Stitch Fix: A Cheap Fix

Sep. 30, 2021 7:33 PM ETStitch Fix, Inc. (SFIX) StockSFIX33 Comments

Summary

  • Stitch Fix still trades below $40 despite a blowout FQ4 report.
  • The online personalized shopping site has new product offerings setting the company up to grab a larger share of the retail TAM.
  • The stock only trades at 1.5x FY23 sales targets despite growth targeted to top 15%.
  • This idea was discussed in more depth with members of my private investing community, Out Fox The Street. Learn More »

Top view of sewing machine with accessories for sewing, scissors and a measuring tape on pink background. Vertical position

Irina Shatilova/iStock via Getty Images

Stitch Fix (NASDAQ:SFIX) collapsed heading in the recent quarterly results, yet the company reported blowout numbers again. The stock has slipped back below $40 on the market weakness setting up an ideal entry point for

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This article was written by

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Stone Fox Capital is an RIA from Oklahoma. Mark Holder is a CPA with degrees in Accounting and Finance. He is also Series 65 licensed and has 30 years of investing experience, including 15 years as a portfolio manager.

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Analyst’s Disclosure:I/we have a beneficial long position in the shares of SFIX either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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