Frequent question: Why is Stitch Fix dropping?

Why is stitch fix stock going down?

Shares of Stitch Fix (NASDAQ:SFIX) were plunging after the personalized online styling service turned in disappointing results in its fiscal second quarter, missing both analyst estimates and the company’s own guidance. The company also lowered its full-year guidance, adding to investor concerns.

Is stitch fix overvalued?

Valuation metrics show that Stitch Fix, Inc. may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of SFIX, demonstrate its potential to underperform the market.

Who is Stitch Fix competitors?

Stitch Fix’s top competitors include QVC, TechStyle Fashion Group, Ascena Retail Group, Le Tote, Wantable, Trunk Club and DAILYLOOK.

How profitable is Stitch Fix?

Net income for the quarter was positive at $21 million, with Stitch Fix just missed a profitable year with a net loss of $9 million for fiscal 2021.

Does Stitch Fix have any debt?

Stitch Fix debt/equity for the three months ending April 30, 2021 was 0.00. Stitch Fix, Inc. provides an online subscription and personal shopping platform.

Compare SFIX With Other Stocks.

Stock Name Xcel Brands (XELB)
Country United States
Market Cap $0.033B
PE Ratio 0.00
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Is stitch fix a buy sell or hold?

Stitch Fix has received a consensus rating of Hold. The company’s average rating score is 2.25, and is based on 7 buy ratings, 6 hold ratings, and 3 sell ratings.

What stocks should I buy for long term investments?

Stocks to Buy and Hold for Long Term According to Warren Buffett

  • StoneCo Ltd. (NASDAQ: STNE)
  • T-Mobile US, Inc. (NASDAQ: TMUS)
  • STORE Capital Corporation (NYSE: STOR)
  • Snowflake Inc. (NYSE: SNOW)
  • Mastercard Incorporated (NYSE: MA)

Does Stitch Fix have actual stylists?

With Stitch Fix, users don’t go shopping for their clothes. Professional stylists do the job for them and the personal shopping service ships the new clothes to their door. The stylists aren’t working on their own, though; they’re using artificial intelligence (A.I.) and a team of about 60 data scientists.

Where can I buy clothes similar to Stitch Fix?

For Companies Like Stitch Fix, Try These 19 Compelling…

  • Trunk Club.
  • Wantable.
  • Thread.com (Thread Clothing)
  • Amazon’s Personal Shopper by Prime Wardrobe.
  • Prime Wardrobe by Amazon.
  • Nora Gardner Style Box.
  • Menlo Club.
  • Curateur (formerly Rachel Zoe’s Box of Style)