JUMP REPORT
| Avg Daily Volume: 2,625,921 Market Cap: 14.41B Sector: None Short Interest: 26.06 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: -.17/share REV: 1,350/M
___________________________________________________________
LAST QTR: EPS: -.16/share ACTUAL: -.20/share (MISS)
____________________________________________________________
NEXT QTR: EPS: -.13/share REV: 1,430/M
______________________________________________________
FULL YR: EPS: -.65/share REV: 4,840/M
______________________________________________________
*These are the base metrics we will be watching against the actual release numbers
__________________________________________________________________
BEAT/MISS RECORD: — % OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) 7.81, -9.48, -7.81
EXPECTED JUMP MOVE: 8-10
——–
*** With market volatility at extremes during the coronavirus pandemic there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
(Bloomberg) — Chewy Inc. bounced in New York trading on Tuesday after a person familiar with the matter said BC Partners, its private-equity sponsor, sold about $500 million of the stock in an overnight block trade.The unregistered trade of 6.1 million shares was priced at $82.50 each through Morgan Stanley, the person said. That was a 1.8% discount to Monday’s close. Chewy fell by as much as 2.1% in premarket trading, but finished the regular session up 4%.Tuesday’s gains add to a post-earnings rally in the online retailer of pet products. Chewy has now gained 8.7% since forecasting 2021 sales on March 30.The undisclosed stock offering launched on Monday after the market closed, Bloomberg previously reported.(Updates with the full session’s trading. A previous update added the bank behind the block trade in the second paragraph.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
Chewy (CHWY) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Ollie’s Bargain’s (OLLI) focus on value-driven merchandise assortment positions it well to make the most of opportunities in the marketplace.
In this episode of Market Foolery, host Chris Hill and Motley Fool analyst Emily Flippen talk about Chewy (NYSE: CHWY) reporting a surprise fourth-quarter profit that sent shares higher. Also, lululemon athletica’s (NASDAQ: LULU) digital sales in the fourth quarter were strong, but what management really wants to talk about is Mirror. Plus, the podcast crew has a look at BlackBerry’s (NYSE: BB) latest results and the company’s attempts to turn itself around.
Chewy has been picking up lots of pet and “pet parent” fans the last few years, but the pandemic supercharged its efforts. As Chewy automates the shipping of basics like food to households with pets, these customers are very sticky and are likely to stay with this retailer even as the effects of COVID-19 start to ease. Taking a cue from the likes of Amazon, Chewy is experimenting with other tech-enhanced services to expand its ecosystem.
StockJumpers analysis and trade plans are uploaded generally 1 HOUR BEFORE MARKETS CLOSE (3PM EST) for most events.
“I’m sorry, this content is for members only. To access this content, you must log in with your membership credentials – OR if you are not a member yet, visit our registration page here and get signed up Looking forward to having you on-board ASAP”
There is a significant amount of data behind the scenes involved in the analysis and trade plan tab above, that does not get put into the report. Too much information for traders often confuses things – so this is stripped down to only what is needed to make the best possible decision(s) on trading the trajectory.
NOTICE: All data on this site has been published for informational and educational purposes only and does not constitute an offer to sell nor a solicitation of an offer to buy any security which may be referenced here or in our websites. StockJumpers is not an Investment Adviser and relies on the publisher’s exemption as defined in Section 401(f) of the Uniform Securities Act, and provides no personal advice or recommendations. The services and published information contained herein is for non-commercial, educational use and display. StockJumpers and any of its affiliates does not represent that the securities or services discussed are suitable for any investor. You should assume that StockJumpers and or its management has or will take a position in the stock, whether it is stated or not. You are further advised not to rely on any information contained in this report and associated websites in the process of making a fully informed investment decision. Trading is risky and you can lose your investment. For the complete risk disclosure and other legal information please review the full Terms of Use Agreement.