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 interested in participating in the company’s earnings conference call can do so using this link.

Stitch Fix (NASDAQ:SFIX) last posted its quarterly earnings results on Tuesday, December 10th. The company reported ($0.05) EPS for the quarter, beating the consensus estimate of ($0.14) by $0.09. The business had revenue of $318.82 million during the quarter, compared to analysts’ expectations of $306.88 million. Stitch Fix had a negative return on equity of 32.71% and a negative net margin of 7.71%. The company’s quarterly revenue was down 12.6% compared to the same quarter last year. During the same period last year, the firm earned ($0.30) EPS. 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

SFIX opened at $4.42 on Tuesday. Stitch Fix has a 12 month low of $2.06 and a 12 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 has a 50 day simple moving average of $4.82 and a 200-day simple moving average of $4.05.

Analyst Ratings Changes

Several equities analysts recently weighed in on SFIX shares. Telsey Advisory Group raised their price objective on Stitch Fix from $4.00 to $6.00 and gave the company a “market perform” rating in a research note on Wednesday, December 11th. Canaccord Genuity Group raised their price objective on Stitch Fix from $5.00 to $6.00 and gave the company a “hold” rating in a research note on Wednesday, December 11th. Finally, UBS Group raised their price objective on Stitch Fix from $2.80 to $5.00 and gave the company a “neutral” rating in a research note on Wednesday, December 4th. Two investment analysts have rated the stock with a sell rating and seven have given a hold rating to the company’s stock. According to MarketBeat.com, Stitch Fix currently has an average rating of “Hold” and an average price target of $3.96.

Insiders Place Their Bets

In other Stitch Fix news, insider Anthony Bacos sold 16,720 shares of the firm’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 completion of the transaction, the insider now owns 913,962 shares of the company’s stock, valued at approximately $4,213,364.82. This trade represents a 1.80 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Katrina Lake sold 725,002 shares of the firm’s stock in a transaction on 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 company insiders.

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.