JUMP REPORT
Avg Daily Volume: 2,698,500 Market Cap: 11.75B
Sector: None Short Interest: None
EARNINGS EXPECTATIONS:
THIS QTR: EPS: 0/share REV: 1,110/M
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LAST QTR: EPS: NA/share ACTUAL: NA/share (NEW IPO)
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NEXT QTR: EPS: -.11/share REV: 1,110/M
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FULL YR: EPS: 0/share REV: 4,730/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: NA % OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -7.94, NA, NA
POTENTIAL JUMP MOVE: 10-15%
Links To Latest News and Headlines
Chewy, Inc. ( NYSE:CHWY ) shareholders will doubtless be very grateful to see the share price up 57% in the last month…
Wedbush analyst Seth Basham raised his rating on the pet-products retailer to Outperform from Neutral, lifting his target for the stock price.
Two growth stocks, Chewy (NYSE: CHWY) and Coty (NYSE: COTY), still have solid long-term prospects. With the pandemic forcing people to stay home, they adopted pets, helping supercharge Chewy’s 2020 sales growth. While it’s hard to replicate that kind of growth, Chewy continues to increase sales at a nice clip as people remain committed to caring for their pets.
Wedbush analyst Seth Basham upgraded Chewy Inc (NYSE: CHWY) from Neutral to Outperform and raised the price target to $35 (8% upside) from $30. The analyst cites favorable pet category dynamics, bottoming e-commerce trends, attractive valuation, and better risk-reward as the reasons for the upgrade. While Seth expects discretionary goods spending pressure to continue in the near-to-medium term, hardgoods sales comprise a comparatively small amount of Chewy’s sales mix. The analyst expects gross
Shares of Chewy Inc. ran up 5.0% in premarket trading Tuesday, after Wedbush analyst Seth Basham recommended investors buy, citing a more favorable risk-versus-reward profile following the sharp selloff this year. The online pet products seller was upgraded to outperform from neutral, and the stock price target was raised to $35 from $30, with Basham citing “relatively favorable” pet category dynamics, “bottoming” ecommerce trends and “attractive” valuation. The stock had plummeted 51.3% year to
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