Pet e-commerce firm Chewy (CHWY 1.66%) has had a difficult start to 2024 with the stock losing about a third of its value so far this year. One of the biggest reasons behind this is that the company forecast overall pet industry growth to be modest this year and did not expect any big benefit from price increases.However, the company still has a massive opportunity in front of it that investors may be ignoring. So is now the time to buy the stock?A nice recurring business modelOne of the first things to und ...

People are paying more for their pet supplies these days. In late March, Chewy (CHWY 1.66%) announced record average annual spending as part of its fiscal fourth-quarter earnings update. Gains here allowed the e-commerce specialist to offset weaknesses in other areas of the business so sales could rise 10% in 2023.Yet the stock's drop in recent months shows how Wall Street is more concerned with Chewy's weakening growth prospects. These are best reflected in changes to its active customer pool, which is a t ...

peshkov Chewy (NYSE:CHWY) reported much better than expected results for the fourth quarter which nonetheless caused the company’s shares to fall 10% after earnings. The online pet store retailer is convinced with strong free cash flow growth and consistent gross margins on its e-Commerce platform. The company is also making strategic moves by broadening its product offers and rolling out Chewy Vet Clinics, which is set to create a new revenue stream for the retailer. While shares of Chewy are not espec ...

With over $11 billion in fiscal 2023 net sales, Chewy (CHWY 4.40%) is an e-commerce giant serving the pet industry. The company has amassed over 20 million active customers by offering fast shipping, focusing on customer service, and selling a wide range of products and services.Chewy isn't a subscription service, per se, but it does provide an automated way to place repeat orders. This option is extremely popular. In the fourth quarter of its fiscal 2023, more than three-quarters of its net sales came from ...

Online pet retailer Chewy (CHWY 4.40%) enjoyed a period of skyrocketing pet ownership during the pandemic. Revenue soared 24% in 2021 as pet owners turned to Chewy for its attractive prices and convenient shipping options. The stock soared as well, peaking at around $120 per share in early 2021.The bill is now coming due. Demand was pulled forward by the pandemic, with new pet households forming that otherwise would have remained pet-free or delayed getting a pet. Even as it wins market share, Chewy is stru ...

Parkev Tatevosian, CFA has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Chewy. The Motley Fool has a disclosure policy.Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. ...

Chewy (CHWY -10.26%) is struggling to maintain a high growth rate as households ease off the heavy pet adoption rate seen during the height of the pandemic. While growth slows, analysts at Morgan Stanley are instead keyed into the profit story.The analysts noted that the macroeconomic environment is a concern, but they believe the pet goods retailer will be able to boost margins despite lackluster growth. As a result, Morgan Stanley initiated an overweight rating on Chewy stock with a price target of $27. B ...

Key PointsChewy share prices are oversold and overextended in the face of growth and improving free cash flow. Shareholder equity is up significantly at the end of F2024 and is expected to grow in 2025.Analysts are trimming their targets but see a floor in the market and a 75% upside at the consensus. 5 stocks we like better than ChewyChewy's NYSE: CHWY share price is ready to rebound. The stock is trading near historic lows despite growth, margin improvement, and improving shareholder value, and it is over ...

Chewy (CHWY -7.43%) stock found itself in the doghouse on Thursday. Shares fell 6% through early afternoon trading, compared to a modest uptick in the S&P 500. That move contributed to a rough year for owners of the pet supply retailer, which is down over 50% in the past 12 months.Thursday's slump was sparked by some discouraging news on the earnings front .Barking up the wrong treeChewy executives reported Q4 operating results before the market opened, and Wall Street wasn't thrilled with the details. Whil ...

About this content About Josh Lamb After graduating from the University of Kent in the summer of 2022 with a degree in History, Josh joined Proactive later that year as a journalist in the UK editorial team. Josh has reported on a range of areas whilst at Proactive, including energy companies during a time of global crisis, aviation and airlines as the sector recovers from the pandemic, as well as covering economic, social and governance issues. Read more About the publisher Proactive financial news and ...