Stitch Fix Inc (NASDAQ: SFIX) is 21.29% higher on its value in year-to-date trading and has touched a low of $2.06 and a high of $5.05 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SFIX stock was last observed hovering at around $4.20 in the last trading session, with the day’s gains setting it 0.13%.
Currently trading at $4.33, the stock is 18.59% and 31.85% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.47 million and changing 3.10% at the moment leaves the stock 34.41% off its SMA200. SFIX registered 24.43% gain for a year compared to 6-month gain of 85.84%. The firm has a 50-day simple moving average (SMA 50) of $3.2841 and a 200-day simple moving average (SMA200) of $3.221425.
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The stock witnessed a 53.00% loss in the last 1 month and extending the period to 3 months gives it a 13.95%, and is 20.28% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.82% over the week and 5.99% over the month.
Stitch Fix Inc (SFIX) has around 4570 employees, a market worth around $566.23M and $1.34B in sales. Profit margin for the company is -9.63%. Distance from 52-week low is 110.19% and -14.17% from its 52-week high. The company has generated returns on investments over the last 12 months (-45.57%).
with sales reaching $306.93M over the same period.The EPS is expected to grow by 47.60% this year, but quarterly earnings will post -14.46% year-over-year. Quarterly sales are estimated to shrink -15.86% in year-over-year returns.
Stitch Fix Inc (SFIX) Top Institutional Holders
215.0 institutions hold shares in Stitch Fix Inc (SFIX), with institutional investors hold 92.42% of the company’s shares. The shares outstanding are 102.44M, and float is at 98.27M with Short Float at 7.30%. Institutions hold 87.02% of the Float.
The top institutional shareholder in the company is WORKING CAPITAL ADVISORS (UK) LTD. with over 11.98 million shares valued at $49.72 million. The investor’s holdings represent 9.8787% of the SFIX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.32 million shares valued at $42.82 million to account for 8.508 of the shares outstanding. The other top investors are DISCIPLINED GROWTH INVESTORS INC /MN which holds 9.27 million shares representing 7.6474% and valued at over $38.49 million, while DIVISAR CAPITAL MANAGEMENT LLC holds 4.849 of the shares totaling 5.88 million with a market value of $24.4 million.
Stitch Fix Inc (SFIX) Insider Activity
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Still, SEC filings show that on Sep 13 ’24, Bacos Anthony (Chief Prod/Technology Officer) disposed off 20,720 shares at an average price of $3.78 for $78322.0. The insider now directly holds 579,707 shares of Stitch Fix Inc (SFIX).
