Northland Securities Forecasts Stitch Fix Q1 Earnings

Stitch Fix, Inc. (NASDAQ:SFIX) – Analysts at Northland Securities decreased their Q1 2027 earnings per share (EPS) estimates for Stitch Fix in a report issued on Thursday, September 24th. Northland Securities analyst O. Rickert now expects that the company will post earnings of ($0.06) per share for the quarter, down from their previous estimate of ($0.03). The consensus estimate for Stitch Fix’s current full-year earnings is ($0.14) per share. Northland Securities also issued estimates for Stitch Fix’s Q2 2027 earnings at ($0.02) EPS, Q3 2027 earnings at ($0.02) EPS, Q4 2027 earnings at ($0.02) EPS and FY2027 earnings at ($0.12) EPS.

Stitch Fix (NASDAQ:SFIX) last announced its quarterly earnings data on Wednesday, September 23rd. The company reported ($0.02) EPS for the quarter, topping analysts’ consensus estimates of ($0.06) by $0.04. Stitch Fix had a negative return on equity of 5.75% and a negative net margin of 0.94%.The firm had revenue of $324.42 million during the quarter, compared to analyst estimates of $325.50 million. During the same period last year, the company posted ($0.07) EPS. The business’s quarterly revenue was up 4.2% compared to the same quarter last year.

Several other analysts have also recently commented on the stock. Sanford C. Bernstein restated a “market perform” rating and set a $4.00 price target on shares of Stitch Fix in a report on Thursday, September 24th. Weiss Ratings lowered shares of Stitch Fix from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Friday, September 25th. Mizuho upgraded shares of Stitch Fix from an “underperform” rating to a “neutral” rating and cut their target price for the stock from $3.00 to $2.50 in a research report on Tuesday. Telsey Advisory Group decreased their target price on shares of Stitch Fix from $5.00 to $3.00 and set a “market perform” rating for the company in a research note on Thursday, September 24th. Finally, William Blair lowered shares of Stitch Fix from an “outperform” rating to a “market perform” rating in a research note on Thursday, September 24th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $3.40.

Stitch Fix Price Performance

Shares of SFIX opened at $2.60 on Wednesday. The business’s 50-day moving average is $3.28 and its 200-day moving average is $3.49. The company has a market capitalization of $346.92 million, a price-to-earnings ratio of -26.00 and a beta of 2.34. Stitch Fix has a fifty-two week low of $2.10 and a fifty-two week high of $5.74.

Insider Activity at Stitch Fix

In other Stitch Fix news, CFO David Aufderhaar sold 67,960 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $3.79, for a total value of $257,568.40. Following the completion of the sale, the chief financial officer directly owned 1,102,369 shares of the company’s stock, valued at $4,177,978.51. The trade was a 5.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Anthony Bacos sold 70,000 shares of the stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $4.09, for a total transaction of $286,300.00. Following the transaction, the insider owned 951,994 shares in the company, valued at approximately $3,893,655.46. This trade represents a 6.85% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 417,960 shares of company stock valued at $1,591,068 over the last three months. Insiders own 16.09% of the company’s stock.

Hedge Funds Weigh In On Stitch Fix

Hedge funds have recently bought and sold shares of the business. Bank of New York Mellon Corp bought a new stake in Stitch Fix in the second quarter valued at approximately $6,427,000. Landscape Capital Management L.L.C. raised its holdings in Stitch Fix by 49.0% in the fourth quarter. Landscape Capital Management L.L.C. now owns 1,230,124 shares of the company’s stock worth $6,458,000 after purchasing an additional 404,322 shares during the period. State Street Corp boosted its position in shares of Stitch Fix by 10.1% during the second quarter. State Street Corp now owns 3,503,504 shares of the company’s stock worth $14,399,000 after purchasing an additional 322,030 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Stitch Fix during the second quarter worth $738,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Stitch Fix by 6.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 2,418,196 shares of the company’s stock valued at $8,004,000 after buying an additional 142,909 shares during the period. 71.04% of the stock is owned by institutional investors and hedge funds.

About Stitch Fix

Stitch Fix, Inc is an online personal styling company that uses data science, personalization technology and human stylists to recommend apparel and accessories to customers. Its offerings include clothing, shoes and accessories across categories such as women’s, men’s and children’s apparel, with selections tailored to individual preferences, sizes, budgets and lifestyles.

The company’s primary service, traditionally known as a “Fix,” delivers a curated selection of items for customers to try at home, after which they can purchase the items they want and return the rest.