Stitch Fix Inc (NASDAQ:SFIX) price on Thursday, April 10, fall -6.33% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $2.96.
A look at the stock’s price movement, the close in the last trading session was $3.16, moving within a range at $2.845 and $3.05. The beta value (5-Year monthly) was 2.04. Turning to its 52-week performance, $6.99 and $2.06 were the 52-week high and 52-week low respectively. Overall, SFIX moved -26.00% over the past month.
Stitch Fix Inc’s market cap currently stands at around $381.24 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Mar-10.
Analysts have a consensus estimate of 315.03M for the company’s revenue for the quarter, with a low and high estimate of 313M and 317M respectively. The average forecast suggests down to a -2.39% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 1.23B, representing a -7.69% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SFIX is a 100% Sell. On the other hand, the stock is on average a Hold as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
6 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 5 analyst(s) rate the stock as a Hold, 0 recommend SFIX as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SFIX’s current price about -11.48% and -29.49% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 36.47, while 7-day volatility ratio is 16.07% and 9.21% in the 30-day chart. Further, Stitch Fix Inc (SFIX) has a beta value of 2.00, and an average true range (ATR) of 0.35. Analysts have given the company’s stock an average 52-week price target of $5, forecast between a low of $5 and high of $5. Looking at the price targets, the low is -68.92% off current price level while to achieve the yearly target high, price needs to move -68.92%. Nonetheless, investors will most likely welcome a -68.92% jump to $5 which is the analysts’ median price.
If we refocus on Stitch Fix Inc (NASDAQ:SFIX), historical trading data shows that trading volumes averaged 2.57 over the past 10 days and 2.41 million over the past 3 months. The company’s latest data on shares outstanding shows there are 112.54 million shares.
The 19.10% of Stitch Fix Inc’s shares are in the hands of company insiders while institutional holders own 76.69% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 10.0 million on 2025-03-14, giving us a short ratio of 3.8. The data shows that as of 2025-03-14 short interest in Stitch Fix Inc (SFIX) stood at 1037.0 of shares outstanding, with shares short rising to 8.76 million registered in 2025-02-14. Current price change has pushed the stock -31.32% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SFIX stock continues to rise going into the next quarter.
