Weiss Ratings Reaffirms “Sell (D-)” Rating for Stitch Fix (NASDAQ:SFIX)

Stitch Fix (NASDAQ:SFIX)‘s stock had its “sell (d-)” rating reaffirmed by research analysts at Weiss Ratings in a research note issued on Saturday,Weiss Ratings reports.

A number of other research firms also recently issued reports on SFIX. UBS Group reaffirmed a “neutral” rating on shares of Stitch Fix in a research note on Wednesday, September 17th. Zacks Research raised shares of Stitch Fix from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, October 15th. William Blair raised shares of Stitch Fix from a “market perform” rating to an “outperform” rating in a research note on Monday, July 14th. Telsey Advisory Group reaffirmed a “market perform” rating and set a $6.00 price target on shares of Stitch Fix in a research note on Thursday, September 25th. Finally, Sanford C. Bernstein restated a “market perform” rating and issued a $6.00 target price on shares of Stitch Fix in a report on Thursday, September 25th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Stitch Fix has a consensus rating of “Hold” and an average target price of $6.00.

Stitch Fix Stock Performance

Shares of NASDAQ SFIX opened at $4.58 on Friday. Stitch Fix has a 52-week low of $2.60 and a 52-week high of $6.99. The firm’s fifty day moving average is $4.96 and its two-hundred day moving average is $4.39. The company has a market cap of $614.22 million, a P/E ratio of -9.96 and a beta of 2.08.

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

Insider Activity

In other Stitch Fix news, insider Anthony Bacos sold 90,000 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $5.61, for a total transaction of $504,900.00. Following the transaction, the insider owned 799,966 shares in the company, valued at $4,487,809.26. The trade was a 10.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Casey O’connor sold 50,000 shares of the business’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $4.41, for a total transaction of $220,500.00. Following the transaction, the insider owned 431,441 shares in the company, valued at $1,902,654.81. This trade represents a 10.39% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 291,150 shares of company stock valued at $1,485,685. 16.95% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Stitch Fix

Several hedge funds have recently added to or reduced their stakes in the company. State of Alaska Department of Revenue bought a new position in Stitch Fix during the 3rd quarter valued at about $32,000. CWM LLC grew its stake in shares of Stitch Fix by 171.9% during the third quarter. CWM LLC now owns 59,049 shares of the company’s stock valued at $257,000 after buying an additional 37,328 shares during the last quarter. State of Wyoming grew its stake in shares of Stitch Fix by 170.4% during the second quarter. State of Wyoming now owns 68,243 shares of the company’s stock valued at $252,000 after buying an additional 43,001 shares during the last quarter. Nomura Holdings Inc. bought a new position in Stitch Fix in the 2nd quarter valued at $462,000. Finally, Tower Research Capital LLC TRC grew its position in Stitch Fix by 171.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 36,553 shares of the company’s stock valued at $135,000 after acquiring an additional 23,066 shares during the last quarter. 71.04% of the stock is currently owned by institutional investors.

About Stitch Fix

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.