Stitch Fix Inc (NASDAQ: SFIX) closed the day trading at $2.47 down -0.40% from the previous closing price of $2.48. In other words, the price has decreased by -$0.0100 from its previous closing price. On the day, 1515404 shares were traded.
Ratios:
For a better understanding of SFIX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.02. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Mizuho on March 19, 2024, initiated with a Underperform rating and assigned the stock a target price of $2.
On January 06, 2023, Wells Fargo Upgraded its rating to Equal Weight which previously was Underweight but kept the price unchanged to $4.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 14 ’24 when Barkema Sarah sold 16,311 shares for $2.24 per share. The transaction valued at 36,542 led to the insider holds 138,535 shares of the business.
O’Connor Casey sold 4,692 shares of SFIX for $15,183 on Jan 18 ’24. The Chief Legal Officer now owns 483,755 shares after completing the transaction at $3.24 per share. On Dec 15 ’23, another insider, Barkema Sarah, who serves as the Chief Accounting Officer of the company, sold 17,651 shares for $4.15 each. As a result, the insider received 73,165 and left with 134,914 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 298.63M and an Enterprise Value of 207.82M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 1.39. Its current Enterprise Value per Revenue stands at 0.14 whereas that against EBITDA is -2.47.
Stock Price History:
The Beta on a monthly basis for SFIX is 1.92, which has changed by -43.61% over the last 52 weeks, in comparison to a change of 26.95% over the same period for the S&P500. Over the past 52 weeks, SFIX has reached a high of $5.20, while it has fallen to a 52-week low of $2.15. The 50-Day Moving Average of the stock is 2.9793, while the 200-Day Moving Average is calculated to be 3.5342.
Shares Statistics:
Over the past 3-months, SFIX traded about 1.64M shares per day on average, while over the past 10 days, SFIX traded about 1.87M shares per day. A total of 87.92M shares are outstanding, with a floating share count of 86.15M. Insiders hold about 28.31% of the company’s shares, while institutions hold 65.77% stake in the company. Shares short for SFIX as of Mar 15, 2024 were 10.6M with a Short Ratio of 6.45, compared to 8.55M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 8.82% and a Short% of Float of 15.16%.
Earnings Estimates
Current recommendations for the stock of the company come from 9 analysts. On average, analysts expect EPS of -$0.25 for the current quarter, with a high estimate of -$0.19 and a low estimate of -$0.28, while EPS last year was -$0.19. The consensus estimate for the next quarter is -$0.19, with high estimates of -$0.13 and low estimates of -$0.23.
Analysts are recommending an EPS of between -$0.83 and -$1 for the fiscal current year, implying an average EPS of -$0.94. EPS for the following year is -$0.7, with 10 analysts recommending between -$0.51 and -$0.83.
Revenue Estimates
A total of 10 analysts have provided revenue estimates for SFIX’s current fiscal year. The highest revenue estimate was $1.32B, while the lowest revenue estimate was $1.3B, resulting in an average revenue estimate of $1.31B. In the same quarter a year ago, actual revenue was $1.64B, down -20.20% from the average estimate. Based on 10 analysts’ estimates, the company’s revenue will be $1.3B in the next fiscal year. The high estimate is $1.39B and the low estimate is $1.17B. The average revenue growth estimate for next year is down -0.20% from the average revenue estimate for this year.
