Stitch Fix, Inc. (NASDAQ:SFIX) Receives $6.00 Average PT from Brokerages

Shares of Stitch Fix, Inc. (NASDAQ:SFIX) have been assigned an average rating of “Hold” from the seven analysts that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $6.00.

SFIX has been the topic of a number of research reports. Telsey Advisory Group reissued a “market perform” rating and set a $6.00 target price on shares of Stitch Fix in a research report on Thursday, September 25th. UBS Group reissued a “neutral” rating on shares of Stitch Fix in a research report on Wednesday, September 17th. Zacks Research upgraded shares of Stitch Fix to a “hold” rating in a report on Monday, August 11th. Wall Street Zen cut shares of Stitch Fix from a “buy” rating to a “hold” rating in a report on Sunday, June 22nd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Stitch Fix in a report on Saturday, September 27th.

Insider Activity

In other news, insider Anthony Bacos sold 90,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $5.61, for a total value of $504,900.00. Following the sale, the insider directly owned 799,966 shares in the company, valued at approximately $4,487,809.26. This trade represents a 10.11% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO David Aufderhaar sold 20,538 shares of the firm’s stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $5.10, for a total transaction of $104,743.80. Following the completion of the sale, the chief financial officer owned 937,338 shares in the company, valued at $4,780,423.80. This represents a 2.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 1,047,536 shares of company stock valued at $5,350,202 over the last 90 days. 16.95% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Stitch Fix

Hedge funds and other institutional investors have recently modified their holdings of the stock. Russell Investments Group Ltd. raised its position in shares of Stitch Fix by 29.2% in the 1st quarter. Russell Investments Group Ltd. now owns 328,342 shares of the company’s stock valued at $1,067,000 after purchasing an additional 74,142 shares during the last quarter. Caption Management LLC purchased a new position in shares of Stitch Fix in the 1st quarter valued at approximately $216,000. Nuveen LLC purchased a new position in shares of Stitch Fix in the 1st quarter valued at approximately $4,159,000. Vanguard Group Inc. raised its position in shares of Stitch Fix by 7.9% in the 1st quarter. Vanguard Group Inc. now owns 6,982,536 shares of the company’s stock valued at $22,693,000 after purchasing an additional 513,422 shares during the last quarter. Finally, Graham Capital Management L.P. raised its position in shares of Stitch Fix by 133.3% in the 1st quarter. Graham Capital Management L.P. now owns 306,765 shares of the company’s stock valued at $997,000 after purchasing an additional 175,287 shares during the last quarter. 71.04% of the stock is owned by hedge funds and other institutional investors.

Stitch Fix Stock Performance

NASDAQ SFIX opened at $4.12 on Friday. The company has a market capitalization of $552.53 million, a price-to-earnings ratio of -8.96 and a beta of 2.08. The company’s 50-day simple moving average is $5.06 and its two-hundred day simple moving average is $4.28. Stitch Fix has a one year low of $2.60 and a one year high of $6.99.

Stitch Fix (NASDAQ:SFIX) last posted its earnings results on Wednesday, September 24th. The company reported ($0.07) EPS for the quarter, beating analysts’ consensus estimates of ($0.10) by $0.03. The business had revenue of $311.23 million for the quarter, compared to the consensus estimate of $307.15 million. Stitch Fix had a negative net margin of 2.27% and a negative return on equity of 14.57%. The company’s revenue for the quarter was down 2.6% on a year-over-year basis. During the same quarter last year, the firm posted ($0.30) EPS. Stitch Fix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Equities analysts expect that Stitch Fix will post -0.44 earnings per share for the current fiscal year.

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.