Stitch Fix（纳斯达克股票代码：SFIX）股价上涨8.4％

富途牛牛综合

2023.01.2916:31

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Stitch Fix, Inc. (NASDAQ:SFIX – Get Rating)'s share price rose 8.4% during mid-day trading on Friday . The company traded as high as $4.79 and last traded at $4.79. Approximately 918,081 shares changed hands during mid-day trading, a decline of 68% from the average daily volume of 2,851,321 shares. The stock had previously closed at $4.42.

Analysts Set New Price Targets

SFIX has been the topic of a number of analyst reports. UBS Group dropped their price target on shares of Stitch Fix from $4.30 to $4.20 and set a "neutral" rating on the stock in a research note on Wednesday, December 7th. Truist Financial dropped their price target on shares of Stitch Fix from $6.00 to $5.00 and set a "hold" rating on the stock in a research note on Wednesday, December 7th. Evercore ISI dropped their price target on shares of Stitch Fix from $7.00 to $6.00 and set an "in-line" rating on the stock in a research note on Wednesday, December 7th. Barclays decreased their target price on Stitch Fix from $5.00 to $4.00 and set an "equal weight" rating for the company in a research report on Wednesday, December 7th. Finally, Wells Fargo & Company raised Stitch Fix from an "underweight" rating to an "equal weight" rating and set a $4.00 target price for the company in a research report on Friday, January 6th. Two research analysts have rated the stock with a sell rating and sixteen have given a hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of "Hold" and an average target price of $6.34.

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Stitch Fix Stock Performance

The company's fifty day moving average is $3.78 and its 200-day moving average is $4.59. The company has a market capitalization of $547.40 million, a PE ratio of -2.07 and a beta of 1.93.

Stitch Fix (NASDAQ:SFIX – Get Rating) last released its earnings results on Tuesday, December 6th. The company reported ($0.46) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.44) by ($0.02). The firm had revenue of $455.59 million during the quarter, compared to analysts' expectations of $459.72 million. Stitch Fix had a negative return on equity of 62.71% and a negative net margin of 13.41%. On average, sell-side analysts expect that Stitch Fix, Inc. will post -1.36 EPS for the current fiscal year.

Institutional Investors Weigh In On Stitch Fix

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Greenleaf Trust purchased a new stake in Stitch Fix in the 4th quarter worth approximately $34,000. Perigon Wealth Management LLC purchased a new stake in Stitch Fix in the 3rd quarter worth approximately $48,000. Bank of New York Mellon Corp increased its holdings in Stitch Fix by 11.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 272,400 shares of the company's stock worth $1,076,000 after acquiring an additional 28,478 shares in the last quarter. BNP Paribas Arbitrage SNC boosted its stake in Stitch Fix by 199.7% in the 3rd quarter. BNP Paribas Arbitrage SNC now owns 285,292 shares of the company's stock worth $1,127,000 after purchasing an additional 190,105 shares during the period. Finally, Public Employees Retirement System of Ohio boosted its stake in Stitch Fix by 64.0% in the 3rd quarter. Public Employees Retirement System of Ohio now owns 6,515 shares of the company's stock worth $26,000 after purchasing an additional 2,543 shares during the period. 68.38% of the stock is owned by hedge funds and other institutional investors.

About Stitch Fix

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Stitch Fix, Inc engages in the provision of personalized shipments of apparel, shoes, and accessories. The firm also delivers personalization to clients through the pairing of data science and human judgment. The company was founded by Katrina Lake and Erin Morrison Flynn in February 2011 and is headquartered in San Francisco, CA.