedEx doesn't quite have the status it used to, but its report still matters. FedEx management actually has been bearish in recent quarters, owing in large part to trade war issues. With the domestic economy still strong, management might have different news to deliver this time around. And a bullish stance from FedEx could be enough of a catalyst to give U.S. equities a further boost.Meanwhile, the quarter is a key one for FDX stock itself. FDX shares have been stuck in a range since December. They're down over one-third from early 2018 highs. Investors are worried about pending competition from Amazon (NASDAQ:AMZN) and a potential cyclical turn. For a rally into earnings to hold, FedEx needs to put up a strong quarter and inspire some confidence from investors in itself. Adobe (ADBE)Source: r.classen / Shutterstock.com Earnings Report Date: Tuesday, September 17, after market closeAdobe (NASDAQ:ADBE) seemed to get the benefit of the doubt after its fiscal second-quarter report in June. The combination of soft guidance and a high valuation often sends a stock tumbling, but ADBE actually rose after the report, and kept climbing.In a seeming reversal of the market-wide trend, it's been a lack of news that's been trouble for Adobe stock since. ADBE has pulled back 11% from late July highs, and heads into earnings near a three-month low. * 7 Tech Stocks You Should Avoid Now With that pullback, Adobe stock looks more intriguing at 28x forward earnings. But at that multiple, and with growth likely to slow at some point, ADBE still has valuation concerns. That makes earnings an interesting test. Does a strong earnings report lead Adobe stock to rebound? If the answer is no, that suggests valuation is becoming a more important factor in the cloud space. That would make Adobe earnings an omen for other stocks across tech. General Mills (GIS)Source: Shutterstock Earnings Report Date: Wednesday, September 18, before market openEarnings from General Mills (NYSE:GIS), too, will impact entire sectors. GIS stock was collapsing less than a year ago, but increasing investor optimism toward its turnaround, and its pivot into pet food, has led to strong performance in 2019.It's important to the industry that General Mills keep performing with its fiscal Q1 report on Wednesday morning. After it looked last year like the consumer packaged goods space was in trouble, many stocks have rallied. There's a growing belief that the industry can adapt to competition from smaller, focused brands -- and from private label rivals being backed by supermarket customers.General Mills numbers need to be good enough to keep that confidence intact. This is a stock up 39% so far this year in a sector that, with a few exceptions, generally has rallied. Investors clearly are pricing in better news going forward. If General Mills can't deliver, there's a long way down to go.As of this writing, Vince Martin did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post 3 Earnings Reports to Watch Next Week appeared first on InvestorPlace.

  • 10 Big IPO Stocks From 2019 to Watch
    InvestorPlace

    10 Big IPO Stocks From 2019 to Watch

    2019 has been a big year for initial public offerings. The year saw the arrival of some of the most anticipated IPO stocks in years, among them Uber (NYSE:UBER) stock.Indeed, it's possible that 2019 will set a record for the most capital raised, topping the $97 billion raised in 2000. WeWork and Peloton are among the well-known companies likely to go public before year-end.That said, post-IPO performance has been mixed. UBER stock, most notably, has been a flop. On the other side of the coin, a food-tech play has been one the best performers of all time, at least in the early going.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Battered Tech Stocks to Buy Now What matters at this point, of course, is not how these IPO stocks have traded so far -- but how they'll trade going forward. In some cases, big gains should continue. In others, early stumbles might look like a buying opportunity -- or a worrisome omen. After all, in many ways the IPO is the easy part. It's keeping investor attention after the offering that can be much more difficult. IPO Stocks: Uber (UBER)Source: NYCStock / Shutterstock.com Uber's IPO got off to a rocky start: Its $45 IPO price gave way almost instantly.UBER stock managed to grind back to those levels on a few occasions. But a disappointing second quarter earnings report last month sent shares tumbling. Uber stock neared $30 late last month before a recent bounce.The performance might be even worse than a 29% decline from the IPO price suggests. Uber executives reportedly wanted a $120 billion valuation ahead of the offering. The company's current market capitalization is less than half that.As I wrote last month, whether UBER stock can rebound likely comes down to one key factor: investor trust in the business model. It might seem stunning given the $58.6 billion valuation, but many investors still believe that the Uber business model will never be consistently profitable.The argument is that Uber simply has bought its growth through driver and rider incentives. To become profitable, those incentives will have to go away. But if and when those incentives go away, Uber's driver and rider pools both shrink.From that standpoint, the cheaper Uber stock price doesn't change the case all that much. If the model works -- if Uber can truly revolutionize not only the taxi industry, but food delivery and even freight -- UBER stock probably rises. If it doesn't, the stock would plunge.It's hard to know for certain which scenario plays out -- but one can at least reasonably assume that Uber stock is going to make a big move going forward. Lyft (LYFT)Source: Tero Vesalainen / Shutterstock.com For Uber's ride-hailing rival, Lyft (NASDAQ:LYFT), post-IPO trading hasn't been much better. LYFT, too, quickly dipped below its IPO price of $72. Like UBER stock, it touched an all-time low last month. And at least relative to its initial price, LYFT has underperformed, declining 38% against Uber's 29%.The broad question about the viability of the ride-hailing model obviously applies to Lyft as well. But there are two key differences in the stories.First, Lyft remains much smaller. Its revenue in the June quarter was less than one-third that of Uber. Of course, that may not necessarily be a bad thing. Lyft clearly has gained market share over the past few years, helped in part by the scandals at Uber. Continued share gains give Lyft a path to better growth going forward than Uber -- and potentially quicker profitability. * 10 Stocks to Sell in Market-Cursed September Second, Lyft doesn't have a delivery business, as Uber does with UberEats. And that might be a weakness, given investor hopes for UberEats rivals like DoorDash and GrubHub (NYSE:GRUB).Meanwhile, LYFT stock still trades at a premium to UBER stock on a price-to-revenue basis. That seems a bit surprising. Investors right now are pricing in further market share gains for Lyft, no matter how the actual market plays out. If Lyft disappoints on that front, the declines could continue. Chewy (CHWY)Source: designs by Jack / Shutterstock.com To some investors, online pet food retailer Chewy (NYSE:CHWY) looks a lot like UBER stock. Yes, growth has been impressive: 2018 revenue was eight times that generated just three years earlier.But, like Uber, bears argue that Chewy simply is creating unprofitable revenue. Indeed, well-known investor David Einhorn compared CHWY stock to that of Pets.com, one of the most infamous of the dot-com bubble stocks.That comparison seems unfair, however. Pets.com generated less than $6 million in revenue in 1999, and was bankrupt just a few months later. Chewy is on track to bring in almost $5 billion in revenue this year, has plenty of cash on the balance sheet and is tracking toward EBITDA profitability.A valuation of $13 billion-plus admittedly is concerning, particularly given that PetSmart paid one-quarter as much to acquire Chewy a little over two years ago. But as a satisfied Chewy customer, I see growth continuing and profitability arriving. If that's the case, CHWY's post-IPO sideways trading should turn into upside soon enough. Levi Strauss (LEVI)Source: Davdeka / Shutterstock.com Denim manufacturer Levi Strauss (NYSE:LEVI) returned to the public markets this year for the first time since 1985. But, at least so far, early returns have been disappointing.LEVI stock got off to a nice start, gaining 32% in its first day of trading in March. But a disappointing fiscal Q2 report undercut the stock. Friday's close of $17.08 leaves LEVI almost exactly even against its IPO price of $17.Near the lows, there's admittedly an intriguing case for LEVI stock. A forward price-to-earnings ratio of just 15.9 leaves valuation reasonable. Growth has been impressive in recent years. Denim demand seems to be holding up well, given results from the likes of American Eagle Outfitters (NYSE:AEO) and Wrangler owner Kontoor Brands (NYSE:KTB), a spinoff of V.F. Corporation (NYSE:VFC). * 7 Stocks to Buy In a Flat Market The worry, however, is that Levi's strong results heading into the IPO aren't sustainable, as a turnaround effort largely is complete. The company still has a big retail business at a time when investors want no part of retail. LEVI looks intriguing here -- but it's tough to argue that it looks compelling. CrowdStrike (CRWD)Source: Piotr Swat / Shutterstock.com Shares of cybersecurity company CrowdStrike (NASDAQ:CRWD) are heading in the wrong direction. Like so many tech IPO stocks in recent years, CRWD got off to a hot start, peaking at just shy of triple its IPO price of $34.The stock now has given back about a quarter of its value, however. Earnings and guidance both looked strong in last week's fiscal Q2 report, but the stock slid anyway.It's likely valuation is a factor. After all, this is a stock trading at roughly 40x this year's revenue guidance, even backing out cash. That's one of the highest figures in all of tech (though not, as we shall see, the highest).That said, investors have been rewarded in this market for focusing on growth over valuation. And CRWD now is back toward levels seen before its first-quarter report. In that report, too, CrowdStrike beat estimates and gave above-consensus guidance. CRWD stock jumped 15% on that release. Why sentiment has reversed isn't necessarily clear -- but if and when it turns back, CrowdStrike stock will be one of the better growth stocks out there. Zoom Video Communications (ZM)Source: Michael Vi / Shutterstock.com The story at video communications provider Zoom Video Communications (NASDAQ:ZM) sounds awfully like that of CrowdStrike.Zoom went public two months earlier, and its shares, too, initially soared. In fact, just like CrowdStrike, its stock stopped just pennies shy of tripling. CRWD since has fallen 25% from its highs; ZM stock has dropped 20%.Like CrowdStrike, strong fiscal Q2 earnings from Zoom Video last week were met by investor selling. ZM stock fell 8% on Friday, the day after its earnings release. And like CrowdStrike, the stock still looks dearly valued. ZM trades at an almost unfathomable 45x the FY20 consensus revenue estimate. * 7 Best Tech Stocks to Buy Right Now Where does Zoom go from here? It seems likely that, at least in the near term, it's going to be market factors that answer that question. As I wrote in April, ZM truly is the perfect stock for this tech market. Growth is enormously impressive, the opportunity is huge, and yet the valuation seems to incorporate all of the good news. As long as investors will keep paying up for growth, ZM stock can rebound. If and when valuation concerns arrive, however, ZM is one of the stocks most likely to crash. Luckin Coffee (LK)Source: Keitma / Shutterstock.com China's Luckin Coffee (NASDAQ:LK) has been one of the more middling IPO stocks so far this year. The IPO priced at $17, and closed its initial day of trading at $20.38. Since then, however, LK stock has gained just 1%.That said, for a Chinese consumer play, even flattish performance doesn't seem that bad. Trade war worries have led to selling pressure on a number of Chinese stocks, but LK stock has managed to hold up and keep an aggressive valuation of about 6x revenue.Even management from Starbucks (NASDAQ:SBUX), which is aggressively targeting the Chinese market, admitted at a recent conference that Luckin's growth was impressive. But Starbucks CFO Patrick Grismer also noted that Luckin's revenue growth has come from "extreme marketing and very aggressive discounts."Between valuation and what may be marketing-fueled hypergrowth, LK clearly is a high-risk play. For investors who see the selloff in Chinese stocks as overdone, however, Luckin Coffee stock could be worth that risk. Pinterest (PINS)Source: Nopparat Khokthong / Shutterstock.com Since its April IPO, Pinterest (NYSE:PINS) has performed reasonably well. The stock is up 60% from its IPO price of $19, albeit with some volatility along the way.But PINS stock has weakened of late, dropping 18% from August highs following a strong Q2 report. As with other IPO stocks, valuation concerns may be a factor. PINS still trades at about 15x 2019 revenue estimates.With year-over-year revenue growth likely near 50%, however, that valuation doesn't seem all that extreme, at least in this market. Pinterest clearly has a solid niche, though InvestorPlace's Josh Enomoto worried that its demographics might be too narrow. That proved to be a significant issue for Snap (NYSE:SNAP), which still trades below its 2017 IPO price amid concerns that its potential beyond younger customers is limited. * The 8 Worst Stocks to Buy Before the Trade Turmoil Cools Off With PINS heading toward levels seen before Q2 earnings, there may be a near-term trading opportunity. Longer term, the performance of PINS likely boils down to whether the company can convince investors its torrid revenue growth can continue for years to come. Slack (WORK)Source: Shutterstock Slack (NYSE:WORK), too, was a victim of a tough week for IPO stocks. WORK stock dropped as much as 16% following second-quarter results due to weak guidance. Shares recovered most of those losses -- but then fell almost 7% on Friday.To be fair, WORK isn't necessarily an IPO stock. Like Spotify (NYSE:SPOT), the company went public via a direct listing, not an actual IPO. Ignoring that distinction, however, WORK clearly has been one of 2019's worst new issues.After Friday's losses, WORK is almost back to its initial price of $26. Guidance is concerning. Competition, most notably from Microsoft (NASDAQ:MSFT), remains intense. And it's not as if the decline makes WORK cheap. The stock still trades at 25x FY2020 revenue estimates and profitability remains a long ways off.Right now, WORK looks like a falling knife. And with at least two-plus months until the next earnings report, patience is required. Beyond Meat (BYND)Source: Sundry Photography / Shutterstock.com Beyond Meat (NASDAQ:BYND) has been the best of 2019's IPO stocks. Even with a pullback from late July highs, the stock is up over 500% from its IPO price of $25.Those gains have drawn quite a bit of scrutiny. More than a few investors have called BYND a bubble. While the opportunity for plant-based "meat" seems large, Beyond Meat doesn't have that opportunity to itself. Impossible Foods, Nestle (OTCMKTS:NSRGY) and Tyson Foods (NYSE:TSN) are among those targeting the market.All that said, there is real value here -- and a real company. Growth has been explosive. Distribution continues to expand. And Beyond Meat is not a play for vegans or for health-conscious customers, but rather traditional meat eaters looking to minimize their environmental footprint or simply replace meat once or twice a week.Beyond Meat is likely to grow for years to come -- the question, at above $150, is whether it can grow fast enough to support an enormously hefty valuation.As of this writing, Vince Martin has no positions in any securities mentioned. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Battered Tech Stocks to Buy Now * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * The 7 Best Penny Stocks to Buy The post 10 Big IPO Stocks From 2019 to Watch appeared first on InvestorPlace.

  • Business Wire

    Chewy Appoints Two New Members to its Board of Directors

    Chewy, Inc. (NYSE: CHWY), a trusted online destination for pets and pet parents, announced today the appointment of Brian McAndrews and David Leland to the company’s board of directors. McAndrews and Leland bring deep expertise to the board’s existing nine members including extensive leadership in the retail, e-commerce and financial sectors. Brian McAndrews is a board member and advisor to several category leaders, including his current roles as chairman for GrubHub, Amplero, PicMonkey, and United Way of King County.

  • Chewy adds former Pandora Media CEO to board of directors
    American City Business Journals

    Chewy adds former Pandora Media CEO to board of directors

    Brian McAndrews, the former CEO of internet radio station company Pandora Media, has joined Chewy's newly expanded board of directors. The Dania Beach-based e-commerce company (NYSE: CHWY) also added to the board David LeLand, managing director of BC Partners, according to a recent filing with the U.

  • Steve Mandel's Lone Pine Dines at Domino's, Buys 5 Stocks in 2nd Quarter
    GuruFocus.com

    Steve Mandel's Lone Pine Dines at Domino's, Buys 5 Stocks in 2nd Quarter

    Firm of Tiger Management protégé makes real-time trade in pizza chain Continue reading...

  • GuruFocus.com

    Greater Fool Game: Buying Into IPOs

    Some initial public offerings have, so far, failed to recover Continue reading...

  • Business Wire

    Chewy Announces Fiscal Second Quarter 2019 Financial Results Conference Call

    Chewy, Inc. , a trusted online destination for pets and pet parents, today announced it will report fiscal second quarter 2019 financial results after the market close on Tuesday, September 17, 2019.

  • Uber, Lyft Are 2019 US IPOs Most Favored by Mutual Funds
    Investopedia

    Uber, Lyft Are 2019 US IPOs Most Favored by Mutual Funds

    A frenzy of unicorn tech companies hit the public market this year, attracting investors willing to bet big on the industry. While some of the most popular IPOs of 2019, like ride hailing competitors Uber Technologies Inc.

  • Netflix stock is vulnerable in a recession, Nomura says
    Yahoo Finance

    Netflix stock is vulnerable in a recession, Nomura says

    E-commerce stocks are the best to own in a recession, Nomura analysts say. But is Netflix recession-proof?

  • Barrons.com

    This Year’s Tech IPOs Are About to Face a Big Test

    So-called stock lockup agreements will soon expire for many of this year’s high-profile IPOs, bringing a wave of new shares to the market. What happens when insiders are finally able to sell their stock? We’re about to find out.

  • Chewy founder: Don’t compare us to Pets.com
    Yahoo Finance

    Chewy founder: Don’t compare us to Pets.com

    Ryan Cohen, founder and former CEO of Chewy, argues that any comparison of his company to Pets.com, the poster-child of the dot-com bubble, is "crazy."

  • Is Chewy a Potential Long-Term Investment? Put It to the "Moat Test"
    Motley Fool

    Is Chewy a Potential Long-Term Investment? Put It to the "Moat Test"

    Chewy's commitment to delighting its customers makes this pet e-tailer a rare breed and gives it a competitive advantage.

  • TheStreet.com

    Chewy Investors Tell David Einhorn to Take a Walk Following Critical Comments

    Greenlight Capital's founder compares Chewy to dot-com bumble casualty Pets.com.

  • Can Chewy Prove It Can Run With the Big Dogs?
    Motley Fool

    Can Chewy Prove It Can Run With the Big Dogs?

    The online retailer of pet supplies still has a long road of losses ahead despite impressive sales growth.

  • Chewy's First Public Report Was Pretty Good -- but Still Not Good Enough
    Motley Fool

    Chewy's First Public Report Was Pretty Good -- but Still Not Good Enough

    Shares of the pet-focused e-commerce company were already more than fairly priced.

  • Online pet store Chewy slightly misses first earnings after IPO
    MarketWatch

    Online pet store Chewy slightly misses first earnings after IPO

    Chewy Inc. shares fell less than 0.1% in the extended session Thursday after the company reported its first earnings since its initial public offering just over a month ago.

  • Benzinga

    3 Analysts React To Chewy's First Earnings Report

    Online pet supply store Chewy Inc (NYSE: CHWY) on Thursday reported its first ever earnings as a public company. Raymond James' Aaron Kessler maintains a Market Perform rating on Chewy's stock. Wedbush's Seth Basham maintains at Neutral, unchanged $30 price target.

  • Chewy Reports Q1 Results, Gains Popularity Among Pet Owners
    Market Realist

    Chewy Reports Q1 Results, Gains Popularity Among Pet Owners

    On Thursday, pet retailer Chewy (CHWY) reported its first-quarter results after the market closed. The company reported its earnings for the first time.

  • Benzinga

    A Look At Benzinga Pro's Most-Searched Tickers For July 19, 2019

    This most-searched list is a feature included in Benzinga Pro's Newsfeed tool. It highlights stocks frequently searched by Benzinga Pro users on the platform. Midatech Pharma PLC (NASDAQ: MTP ) shares ...

  • Benzinga

    Chewy's Strong First Earnings Report Shows Potency Of Pet Care ETF

    The news was enough to send the ProShares Pet Care ETF (CBOE: PAWZ), the first exchange traded fund to add shares of Chewy, up nearly 1% on above-average volume. PAWZ, which debuted last November, follows the FactSet Pet Care Index. "The pet care business has seen twice the percentage growth of GDP in the U.S. since 2007, and data like the earnings from Chewy are a strong signal that the accelerating trend will continue,” said Simeon Hyman, global investment strategist at ProShares.

  • What is the current state of unicorn companies?
    Yahoo Finance Video

    What is the current state of unicorn companies?

    The market has been hit with a wave of highly anticipated IPOs this year, but many have fallen flat in public markets. Yahoo Finance’s Brian Sozzi and Alexis Christoforous discuss with former Cisco CEO, John Chambers, and Sprinklr founder, Ragy Thomas. 

  • Chewy Founder: Chewy & Pets.com have 'nothing in common'
    Yahoo Finance Video

    Chewy Founder: Chewy & Pets.com have 'nothing in common'

    Ryan Cohen, the founder of Chewy, stops by Yahoo Finance to discuss how Chewy is doing on Wall Street and why it has "nothing in common" with Pets.com. He also offers his advice to future entrepreneurs saying "don't give up, I wasn't going to take no for an answer."