Market Insights: Stitch Fix Inc (SFIX)’s Notable Drop of -3.81, Closing at 3.79

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As of close of business last night, Stitch Fix Inc’s stock clocked out at $3.79, down -3.81% from its previous closing price of $3.94. In other words, the price has decreased by -$3.81 from its previous closing price. On the day, 1.82 million shares were traded. SFIX stock price reached its highest trading level at $3.9605 during the session, while it also had its lowest trading level at $3.565.

Ratios:

To gain a deeper understanding of SFIX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.27. For the most recent quarter (mrq), Quick Ratio is recorded 1.23 and its Current Ratio is at 1.75. In the meantime, Its Debt-to-Equity ratio is 0.63 whereas as Long-Term Debt/Eq ratio is at 0.50.

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:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Sep 13 ’24 when Bacos Anthony bought 20,720 shares for $3.78 per share.

Bacos Anthony sold 20,720 shares of SFIX for $78,322 on Sep 13 ’24. The Chief Prod/Technology Officer now owns 579,707 shares after completing the transaction at $3.78 per share. On Jul 17 ’24, another insider, O’Connor Casey, who serves as the Chief Legal Officer of the company, sold 3,045 shares for $4.96 each. As a result, the insider received 15,103 and left with 447,175 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 463672384 and an Enterprise Value of 351072288. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 2.22. Its current Enterprise Value per Revenue stands at 0.246 whereas that against EBITDA is -3.362.

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 -3.93%, while the 200-Day Moving Average is calculated to be 14.83%.

Shares Statistics:

It appears that SFIX traded 1.65M shares on average per day over the past three months and 1764040 shares per day over the past ten days. A total of 122.34M shares are outstanding, with a floating share count of 92.62M. Insiders hold about 24.29% of the company’s shares, while institutions hold 69.82% stake in the company. Shares short for SFIX as of 1724976000 were 7320802 with a Short Ratio of 4.45, compared to 1722384000 on 6847415. Therefore, it implies a Short% of Shares Outstanding of 7320802 and a Short% of Float of 9.810001.

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