Stitch Fix (SFIX) to Release Earnings on Monday

Stitch Fix (NASDAQ:SFIX) will likely be releasing 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 are interested in registering for the company’s conference call can do so using this link.

Stitch Fix (NASDAQ:SFIX) last posted its earnings results on Tuesday, December 10th. The company reported ($0.05) EPS for the quarter, topping the consensus estimate of ($0.14) by $0.09. Stitch Fix had a negative return on equity of 32.71% and a negative net margin of 7.71%. The firm had revenue of $318.82 million for the quarter, compared to analyst estimates of $306.88 million. During the same period last year, the company earned ($0.30) earnings per share. Stitch Fix’s revenue for the quarter 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 Performance

SFIX opened at $5.02 on Monday. Stitch Fix has a fifty-two week low of $2.06 and a fifty-two week high of $6.99. The company has a fifty day moving average of $4.72 and a two-hundred day moving average of $4.00. The stock has a market capitalization of $636.74 million, a price-to-earnings ratio of -6.05 and a beta of 1.99.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Canaccord Genuity Group boosted 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. Telsey Advisory Group boosted their price objective on Stitch Fix from $4.00 to $6.00 and gave the stock a “market perform” rating in a research note on Wednesday, December 11th. Finally, UBS Group boosted 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. Two analysts have rated the stock with a sell rating and seven have assigned a hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $3.96.

Insider Transactions at Stitch Fix

In other news, Director Katrina Lake sold 725,002 shares of the company’s stock in a transaction dated 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Anthony Bacos sold 16,720 shares of the company’s stock in a transaction that occurred on Friday, December 13th. The stock was sold at an average price of $4.61, for a total value of $77,079.20. Following the sale, the insider now owns 913,962 shares of the company’s stock, valued at $4,213,364.82. This trade represents a 1.80 % decrease in their position. The disclosure for this sale can be found here. Insiders own 16.95% of the company’s stock.

About Stitch Fix

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.