Daily Market Movement: Stitch Fix Inc (SFIX) Sees a -0.74 Decrease, Closing at 2.67

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The closing price of Stitch Fix Inc (NASDAQ: SFIX) was $2.67 for the day, down -0.74% from the previous closing price of $2.69. In other words, the price has decreased by -$0.74 from its previous closing price. On the day, 1.33 million shares were traded. SFIX stock price reached its highest trading level at $2.79 during the session, while it also had its lowest trading level at $2.63.

Ratios:

Our analysis of SFIX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 74.43. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.51.

On March 19, 2024, Mizuho started tracking the stock assigning a Underperform rating and target price of $2.

Wells Fargo Upgraded its Underweight to Equal Weight on January 06, 2023, while the target price for the stock was maintained at $4.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 01 ’24 when Barkema Sarah bought 61,341 shares for $2.66 per share.

Bacos Anthony bought 20,720 shares of SFIX for $78,424 on Sep 13 ’24. On Sep 13 ’24, another insider, Bacos Anthony, who serves as the Chief Prod/Technology Officer of the company, sold 20,720 shares for $3.78 each. As a result, the insider received 78,322 and left with 579,707 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SFIX now has a Market Capitalization of 338657472 and an Enterprise Value of 203044304. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 1.78. Its current Enterprise Value per Revenue stands at 0.152 whereas that against EBITDA is -5.277.

Stock Price History:

Over the past 52 weeks, SFIX has reached a high of $5.05, while it has fallen to a 52-week low of $2.06. The 50-Day Moving Average of the stock is -26.69%, while the 200-Day Moving Average is calculated to be -17.84%.

Shares Statistics:

SFIX traded an average of 2.14M shares per day over the past three months and 5473760 shares per day over the past ten days. A total of 102.44M shares are outstanding, with a floating share count of 97.31M. Insiders hold about 23.28% of the company’s shares, while institutions hold 67.36% stake in the company. Shares short for SFIX as of 1726185600 were 6922471 with a Short Ratio of 3.23, compared to 1723680000 on 7526830. Therefore, it implies a Short% of Shares Outstanding of 6922471 and a Short% of Float of 8.92.

Earnings Estimates

Its stock is currently analyzed by 5.0 different market analysts. The consensus estimate for the next quarter is -$0.15, with high estimates of -$0.09 and low estimates of -$0.23.

Analysts are recommending an EPS of between -$0.39 and -$0.73 for the fiscal current year, implying an average EPS of -$0.53. EPS for the following year is -$0.45, with 6.0 analysts recommending between -$0.31 and -$0.67.

Revenue Estimates

For the next quarter, 5 analysts are estimating revenue of $281.43M. There is a high estimate of $285M for the next quarter, whereas the lowest estimate is $275.55M.

A total of 6 analysts have provided revenue estimates for SFIX’s current fiscal year. The highest revenue estimate was $1.16B, while the lowest revenue estimate was $1.13B, resulting in an average revenue estimate of $1.14B. In the same quarter a year ago, actual revenue was $1.34BBased on 6 analysts’ estimates, the company’s revenue will be $1.11B in the next fiscal year. The high estimate is $1.22B and the low estimate is $1.03B.

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