Stitch Fix, Inc. (NASDAQ:SFIX – Free Report) – Zacks Research issued their FY2028 earnings per share (EPS) estimates for shares of Stitch Fix in a report issued on Wednesday, October 8th. Zacks Research analyst Team forecasts that the company will post earnings of ($0.16) per share for the year. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Stitch Fix’s current full-year earnings is ($0.44) per share.
A number of other equities research analysts have also commented on the company. William Blair upgraded Stitch Fix from a “market perform” rating to an “outperform” rating in a research report on Monday, July 14th. Telsey Advisory Group reiterated a “market perform” rating and issued a $6.00 price target on shares of Stitch Fix in a research report on Thursday, September 25th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $6.00 price target on shares of Stitch Fix in a research report on Thursday, September 25th. UBS Group reiterated a “neutral” rating on shares of Stitch Fix in a research report on Wednesday, September 17th. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Stitch Fix in a research report on Wednesday. One investment analyst has rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Stitch Fix presently has an average rating of “Hold” and a consensus price target of $6.00.
Stitch Fix Trading Up 0.2%
NASDAQ SFIX opened at $4.42 on Thursday. The business’s 50-day moving average price is $5.04 and its two-hundred day moving average price is $4.28. Stitch Fix has a 12 month low of $2.60 and a 12 month high of $6.99. The firm has a market capitalization of $592.77 million, a PE ratio of -9.61 and a beta of 2.08.
Stitch Fix (NASDAQ:SFIX – Get Free Report) last released its quarterly 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. Stitch Fix had a negative return on equity of 14.57% and a negative net margin of 2.27%.The firm had revenue of $311.23 million for the quarter, compared to analyst estimates of $307.15 million. During the same quarter in the previous year, the company posted ($0.30) EPS. The business’s revenue was down 2.6% on a year-over-year basis. Stitch Fix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in the company. Fund 1 Investments LLC raised its stake in shares of Stitch Fix by 44.6% in the second quarter. Fund 1 Investments LLC now owns 9,943,821 shares of the company’s stock worth $36,792,000 after purchasing an additional 3,064,901 shares during the last quarter. Vanguard Group Inc. raised its stake in shares of Stitch Fix by 7.9% in the first quarter. Vanguard Group Inc. now owns 6,982,536 shares of the company’s stock worth $22,693,000 after purchasing an additional 513,422 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its stake in shares of Stitch Fix by 6.9% in the first quarter. Jacobs Levy Equity Management Inc. now owns 2,635,207 shares of the company’s stock worth $8,564,000 after purchasing an additional 170,344 shares during the last quarter. Geode Capital Management LLC raised its stake in shares of Stitch Fix by 7.2% in the second quarter. Geode Capital Management LLC now owns 2,609,599 shares of the company’s stock worth $9,657,000 after purchasing an additional 174,426 shares during the last quarter. Finally, Marshall Wace LLP raised its stake in shares of Stitch Fix by 4,898.1% in the second quarter. Marshall Wace LLP now owns 2,010,034 shares of the company’s stock worth $7,437,000 after purchasing an additional 1,969,818 shares during the last quarter. 71.04% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Stitch Fix
In related news, Director Katrina Lake sold 453,485 shares of the company’s stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $5.06, for a total transaction of $2,294,634.10. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Casey O’connor sold 50,000 shares of the company’s stock in a transaction that occurred on Monday, July 21st. The stock was sold at an average price of $4.72, for a total value of $236,000.00. Following the transaction, the insider directly owned 508,621 shares in the company, valued at approximately $2,400,691.12. This trade represents a 8.95% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,047,536 shares of company stock valued at $5,350,202 in the last 90 days. Corporate insiders own 16.95% of the company’s stock.
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.
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