The closing price of Stitch Fix Inc (NASDAQ: SFIX) was $2.27 for the day, up 0.89% from the previous closing price of $2.25. In other words, the price has increased by $+0.0200 from its previous closing price. On the day, 2364310 shares were traded. SFIX stock price reached its highest trading level at $2.3200 during the session, while it also had its lowest trading level at $2.1550.
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 1.19 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.
Telsey Advisory Group reiterated its Market Perform rating for the stock on December 07, 2022, while the target price for the stock was revised from $6 to $5.
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 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 272.79M and an Enterprise Value of 181.99M. 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. Its current Enterprise Value per Revenue stands at 0.12 whereas that against EBITDA is -2.16.
Stock Price History:
Over the past 52 weeks, SFIX has reached a high of $5.48, while it has fallen to a 52-week low of $2.21. The 50-Day Moving Average of the stock is 3.1579, while the 200-Day Moving Average is calculated to be 3.6294.
Shares Statistics:
SFIX traded an average of 1.53M shares per day over the past three months and 2.82M shares per day over the past ten days. A total of 87.92M shares are outstanding, with a floating share count of 87.15M. Insiders hold about 27.48% of the company’s shares, while institutions hold 65.77% stake in the company. Shares short for SFIX as of Feb 29, 2024 were 9.36M with a Short Ratio of 6.10, compared to 9.15M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.79% and a Short% of Float of 13.39%.
Earnings Estimates
The firm’s stock currently is rated by 10 analysts. On average, analysts expect EPS of -$0.24 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 -$0.15 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 -$0.95. EPS for the following year is -$0.7, with 11 analysts recommending between -$0.43 and -$0.95.
Revenue Estimates
A total of 11 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 11 analysts’ estimates, the company’s revenue will be $1.31B 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 up 0.30% from the average revenue estimate for this year.
