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

Stitch Fix (NASDAQ:SFIX - Get Free Report) is expected to be issuing its quarterly earnings data 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 interested in participating in the company's conference call can do so using this link.

Stitch Fix (NASDAQ:SFIX - Get Free Report) last issued its quarterly earnings results 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. The business had revenue of $318.82 million for the quarter, compared to the consensus estimate of $306.88 million. Stitch Fix had a negative return on equity of 32.71% and a negative net margin of 7.71%. The firm's quarterly revenue was down 12.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.30) earnings per share. 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 5.3 %

Shares of NASDAQ:SFIX traded down $0.26 during trading on Thursday, reaching $4.62. 1,776,779 shares of the company traded hands, compared to its average volume of 2,238,670. The firm has a market capitalization of $585.99 million, a PE ratio of -5.57 and a beta of 1.99. Stitch Fix has a 52 week low of $2.06 and a 52 week high of $6.99. The company's 50 day moving average is $4.78 and its two-hundred day moving average is $4.03.

Analysts Set New Price Targets

A number of brokerages have issued reports on SFIX. UBS Group increased their price objective 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. Telsey Advisory Group boosted their price objective on shares of Stitch Fix from $4.00 to $6.00 and gave the company a "market perform" rating in a research report on Wednesday, December 11th. Finally, Canaccord Genuity Group lifted their price target on Stitch Fix from $5.00 to $6.00 and gave the company a "hold" rating in a research note on Wednesday, December 11th. Two investment analysts have rated the stock with a sell rating and seven have given a hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $3.96.

Insider Buying and Selling

In other 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 transaction of $77,079.20. Following the sale, the insider now directly 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 document filed with the SEC, which is accessible through the SEC website. Also, Director Katrina Lake sold 725,002 shares of the firm's stock in a transaction that occurred on 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. 16.95% of the stock is currently owned by corporate insiders.

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.