Online pet-food retailer Chewy, Inc. posted revenue that fell short of analysts’ expectations. It also reported a wider-than-expected loss for its fiscal second quarter.
Chewy reported a diluted loss of -4 cents a share, sharper than the -2cents loss a share expected by analysts polled by FactSet. It incurred a loss of -8 cents a share in the year-ago period.
The company’s sales came in at $2.16 billion, compared to the $2.2 billion estimated by analysts in FactSet survey. Sales were $1.7 billion in the year-ago quarter.
For the fiscal third-quarter, Chewy expects sales of $2.2 billion to $2.22 billion, up 23% to 25% from the year-ago quarter.
For the full-year, it projects revenue between $8.9 billion and $9 billion, compared to $9 billion expected by analysts polled by FactSet.
CHWY broke above its upper Bollinger Band on April 11, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 41 similar instances where the stock broke above the upper band. In of the 41 cases the stock fell afterwards. This puts the odds of success at .
The Momentum Indicator moved below the 0 level on April 18, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on CHWY as a result. In of 83 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for CHWY turned negative on April 18, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 47 similar instances when the indicator turned negative. In of the 47 cases the stock turned lower in the days that followed. This puts the odds of success at .
CHWY moved below its 50-day moving average on April 15, 2024 date and that indicates a change from an upward trend to a downward trend.
The 10-day moving average for CHWY crossed bearishly below the 50-day moving average on April 23, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CHWY declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 4 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CHWY advanced for three days, in of 264 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating slightly better than average sales and a considerably profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating slightly worse than average price growth. CHWY’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: CHWY's P/B Ratio (13.106) is slightly higher than the industry average of (3.741). CHWY has a moderately high P/E Ratio (170.889) as compared to the industry average of (59.711). Projected Growth (PEG Ratio) (0.694) is also within normal values, averaging (1.927). Dividend Yield (0.000) settles around the average of (0.026) among similar stocks. P/S Ratio (0.596) is also within normal values, averaging (10.261).
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. CHWY’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 92, placing this stock worse than average.
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a company which operates as a web-based, pet supplies e-tailer.
Industry InternetRetail