During the last session, Stitch Fix Inc (NASDAQ:SFIX)’s traded shares were 3.07 million, with the beta value of the company hitting 2.00. At the end of the trading day, the stock’s price was $4.37, reflecting an intraday gain of 1.39% or $0.06. The 52-week high for the SFIX share is $6.99, that puts it down -59.95 from that peak though still a striking 52.86% gain since the share price plummeted to a 52-week low of $2.06. The company’s market capitalization is $554.30M, and the average intraday trading volume over the past 10 days was 3.98 million shares, and the average trade volume was 3.05 million shares over the past three months.
Stitch Fix Inc (SFIX) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.29. SFIX has a Sell rating from 1 analyst(s) out of 6 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it.
Stitch Fix Inc (NASDAQ:SFIX) trade information
Stitch Fix Inc (SFIX) registered a 1.39% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.39% in intraday trading to $4.37, hitting a weekly high. The stock’s 5-day price performance is 15.92%, and it has moved by -6.22% in 30 days. Based on these gigs, the overall price performance for the year is 22.07%. The short interest in Stitch Fix Inc (NASDAQ:SFIX) is 5.98 million shares and it means that shorts have 3.7 day(s) to cover.
The consensus price target of analysts on Wall Street is $3.5, which implies a decrease of -24.86% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3.5 and $3.8 respectively. As a result, SFIX is trading at a premium of 13.04% off the target high and 19.91% off the low.
Stitch Fix Inc (SFIX) estimates and forecasts
Statistics show that Stitch Fix Inc has outperformed its competitors in share price, compared to the industry in which it operates. Stitch Fix Inc (SFIX) shares have gone up 12.63% during the last six months, with a year-to-date growth rate more than the industry average at 55.56% against 8.50.
While earnings are projected to return 64.08% in 2025.
SFIX Dividends
Stitch Fix Inc is due to release its next quarterly earnings in February. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Stitch Fix Inc (NASDAQ:SFIX)’s Major holders
Stitch Fix Inc insiders own 6.37% of total outstanding shares while institutional holders control 86.98%, with the float percentage being 92.89%. WORKING CAPITAL ADVISORS (UK) LTD. is the largest shareholder of the company, while 212.0 institutions own stock in it. As of 2024-06-30, the company held over 11.98 million shares (or 9.8787% of all shares), a total value of $49.72 million in shares.
The next largest institutional holding, with 10.32 million shares, is of BLACKROCK INC.’s that is approximately 8.508% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $42.82 million.
