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Stitch Fix (SFIX) Outpaces Stock Market Gains: What You Should Know
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Stitch Fix (SFIX - Free Report) closed at $26.88 in the latest trading session, marking a +1.63% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.06%. At the same time, the Dow added 0.83%, and the tech-heavy Nasdaq gained 1.72%.
Coming into today, shares of the online clothing styling service had gained 4.42% in the past month. In that same time, the Retail-Wholesale sector lost 1.06%, while the S&P 500 lost 2.09%.
SFIX will be looking to display strength as it nears its next earnings release, which is expected to be December 10, 2018.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.13 per share and revenue of $1.51 billion. These totals would mark changes of -66.67% and +22.83%, respectively, from last year.
Any recent changes to analyst estimates for SFIX should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. SFIX is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that SFIX has a Forward P/E ratio of 201.25 right now. Its industry sports an average Forward P/E of 15.93, so we one might conclude that SFIX is trading at a premium comparatively.
Investors should also note that SFIX has a PEG ratio of 8.94 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Retail - Apparel and Shoes stocks are, on average, holding a PEG ratio of 1.55 based on yesterday's closing prices.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 63, putting it in the top 25% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Stitch Fix (SFIX) Outpaces Stock Market Gains: What You Should Know
Stitch Fix (SFIX - Free Report) closed at $26.88 in the latest trading session, marking a +1.63% move from the prior day. The stock outpaced the S&P 500's daily gain of 1.06%. At the same time, the Dow added 0.83%, and the tech-heavy Nasdaq gained 1.72%.
Coming into today, shares of the online clothing styling service had gained 4.42% in the past month. In that same time, the Retail-Wholesale sector lost 1.06%, while the S&P 500 lost 2.09%.
SFIX will be looking to display strength as it nears its next earnings release, which is expected to be December 10, 2018.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.13 per share and revenue of $1.51 billion. These totals would mark changes of -66.67% and +22.83%, respectively, from last year.
Any recent changes to analyst estimates for SFIX should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. SFIX is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that SFIX has a Forward P/E ratio of 201.25 right now. Its industry sports an average Forward P/E of 15.93, so we one might conclude that SFIX is trading at a premium comparatively.
Investors should also note that SFIX has a PEG ratio of 8.94 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Retail - Apparel and Shoes stocks are, on average, holding a PEG ratio of 1.55 based on yesterday's closing prices.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This group has a Zacks Industry Rank of 63, putting it in the top 25% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.