We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Chewy (CHWY) Gains As Market Dips: What You Should Know
Read MoreHide Full Article
In the latest trading session, Chewy (CHWY - Free Report) closed at $23.80, marking a +2.32% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.33%. On the other hand, the Dow registered a loss of 0.7%, and the technology-centric Nasdaq decreased by 0.12%.
Coming into today, shares of the online pet store had gained 2.92% in the past month. In that same time, the Retail-Wholesale sector gained 2.78%, while the S&P 500 gained 3.87%.
The upcoming earnings release of Chewy will be of great interest to investors. The company's earnings report is expected on September 9, 2026. The company is expected to report EPS of $0.36, up 9.09% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $3.32 billion, indicating a 6.83% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.53 per share and revenue of $13.49 billion, which would represent changes of +20.47% and +7.06%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Chewy. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 0.31% lower within the past month. Chewy is currently sporting a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Chewy has a Forward P/E ratio of 15.25 right now. This signifies a discount in comparison to the average Forward P/E of 17.22 for its industry.
It's also important to note that CHWY currently trades at a PEG ratio of 0.62. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Internet - Commerce industry was having an average PEG ratio of 1.24.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 101, which puts it in the top 42% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
View the Zacks #1 Rank List
Image: Bigstock
Chewy (CHWY) Gains As Market Dips: What You Should Know
In the latest trading session, Chewy (CHWY - Free Report) closed at $23.80, marking a +2.32% move from the previous day. The stock's change was more than the S&P 500's daily loss of 0.33%. On the other hand, the Dow registered a loss of 0.7%, and the technology-centric Nasdaq decreased by 0.12%.
Coming into today, shares of the online pet store had gained 2.92% in the past month. In that same time, the Retail-Wholesale sector gained 2.78%, while the S&P 500 gained 3.87%.
The upcoming earnings release of Chewy will be of great interest to investors. The company's earnings report is expected on September 9, 2026. The company is expected to report EPS of $0.36, up 9.09% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $3.32 billion, indicating a 6.83% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.53 per share and revenue of $13.49 billion, which would represent changes of +20.47% and +7.06%, respectively, from the prior year.
It is also important to note the recent changes to analyst estimates for Chewy. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate has moved 0.31% lower within the past month. Chewy is currently sporting a Zacks Rank of #4 (Sell).
Valuation is also important, so investors should note that Chewy has a Forward P/E ratio of 15.25 right now. This signifies a discount in comparison to the average Forward P/E of 17.22 for its industry.
It's also important to note that CHWY currently trades at a PEG ratio of 0.62. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As the market closed yesterday, the Internet - Commerce industry was having an average PEG ratio of 1.24.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 101, which puts it in the top 42% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.