Stitch Fix (SFIX) Expected to Announce Quarterly Earnings on Monday

Stitch Fix (NASDAQ:SFIX - Get Free Report) will likely be announcing its earnings results before the market opens on Monday, March 3rd. Analysts expect the company to announce 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.Investors that wish to register for the company's conference call can do so using this link.

Stitch Fix (NASDAQ:SFIX - Get Free Report) last released its quarterly earnings data on Tuesday, December 10th. The company reported ($0.05) earnings per share (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 during the quarter, compared to analyst estimates of $306.88 million. During the same period in the prior year, the company posted ($0.30) earnings per share. The business'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 Down 0.5 %

Stitch Fix stock traded down $0.02 during mid-day trading on Tuesday, hitting $4.40. 2,545,024 shares of the company were exchanged, compared to its average volume of 2,323,010. The business has a fifty day moving average of $4.83 and a 200 day moving average of $4.06. Stitch Fix has a 1-year low of $2.06 and a 1-year high of $6.99. The company has a market capitalization of $558.09 million, a PE ratio of -5.30 and a beta of 1.99.

Analysts Set New Price Targets

Several brokerages have recently commented on SFIX. UBS Group increased their target price on Stitch Fix from $2.80 to $5.00 and gave the stock a "neutral" rating in a report on Wednesday, December 4th. Telsey Advisory Group restated a "market perform" rating and set a $6.00 target price on shares of Stitch Fix in a report on Tuesday. Finally, Canaccord Genuity Group increased their target price on Stitch Fix from $5.00 to $6.00 and gave the stock a "hold" rating in a report on Wednesday, December 11th. Two analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and an average price target of $3.96.

Insiders Place Their Bets

In related news, Director Katrina Lake sold 725,002 shares of Stitch Fix stock in a transaction that occurred 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 sale was disclosed in a document filed with the SEC, which is available at this link. Also, insider Anthony Bacos sold 16,720 shares of Stitch Fix stock in a transaction that occurred on Friday, December 13th. The shares were sold at an average price of $4.61, for a total value of $77,079.20. Following the completion of the sale, 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 position. The disclosure for this sale can be found here. Company 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.