|Bid||75.54 x 800|
|Ask||75.70 x 1200|
|Day's Range||74.90 - 76.32|
|52 Week Range||52.05 - 120.00|
|Beta (5Y Monthly)||0.08|
|PE Ratio (TTM)||N/A|
|Earnings Date||Dec. 06, 2021 - Dec. 10, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||93.93|
Online pet retailer Chewy (NYSE: CHWY) just became a better value for investors after the stock fell 24% in the last month. The price drop has the stock trading at a forward price-to-sales ratio of 3.4, lower than the recent peak of 4.5 and far lower than the peak earlier in the year of over six.
Chewy's (NYSE: CHWY) underperformance in the stock market so far in 2021 seems a tad surprising, given the impressive growth in its business. There have been concerns about Chewy's ability to sustain the terrific momentum it enjoyed last year. Chewy benefited from this, as its customer count swelled and spending on its offerings increased.
DANIA BEACH, Fla., September 15, 2021--Chewy, Inc. ("Chewy") (NYSE: CHWY), a leading online destination for pet parents and partners, is announcing the launch of a veterinarian-only marketplace designed to streamline pharmacy operations and grow veterinary clinic revenue.