In the last trading session, 1.33 million shares of the Stitch Fix Inc (NASDAQ:SFIX) were traded, and its beta was 1.90. Most recently the company’s share price was $2.67, and it changed around -$0.02 or -0.74% from the last close, which brings the market valuation of the company to $338.66M. SFIX currently trades at a discount to its 52-week high of $5.05, offering almost -89.14% off that amount. The share price’s 52-week low was $2.06, which indicates that the current value has risen by an impressive 22.85% since then. We note from Stitch Fix Inc’s average daily trading volume that its 10-day average is 5.47 million shares, with the 3-month average coming to 2.14 million.

Stitch Fix Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.29. If we narrow it down even further, the data shows that 0 out of 6 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 3 recommended SFIX as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Stitch Fix Inc is expected to report earnings per share of -0.14 for the current quarter.

Stitch Fix Inc (NASDAQ:SFIX) trade information

Instantly SFIX has showed a red trend with a performance of -0.74% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 2.93 on recent trading dayincreased the stock’s daily price by 8.87%. The company’s shares are currently down -25.21% year-to-date, but still down -5.99% over the last five days. On the other hand, Stitch Fix Inc (NASDAQ:SFIX) is -23.28% down in the 30-day period. We can see from the shorts that 6.92 million shares have been sold at a short interest cover period of 6.09 day(s).

The consensus price target as assigned by Wall Street analysts is $4, which translates to bulls needing to increase their stock price by 33.25% from its current value. Analyst projections state that SFIX is forecast to be at a low of $3 and a high of $22.

Stitch Fix Inc (SFIX) estimates and forecasts

Stitch Fix Inc share prices are performing particularly well compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 18.14 percent over the past six months and at a 40.40% annual growth rate that is well above the industry average of 12.20%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 36.40% in revenue this quarter, and will report an increase of 48.30% in the next quarter. The year-over-year growth rate is expected to be -14.60%, down from the previous year.

Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 306.38M in revenue for the current quarter. 5 analysts expect Stitch Fix Inc to make 281.43M in revenue for the current ending quarter.

SFIX Dividends

Stitch Fix Inc’s next quarterly earnings report is expected to be released in November.

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

Upon looking at major shareholders, it appears that insiders hold 5.32% of Stitch Fix Inc shares, and 83.88% of them are in the hands of institutional investors. The stock currently has a share float of 88.59%. Stitch Fix Inc stock is held by 213.0 institutions, with WORKING CAPITAL ADVISORS (UK) LTD. being the largest institutional investor. By 2024-06-30, it held 9.8787% of the shares, which is about 11.98 million shares worth $49.72 million.

BLACKROCK INC., with 8.508% or 10.32 million shares worth $42.82 million as of 2024-06-30, holds the second largest percentage of outstanding shares.