Stitch Fix Inc (NASDAQ:SFIX)’s traded shares stood at 2.17 million during the last session, with the company’s beta value hitting 1.90. At the close of trading, the stock’s price was $2.88, to imply a decrease of -3.68% or -$0.11 in intraday trading. The SFIX share’s 52-week high remains $5.05, putting it -75.35% down since that peak but still an impressive 28.47% since price per share fell to its 52-week low of $2.06. The company has a valuation of $365.30M, with an average of 1.47 million shares in intraday trading volume over the past 10 days and average of 1.99 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Stitch Fix Inc (SFIX), translating to a mean rating of 3.25. Of 6 analyst(s) looking at the stock, 1 analyst(s) give SFIX a Sell rating. 0 of those analysts rate the stock as Overweight while 5 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.14.
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Stitch Fix Inc (NASDAQ:SFIX) trade information
After registering a -3.68% downside in the last session, Stitch Fix Inc (SFIX) has traded red over the past five days. The 5-day price performance for the stock is -3.03%, and -23.20% over 30 days. With these gigs, the year-to-date price performance is -19.33%. Short interest in Stitch Fix Inc (NASDAQ:SFIX) saw shorts transact 7.82 million shares and set a 2.41 days time to cover.
The extremes give us $3 and $22 for target low and target high price respectively. As such, SFIX has been trading -663.89% off suggested target high and -4.17% from its likely low.
Stitch Fix Inc (SFIX) estimates and forecasts
Looking at statistics comparing Stitch Fix Inc share performance against respective industry, we note that the company has outperformed competitors. Stitch Fix Inc (SFIX) shares are 28.00% up over the last 6 months, with its year-to-date growth rate higher than industry average at 44.44% against 13.10%. Revenue is forecast to grow 36.40% this quarter before jumping 44.80% for the next one. The rating firms project that company’s revenue will shrink -14.30% compared to the previous financial year.
Revenue forecast for the current quarter as set by 7 analysts is 307.13M. Meanwhile, for the current quarter, a total of 7 analyst(s) estimate revenue growth to 283.4M.
SFIX Dividends
Stitch Fix Inc has its next earnings report out in November. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Stitch Fix Inc (NASDAQ:SFIX)’s Major holders
Stitch Fix Inc insiders hold 5.32% of total outstanding shares, with institutional holders owning 84.07% of the shares at 88.79% float percentage. In total, 84.07% institutions holds shares in the company, led by WORKING CAPITAL ADVISORS (UK) LTD.. As of 2024-06-30, the company held over 11.98 million shares (or 9.8787% of shares), all amounting to roughly $49.72 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 10.32 million shares, or about 8.508% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $42.82 million.