|Bid||18.31 x 1200|
|Ask||18.32 x 1300|
|Day's range||17.92 - 18.39|
|52-week range||17.51 - 52.88|
|Beta (5Y monthly)||0.90|
|PE ratio (TTM)||152.71|
|Earnings date||06 Dec 2023 - 11 Dec 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||36.51|
As I write this, shares of pet e-commerce company Chewy (NYSE: CHWY) are hitting all-time lows of $17.51 -- maybe they'll be even lower by the time you're reading this. Two facilities are already automated, two more are receiving investments, and another will be automated next year.
If the market tide takes a long-term turn for the better, consumers' unwavering love for their pets will put Chewy stock back in the bullish spotlight.
The markets have given investors a wild ride over the last three years, and that has resulted in several promising companies selling at deeply discounted prices. High inflation and lower consumer spending have pressured these companies' revenue growth and scared away many short-term traders. After launching in 2011, Chewy quickly scaled into a large business with over $10 billion in annual revenue.