Brokers Set Expectations for Stitch Fix Q1 Earnings

Key Points

• Northland Securities cut Stitch Fix’s Q1 2027 EPS estimate to a loss of $0.06 from a projected loss of $0.03, while the full-year consensus forecast remains a $0.12 loss per share.
• Analyst sentiment is largely neutral: Stitch Fix has a consensus “Hold” rating and an average price target of $3.40, with several firms recently lowering targets.
• The company’s latest quarter exceeded EPS expectations with a $0.02 loss versus the anticipated $0.06 loss, while revenue rose 4.2% year over year to $324.42 million, slightly below estimates.

Stitch Fix, Inc. (NASDAQ:SFIX - Free Report) - Northland Securities lowered their Q1 2027 earnings estimates for Stitch Fix in a note issued to investors on Thursday, September 24th. Northland Securities analyst O. Rickert now forecasts 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.

Several other equities research analysts have also commented on the stock. Mizuho upgraded shares of Stitch Fix from an "underperform" rating to a "neutral" rating and reduced their price target for the company from $3.00 to $2.50 in a report on Tuesday. Telsey Advisory Group lowered their target price on Stitch Fix from $5.00 to $3.00 and set a "market perform" rating for the company in a report on Thursday, September 24th. Weiss Ratings cut Stitch Fix from a "sell (d-)" rating to a "sell (e+)" rating in a research report on Friday. Sanford C. Bernstein reiterated a "market perform" rating and issued a $4.00 price target on shares of Stitch Fix in a report on Thursday, September 24th. Finally, UBS Group reduced their price target on Stitch Fix from $4.00 to $3.50 and set a "neutral" rating for the company in a research report on Thursday, September 24th. One analyst has rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $3.40.

Stitch Fix Trading Up 2.4%

Shares of Stitch Fix stock opened at $2.53 on Wednesday. Stitch Fix has a 12 month low of $2.10 and a 12 month high of $5.74. The stock's fifty day moving average price is $3.32 and its 200-day moving average price is $3.50. The firm has a market cap of $337.57 million, a P/E ratio of -25.30 and a beta of 2.27.

Stitch Fix (NASDAQ:SFIX - Get Free Report) last released its quarterly earnings data on Wednesday, September 23rd. The company reported ($0.02) EPS for the quarter, topping the consensus estimate 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 company had revenue of $324.42 million for the quarter, compared to the consensus estimate of $325.50 million. During the same period last year, the business posted ($0.07) EPS. Stitch Fix's quarterly revenue was up 4.2% on a year-over-year basis.

Institutional Investors Weigh In On Stitch Fix

A number of large investors have recently modified their holdings of the business. Bank of New York Mellon Corp purchased a new position in shares of Stitch Fix during the 2nd quarter valued at about $6,427,000. Landscape Capital Management L.L.C. boosted its stake in shares of 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 buying an additional 404,322 shares during the last quarter. State Street Corp grew its holdings 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 period. Public Employees Retirement System of Ohio purchased a new position in Stitch Fix during the second quarter valued at approximately $738,000. Finally, Dimensional Fund Advisors LP lifted its holdings in Stitch Fix by 6.3% in the first quarter. Dimensional Fund Advisors LP now owns 2,418,196 shares of the company's stock valued at $8,004,000 after acquiring an additional 142,909 shares during the period. Hedge funds and other institutional investors own 71.04% of the company's stock.

Insider Activity at Stitch Fix

In other Stitch Fix news, insider Anthony Bacos sold 70,000 shares of Stitch Fix stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $4.09, for a total value of $286,300.00. Following the transaction, the insider directly 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 document filed with the Securities & Exchange Commission, which can be accessed 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 company'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 transaction, the chief financial officer directly owned 1,102,369 shares in the company, valued at approximately $4,177,978.51. The trade was 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. Over the last 90 days, insiders sold 417,960 shares of company stock valued at $1,591,068. 16.09% of the stock is owned by insiders.

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.

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