Stitch Fix, Inc. (NASDAQ:SFIX – Get Free Report) has received a consensus recommendation of “Reduce” from the eleven research firms that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation and nine have issued a hold recommendation on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $3.27.
A number of equities research analysts have recently issued reports on SFIX shares. Canaccord Genuity Group reduced their price objective on Stitch Fix from $4.50 to $3.50 and set a “hold” rating for the company in a report on Wednesday, September 25th. Telsey Advisory Group restated a “market perform” rating and issued a $4.00 price target on shares of Stitch Fix in a research note on Wednesday, September 25th. Finally, UBS Group decreased their price objective on Stitch Fix from $3.80 to $2.80 and set a “neutral” rating on the stock in a report on Friday, October 11th.
Read Our Latest Analysis on SFIX
Institutional Inflows and Outflows
Stitch Fix Stock Performance
Shares of SFIX stock opened at $2.82 on Wednesday. Stitch Fix has a 52 week low of $2.06 and a 52 week high of $5.05. The company has a market capitalization of $357.69 million, a price-to-earnings ratio of -2.61 and a beta of 1.90. The company has a 50-day simple moving average of $3.38 and a 200 day simple moving average of $3.26.
About Stitch Fix
Stitch Fix, Inc sells a range of apparel, shoes, and accessories for men, women, and kids through its website and mobile application in the United States and the United Kingdom. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags under the Stitch Fix brand. The company was formerly known as rack habit inc.
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