Stitch Fix (SFIX) Projected to Post Earnings on Tuesday

Stitch Fix (NASDAQ:SFIX) is anticipated to post its quarterly earnings results 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.Individual that wish to register for the company’s earnings conference call can do so using this link.

Stitch Fix (NASDAQ:SFIX) last issued its 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. 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 analysts’ expectations of $306.88 million. During the same quarter last year, the firm earned ($0.30) earnings per share. The firm’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 Trading Down 6.6 %

Shares of Stitch Fix stock opened at $4.42 on Tuesday. Stitch Fix has a twelve month low of $2.06 and a twelve month high of $6.99. The stock has a market capitalization of $560.62 million, a P/E ratio of -5.33 and a beta of 1.99. The business’s fifty day moving average price is $4.82 and its 200 day moving average price is $4.05.

Insiders Place Their Bets

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

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. UBS Group lifted their target price on Stitch Fix from $2.80 to $5.00 and gave the company a “neutral” rating in a report on Wednesday, December 4th. Canaccord Genuity Group boosted their price objective on 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 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. Two equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $3.96.

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.