SFIX (Stitch Fix Inc.) stock is in for a key growth catalyst

In the latest session, Stitch Fix Inc. (NASDAQ: SFIX) closed at $4.50 up 8.96% from its previous closing price of $4.13. In other words, the price has increased by $+0.3700 from its previous closing price. On the day, 2328458 shares were traded. SFIX stock price reached its highest trading level at $4.5300 during the session, while it also had its lowest trading level at $4.0996.

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Ratios:

For a deeper understanding of Stitch Fix Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.80 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

Telsey Advisory Group reiterated its Market Perform rating for the stock on December 07, 2022, while the target price for the stock was revised from $6 to $5.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 08 when GURLEY J WILLIAM bought 1,000,000 shares for $5.43 per share. The transaction valued at 5,428,200 led to the insider holds 2,149,762 shares of the business.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.24 while its Price-to-Book (P/B) ratio in mrq is 1.72.

Stock Price History:

Over the past 52 weeks, SFIX has reached a high of $17.16, while it has fallen to a 52-week low of $2.63. The 50-Day Moving Average of the stock is 3.7498, while the 200-Day Moving Average is calculated to be 5.7385.

Shares Statistics:

For the past three months, SFIX has traded an average of 2.99M shares per day and 2.87M over the past ten days. A total of 112.36M shares are outstanding, with a floating share count of 80.78M. Insiders hold about 4.60% of the company’s shares, while institutions hold 90.20% stake in the company. Shares short for SFIX as of Oct 13, 2022 were 15.89M with a Short Ratio of 13.35M, compared to 19.27M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 14.34% and a Short% of Float of 21.48%.

Earnings Estimates

There are 14 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.47 for the current quarter, with a high estimate of -$0.34 and a low estimate of -$0.52, while EPS last year was -$0.02. The consensus estimate for the next quarter is -$0.44, with high estimates of -$0.33 and low estimates of -$0.53.

Analysts are recommending an EPS of between -$1.25 and -$2.18 for the fiscal current year, implying an average EPS of -$1.74. EPS for the following year is -$1.39, with 16 analysts recommending between -$0.75 and -$1.78.

Revenue Estimates

A total of 18 analysts have provided revenue estimates for SFIX’s current fiscal year. The highest revenue estimate was $1.85B, while the lowest revenue estimate was $1.76B, resulting in an average revenue estimate of $1.81B. In the same quarter a year ago, actual revenue was $2.07B, down -12.80% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $1.92B in the next fiscal year. The high estimate is $2.05B and the low estimate is $1.84B. The average revenue growth estimate for next year is up 6.40% from the average revenue estimate for this year.