Stitch Fix (NASDAQ:SFIX) Releases Earnings Results, Beats Estimates By $0.06 EPS

Stitch Fix (NASDAQ:SFIX) announced its quarterly earnings data on Tuesday. The company reported ($0.05) earnings per share for the quarter, topping the consensus estimate of ($0.11) by $0.06, Briefing.com reports. Stitch Fix had a negative net margin of 7.71% and a negative return on equity of 32.71%. The business had revenue of $312.11 million for the quarter, compared to analyst estimates of $298.04 million. During the same period in the prior year, the firm posted ($0.29) EPS. The company’s revenue was down 5.5% on a year-over-year basis. Stitch Fix updated its FY 2025 guidance to EPS and its Q3 2025 guidance to EPS.

Stitch Fix Trading Up 2.2 %

Shares of SFIX stock opened at $4.23 on Wednesday. The company has a market cap of $536.52 million, a PE ratio of -5.10 and a beta of 2.13. The company’s fifty day simple moving average is $4.86 and its 200-day simple moving average is $4.08. Stitch Fix has a 52 week low of $2.06 and a 52 week high of $6.99.

Insider Buying and Selling

In other Stitch Fix news, insider Anthony Bacos sold 16,720 shares of the business’s stock in a transaction dated Friday, December 13th. The stock was sold at an average price of $4.61, for a total transaction of $77,079.20. Following the transaction, the insider now owns 913,962 shares in the company, valued at $4,213,364.82. The trade was a 1.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 16.95% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on SFIX. Canaccord Genuity Group increased their price target on shares of Stitch Fix from $5.00 to $6.00 and gave the stock a “hold” rating in a research note on Wednesday, December 11th. Telsey Advisory Group reaffirmed a “market perform” rating and issued a $6.00 target price on shares of Stitch Fix in a research report on Wednesday. Finally, UBS Group lifted their target price on Stitch Fix from $2.80 to $5.00 and gave the company a “neutral” rating in a report on Wednesday, December 4th. One research analyst has rated the stock with a sell rating and five have issued a hold rating to the company’s stock. According to data from MarketBeat, Stitch Fix presently has an average rating of “Hold” and an average target price of $4.50.

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.