When Will Stitch Fix Inc. (SFIX) Be Worth Investing In?
Stitch Fix Inc. (NASDAQ:SFIX) has a beta value of 2.02 and has seen 1.03 million shares traded in the last trading session. The company, currently valued at $6.44B, closed the last trade at $61.13 per share which meant it lost -$1.98 on the day or -3.14% during that session. The SFIX stock price is -86.1% off its 52-week high price of $113.76 and 64.67% above the 52-week low of $21.60. If we look at the companys 10-day average daily trading volume, we find that it stood at 4.04 million shares traded. The 3-month trading volume is 2.03 million shares. The consensus among analysts is that Stitch Fix Inc. (SFIX) is a Hold stock at the moment, with a recommendation rating of 2.80. 3 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 16 have rated it as a Hold, with 6 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.13. Stitch Fix Inc. (NASDAQ:SFIX) trade information  Sporting -3.14% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Tuesday, 06/15/21 when the SFIX stock price touched $61.13 or saw a rise of 10.3%. Year-to-date, Stitch Fix Inc. shares have moved 4.10%, while the 5-day performance has seen it change -7.52%. Over the past 30 days, the shares of Stitch Fix Inc. (NASDAQ:SFIX) have changed 41.96%. Short interest in the company has seen 10.06 million shares shorted with days to cover at 4.58. Wall Street analysts have a consensus price target for the stock at $62.13, which means that the shares value could jump 1.61% from current levels. The projected low price target is $27.00 while the price target rests at a high of $85.00. In that case, then, we find that the current price level is -39.05% off the targeted high while a plunge would see the stock lose 55.83% from current levels. Stitch Fix Inc. (SFIX) estimates and forecasts  Figures show that Stitch Fix Inc. shares have underperformed across the wider relevant industry. The companys shares have gained 1.78% over the past 6 months, with this year growth rate of 33.33%, compared to 45.30% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 70.50% and -255.60% for the next quarter. Revenue growth from the last financial year stood is estimated to be 21.40%. 15 analysts offering their estimates for the company have set an average revenue estimate of $547.89 million for the current quarter. 8 have an estimated revenue figure of $591.56 million for the next quarter concluding in Oct 2021. Earnings growth for 2021 is a modest -292.70% while over the next 5 years, the companys earnings are expected to increase by 11.80%. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  SFIX Dividends  Stitch Fix Inc. is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. Stitch Fix Inc. (NASDAQ:SFIX)s Major holders  Insiders own 3.60% of the company shares, while shares held by institutions stand at 101.35% with a share float percentage of 105.12%. Investors are also buoyed by the number of investors in a company, with Stitch Fix Inc. having a total of 357 institutions that hold shares in the company. The top two institutional holders are Baillie Gifford and Company with over 5.21 million shares worth more than $306.03 million. As of Dec 30, 2020, Baillie Gifford and Company held 7.65% of shares outstanding. The other major institutional holder is Vanguard Group, Inc. (The), with the holding of over 5.19 million shares as of Dec 30, 2020. The firms total holdings are worth over $304.74 million and represent 7.61% of shares outstanding. Also the top two Mutual Funds that are holding companys shares are Vanguard U.S. Growth Fund and Vanguard Total Stock Market Index Fund. As of Feb 27, 2021, the former fund manager holds about 3.46% shares in the company for having 2.36 million shares of worth $179.9 million while later fund manager owns 1.62 million shares of worth $95.3 million as of Dec 30, 2020, which makes it owner of about 2.38% of companys outstanding stock.