Stitch Fix (NASDAQ:SFIX) is scheduled to be releasing its earnings data after the market closes on Monday, December 10th. Analysts expect Stitch Fix to post earnings of $0.03 per share for the quarter. Stitch Fix has set its Q1 guidance at EBITDA $5-9 mln EPS.Persons that wish to register for the company’s earnings conference call can do so using this link.
Stitch Fix (NASDAQ:SFIX) last posted its quarterly earnings results on Monday, October 1st. The company reported $0.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.14. The firm had revenue of $318.30 million during the quarter, compared to the consensus estimate of $318.93 million. Stitch Fix had a return on equity of 19.95% and a net margin of 3.66%. The firm’s quarterly revenue was up 23.2% on a year-over-year basis. On average, analysts expect Stitch Fix to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
SFIX stock opened at $27.33 on Monday. The company has a market capitalization of $2.71 billion and a price-to-earnings ratio of 70.08. Stitch Fix has a twelve month low of $18.00 and a twelve month high of $52.44.
In other news, CFO Paul Yee sold 5,000 shares of Stitch Fix stock in a transaction that occurred on Wednesday, October 3rd. The stock was sold at an average price of $29.48, for a total transaction of $147,400.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Mike C. Smith sold 25,000 shares of Stitch Fix stock in a transaction that occurred on Monday, October 15th. The stock was sold at an average price of $25.72, for a total value of $643,000.00. The disclosure for this sale can be found here. Insiders have sold a total of 409,621 shares of company stock valued at $11,439,264 over the last quarter. 56.97% of the stock is currently owned by corporate insiders.
A number of research firms have weighed in on SFIX. Zacks Investment Research upgraded Stitch Fix from a “hold” rating to a “buy” rating and set a $55.00 price target for the company in a research note on Saturday, September 15th. KeyCorp restated a “buy” rating and issued a $53.00 price target (up from $38.00) on shares of Stitch Fix in a research note on Thursday, September 13th. Piper Jaffray Companies downgraded Stitch Fix from an “overweight” rating to a “neutral” rating and raised their price target for the company from $29.00 to $43.00 in a research note on Thursday, September 20th. Stifel Nicolaus lifted their target price on Stitch Fix from $26.00 to $30.00 and gave the stock a “hold” rating in a research note on Tuesday, October 2nd. Finally, JPMorgan Chase & Co. lifted their target price on Stitch Fix to $36.00 and gave the stock a “neutral” rating in a research note on Tuesday, September 25th. Nine equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price of $33.18.
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Stitch Fix Company Profile
Stitch Fix, Inc sells a range of apparel, shoes, and accessories through its Website and mobile app in the United States. It offers denim, dresses, blouses, skirts, shoes, jewelry, and handbags for men, women, and kids under the Stitch Fix brand. The company was formerly known as rack habit inc. and changed its name to Stitch Fix, Inc in October 2011.
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