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 $2.15, down 4.44% from the previous day, and has decreased 42.82% in one year. It has underperformed other stocks in the Apparel Retail industry by 0.52 percentage points. Stitch Fix stock is currently +4.37% from its 52-week low of $2.06, and -58.65% from its 52-week high of $5.20.
There are currently 120.17M shares of SFIX outstanding. The market capitalization of SFIX is $258.37M. In the past 24 hours, 877,221 SFIX shares were traded.
How to Buy Stitch Fix Stock
Wondering how to invest in Stitch Fix stock? Here's how.
- 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.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Pick your payment method and add your details.
- 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).
- 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.
- 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.
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Open eToro AccountStep 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
- 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.
- Input your personal info to open your new brokerage account.
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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:
Check out this video walkthrough to see the process of transferring money into your new investment account.
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 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 1.21x, relative to Apparel Retail industry P/B ratio of 7.13x
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 -16.3% to -8.3% 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 $35.72M allows it to safely service it's debt of $139.02M.
Failed Financial Due Diligence Checks:
- Total SFIX debt is higher than 5 years ago, relative to shareholder equity.
- SFIX earnings of -$120.17M is not sufficient to cover its interest payments.
- SFIX has a relatively high debt to equity ratio of 1.52.
Is it a good time to buy Stitch Fix stock, according to analysts?
Out of 11 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
Maria Ripps, a top 27% 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 21% 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 15% 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.
Dana Telsey, a bottom 2% analyst from Telsey Advisory Group reiterates SFIX with a hold rating and maintains their SFIX price target from $4.00 to $4.00, on Mar 5, 2024.
Trevor Young, a top 34% analyst from Barclays maintains SFIX with a hold rating and lowers their SFIX price target from $4.00 to $3.00, on Dec 11, 2023.
You can dive deeper into what analysts are projecting on the Stitch Fix stock forecast page.
SFIX Momentum
Is SFIX Growing Revenue?
Last year, SFIX revenue was $1.47B. During the past 5 year, SFIX's revenue has increased by 1.34% per year. This was slower than the Apparel Retail industry average of 9.17%.
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.
Casey Oconnor, Chief Legal Officer of SFIX, was the latest SFIX insider to sell. They sold $6,665.88 worth of SFIX shares on Apr 18, 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.
If you require additional info about investing in stocks on eToro, watch the helpful video below:
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:
- Decide where to buy Stitch Fix stock
- Create your brokerage account
- Deposit funds into your investment account
- Analyze Stitch Fix stock
- Make your SFIX buy order
- Track your SFIX investment
If you require a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get notifications regarding your new investment in Stitch Fix, get started below.
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