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Stitch Fix (SFIX) Dips More Than Broader Markets: What You Should Know
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Stitch Fix (SFIX - Free Report) closed the most recent trading day at $24.12, moving -1.07% from the previous trading session. This change lagged the S&P 500's daily loss of 0.69%. At the same time, the Dow lost 0.87%, and the tech-heavy Nasdaq lost 0.79%.
Prior to today's trading, shares of the online clothing styling service had lost 8.52% over the past month. This has lagged the Retail-Wholesale sector's loss of 6.9% and the S&P 500's loss of 4.53% in that time.
SFIX will be looking to display strength as it nears its next earnings release, which is expected to be June 5, 2019. On that day, SFIX is projected to report earnings of -$0.03 per share, which would represent a year-over-year decline of 133.33%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $394.58 million, up 24.58% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.22 per share and revenue of $1.55 billion. These totals would mark changes of -43.59% and +26.55%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for SFIX. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating 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.
Investors should also note SFIX's current valuation metrics, including its Forward P/E ratio of 111.54. For comparison, its industry has an average Forward P/E of 12.03, which means SFIX is trading at a premium to the group.
Meanwhile, SFIX's PEG ratio is currently 4.96. 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 1.16 based on yesterday's closing prices.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 84, which puts it in the top 33% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
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Stitch Fix (SFIX) Dips More Than Broader Markets: What You Should Know
Stitch Fix (SFIX - Free Report) closed the most recent trading day at $24.12, moving -1.07% from the previous trading session. This change lagged the S&P 500's daily loss of 0.69%. At the same time, the Dow lost 0.87%, and the tech-heavy Nasdaq lost 0.79%.
Prior to today's trading, shares of the online clothing styling service had lost 8.52% over the past month. This has lagged the Retail-Wholesale sector's loss of 6.9% and the S&P 500's loss of 4.53% in that time.
SFIX will be looking to display strength as it nears its next earnings release, which is expected to be June 5, 2019. On that day, SFIX is projected to report earnings of -$0.03 per share, which would represent a year-over-year decline of 133.33%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $394.58 million, up 24.58% from the year-ago period.
Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $0.22 per share and revenue of $1.55 billion. These totals would mark changes of -43.59% and +26.55%, respectively, from last year.
Investors might also notice recent changes to analyst estimates for SFIX. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating 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.
Investors should also note SFIX's current valuation metrics, including its Forward P/E ratio of 111.54. For comparison, its industry has an average Forward P/E of 12.03, which means SFIX is trading at a premium to the group.
Meanwhile, SFIX's PEG ratio is currently 4.96. 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 1.16 based on yesterday's closing prices.
The Retail - Apparel and Shoes industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 84, which puts it in the top 33% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual 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.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.