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How to Buy Stitch Fix Stock

Stitch Fix Inc

Stitch Fix, Inc. sells a range of apparel, shoes, and accessories through its Website and mobile application in the United States.

Stitch Fix stock last closed at $3.91, up 1.03% from the previous day, and has increased 4.83% in one year. It has underperformed other stocks in the Apparel Retail industry by 0.21 percentage points. Stitch Fix stock is currently +89.81% from its 52-week low of $2.06, and -24.81% from its 52-week high of $5.20.

There are currently 122.34M shares of SFIX outstanding. The market capitalization of SFIX is $478.35M. In the past 24 hours, 1.59M SFIX shares were traded.

How to Buy Stitch Fix Stock

Wondering how to invest in Stitch Fix stock? Here's how.
  1. Decide where to buy Stitch Fix stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you figure out where to buy Stitch Fix stock.
  2. Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your investment account: Pick your payment method and add your details.
  4. Analyze Stitch Fix stock: The Stitch Fix ticker symbol is SFIX. Is Stitch Fix stock a good investment? Should you buy shares of SFIX? How do SFIX's underlying business fundamentals look? Do top analysts think Stitch Fix is a good buy? Why has SFIX's stock price moved recently? (Hint: Our stock research website can help you understand if SFIX is a good stock to buy).
  5. Make your SFIX buy order: Decide if you will purchase SFIX shares at the current market price or use a limit order to purchase SFIX shares at a specific price.
  6. Track your SFIX investment: Create a watchlist to key updates about your investment in Stitch Fix stock.

Step 1: Decide where to buy Stitch Fix stock

You need a brokerage account to access the NASDAQ market and buy SFIX shares.

A brokerage account enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create your brokerage account

Now that you've chosen your brokerage, it's time to fill out some personal information so you are able to buy SFIX today.

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Step 3: Deposit funds into your investment account

Now that you've filled out your info on our top ranked stock app, your next step is to transfer the money for your investment:

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Step 4: Analyze Stitch Fix stock

Once you have decided on the best place to buy Stitch Fix stock, it's very important to analyze their stock before you buy, so you actually understand the risk as well as the upside.

Stitch Fix shares data

SFIX Price
$3.91
1w %
10.14%
1y %
4.83%
5y %
-87.54%
P/E
-3.83x
P/B
2.29x
P/S
0.34x
PEG
N/A
Revenue
$1.39B
Earnings
-$121.00M
Fore. Rev. Growth
-1.57%
Fore. Earn. Growth
N/A
Market Cap
$478.35M
Next Earnings
N/A
Next Dividend
N/A

SFIX Fundamentals

WallStreetZen was designed to help everyday investors do more accurate fundamental analysis.

You can see all of the due diligence checks on SFIX's stock page.

Is SFIX stock undervalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge SFIX's fair value.

Using relative valuations methods:

  • SFIX could be undervalued based on its P/B ratio of 2.29x, relative to Apparel Retail industry P/B ratio of 7.8x

You can access more valuation analysis on SFIX's stock here.

SFIX Financial Health Summary

Passed Financial Due Diligence Checks:

  • There are more short-term assets than short-term liabilities on the SFIX balance sheet.
  • SFIX profit margin has gone up from -14% to -8.7% in the past year.
  • There are more short-term assets than long-term liabilities on the SFIX balance sheet.
  • SFIX's operating cash flow of $30.64M allows it to safely service it's debt of $131.91M.

Failed Financial Due Diligence Checks:

  • Total SFIX debt is higher than 5 years ago, relative to shareholder equity.
  • SFIX earnings of -$119.87M is not sufficient to cover its interest payments.
  • SFIX has a relatively high debt to equity ratio of 1.57.

Is it a good time to buy Stitch Fix stock, according to analysts?

Out of 9 sell side analysts who give ratings on SFIX, the consensus analyst rating on SFIX is a Hold

Please note that analyst ratings are not stock recommendations, nor are they financial advice.

Most Recent SFIX Analyst Ratings

Erinn Murphy, a bottom 20% analyst from Piper Sandler maintains SFIX with a strong sell rating and lowers their SFIX price target from $3.00 to $2.25, on Mar 5, 2024.

Maria Ripps, a top 20% analyst from Canaccord Genuity maintains SFIX with a hold rating and lowers their SFIX price target from $4.00 to $3.50, on Mar 5, 2024.

Ike Boruchow, a top 16% analyst from Wells Fargo maintains SFIX with a hold rating and lowers their SFIX price target from $3.50 to $3.00, on Mar 5, 2024.

Aneesha Sherman, a bottom 18% analyst from Bernstein maintains SFIX with a hold rating and lowers their SFIX price target from $4.00 to $3.40, on Mar 5, 2024.

You can dive deeper into what analysts are projecting on the Stitch Fix stock forecast page.

SFIX Momentum

SMA10
3.75
SMA20
3.11
SMA50
2.6
SMA100
2.75
SMA200
3.12
MACD
0.39
MACD Signal
0.33
MACD Histogram
0.05
RSI
71.28
Stochastic %K
89.41
Stochastic %D
81.89
StochRSI %K
60.07
StochRSI %D
58.34

Is SFIX Growing Revenue?

Last year, SFIX revenue was $1.39B. During the past 5 year, SFIX's revenue has increased by -0.98% per year. This was slower than the Apparel Retail industry average of 8.35%.

Dig into SFIX's earnings and revenue performance here.

Are SFIX executives and large shareholders buying or selling the stock?

In the last 12 months, executives and large shareholders at SFIX have sold more shares than they have bought.

David Aufderhaar, Chief Financial Officer of SFIX, was the latest SFIX insider to sell. They sold $103,323.36 worth of SFIX shares on Jun 12, 2024.

Dig into more about who owns SFIX shares here.

Does SFIX provide a stable income stream?

No, Stitch Fix doesn't provide an income stream by paying out dividends.

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Step 5: Make your SFIX buy order

There are two main order types:

  • Market order: A market order is an order to buy or sell a stock at the best price on the market.
    Market orders are generally fine.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at an exact dollar amount, use a limit order.

Click the Open button and eToro will execute the order.

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Step 6: Track your SFIX investment

Now that you own some shares in SFIX, you'll want to keep up with your new shares.

Add SFIX to a watchlist to get notified of important updates regarding your SFIX stock.

SFIX Feed

How to Buy Stock in Stitch Fix

To reiterate, here are the 6 steps to buy stock in Stitch Fix:

  1. Decide where to buy Stitch Fix stock
  2. Create your brokerage account
  3. Deposit funds into your investment account
  4. Analyze Stitch Fix stock
  5. Make your SFIX buy order
  6. Track your SFIX investment

If you require a brokerage account, eToro is our recommended option.

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If you would like to get notifications regarding your new investment in Stitch Fix, get started below.

NASDAQ: SFIX
$3.91+0.04 (+1.03%)
Updated Jun 20, 2024
Open eToro Account
NASDAQ: SFIX
$3.91+0.04 (+1.03%)
Updated Jun 20, 2024
Open eToro Account

FAQ

How much does it cost to buy one Stitch Fix share?

As of Jun 20, 2024, it costs $3.91 to buy one share of Stitch Fix stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.256 shares of SFIX.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Stitch Fix stock?

According to 9 Wall Street analysts who monitor Stitch Fix, their consensus recommendation is to hold Stitch Fix stock.

What is the best way to buy Stitch Fix stock?

One way to place an order for Stitch Fix stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.