After A -0.41% Drop In Share Price, Is Stitch Fix Inc (NASDAQ:SFIX) A Better Trade Than Others?

In last trading session, Stitch Fix Inc (NASDAQ:SFIX) saw 5.19 million shares changing hands with its beta currently measuring 2.00. Company’s recent per share price level of $4.83 trading at -$0.02 or -0.41% at ring of the bell on the day assigns it a market valuation of $612.65M. That closing price of SFIX’s stock is at a discount of -44.72% from its 52-week high price of $6.99 and is indicating a premium of 57.35% 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 2.16 million shares which gives us an average trading volume of 3.34 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.

Stitch Fix Inc (NASDAQ:SFIX) trade information

Upright in the red during last session for losing -0.41%, in the last five days SFIX remained trading in the red while hitting it’s week-highest on Friday, 01/24/25 when the stock touched $4.83 price level, adding 7.12% to its value on the day. Stitch Fix Inc’s shares saw a change of 12.06% in year-to-date performance and have moved -2.82% in past 5-day. Stitch Fix Inc (NASDAQ:SFIX) showed a performance of 21.05% 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 -13.65% to its current value. 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 27.54% in reaching the projected high whereas dropping to the targeted low would mean a gain of 27.54% 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. Apart from that, the company came raising its revenue forecast for fiscal year 2025.

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.