Chewy upgraded by Citigroup with a new price target
$CHWY
Catalog/Specialty Distribution
Consumer Discretionary
Citigroup upgraded Chewy from Neutral to Buy and set a new price target of $40.00 from $28.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/8/2024 | $28.00 → $40.00 | Neutral → Buy | Citigroup |
| 10/23/2024 | Hold | Needham | |
| 10/9/2024 | $38.00 | Buy | TD Cowen |
| 8/23/2024 | $35.00 | Overweight | Piper Sandler |
| 8/21/2024 | Outperform → Mkt Perform | Raymond James | |
| 7/16/2024 | Peer Perform | Wolfe Research | |
| 7/9/2024 | Buy → Hold | Argus | |
| 3/19/2024 | $18.00 | Neutral | Mizuho |
NEW YORK, Nov. 1, 2024 /PRNewswire/ -- Chewy Inc. (NYSE: CHWY) will replace Stericycle Inc. (NASD: SRCL) in the S&P MidCap 400 effective prior to the opening of trading on Wednesday, November 6. S&P 500 constituent Waste Management Inc. (NYSE:WM) is acquiring Stericycle in a deal expected to be completed soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector November 6, 2024 S&P MidCap 400 Addition Chewy CHWY Consumer Discretionary November 6, 2024 S&P MidCap 400 Deletion Stericycle SRCL Industrial For more information about
Chewy, Inc. (NYSE:CHWY) ("Chewy"), a trusted destination for pet parents and partners everywhere, announced today the pricing of an underwritten offering of 16,666,667 shares of its Class A common stock, par value $0.01 per share, by Buddy Chester Sub LLC (the "Selling Stockholder"), which is an entity affiliated with funds advised by BC Partners Advisors LP ("BC Partners"), Chewy's largest shareholder, at a price to the public of $30.00 per share (the "Offering"). The Selling Stockholder granted the underwriter a 30-day option to purchase up to an additional 2,500,000 shares of Class A common stock. Chewy will not sell any shares of its Class A common stock in the Offering and will not rec
Chewy, Inc. (NYSE:CHWY) ("Chewy"), a trusted destination for pet parents and partners everywhere, announced today the commencement of an underwritten offering of $500 million of shares of its Class A common stock, par value $0.01 per share, by Buddy Chester Sub LLC (the "Selling Stockholder"), which is an entity affiliated with funds advised by BC Partners Advisors LP ("BC Partners"), Chewy's largest shareholder (the "Offering"). The Selling Stockholder intends to grant the underwriters a 30-day option to purchase up to an additional $75 million of shares of Class A common stock. Chewy will not sell any shares of its Class A common stock in the Offering and will not receive any proceeds fro
Citigroup upgraded Chewy from Neutral to Buy and set a new price target of $40.00 from $28.00 previously
Needham resumed coverage of Chewy with a rating of Hold
TD Cowen initiated coverage of Chewy with a rating of Buy and set a new price target of $38.00
SC 13G/A - Chewy, Inc. (0001766502) (Subject)
SC 13G/A - Chewy, Inc. (0001766502) (Subject)
SC 13G/A - Chewy, Inc. (0001766502) (Subject)
SCHEDULE 13G/A - Chewy, Inc. (0001766502) (Subject)
8-K - Chewy, Inc. (0001766502) (Filer)
424B7 - Chewy, Inc. (0001766502) (Filer)
4 - Chewy, Inc. (0001766502) (Issuer)
4 - Chewy, Inc. (0001766502) (Issuer)
4 - Chewy, Inc. (0001766502) (Issuer)
Chewy, Inc. (NYSE:CHWY) ("Chewy"), a trusted destination for pet parents and partners everywhere, has released its financial results for the second quarter of fiscal year 2024 ended July 28, 2024. Fiscal Q2 2024 Highlights: Net sales of $2.86 billion increased 2.6 percent year over year Gross margin of 29.5 percent increased 120 basis points year over year Net income of $299.1 million, including share-based compensation expense and related taxes of $82.5 million Net margin of 10.5 percent increased 980 basis points year over year Basic earnings per share of $0.70, an increase of $0.65 year over year Diluted earnings per share of $0.68, an increase of $0.63 year over year
Chewy, Inc. (NYSE:CHWY) ("Chewy"), a trusted destination for pet parents and partners everywhere, announced today that it will report fiscal second quarter 2024 financial results before the market opens on Wednesday, August 28, 2024. Management will host a conference call and webcast to discuss the company's financial results at 8:00 am ET. To access the conference call by phone, please visit this link for registration (Phone Registration Link) to be provided with dial in details, including a unique PIN to access the conference call. To avoid delays, we encourage participants to register in advance or at a minimum 15 minutes before the start of the call. A live webcast and replay of the
Chewy, Inc. (NYSE:CHWY) ("Chewy"), a trusted destination for pet parents and partners everywhere, has released its financial results for the first quarter of fiscal year 2024 ended April 28, 2024. Fiscal Q1 2024 Highlights: Net sales of $2.88 billion increased 3.1 percent year over year Gross margin of 29.7 percent increased 130 basis points year over year Net income of $66.9 million, including share-based compensation expense and related taxes of $69.5 million Net margin of 2.3 percent increased 150 basis points year over year Basic and diluted earnings per share of $0.15, an increase of $0.10 year over year Adjusted EBITDA(1) of $162.9 million, an increase of $52.1 mil
Citigroup analyst Steven Zaccone maintains Chewy (NYSE:CHWY) with a Neutral and raises the price target from $16 to $28.
Chewy Inc. (NYSE:CHWY) founder Ryan Cohen has sparked speculation after posting the word “TRUMP” 665 times on Elon Musk‘s social media platform, X. What Happened: Cohen’s cryptic message has left the internet abuzz with theories about its meaning. The post comes after Cohen, a Canadian entrepreneur and activist investor, recently endorsed former President Donald Trump following an assassination attempt on Trump. Several social media users engaged with Cohen’s post, encouraging others to decode the message, and prompting some to count how many times the word “TRUMP” appeared in the text. TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP TRUMP
Chewy's (NYSE:CHWY) short percent of float has risen 9.25% since its last report. The company recently reported that it has 21.75 million shares sold short, which is 18.66% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.0 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is impo
4 - Chewy, Inc. (0001766502) (Issuer)
4 - Chewy, Inc. (0001766502) (Issuer)
NEW YORK, Nov. 1, 2024 /PRNewswire/ -- Chewy Inc. (NYSE: CHWY) will replace Stericycle Inc. (NASD: SRCL) in the S&P MidCap 400 effective prior to the opening of trading on Wednesday, November 6. S&P 500 constituent Waste Management Inc. (NYSE:WM) is acquiring Stericycle in a deal expected to be completed soon, pending final closing conditions. Following is a summary of the changes that will take place prior to the open of trading on the effective date: Effective Date Index Name Action Company Name Ticker GICS Sector November 6, 2024 S&P MidCap 400 Addition Chewy CHWY Consumer Discretionary November 6, 2024 S&P MidCap 400 Deletion Stericycle SRCL Industrial For more information about
Seasoned Leader to Spearhead Continued Expansion of Chewy's Marketing and Customer Engagement Capabilities Chewy, Inc. ("Chewy") (NYSE:CHWY), a leading online destination for pet parents and partners, announced today the appointment of Mark Eamer as Chief Marketing Officer (CMO). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210930005601/en/Chewy Appoints Mark Eamer as Chief Marketing Officer (Photo: Business Wire) As CMO, Mark will spearhead the continued expansion of Chewy's Marketing and Customer Engagement capabilities, with ownership of the company's marketing strategy, partnerships and analytics, including full funnel cus
Aligns with Ryan Cohen of RC Ventures on the Immediate Appointment of Three New Directors with Significant E-Commerce and Technology Experience Confirms the Board’s Commitment to Supporting GameStop’s Pursuit of Growth and Market Leadership GRAPEVINE, Texas, Jan. 11, 2021 (GLOBE NEWSWIRE) -- GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today announced that it has entered into an agreement with RC Ventures LLC (“RC Ventures”) that will advance the refreshment of the Company’s Board of Directors (the “Board”). RC Ventures, which is one of the Company’s largest stockholders, is managed by Ryan Cohen. The agreement provides for the immediate appointment of three new directors –
For Immediate Release: December 14, 2023 Today, the U.S. Food and Drug Administration is announcing the issuance of nine warning letters to manufacturers and distributors of unapproved and misbranded antimicrobial animal drugs for violations of federal law. The agency is concerned because these products contain antimicrobials that are important in human medicine and using them without medical oversight contribut