At the time of writing, Stitch Fix Inc [SFIX] stock is trading at $4.29, up 3.37%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The SFIX shares have gain 13.19% over the last week, with a monthly amount drifted -7.94%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Stitch Fix Inc [NASDAQ: SFIX] stock has seen the most recent analyst activity on December 11, 2024, when Telsey Advisory Group reiterated its Market Perform rating and also boosted its price target to $6 from $4. On March 19, 2024, Mizuho initiated with a Underperform rating and assigned a price target of $2 on the stock. Wells Fargo upgraded its rating to a Equal Weight but stick to its price target of $4 on January 06, 2023. JP Morgan downgraded its rating to a Underweight. Telsey Advisory Group reiterated a Market Perform rating for this stock on December 07, 2022, and downed its price target to $5. In a note dated September 21, 2022, Canaccord Genuity downgraded an Hold rating on this stock but restated the target price of $7.
For the past year, the stock price of Stitch Fix Inc fluctuated between $2.06 and $6.99. Currently, Wall Street analysts expect the stock to reach $3.6 within the next 12 months. Stitch Fix Inc [NASDAQ: SFIX] shares were valued at $4.29 at the most recent close of the market. An investor can expect a potential drop of -16.08% based on the average SFIX price forecast.
Analyzing the SFIX fundamentals
According to Stitch Fix Inc [NASDAQ:SFIX], the company’s sales were 1.29B for trailing twelve months, which represents an -12.60% plunge. Gross Profit Margin for this corporation currently stands at 0.43% with Operating Profit Margin at -0.08%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -0.5 and Total Capital is -0.36. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.59.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 3.98 points at the first support level, and at 3.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 4.47, and for the 2nd resistance point, it is at 4.65.
Ratios To Look Out For
It is important to note that Stitch Fix Inc [NASDAQ:SFIX] has a current ratio of 1.73. In addition, the Quick Ratio stands at 1.21 and the Cash Ratio stands at 0.61. Considering the valuation of this stock, the price to sales ratio is 0.44, the price to book ratio is 2.86.
Transactions by insiders
Recent insider trading involved Bacos Anthony, Chief Prod/Technology Officer, that happened on Dec 13 ’24 when 16720.0 shares were sold. Director, Lake Katrina completed a deal on Dec 11 ’24 to sell 0.73 million shares. Meanwhile, Officer Bacos Anthony bought 16720.0 shares on Dec 13 ’24.
