In last trading session, Stitch Fix Inc (NASDAQ:SFIX) saw 1.58 million shares changing hands with its beta currently measuring 1.98. Company’s recent per share price level of $4.28 trading at -$0.16 or -3.60% at ring of the bell on the day assigns it a market valuation of $523.62M. That closing price of SFIX’s stock is at a discount of -21.5% from its 52-week high price of $5.20 and is indicating a premium of 51.87% from its 52-week low price of $2.06. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.0 million shares which gives us an average trading volume of 2.16 million if we extend that period to 3-months.

For Stitch Fix Inc (SFIX), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.40. Splitting up the data highlights that, out of 8 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 6 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Stitch Fix Inc (NASDAQ:SFIX) trade information

Upright in the red during last session for losing -3.60%, in the last five days SFIX remained trading in the red while hitting it’s week-highest on Thursday, 07/18/24 when the stock touched $4.28 price level, adding 11.02% to its value on the day. Stitch Fix Inc’s shares saw a change of 19.89% in year-to-date performance and have moved -10.27% in past 5-day. Stitch Fix Inc (NASDAQ:SFIX) showed a performance of 12.04% in past 30-days. Number of shares sold short was 6.43 million shares which calculate 2.0 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 5 to the stock, which implies a rise of 14.4% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 22. It follows that stock’s current price would jump 29.91% in reaching the projected high whereas dropping to the targeted low would mean a gain of 29.91% for stock’s current value.

Stitch Fix Inc (SFIX) estimates and forecasts

Statistics highlight that Stitch Fix Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 31.69% of value to its shares in past 6 months, showing an annual growth rate of 22.61% while that of industry is 15.30. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

In 2024, company’s earnings growth rate is likely to be around 39.60% while estimates for its earnings growth in next 5 years are of 20.30%.

SFIX Dividends

Stitch Fix Inc is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Stitch Fix Inc (NASDAQ:SFIX)’s Major holders

Insiders are in possession of 5.76% of company’s total shares while institution are holding 85.03 percent of that, with stock having share float percentage of 90.22%. Investors also watch the number of corporate investors in a company very closely, which is 85.03% institutions for Stitch Fix Inc that are currently holding shares of the company. WORKING CAPITAL ADVISORS (UK) LTD. is the top institutional holder at SFIX for having 11.98 million shares of worth $31.63 million. And as of 2024-03-31, it was holding 10.0632 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 10.26 million shares on 2024-03-31. The number of shares represents firm’s hold over 8.6167 of outstanding shares, having a total worth of $27.08 million.