Stitch Fix (SFIX) Projected to Post Earnings on Tuesday

Stitch Fix (NASDAQ:SFIX) is anticipated to release its earnings data after the market closes on Tuesday, March 11th. Analysts expect Stitch Fix to post earnings of ($0.11) per share and revenue of $298.04 million for the quarter. Stitch Fix has set its FY 2025 guidance at EPS and its Q2 2025 guidance at EPS.Persons that are interested in registering for the company’s earnings conference call can do so using this link.

Stitch Fix (NASDAQ:SFIX) last issued its quarterly earnings data on Tuesday, December 10th. The company reported ($0.05) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.14) by $0.09. Stitch Fix had a negative net margin of 7.71% and a negative return on equity of 32.71%. The firm had revenue of $318.82 million for the quarter, compared to the consensus estimate of $306.88 million. During the same quarter in the previous year, the firm earned ($0.30) EPS. The company’s quarterly revenue was down 12.6% compared to the same quarter last year. 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 Stock Up 1.7 %

Shares of Stitch Fix stock opened at $4.24 on Friday. The firm’s 50 day moving average price is $4.86 and its 200-day moving average price is $4.07. Stitch Fix has a 52-week low of $2.06 and a 52-week high of $6.99. The company has a market cap of $537.79 million, a P/E ratio of -5.11 and a beta of 2.13.

Analyst Upgrades and Downgrades

A number of research firms recently commented on SFIX. UBS Group lifted their target price on shares of Stitch Fix from $2.80 to $5.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 4th. Canaccord Genuity Group lifted their target price on shares of Stitch Fix from $5.00 to $6.00 and gave the stock a “hold” rating in a research note on Wednesday, December 11th. Finally, Telsey Advisory Group reiterated a “market perform” rating and issued a $6.00 target price on shares of Stitch Fix in a research note on Tuesday, March 4th. One analyst has rated the stock with a sell rating and five have assigned a hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $4.50.

Insider Activity

In other Stitch Fix news, insider Anthony Bacos sold 16,720 shares of the company’s stock in a transaction on Friday, December 13th. The shares were sold at an average price of $4.61, for a total transaction of $77,079.20. Following the completion of the transaction, the insider now directly owns 913,962 shares in the company, valued at approximately $4,213,364.82. This represents a 1.80 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Katrina Lake sold 725,002 shares of the stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $5.78, for a total transaction of $4,190,511.56. The disclosure for this sale can be found here. Insiders own 16.95% of the company’s stock.

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.