Does Earnings Surprise History Hold Any Clue for Stitch Fix (NASDAQ:SFIX)

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Earnings results for Stitch Fix (NASDAQ:SFIX)

Stitch Fix, Inc. is expected* to report earnings on 09/22/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 8 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.18. The reported EPS for the same quarter last year was $0.07.

Analyst Opinion on Stitch Fix (NASDAQ:SFIX)

20 Wall Street analysts have issued ratings and price targets for Stitch Fix in the last 12 months. Their average twelve-month price target is $24.95, predicting that the stock has a possible downside of 14.13%. The high price target for SFIX is $36.00 and the low price target for SFIX is $11.00. There are currently 7 hold ratings and 13 buy ratings for the stock, resulting in a consensus rating of “Buy.”

Stitch Fix has received a consensus rating of Buy. The company’s average rating score is 2.65, and is based on 13 buy ratings, 7 hold ratings, and no sell ratings. According to analysts’ consensus price target of $24.95, Stitch Fix has a forecasted downside of 14.1% from its current price of $29.06. Stitch Fix has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: Stitch Fix (NASDAQ:SFIX)

Stitch Fix does not currently pay a dividend. Stitch Fix does not have a long track record of dividend growth.

Insiders buying/selling: Stitch Fix (NASDAQ:SFIX)

In the past three months, Stitch Fix insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $9,522,090.00 in company stock. 47.52% of the stock of Stitch Fix is held by insiders. A high percentage of insider ownership can be a sign of company health. 51.35% of the stock of Stitch Fix is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of Stitch Fix (NASDAQ:SFIX

Earnings for Stitch Fix are expected to grow in the coming year, from ($0.41) to ($0.06) per share. The P/E ratio of Stitch Fix is -193.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Stitch Fix is -193.72, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Stitch Fix has a P/B Ratio of 7.43. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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