Stitch Fix Inc (SFIX) Stocks Experience Steady decrease to Close at $2.27

Stitch Fix Inc (NASDAQ: SFIX) closed the day trading at $2.27 down -1.73% from the previous closing price of $2.31. On the day, 1514018 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 1.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.89. 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:

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:

For the stock, the TTM Price-to-Sale (P/S) ratio is 0.19 while its Price-to-Book (P/B) ratio in mrq is 1.28.

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 $2.15.

Shares Statistics:

A total of 87.92M shares are outstanding, with a floating share count of 86.00M. Insiders hold about 28.44% of the company’s shares, while institutions hold 66.14% stake in the company.

Earnings Estimates

Current recommendations for the stock of the company come from F/m Opportunistic Income ETF analysts. The consensus estimate for the next quarter is $50.04, with high estimates of $10.09 and low estimates of $14.61.

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