Telsey Advisory analyst Dana Telsey maintained a Hold rating on Stitch Fix (SFIX – Research Report) today and set a price target of $4.00. The company’s shares closed yesterday at $3.32.
Telsey covers the Consumer Cyclical sector, focusing on stocks such as Wolverine World Wide, Bath & Body Works, and Lululemon Athletica. According to TipRanks, Telsey has an average return of -0.2% and a 41.98% success rate on recommended stocks.
The word on The Street in general, suggests a Hold analyst consensus rating for Stitch Fix with a $4.00 average price target.
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Based on Stitch Fix’s latest earnings release for the quarter ending October 31, the company reported a quarterly revenue of $364.79 million and a GAAP net loss of $35.49 million. In comparison, last year the company earned a revenue of $443.74 million and had a GAAP net loss of $55.92 million
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Stitch Fix (SFIX) Company Description:
Stitch Fix, Inc. is an online personal styling service that delivers personalized Fixes of apparel and accessories to men, women and kids. The company was founded by Katrina Lake and Erin Morrison Flynn in February 2011 and is headquartered in San Francisco, CA.
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