Quarterly Snapshot: Quick and Current Ratios for Stitch Fix Inc (SFIX)

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The closing price of Stitch Fix Inc (NASDAQ: SFIX) was $2.25 for the day, down -1.75% from the previous closing price of $2.29. In other words, the price has decreased by -$1.75 from its previous closing price. On the day, 0.99 million shares were traded. SFIX stock price reached its highest trading level at $2.35 during the session, while it also had its lowest trading level at $2.24.

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 1.18 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.77. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.80. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.52.

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 Apr 18 ’24 when O’Connor Casey sold 3,004 shares for $2.22 per share. The transaction valued at 6,666 led to the insider holds 464,379 shares of the business.

Barkema Sarah sold 16,311 shares of SFIX for $36,542 on Mar 14 ’24. The Chief Accounting Officer now owns 138,535 shares after completing the transaction at $2.24 per share. On Jan 18 ’24, another insider, O’Connor Casey, who serves as the Chief Legal Officer of the company, sold 4,692 shares for $3.24 each. As a result, the insider received 15,183 and left with 483,755 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 275804992 and an Enterprise Value of 179583984. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.18 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at 0.121 whereas that against EBITDA is -1.892.

Stock Price History:

Over the past 52 weeks, SFIX has reached a high of $5.20, while it has fallen to a 52-week low of $2.06. The 50-Day Moving Average of the stock is -8.65%, while the 200-Day Moving Average is calculated to be -32.78%.

Shares Statistics:

SFIX traded an average of 1.62M shares per day over the past three months and 1264120 shares per day over the past ten days. A total of 87.92M shares are outstanding, with a floating share count of 86.00M. Insiders hold about 28.43% of the company’s shares, while institutions hold 65.82% stake in the company. Shares short for SFIX as of 1713139200 were 8190918 with a Short Ratio of 5.05, compared to 1710460800 on 10600086. Therefore, it implies a Short% of Shares Outstanding of 8190918 and a Short% of Float of 11.72.

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