Retail sales are a closely watched economic indicator every month. For the last year, the monthly and year-overyear (YOY) numbers have been weak at best. But there's a bigger problem. The headline number doesn't tell the full story of what ails retail stocks. When adjusted for inflation, the retail sales numbers are negative. But you're a consumer as much as an investor, and you know it's true. Consumers started to reject price increases some time ago. Now, they're starting to shut their wallets altogether. ...

Chewy (CHWY) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this online pet store have returned +0.3% over the past month versus the Zacks S&P 500 composite's +1.1% change. The Zacks Internet - Commerce industry, to which Chewy belongs, has lost 1.9% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or ...

In the latest market close, Chewy (CHWY) reached $24.81, with a +1.72% movement compared to the previous day. The stock outpaced the S&P 500's daily loss of 0.5%. At the same time, the Dow added 0.5%, and the techheavy Nasdaq lost 1.28%. Prior to today's trading, shares of the online pet store had lost 4.13% over the past month. This has lagged the Retail-Wholesale sector's loss of 1.37% and the S&P 500's gain of 0.1% in that time. The investment community will be closely monitoring the performance of Chewy ...

Since 2004, the Focus List portfolio has produced an annualized return of +11.91% (through March 31, 2024). This compares to a +10.25% annualized return for the S&P 500 index in the same time period. In 2023, the portfolio returned +12.17% vs. +26.28% for the S&P 500 index. The portfolio returned -4.7% in 2022 vs. the S&P 500 index's -17.96%. Another stock, Surmodics, Inc. (SRDX) , which was upgraded to a Zacks Rank #1 on May 20, has returned 19.7% (versus the S&P 500's 2.9% increase) since then. This hypot ...

While some growth stocks are getting more love from investors than others, great businesses can persist through all market cycles. As summer is in full swing, you might be considering what stocks you want to add to your portfolio in the near future. Even with a more modest amount of investment capital, like $500, you can adhere to investment strategies like dollar-cost averaging to compound your holdings with time. If you have cash to put into stocks right now, money that you won't soon need for bills or ot ...

The summer of 2024 will be known for many things. Among them is the return to social media of meme lord Keith Gill, also known as Roaring Kitty. At the end of the day, there's no guarantee of a Chewy stock short squeeze. Moreover, it's better to think for yourself than to follow meme-stock celebrities in hopes of quick gains. Consequently, Chewy can reduce the supply of Chewy shares, which could make each share more valuable in the long run. Chewy Stock: Choose Facts Over Fanfare On the date of publication, ...

Chewy Add to Watchlist Chewy is also expanding with services like its pet insurance and wellness product called Chewy CarePlus. Its pet insurance actually pays directly to the veterinarian rather than to the customer, like Lemonade Inc. NYSE: LMND. However, pet owners can opt to submit a claim themselves for reimbursement. They also provide 100% drug coverage with no payout limits and provide live veterinarian telehealth services. Chewy just opened three Chewy Vet Care Clinics and is planning on launching m ...

Chewy has capitalized on its efficiency advantage in the meantime too, turning $11.1 billion worth of sales into net income of $39.6 million last fiscal year. That's hardly high-margin, but it's respectable for a company that for most intents and purposes is still in its start-up stage. Shares of pet-supply retailer Chewy (CHWY -1.51%) may be up from May's lows. But it's far too soon to say investors are falling back in love with the once-hot stock. Chewy shares are still down nearly 80% from their 2021 pan ...

The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates three times over this period. Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. While comparing the current values of a company's valuation multiples ...

Says the stock is only a neutral, but... In her inaugural Chewy note, the prognosticator wrote that she was somewhat doubtful about management's ability to grow both its revenue generally, and more specifically its number of active customers, an important client category. She also expressed concern that Chewy is selling into a market currently experiencing reduced pet take-up. A cautious analyst among bulls While faint praise of a stock from a market professional usually doesn't move that title's price, the ...