Stitch Fix, Inc. (NASDAQ:SFIX – Get Free Report) has received a consensus recommendation of “Hold” from the seven analysts that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating on the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $6.00.
Several analysts have weighed in on SFIX shares. Telsey Advisory Group reiterated a “market perform” rating and issued a $6.00 price objective on shares of Stitch Fix in a research note on Thursday, September 25th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $6.00 price objective on shares of Stitch Fix in a research note on Thursday, September 25th. Wall Street Zen cut shares of Stitch Fix from a “buy” rating to a “hold” rating in a research note on Sunday, June 22nd. UBS Group reiterated a “neutral” rating on shares of Stitch Fix in a research note on Wednesday, September 17th. Finally, Zacks Research upgraded shares of Stitch Fix to a “hold” rating in a research note on Monday, August 11th.
Read Our Latest Research Report on Stitch Fix
Stitch Fix Price Performance
Stitch Fix (NASDAQ:SFIX – Get Free Report) last issued its quarterly earnings data on Wednesday, September 24th. The company reported ($0.07) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.03. Stitch Fix had a negative net margin of 2.27% and a negative return on equity of 14.57%. The business had revenue of $311.23 million during the quarter, compared to analysts’ expectations of $307.15 million. During the same quarter in the previous year, the company earned ($0.30) EPS. The business’s revenue was down 2.6% on a year-over-year basis. Stitch Fix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. Analysts expect that Stitch Fix will post -0.44 earnings per share for the current year.
Insider Activity
In other Stitch Fix news, Director Katrina Lake sold 453,485 shares of the firm’s stock in a transaction dated Tuesday, July 22nd. The shares were sold at an average price of $5.06, for a total value of $2,294,634.10. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Anthony Bacos sold 90,000 shares of the firm’s stock in a transaction dated Friday, September 19th. The shares were sold at an average price of $5.61, for a total transaction of $504,900.00. Following the completion of the transaction, the insider directly owned 799,966 shares in the company, valued at approximately $4,487,809.26. This represents a 10.11% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 1,047,536 shares of company stock valued at $5,350,202 in the last 90 days. 16.95% of the stock is owned by corporate insiders.
Hedge Funds Weigh In On Stitch Fix
Several hedge funds have recently bought and sold shares of the company. Fund 1 Investments LLC increased its holdings in Stitch Fix by 44.6% in the 2nd quarter. Fund 1 Investments LLC now owns 9,943,821 shares of the company’s stock valued at $36,792,000 after buying an additional 3,064,901 shares during the period. Vanguard Group Inc. increased its holdings in Stitch Fix by 7.9% in the 1st quarter. Vanguard Group Inc. now owns 6,982,536 shares of the company’s stock valued at $22,693,000 after buying an additional 513,422 shares during the period. Jacobs Levy Equity Management Inc. increased its holdings in Stitch Fix by 6.9% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 2,635,207 shares of the company’s stock valued at $8,564,000 after buying an additional 170,344 shares during the period. Geode Capital Management LLC increased its holdings in Stitch Fix by 7.2% in the 2nd quarter. Geode Capital Management LLC now owns 2,609,599 shares of the company’s stock valued at $9,657,000 after buying an additional 174,426 shares during the period. Finally, Marshall Wace LLP increased its holdings in Stitch Fix by 4,898.1% in the 2nd quarter. Marshall Wace LLP now owns 2,010,034 shares of the company’s stock valued at $7,437,000 after buying an additional 1,969,818 shares during the period. 71.04% of the stock is 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.
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