In the last trading session, 1.9 million shares of the Stitch Fix Inc (NASDAQ:SFIX) were traded, and its beta was 2.00. Most recently the company’s share price was $3.07, and it changed around -$0.02 or -0.65% from the last close, which brings the market valuation of the company to $395.40M. SFIX currently trades at a discount to its 52-week high of $6.99, offering almost -127.69% off that amount. The share price’s 52-week low was $2.06, which indicates that the current value has risen by an impressive 32.9% since then. We note from Stitch Fix Inc’s average daily trading volume that its 10-day average is 2.44 million shares, with the 3-month average coming to 2.36 million.
Stitch Fix Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.33. If we narrow it down even further, the data shows that 1 out of 6 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 5 recommended SFIX as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. Stitch Fix Inc is expected to report earnings per share of -0.09 for the current quarter.
Stitch Fix Inc (NASDAQ:SFIX) trade information
Instantly SFIX has showed a red trend with a performance of -0.65% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 3.32 on recent trading dayincreased the stock’s daily price by 7.53%. The company’s shares are currently down -28.77% year-to-date, but still up 11.64% over the last five days. On the other hand, Stitch Fix Inc (NASDAQ:SFIX) is -14.48% down in the 30-day period. We can see from the shorts that 10.67 million shares have been sold at a short interest cover period of 3.76 day(s).
The consensus price target as assigned by Wall Street analysts is $5, which translates to bulls needing to increase their stock price by 38.6% from its current value. Analyst projections state that SFIX is forecast to be at a low of $5 and a high of $5.
Stitch Fix Inc (SFIX) estimates and forecasts
The year-over-year growth rate is expected to be -7.69%, down from the previous year.
Consensus estimates provided by 5 financial analysts predict the company will bring in an average of 315.03M in revenue for the current quarter. 5 analysts expect Stitch Fix Inc to make 287.85M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 322.73M and 319.55M respectively. Analysts predict that the company’s current quarter sales will drop, forecast at -2.39%. Forecasts for the next quarter put sales growth at -9.92%.
Stitch Fix Inc earnings are expected to increase by 70.74% in 2025, but the outlook is positive 48.42% per year for the next five years.
SFIX Dividends
Stitch Fix Inc’s next quarterly earnings report is expected to be released on 2025-Mar-10.
Stitch Fix Inc (NASDAQ:SFIX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 5.96% of Stitch Fix Inc shares, and 89.17% of them are in the hands of institutional investors. The stock currently has a share float of 94.82%. Stitch Fix Inc stock is held by 227.0 institutions, with WORKING CAPITAL ADVISORS (UK) LTD. being the largest institutional investor. By 2024-06-30, it held 9.6896% of the shares, which is about 11.98 million shares worth $49.72 million.
BLACKROCK INC., with 8.3451% or 10.32 million shares worth $42.82 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
