Stitch Fix Inc. (SFIX) Reveals an Earnings Mystery


Stitch Fix Inc. (NASDAQ:SFIX) went down by -3.36% from its latest closing price compared to the recent 1-year high of $36.29. The company’s stock price has collected 7.24% of gains in the last five trading sessions. Press Release reported 7 hours ago that Stitch Fix Adds Neal Mohan, Chief Product Officer, YouTube and SVP, Google, to Board of Directors

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Is It Worth Investing in Stitch Fix Inc. (NASDAQ :SFIX) Right Now?

Opinions of the stock are interesting as 10 analysts out of 18 who provided ratings for Stitch Fix Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 0 as “sell.”

The average price from analysts is $31.24, which is -$5.55 below the current price. SFIX currently public float of 57.07M and currently shorts hold a 39.27% ratio of that float. Today, the average trading volume of SFIX was 2.43M shares.

SFIX’s Market Performance

SFIX stocks went up by 7.24% for the week, with a monthly jump of 31.27% and a quarterly performance of 48.46%, while its annual performance rate touched 51.11%. The volatility ratio for the week stands at 4.80% while the volatility levels for the past 30 days are set at 5.42% for Stitch Fix Inc.. The simple moving average for the period of the last 20 days is 14.97% for SFIX stocks with a simple moving average of 51.13% for the last 200 days.

Analysts’ Opinion of SFIX

Many brokerage firms have already submitted their reports for SFIX stocks, with Telsey Advisory Group repeating the rating for SFIX by listing it as a “Outperform.” The predicted price for SFIX in the upcoming period, according to Telsey Advisory Group is $33 based on the research report published on September 18th of the current year 2020.

Needham, on the other hand, stated in their research note that they expect to see SFIX reach a price target of $36. The rating they have provided for SFIX stocks is “Buy” according to the report published on September 17th, 2020.

MKM Partners gave a rating of “Neutral” to SFIX, setting the target price at $25 in the report published on September 17th of the current year.

SFIX Trading at 25.44% from the 50-Day Moving Average

After a stumble in the market that brought SFIX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.11% of loss for the given period.

Volatility was left at 5.42%, however, over the last 30 days, the volatility rate increased by 4.80%, as shares surge +36.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +56.40% upper at present.

During the last 5 trading sessions, SFIX rose by +7.24%, which changed the moving average for the period of 200-days by +47.30% in comparison to the 20-day moving average, which settled at $30.73. In addition, Stitch Fix Inc. saw 35.62% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at SFIX starting from HANSEN MARKA, who sale 20,250 shares at the price of $30.00 back on Oct 20. After this action, HANSEN MARKA now owns 0 shares of Stitch Fix Inc., valued at $607,530 using the latest closing price.

Darling Scott, the Chief Legal Officer & Secr. of Stitch Fix Inc., sale 8,000 shares at $35.00 during a trade that took place back on Oct 20, which means that Darling Scott is holding 56,036 shares at $280,000 based on the most recent closing price.

Stock Fundamentals for SFIX

Current profitability levels for the company are sitting at:

  • -2.83 for the present operating margin
  • +42.74 for the gross margin

The net margin for Stitch Fix Inc. stands at -3.92. The total capital return value is set at -10.09, while invested capital returns managed to touch -14.32. Equity return is now at value -16.10, with -8.50 for asset returns.

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Based on Stitch Fix Inc. (SFIX), the company’s capital structure generated 41.02 points at debt to equity in total, while total debt to capital is 29.09. Total debt to assets is 21.38, with long-term debt to equity ratio resting at 34.95. Finally, the long-term debt to capital ratio is 24.79.

When we switch over and look at the enterrpise to sales, we see a ratio of 1.25, with the company’s debt to enterprise value settled at 0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.20.

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