Stitch Fix (SFIX) Projected to Post Earnings on Monday

Stitch Fix (NASDAQ:SFIX) is expected to release its earnings data before the market opens on Monday, March 3rd. Analysts expect Stitch Fix to post earnings of ($0.11) per share and revenue of $297.46 million for the quarter. Stitch Fix has set its FY 2025 guidance at EPS and its Q2 2025 guidance at EPS.Parties that wish to listen to the company’s conference call can do so using this link.

Stitch Fix (NASDAQ:SFIX) last released its quarterly earnings results on Tuesday, December 10th. The company reported ($0.05) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.14) by $0.09. The company had revenue of $318.82 million during the quarter, compared to the consensus estimate of $306.88 million. Stitch Fix had a negative net margin of 7.71% and a negative return on equity of 32.71%. The firm’s quarterly revenue was down 12.6% on a year-over-year basis. During the same period in the previous year, the business earned ($0.30) earnings per share. On average, analysts expect Stitch Fix to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Stitch Fix Price Performance

Stitch Fix stock opened at $4.73 on Friday. The firm has a market cap of $599.94 million, a PE ratio of -5.70 and a beta of 1.99. The stock’s fifty day moving average price is $4.80 and its two-hundred day moving average price is $4.03. Stitch Fix has a one year low of $2.06 and a one year high of $6.99.

Analyst Upgrades and Downgrades

SFIX has been the topic of a number of recent analyst reports. UBS Group raised their price target on Stitch Fix from $2.80 to $5.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 4th. Telsey Advisory Group raised their target price on shares of Stitch Fix from $4.00 to $6.00 and gave the company a “market perform” rating in a report on Wednesday, December 11th. Finally, Canaccord Genuity Group upped their price target on shares of Stitch Fix from $5.00 to $6.00 and gave the stock a “hold” rating in a report on Wednesday, December 11th. Two equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. According to MarketBeat, Stitch Fix has a consensus rating of “Hold” and a consensus target price of $3.96.

Insider Activity

In related news, Director Katrina Lake sold 725,002 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $5.78, for a total value of $4,190,511.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Anthony Bacos sold 16,720 shares of the business’s stock in a transaction on Friday, December 13th. The stock was sold at an average price of $4.61, for a total transaction of $77,079.20. Following the sale, the insider now directly owns 913,962 shares in the company, valued at approximately $4,213,364.82. The trade was a 1.80 % decrease in their position. The disclosure for this sale can be found here. 16.95% of the stock is currently owned by corporate insiders.

Stitch Fix Company Profile

Stitch Fix, Inc sells a range of apparel, shoes, and accessories for men, women, and kids through its website and mobile application in the United States and the United Kingdom. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags under the Stitch Fix brand. The company was formerly known as rack habit inc.