Stitch Fix, Inc. (SFIX) is an interesting player in the Services space, with a focus on Specialty Retail, Other. The stock has been active on the tape, currently trading at $24.88, up from yesterday’s close by 26.49%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.Fundamental Analysis
Stitch Fix, Inc. (SFIX) currently trades with a market capitalization of $2.01 Billion. That value represents a market adjusting for revenues that have been growing by 24.45 % on a quarterly year/year basis as of the company’s last quarterly report.
You can get a sense of how sustainable that is by a levered free cash flow of $49.47 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0.04 on a per share basis this quarter. Perhaps, that suggests something about why 0.00% of the outstanding share supply is held by institutional investors.
We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, Stitch Fix, Inc. recorded a 52-week high of $30.07. It is now trading 5.19% off that level. The stock is trading $21.30 its 50-day moving average by -3.58%. The stock carved out a 52-week low down at $14.48.
In recent action, Stitch Fix, Inc. (SFIX) has made a move of +4.54% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.04, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 21.00% with $17.26 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of SFIX.