The stock price of Stitch Fix Inc (NASDAQ: SFIX) has surged by 5.54 when compared to previous closing price of 3.88, but the company has seen a 9.49% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-19 that SAN FRANCISCO, Nov. 19, 2024 (GLOBE NEWSWIRE) — Stitch Fix, Inc. (NASDAQ:SFIX), the leading online personal styling service, today announced that it will release financial results for its first quarter fiscal year 2025 ended November 2, 2024 after market close on Tuesday, December 10, 2024. Following this, Stitch Fix will hold a conference call at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial results and outlook. The call will be hosted by Matt Baer, CEO, and David Aufderhaar, CFO.
Is It Worth Investing in Stitch Fix Inc (NASDAQ: SFIX) Right Now?
The stock has a 36-month beta value of 1.91. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 6 as “hold,” and 1 as “sell.”
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The public float for SFIX is 98.27M, and at present, short sellers hold a 7.30% of that float. On November 21, 2024, the average trading volume of SFIX was 2.15M shares.
SFIX’s Market Performance
SFIX stock saw an increase of 9.49% in the past week, with a monthly gain of 42.19% and a quarterly increase of 5.27%. The volatility ratio for the week is 4.68%, and the volatility levels for the last 30 days are 5.71% for Stitch Fix Inc (SFIX). The simple moving average for the last 20 days is 14.67% for SFIX stock, with a simple moving average of 27.31% for the last 200 days.
Analysts’ Opinion of SFIX
Many brokerage firms have already submitted their reports for SFIX stocks, with UBS repeating the rating for SFIX by listing it as a “Neutral.” The predicted price for SFIX in the upcoming period, according to UBS is $2.80 based on the research report published on April 08, 2024 of the current year 2024.
Mizuho, on the other hand, stated in their research note that they expect to see SFIX reach a price target of $2. The rating they have provided for SFIX stocks is “Underperform” according to the report published on March 19th, 2024.
Wells Fargo gave a rating of “Equal Weight” to SFIX, setting the target price at $4 in the report published on January 06th of the previous year.
SFIX Trading at 25.08% 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 -18.83% of loss for the given period.
Volatility was left at 5.71%, however, over the last 30 days, the volatility rate increased by 4.68%, as shares surge +45.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +13.54% upper at present.
During the last 5 trading sessions, SFIX rose by +9.89%, which changed the moving average for the period of 200-days by +21.96% in comparison to the 20-day moving average, which settled at $3.57. In addition, Stitch Fix Inc saw 14.71% 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 Barkema Sarah, who proposed sale 61,341 shares at the price of $2.66 back on Oct 01 ’24. After this action, Barkema Sarah now owns shares of Stitch Fix Inc, valued at $162,874 using the latest closing price.
Bacos Anthony, the Officer of Stitch Fix Inc, proposed sale 20,720 shares at $3.78 during a trade that took place back on Sep 13 ’24, which means that Bacos Anthony is holding shares at $78,424 based on the most recent closing price.
Stock Fundamentals for SFIX
Current profitability levels for the company are sitting at:
- -0.09 for the present operating margin
- 0.43 for the gross margin
The net margin for Stitch Fix Inc stands at -0.1. The total capital return value is set at -0.42. Equity return is now at value -54.74, with -21.59 for asset returns.
Based on Stitch Fix Inc (SFIX), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at 0.25.
Currently, EBITDA for the company is -76.06 million with net debt to EBITDA at 0.55. When we switch over and look at the enterprise to sales, we see a ratio of 0.35. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.80.
Conclusion
To sum up, Stitch Fix Inc (SFIX) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
