|Bid||26.76 x 800|
|Ask||27.20 x 800|
|Day's Range||26.48 - 27.29|
|52 Week Range||22.28 - 41.34|
|Beta (3Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Earnings Date||Dec 16, 2019 - Dec 19, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||36.80|
The pet food and supplies retailer has already hired 1,000 people and is looking to fill another 200 positions by year's end, which would double its initial hiring projection.
It’s been rough sledding for 2019’s slate of newly public technology companies. In August, Barron’s cautioned many of this year’s hottest IPOs were facing big tests with their so-called stock lockup agreements about to expire. The lockup expirations typically occur six months after an IPO.
Although the masses and most of the financial media blame hedge funds for their exorbitant fee structure and disappointing performance, these investors have proved to have great stock picking abilities over the years (that's why their assets under management continue to swell). We believe hedge fund sentiment should serve as a crucial tool of an […]
KB Home, Whiting, SmileDirectClub, CrowdStrike and Chewy highlighted as Zacks Bull and Bear of the Day
Kelly Flynn has never been one to turn her back to a slap shot. Growing up in Boston in the 1980s, Flynn played pickup hockey with her cousins, co-captained her high school team, and represented the Crimson for a couple of years while studying history and literature at Harvard University. After graduation, she made a quick cut to investment banking in New York.
It's been a rough year for the IPO market. While most promising unicorns have sputtered out of the gate, one analyst has a reason to be optimistic going forward.
Chewy Inc. shares fell 5.3% to fresh lows in afternoon trading Tuesday, putting them on track for a third 4-day losing streak in the past month. The stock has now declined in 8 of the past 9 sessions, and in 13 of the past 16 sessions. The stock has now tumbled 23% since the online "pet humanization" products seller reported second-quarter results, the first earnings report since the company went public on June 14. Meanwhile, the stock was still TK% above its $22 initial public offering price; the highest close for the stock was $37.36 on June 18. The stock has shed 30.8% over the past three months, while the Renaissance IPO ETF has lost 11.8% and the S&P 500 has slipped 0.8%.
One of newly public firms’ favorite tools to boost executives’ control may also be a long-term liability, according to Goldman Sachs.
Peloton (PTON) made its market debut this week, opening on the NASDAQ at $27, which was below its IPO pricing of $29 per share.
After initially popping as high as $39 per share following its summer IPO, Chewy Inc (NYSE: CHWY) shares are down 14% in the past three months as excitement over the pet supply stock has cooled. As is often the case when tech companies go public, the initial wave of buying in Chewy may have gotten the stock’s share price a bit ahead of itself following the IPO.
BARRONS NEXT HOT STOCKS Shares of (CHWY) rose as an analyst upgraded the online retailer of pet goods, saying the shares’ September slump has left them looking “more attractive, with limited downside.
Chewy's "solid" quarter is highlighted by a 43% increase in revenue and 410 basis point EBITDA margin expansion, Raymond James analyst Aaron Kessler wrote in a note. Other key positive takeaways from the quarter include: a net addition of around 700,000 customers, revenue per customer rose 10% from last year, Autoship revenue rose 49% year-over-year and accounted for 69.3% of total sales, gross margins expanded 300 basis points to 23.6% from improved product margin and supply chain efficiencies and management improved its sales outlook from 32-34% to 35-36%.
Dow Jones futures: The stock market rally neared highs even as Fed rate-cut odds fell to 50-50. Adobe, FedEx and Chewy fell on weak earnings or outlooks.
The CEO of All of Us Alan Grujic discusses why he thinks transparency is the key to success in public and private markets, as well as the competition online brokerages are facing from apps. He joins Yahoo Finance's Dan Roberts, Heidi Chung, and Sibile Marcellus to discuss.
The online pet retailer Chewy reported a loss of 10 cents a share, which was one cent more than analysts expected. The company also raised its revenue forecast for the fiscal year. Yahoo Finance's YFi AM discusses.
Chewy posted a wider loss than a year ago, thanks in part to big stock payouts connected to its IPO this year. However, sales beat estimates and Chewy boosted its revenue outlook. Wedbush analyst Seth Basham shared his thoughts about Chewy on The Final Round.