The shares of Stitch Fix Inc. (NASDAQ:SFIX) has been pegged with a rating of Buy by Nomura in its latest research note that was published on March 18, 2020. The Services company has also assigned a $18 price target. Nomura wasn’t the only research firm that published a report of Stitch Fix Inc., with other equities research analysts also giving their opinion on the stock. JP Morgan advised investors in its research note published on March 10, 2020, to Neutral the SFIX stock while also putting a $17 price target. The stock had earned Outperform rating from Telsey Advisory Group Markets when it published its report on March 10, 2020. That day the Telsey Advisory Group set price target on the stock to $20. BMO Capital Markets was of a view that SFIX is Market Perform in its latest report on February 03, 2020. DA Davidson thinks that SFIX is worth Buy rating. This was contained in the firm’s report on January 30, 2020 in which the stock’s price target was also moved to 29.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 7 believe it has the potential for further growth, thus rating it as Hold while 8 advised investors to purchase the stock. The consensus currently stands at a Overweight while its average price target is $20.00. The price of the stock the last time has raised by 26.06% from its 52-Week high price while it is -57.51% than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 34.87.
The shares of the company dipped by -5.11% during the trading session on Wednesday, reaching a low of $13.62 while ending the day at $13.74. During the trading session, a total of 2.44 million shares were traded which represents a 6.33% incline from the average session volume which is 2.6 million shares. SFIX had ended its last session trading at $14.48. Stitch Fix Inc. debt-to-equity ratio currently stands at 0.00, while its quick ratio hovers at 1.50 SFIX 52-week low price stands at $10.90 while its 52-week high price is $32.34.
The company in its last quarterly report recorded $0.11 earnings per share which is above the predicted by most analysts. The Stitch Fix Inc. generated 165.99 million in revenue during the last quarter. In the second quarter last year, the firm recorded $0.00 earnings per share. Compared to the same quarter last year, the firm’s revenue was up by 36.36%. Stitch Fix Inc. has the potential to record -0.05 EPS for the current fiscal year, according to equities analysts.
Investment analysts at BofA/Merrill published a research note on August 22, 2019 where it informed investors and clients that KBR Inc. (NYSE:KBR) is now rated as Buy. Their price target on the stock stands at $30. SunTrust also rated KBR as Initiated on July 22, 2019, with its price target of $37 suggesting that KBR could surge by 40.29% from its current share price. Even though the stock has been trading at $18.15/share, analysts expect it to surge by 8.26% to reach $32.91/share. It started the day trading at $20.54 and traded between $17.55 and $19.65 throughout the trading session.
A look at its technical shows that KBR’s 50-day SMA is 25.49 while its 200-day SMA stands at 26.43. The stock has a high of $31.92 for the year while the low is $12.00. The stock, however, witnessed a rise in its short on 03/13/20. Compared to previous close which recorded 5.39 M shorted shares, the short percentage went lower by -2.13%, as 5.28M SFIX shares were shorted. At the moment, only 3.84% of KBR Inc. shares were sold short. The company’s P/E ratio currently sits at 13.86, while the P/B ratio is 1.50. The company’s average trading volume currently stands at 1.77M shares, which means that the short-interest ratio is just 3.04 days. Over the past seven days, the company moved, with its shift of 50.23%. Looking further, the stock has dropped -35.74% over the past 90 days while it lost -21.49% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. The BlackRock Fund Advisors bought more KBR shares, increasing its portfolio by 1.34% during the last quarter. This move now sees The BlackRock Fund Advisors purchasing 203,007 shares in the last quarter, thus it now holds 15,301,995 shares of KBR, with a total valuation of $397,239,790. The Vanguard Group, Inc. meanwhile bought more KBR shares in the recently filed quarter, changing its stake to $344,119,945 worth of shares.
Similarly, Massachusetts Financial Services … decreased its KBR Inc. shares by 6.23% during the recently filed quarter. After selling 7,251,994 shares in the last quarter, the firm now controls -481,845 shares of KBR Inc. which are valued at $188,261,764. In the same vein, Frontier Capital Management Co. L… decreased its KBR Inc. shares by during the most recent reported quarter. The firm sold 1,301,345 shares during the quarter which decreased its stakes to 6,633,889 shares and is now valued at $172,215,758. Following these latest developments, around 1.10% of KBR Inc. stocks are owned by institutional investors and hedge funds.