WallStreetZenWallStreetZen

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 $3.84, down 3.03% from the previous day, and has increased 29.73% in one year. It has overperformed other stocks in the Apparel Retail industry by 0.1 percentage points. Stitch Fix stock is currently +86.41% from its 52-week low of $2.06, and -23.89% from its 52-week high of $5.05.

There are currently 126.84M shares of SFIX outstanding. The market capitalization of SFIX is $487.06M. In the past 24 hours, 1.33M 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.

Our recommended brokerage: eToro

Based on our research, eToro is the best online stock brokerage. eToro gives you:

  • Invest in stocks with zero commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still buy the stock.
  • Access to global markets: From Tech to Utilities, New York to London — you can fill your portfolio with stocks from the world's top stock exchanges.
  • Social investing: eToro offers a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of other investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other financial assets: Such as ETFs and cryptocurrencies.

Get $10 towards your purchase of stock by opening an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

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.

How to Create a New Investment Account on eToro

  1. Click here to get started.
    eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
  2. Input your personal info to open your new brokerage account.
  1. Send your info by pressing the "Create Account" button.
  2. 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.

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:

Check out this video walkthrough to see the process of transferring money into your new investment account.

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.

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
$3.84
1w %
6.67%
1y %
29.73%
5y %
-82.01%
P/E
-3.59x
P/B
2.6x
P/S
0.35x
PEG
N/A
Revenue
$1.34B
Earnings
-$128.84M
Fore. Rev. Growth
-5.64%
Fore. Earn. Growth
N/A
Market Cap
$487.06M
Next Earnings
Dec 3, 2024
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 2.6x, relative to Apparel Retail industry P/B ratio of 7.88x

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 -10.8% to -9.6% in the past year.
  • There are more short-term assets than long-term liabilities on the SFIX balance sheet.

Failed Financial Due Diligence Checks:

  • SFIX's operating cash flow of $18.52M allows it to safely service it's debt of $117.50M.
  • SFIX has a relatively high debt to equity ratio of 1.6.
  • SFIX earnings of -$130.50M is not sufficient to cover its interest payments.
  • Total SFIX debt is higher than 5 years ago, relative to shareholder equity.

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

Out of 6 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

Tom Nikic, a top 15% analyst from Wedbush reiterates SFIX with a hold rating and maintains their SFIX price target from $3.00 to $3.00, on Jun 5, 2024.

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

SFIX Momentum

SMA10
3.58
SMA20
3.27
SMA50
3.24
SMA100
3.64
SMA200
3.2
MACD
0.21
MACD Signal
0.11
MACD Histogram
0.1
RSI
66.64
Stochastic %K
91.89
Stochastic %D
92.75
StochRSI %K
87.34
StochRSI %D
88.22

Is SFIX Growing Revenue?

Last year, SFIX revenue was $1.34B. During the past 5 year, SFIX's revenue has increased by -3.25% per year. This was slower than the Apparel Retail industry average of 7.98%.

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.

Anthony Bacos, Chief ProdTechnology Officer of SFIX, was the latest SFIX insider to sell. They sold $78,321.60 worth of SFIX shares on Sep 13, 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.

Get analysis from other traders

One of the reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

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.

If you require additional info about investing in stocks on eToro, watch the helpful video below:

Open eToro Account

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.

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.

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

NASDAQ: SFIX
$3.84-0.12 (-3.03%)
Updated Nov 12, 2024
Open eToro Account
NASDAQ: SFIX
$3.84-0.12 (-3.03%)
Updated Nov 12, 2024
Open eToro Account

FAQ

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

As of Nov 12, 2024, it costs $3.84 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 0.26 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 6 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.