Stitch Fix, Inc. (NASDAQ:SFIX) Receives Consensus Rating of “Hold” from Brokerages

Shares of Stitch Fix, Inc. (NASDAQ:SFIXGet Free Report) have been given a consensus recommendation of “Hold” by the seven ratings firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company. The average 1 year price target among analysts that have issued ratings on the stock in the last year is $6.00.

A number of equities research analysts have issued reports on the company. Telsey Advisory Group reaffirmed a “market perform” rating and set a $6.00 target price on shares of Stitch Fix in a research report on Wednesday, October 29th. Zacks Research raised shares of Stitch Fix from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 15th. UBS Group reiterated a “neutral” rating on shares of Stitch Fix in a report on Wednesday, September 17th. Weiss Ratings restated a “sell (d-)” rating on shares of Stitch Fix in a report on Wednesday, October 8th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $6.00 price target on shares of Stitch Fix in a research report on Thursday, September 25th.

Check Out Our Latest Analysis on SFIX

Stitch Fix Price Performance

Stitch Fix stock opened at $4.19 on Monday. Stitch Fix has a one year low of $2.60 and a one year high of $6.99. The company’s fifty day moving average price is $4.50 and its two-hundred day moving average price is $4.55. The company has a market capitalization of $561.92 million, a price-to-earnings ratio of -9.11 and a beta of 2.20.

Stitch Fix (NASDAQ:SFIXGet Free Report) last released its quarterly earnings results on Wednesday, September 24th. The company reported ($0.07) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.03. The company had revenue of $311.23 million during 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 was down 2.6% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.30) EPS. Stitch Fix has set its Q1 2026 guidance at EPS. FY 2026 guidance at EPS. As a group, sell-side analysts anticipate that Stitch Fix will post -0.44 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Casey O’connor sold 50,000 shares of the stock in a transaction that occurred on Monday, October 20th. The stock was sold at an average price of $4.41, for a total value of $220,500.00. Following the completion of the sale, the insider directly owned 431,441 shares of the company’s stock, valued at approximately $1,902,654.81. This represents a 10.39% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Anthony Bacos sold 90,000 shares of the business’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $5.61, for a total transaction of $504,900.00. Following the transaction, the insider directly owned 799,966 shares in the company, valued at $4,487,809.26. This trade represents a 10.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 16.09% of the company’s stock.

Institutional Trading of Stitch Fix

A number of hedge funds have recently bought and sold shares of the stock. Fund 1 Investments LLC increased its holdings in shares of Stitch Fix by 44.6% during the 2nd quarter. Fund 1 Investments LLC now owns 9,943,821 shares of the company’s stock worth $36,792,000 after purchasing an additional 3,064,901 shares during the period. Arrowstreet Capital Limited Partnership grew its position in Stitch Fix by 302.9% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,897,171 shares of the company’s stock worth $12,603,000 after buying an additional 2,178,156 shares in the last quarter. Marshall Wace LLP grew its position in Stitch Fix by 4,898.1% during the second quarter. Marshall Wace LLP now owns 2,010,034 shares of the company’s stock worth $7,437,000 after buying an additional 1,969,818 shares in the last quarter. Working Capital Advisors UK Ltd. increased its stake in Stitch Fix by 15.9% during the third quarter. Working Capital Advisors UK Ltd. now owns 11,046,077 shares of the company’s stock valued at $48,050,000 after acquiring an additional 1,512,475 shares during the period. Finally, Nuveen LLC acquired a new position in Stitch Fix in the 1st quarter valued at approximately $4,159,000. 71.04% of the stock is owned by institutional investors.

Stitch Fix Company Profile

(Get Free Report)

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.

See Also

Analyst Recommendations for Stitch Fix (NASDAQ:SFIX)

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