Roth Capital Brokers Decrease Earnings Estimates for FIGS

Key Points

• Equities research analysts at Roth Capital have lowered their Q4 2026 earnings per share (EPS) estimate for FIGS to $0.05 from $0.06, while the full-year consensus estimate is just $0.01 per share.
• CFO Sarah Oughtred sold 99,834 shares of FIGS stock at an average price of $6.19, which amounted to a transaction total of approximately $617,972.
• Institutional investors have increased their positions in FIGS, with Ameriprise Financial boosting its stake by 37.9%, now owning over 12 million shares.

FIGS, Inc. (NYSE:FIGS - Free Report) - Analysts at Roth Capital reduced their Q4 2026 EPS estimates for FIGS in a research report issued to clients and investors on Wednesday, August 6th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings of $0.05 per share for the quarter, down from their previous forecast of $0.06. The consensus estimate for FIGS's current full-year earnings is $0.01 per share.

FIGS (NYSE:FIGS - Get Free Report) last posted its earnings results on Thursday, August 7th. The company reported $0.04 EPS for the quarter, beating the consensus estimate of $0.02 by $0.02. FIGS had a return on equity of 1.85% and a net margin of 1.26%. The company had revenue of $152.64 million for the quarter, compared to the consensus estimate of $144.17 million. During the same quarter in the prior year, the business earned $0.01 earnings per share. The firm's revenue for the quarter was up 5.8% on a year-over-year basis.

A number of other equities research analysts also recently issued reports on the company. Telsey Advisory Group reissued a "market perform" rating and set a $7.00 price target (up previously from $5.00) on shares of FIGS in a research report on Monday, August 4th. The Goldman Sachs Group increased their price objective on shares of FIGS from $3.75 to $4.50 and gave the stock a "sell" rating in a research note on Tuesday, July 22nd. Wall Street Zen upgraded shares of FIGS from a "hold" rating to a "strong-buy" rating in a research note on Saturday. Cowen reiterated a "hold" rating on shares of FIGS in a research note on Friday. Finally, Morgan Stanley increased their price target on shares of FIGS from $4.25 to $5.00 and gave the stock an "equal weight" rating in a research report on Monday, July 21st. One research analyst has rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, FIGS currently has a consensus rating of "Hold" and a consensus price target of $5.38.

FIGS Stock Performance

Shares of FIGS stock traded down $0.31 on Thursday, hitting $6.24. The company's stock had a trading volume of 3,800,493 shares, compared to its average volume of 2,007,429. The stock's 50 day moving average is $5.78 and its 200-day moving average is $5.09. FIGS has a fifty-two week low of $3.57 and a fifty-two week high of $7.05. The company has a market capitalization of $1.01 billion, a PE ratio of 156.04 and a beta of 1.34.

Insider Activity at FIGS

In other news, CFO Sarah Oughtred sold 99,834 shares of FIGS stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $6.19, for a total transaction of $617,972.46. Following the sale, the chief financial officer directly owned 878,058 shares of the company's stock, valued at approximately $5,435,179.02. This trade represents a 10.21% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 22.30% of the company's stock.

Institutional Investors Weigh In On FIGS

Hedge funds have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC boosted its position in FIGS by 12,795.0% during the 2nd quarter. Farther Finance Advisors LLC now owns 5,158 shares of the company's stock worth $29,000 after buying an additional 5,118 shares during the period. GAMMA Investing LLC lifted its holdings in shares of FIGS by 585.8% during the first quarter. GAMMA Investing LLC now owns 6,536 shares of the company's stock worth $30,000 after purchasing an additional 5,583 shares during the period. Capstone Financial Advisors Inc. acquired a new position in shares of FIGS during the second quarter worth $56,000. Teacher Retirement System of Texas acquired a new position in FIGS during the 1st quarter worth about $66,000. Finally, Stifel Financial Corp acquired a new position in FIGS during the 4th quarter worth about $70,000. 92.21% of the stock is currently owned by institutional investors and hedge funds.

About FIGS

FIGS, Inc operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States and internationally. It designs and sells healthcare apparel and scrubwear and non-scrubwear offerings, such as outerwear, underscrubs, footwear, compression socks, lab coats, loungewear, and other apparel.