Q1 EPS Forecast for Stitch Fix Lowered by Analyst

Stitch Fix, Inc. (NASDAQ:SFIX) – Northland Securities decreased their Q1 2027 earnings per share estimates for shares of Stitch Fix in a research note issued to investors on Thursday, September 24th. Northland Securities analyst O. Rickert now expects that the company will earn ($0.06) per share for the quarter, down from their prior estimate of ($0.03). The consensus estimate for Stitch Fix’s current full-year earnings is ($0.12) 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 posted its quarterly earnings data on Wednesday, September 23rd. The company reported ($0.02) EPS for the quarter, beating analysts’ consensus estimates of ($0.06) by $0.04. The business had revenue of $324.42 million during the quarter, compared to analysts’ expectations of $325.50 million. Stitch Fix had a negative return on equity of 5.75% and a negative net margin of 0.94%.The business’s revenue was up 4.2% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.07) earnings per share.

A number of other research firms have also recently weighed in on SFIX. UBS Group reduced their price objective on shares of Stitch Fix from $4.00 to $3.50 and set a “neutral” rating for the company in a research report on Thursday, September 24th. Mizuho raised Stitch Fix from an “underperform” rating to a “neutral” rating and reduced their target price for the company from $3.00 to $2.50 in a report on Tuesday. Telsey Advisory Group decreased their target price on Stitch Fix from $5.00 to $3.00 and set a “market perform” rating on the stock in a research report on Thursday, September 24th. William Blair lowered Stitch Fix from an “outperform” rating to a “market perform” rating in a research note on Thursday, September 24th. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $4.00 price objective on shares of Stitch Fix in a research note on Thursday, September 24th. One equities research analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $3.40.

Stitch Fix Price Performance

Shares of NASDAQ:SFIX opened at $2.53 on Wednesday. The business’s 50 day moving average price is $3.32 and its 200-day moving average price is $3.50. Stitch Fix has a 1 year low of $2.10 and a 1 year high of $5.74. The firm has a market capitalization of $337.57 million, a price-to-earnings ratio of -25.30 and a beta of 2.27.

Insider Buying and Selling

In other Stitch Fix news, insider Anthony Bacos sold 70,000 shares of the business’s 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 of the company’s stock, valued at approximately $3,893,655.46. The trade was a 6.85% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO David Aufderhaar sold 67,960 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was 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. This trade represents a 5.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 417,960 shares of company stock worth $1,591,068. 16.09% of the stock is currently owned by company insiders.

Institutional Trading of Stitch Fix

Several hedge funds have recently made changes to their positions in SFIX. Bank of New York Mellon Corp purchased a new stake in shares of Stitch Fix during the 2nd quarter valued at approximately $6,427,000. Landscape Capital Management L.L.C. increased its stake in Stitch Fix by 49.0% during 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 acquiring an additional 404,322 shares during the last quarter. State Street Corp increased its stake in 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 acquiring an additional 322,030 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in Stitch Fix in the second quarter valued at $738,000. Finally, Dimensional Fund Advisors LP lifted its stake 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 purchasing an additional 142,909 shares during the last quarter. Hedge funds and other institutional investors own 71.04% of the company’s stock.

Stitch Fix Company Profile

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.