News coverage about Stitch Fix (NASDAQ:SFIX) has trended somewhat positive recently, Accern reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Stitch Fix earned a coverage optimism score of 0.01 on Accern’s scale. Accern also gave press coverage about the company an impact score of 47.5770839395422 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern’s rankings:
- Stitch Fix Inc (SFIX) Receives Consensus Recommendation of “Hold” from Brokerages (americanbankingnews.com)
- Katrina Lake Sells 200,000 Shares of Stitch Fix Inc (SFIX) Stock (americanbankingnews.com)
- Stitch Fix Inc (SFIX) Director Sells $289,009.00 in Stock (americanbankingnews.com)
- Stitch Fix, Inc. (NASDAQ:SFIX) – What P/E Ratio is Telling To Potential Investors – Nasdaq Journal (nasdaqjournal.com)
- Stitch Fix: Underappreciated Potential – Stitch Fix, Inc. (NASDAQ … – Seeking Alpha (seekingalpha.com)
Shares of Stitch Fix stock opened at $20.36 on Thursday. Stitch Fix has a 1-year low of $14.48 and a 1-year high of $30.07.
Stitch Fix (NASDAQ:SFIX) last issued its earnings results on Monday, March 12th. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.01. The business had revenue of $296.00 million for the quarter, compared to the consensus estimate of $291.29 million. Stitch Fix’s revenue for the quarter was up 24.4% on a year-over-year basis. analysts forecast that Stitch Fix will post 0.14 earnings per share for the current year.
A number of brokerages have issued reports on SFIX. Buckingham Research began coverage on shares of Stitch Fix in a report on Monday. They set a “neutral” rating and a $22.00 target price on the stock. Stifel Nicolaus began coverage on shares of Stitch Fix in a report on Tuesday, December 12th. They set a “hold” rating and a $22.00 target price on the stock. Barclays began coverage on shares of Stitch Fix in a report on Tuesday, December 12th. They set an “equal weight” rating and a $26.00 target price on the stock. William Blair began coverage on shares of Stitch Fix in a report on Tuesday, December 12th. They set an “outperform” rating on the stock. Finally, Piper Jaffray Companies set a $29.00 target price on shares of Stitch Fix and gave the company a “buy” rating in a report on Wednesday, December 20th. Five investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Stitch Fix has a consensus rating of “Hold” and a consensus target price of $25.57.
In other news, Director Marka Hansen sold 14,350 shares of the company’s stock in a transaction on Wednesday, March 21st. The shares were sold at an average price of $20.14, for a total value of $289,009.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Mike C. Smith sold 80,000 shares of the company’s stock in a transaction on Friday, March 16th. The stock was sold at an average price of $21.29, for a total transaction of $1,703,200.00. The disclosure for this sale can be found here. In the last ninety days, insiders sold 309,050 shares of company stock worth $6,298,936.
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About Stitch Fix
Stitch Fix, Inc is an online personalized styling service company. The Company offers apparel, shoes and accessories across categories, brands, product types and price points. The Company serves its clients in the following categories: Women’s, Petite, Maternity, Men’s and Plus. The Company also offers a wide variety of product types, including denim, dresses, blouses, skirts, shoes, jewelry and handbags.
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