Analysts Issue Forecasts for Stitch Fix Q2 Earnings

Stitch Fix, Inc. (NASDAQ:SFIX) – Analysts at Zacks Research issued their Q2 2027 EPS estimates for Stitch Fix in a research report issued on Wednesday, July 1st. Zacks Research analyst Team anticipates that the company will post earnings of ($0.01) per share for the quarter. The consensus estimate for Stitch Fix’s current full-year earnings is ($0.15) per share. Zacks Research also issued estimates for Stitch Fix’s Q2 2028 earnings at $0.00 EPS.

A number of other equities analysts have also weighed in on SFIX. UBS Group upped their target price on shares of Stitch Fix from $4.00 to $4.50 and gave the stock a “neutral” rating in a research note on Thursday, June 11th. William Blair reissued a “mixed” rating on shares of Stitch Fix in a research note on Friday, March 6th. Northland Securities began coverage on Stitch Fix in a report on Thursday, May 28th. They issued an “outperform” rating and a $5.00 price target on the stock. Weiss Ratings cut Stitch Fix from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, June 12th. Finally, Wall Street Zen cut Stitch Fix from a “buy” rating to a “hold” rating in a research report on Saturday, May 2nd. One research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $5.12.

Stitch Fix Stock Down 2.4%

Shares of NASDAQ:SFIX opened at $4.01 on Thursday. Stitch Fix has a 12 month low of $2.95 and a 12 month high of $5.94. The company’s fifty day simple moving average is $3.70 and its 200 day simple moving average is $4.01. The firm has a market cap of $535.05 million, a price-to-earnings ratio of -50.12 and a beta of 2.25.

Stitch Fix (NASDAQ:SFIX) last released its quarterly earnings results on Wednesday, June 10th. The company reported ($0.01) earnings per share for the quarter, beating the consensus estimate of ($0.06) by $0.05. Stitch Fix had a negative net margin of 1.43% and a negative return on equity of 9.35%. The company had revenue of $340.28 million during the quarter, compared to analysts’ expectations of $333.51 million. During the same quarter in the prior year, the company earned ($0.06) earnings per share. The business’s quarterly revenue was up 4.7% compared to the same quarter last year.

Insider Transactions at Stitch Fix

In other Stitch Fix news, insider Casey O’connor sold 60,000 shares of Stitch Fix stock in a transaction on Friday, April 10th. The shares were sold at an average price of $3.08, for a total value of $184,800.00. Following the sale, the insider directly owned 480,334 shares in the company, valued at approximately $1,479,428.72. The trade was a 11.10% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Aufderhaar sold 65,709 shares of the business’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $3.09, for a total transaction of $203,040.81. Following the sale, the chief financial officer directly owned 1,178,037 shares in the company, valued at $3,640,134.33. This trade represents a 5.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 435,720 shares of company stock valued at $1,721,589 over the last 90 days. 16.09% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Stitch Fix

A number of large investors have recently modified their holdings of the business. Caerus Investment Advisors LLC bought a new position in shares of Stitch Fix in the 1st quarter valued at about $36,000. First Dallas Securities Inc. bought a new stake in Stitch Fix during the first quarter worth about $38,000. Krilogy Financial LLC bought a new stake in Stitch Fix during the first quarter worth about $46,000. Creative Planning acquired a new position in Stitch Fix during the second quarter valued at approximately $46,000. Finally, Chicago Partners Investment Group LLC acquired a new position in Stitch Fix during the first quarter valued at approximately $47,000. 71.04% of the stock is currently owned by institutional investors and hedge funds.

Stitch Fix Company Profile

Stitch Fix, Inc, headquartered in San Francisco, California, is a leading online personal styling service that blends data science with human expertise to deliver curated clothing and accessory selections. Founded in 2011 by Katrina Lake, the company pioneered a subscription-based model in which customers receive periodic “Fixes” tailored to their personal style, size and budget. Each shipment arrives with several handpicked items along with styling notes, allowing clients to review, purchase and return pieces at their convenience.

Clients begin by completing an online style profile that captures their measurements, design preferences and lifestyle needs.