Evercore ISI Stick to Their Buy Rating for Stitch Fix
Investing.com
Published Sep 22, 2021 08:38AM ET
Evercore ISI analyst Mark Mahaney reiterated a Buy rating on Stitch Fix (NASDAQ:SFIX) on Wednesday, setting a price target of $68, which is approximately 86.97% above the present share price of $36.37.
Mahaney expects Stitch Fix to post earnings per share (EPS) of -$0.18 for the third quarter of 2021.
The current consensus among 11 TipRanks analysts is for a Hold rating of shares in Stitch Fix, with an average price target of $48.36.
The analysts price targets range from a high of $70 to a low of $29.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $535.59 million and a net profit of -$24.22 million. The company's market cap is $3.87 billion.
According to TipRanks.com, Evercore ISI analyst Mark Mahaney is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 44.6% and a 70.12% success rate.
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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