Stitch Fix Inc (NASDAQ:SFIX) has a beta value of 1.98 and has seen 0.41 million shares traded in the recent trading session. The company, currently valued at $539.52M, closed the recent trade at $4.41 per share which meant it lost -$0.03 on the day or -0.68% during that session. The SFIX stock price is -17.91% off its 52-week high price of $5.20 and 53.29% above the 52-week low of $2.06. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.99 million shares traded. The 3-month trading volume is 2.16 million shares.
The consensus among analysts is that Stitch Fix Inc (SFIX) is Hold stock at the moment, with a recommendation rating of 3.40. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 6 out of 8 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
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Stitch Fix Inc (NASDAQ:SFIX) trade information
Sporting -0.68% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the SFIX stock price touched $4.41 or saw a rise of 8.32%. Year-to-date, Stitch Fix Inc shares have moved 23.53%, while the 5-day performance has seen it change -7.55%. Over the past 30 days, the shares of Stitch Fix Inc (NASDAQ:SFIX) have changed 15.45%. Short interest in the company has seen 6.43 million shares shorted with days to cover at 2.0.
Wall Street analysts have a consensus price target for the stock at $5, which means that the shares’ value could jump 11.8% from the levels at last check today. The projected low price target is $3 while the price target rests at a high of $22. In that case, then, we find that the latest price level in today’s session is -398.87% off the targeted high while a plunge would see the stock lose 31.97% from the levels at last check today.
Stitch Fix Inc (SFIX) estimates and forecasts
Figures show that Stitch Fix Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 35.69% over the past 6 months, with this year growth rate of 22.61%, compared to 15.30% for the industry.
Earnings growth for 2024 is a modest 39.60% while over the next 5 years, the company’s earnings are expected to increase by 20.30%.
SFIX Dividends
Stitch Fix Inc is expected to release its next earnings report in August this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Stitch Fix Inc (NASDAQ:SFIX)’s Major holders
Insiders own 5.76% of the company shares, while shares held by institutions stand at 85.03% with a share float percentage of 90.22%. Investors are also buoyed by the number of investors in a company, with Stitch Fix Inc having a total of 223.0 institutions that hold shares in the company. The top two institutional holders are WORKING CAPITAL ADVISORS (UK) LTD. with over 11.98 million shares worth more than $31.63 million. As of 2024-03-31, WORKING CAPITAL ADVISORS (UK) LTD. held 10.0632% of shares outstanding.
The other major institutional holder is BLACKROCK INC., with the holding of over 10.26 million shares as of 2024-03-31. The firm’s total holdings are worth over $27.08 million and represent 8.6167% of shares outstanding.
