In the last trading session, 2.69 million Stitch Fix Inc (NASDAQ:SFIX) shares changed hands as the company’s beta touched 2.13. With the company’s per share price at $4.85 changed hands at -$0.28 or -5.46% during last session, the market valuation stood at $615.18M. SFIX’s last price was a discount, traded about -44.12% off its 52-week high of $6.99. The share price had its 52-week low at $2.06, which suggests the last value was 57.53% up since then.
Analysts gave the Stitch Fix Inc (SFIX) stock a consensus recommendation rating of Hold, calculated at a mean rating of 3.33. If we narrow down to specifics, the data shows that 1 out of 6 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 5 recommended SFIX as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Stitch Fix Inc’s EPS for the current quarter is expected to be -0.1.
Stitch Fix Inc (NASDAQ:SFIX) trade information
Instantly SFIX was in red as seen at the end of in last trading. With action -10.02%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 12.53%, with the 5-day performance at -10.02% in the red. However, in the 30-day time frame, Stitch Fix Inc (NASDAQ:SFIX) is 1.04% up.
The consensus price target for the stock as assigned by Wall Street analysts is 4.25, meaning bulls need a downside of -14.12% from its current market value. According to analyst projections, SFIX’s forecast low is 3.5 with 5 as the target high. To hit the forecast high, the stock’s price needs a -3.09% plunge from its current level, while the stock would need to tank 27.84% for it to hit the projected low.
Stitch Fix Inc (SFIX) estimates and forecasts
Year-over-year growth is forecast to reach -11.62% down from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 298.04M. 5 analysts are of the opinion that Stitch Fix Inc’s revenue for the current quarter will be 278.58M. The company’s revenue for the corresponding quarters a year ago was 330.4M and 322.73M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -9.79%. The estimates for the next quarter sales put growth at -13.68%.
The 2025 estimates are for Stitch Fix Inc earnings to increase by 65.89%, but the outlook for the next 5-year period is at 43.97% per year.
SFIX Dividends
Stitch Fix Inc is expected to release its next quarterly earnings report in March.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 8.508% or 10.32 million shares worth $42.82 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF . With 2.82 shares estimated at $13.68 million under it, the former controlled 2.70% of total outstanding shares. On the other hand, iShares Russell 2000 ETF held about 2.48% of the shares, roughly 2.59 shares worth around $12.56 million.
