In recent trading session, Stitch Fix Inc (NASDAQ:SFIX) saw 0.69 million shares changing hands at last check today with its beta currently measuring 1.98. Company’s recent per share price level of $4.43 trading at -$0.5 or -10.04% at last check today assigns it a market valuation of $562.54M. That most recent trading price of SFIX’s stock is at a discount of -57.79% from its 52-week high price of $6.99 and is indicating a premium of 53.5% 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 3.24 million shares which gives us an average trading volume of 3.20 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 3.29. Splitting up the data highlights that, out of 6 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.11 in the current quarter.
Stitch Fix Inc (NASDAQ:SFIX) trade information
Upright in the red during last session for losing -10.04%, in the last five days SFIX remained trading in the green while hitting it’s week-highest on Tuesday, 01/07/25 when the stock touched $4.43 price level, adding 12.45% to its value on the day. Stitch Fix Inc’s shares saw a change of 2.90% in year-to-date performance and have moved 1.49% in past 5-day. Stitch Fix Inc (NASDAQ:SFIX) showed a performance of -3.17% in past 30-days. Number of shares sold short was 5.98 million shares which calculate 3.7 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 4.25 to the stock, which implies a fall of -4.24% to its recent value today. Analysts have been projecting 3.5 as a low price target for the stock while placing it at a high target of 5. It follows that stock’s current price would jump 20.99% in reaching the projected high whereas dropping to the targeted low would mean a gain of 20.99% 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 lost -6.83% of value to its shares in past 6 months, showing an annual growth rate of 55.56% while that of industry is 8.60. Apart from that, the company came raising its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -11.84% from the last financial year’s standing.
6 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 297.27M for the same. And 6 analysts are in estimates of company making revenue of 280.18M in the next quarter. Company posted 330.4M and 322.73M of sales in current and next quarters respectively a year earlier.
Stitch Fix Inc (NASDAQ:SFIX)’s Major holders
Insiders are in possession of 6.37% of company’s total shares while institution are holding 86.98 percent of that, with stock having share float percentage of 92.89%. Investors also watch the number of corporate investors in a company very closely, which is 86.98% 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 $49.72 million. And as of 2024-06-30, it was holding 9.8787 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 10.32 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.508 of outstanding shares, having a total worth of $42.82 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 2.82 shares of worth $12.48 million or 2.70% of the total outstanding shares. The later fund manager was in possession of 2.39 shares on Oct 31, 2024, making its stake of worth around $10.57 million in the company or a holder of 2.28% of company’s stock.
