Should you buy Chewy stock? (September 2023)

Chewy stock analysis. Ticker: CHWY Join 10,000 investors: https://www.overlookedalpha.com Chewy is an online retailer for pet products that was founded by Ryan Cohen. But the stock price has been crushed. Today, the company has a market cap of 7.9 billion dollars. It’s got 900 million of cash and no debt so the enterprise value is just 7 billion. Chewy delivers pet food straight to your door and over the last 12 months it’s made almost 11 billion dollars in sales. The company is also profitable with 50 million of net income and 340 million of free cash flow. So Chewy stock is valued at 0.6 times revenue, 156 times net income but just 21 times free cash flow. That’s not bad when you consider Chewy is still growing. Revenue has grown from just 3.5 billion in 2018 and its expected to grow another 14% this year to 11.4 billion. That growth is significantly better than Petco and Chewy has room to expand further. The company is moving into Canada and it’s rolling out sponsored ads which should enhance profits. #stocks #investing #overlookedalpha