NASDAQ:FGI FGI Industries (FGI) Stock Forecast, Price & News $1.75 +0.01 (+0.29%) (As of 12:31 PM ET) Add Compare Share Share Today's Range$1.73▼$1.7650-Day Range$1.71▼$1.9952-Week Range$1.70▼$4.10Volume1,526 shsAverage Volume11,250 shsMarket Capitalization$16.63 millionP/E Ratio7.00Dividend YieldN/APrice Target$4.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media FGI Industries MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside157.1% Upside$4.50 Price TargetShort InterestHealthy1.14% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.16 out of 5 starsRetail/Wholesale Sector95th out of 209 stocksHeating Equipment, Except Electric & Warm Air; & Plumbing Fixtures Industry1st out of 2 stocks 3.5 Analyst's Opinion Consensus RatingFGI Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.50, FGI Industries has a forecasted upside of 157.1% from its current price of $1.75.Amount of Analyst CoverageFGI Industries has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.14% of the float of FGI Industries has been sold short.Short Interest Ratio / Days to CoverFGI Industries has a short interest ratio ("days to cover") of 2.1, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in FGI Industries has recently increased by 9.51%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldFGI Industries does not currently pay a dividend.Dividend GrowthFGI Industries does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for FGI. Previous Next N/A News and Social Media Coverage Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, FGI Industries insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 7.22% of the stock of FGI Industries is held by institutions. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of FGI Industries is 7.00, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.67.Price to Earnings Ratio vs. SectorThe P/E ratio of FGI Industries is 7.00, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.48.Price to Book Value per Share RatioFGI Industries has a P/B Ratio of 0.73. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About FGI Industries (NASDAQ:FGI) StockFGI Industries ltd. supplies kitchen and bath products in the United States, Canada, and Europe. The company sells sanitaryware products, such as toilets, sinks, pedestals, and toilet seats; wood and wood-substitute furniture for bathrooms, including vanities, mirrors, laundry, medicine cabinets, and other storage systems; shower systems; and customer kitchen cabinetry and other accessory items under the Foremost, avenue, contrac, Jetcoat, rosenberg, and Covered Bridge Cabinetry brand names. It sells its products through mass retail centers, wholesale and commercial distributors, online retailers, independent dealers, and distributors. The company was incorporated in 2021 and is headquartered in East Hanover, New Jersey. FGI Industries Ltd. is a subsidiary of Foremost Groups Ltd.Read More Receive FGI Stock News and Ratings via Email Sign-up to receive the latest news and ratings for FGI Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address FGI Stock News HeadlinesMay 12, 2023 | msn.comRecap: FGI Industries Q1 EarningsMay 10, 2023 | seekingalpha.comFGI Industries Non-GAAP EPS of -$0.02 misses by $0.06, revenue of $27.2M misses by $5.58MJune 9, 2023 | Edge On The Street (Ad)Graphite versus Lithium - What Investors Should KnowOver 18 million EVs will be cruising U.S roads by 2030. And every one million EVs manufactured will require 82,000 tons of the metal graphite for their batteries. That's a total of 1,476,000 tons of graphite! Graphite is actually the largest component of EV batteries - NOT lithium. Experts warn of a massive graphite shortfall, especially since North America currently has no operating graphite mines.May 10, 2023 | finance.yahoo.comFGI INDUSTRIES ANNOUNCES FIRST QUARTER 2023 RESULTSMay 10, 2023 | sg.finance.yahoo.comFTSE 100 Live 10 May: ‘US inflation data is the main game in town’; shares dip; Asos plunges to £290m lossMay 9, 2023 | markets.businessinsider.comWhat Wall Street expects from FGI Industries's earningsMay 9, 2023 | americanbankingnews.comFGI Industries (FGI) Scheduled to Post Earnings on WednesdayMay 3, 2023 | marketwatch.comSmart Clothing Market 2023 Standardization, Key Players, and Challenges: Research and Forecast till 2030June 9, 2023 | PressReach (Ad)This Stock's Worth ResearchingUncover the buzz behind this trending stock. Read the comprehensive report here.April 27, 2023 | marketwatch.comGlass Fiber Reinforced (GFR) Plastic Tube Market Sales By 2030April 27, 2023 | finance.yahoo.comFGI INDUSTRIES ANNOUNCES FIRST QUARTER 2023 RESULTS CONFERENCE CALL DATEApril 9, 2023 | ca.finance.yahoo.comFGI Industries Ltd. (FGI) Stock Historical Prices & Data - Yahoo FinanceApril 1, 2023 | americanbankingnews.comFGI Industries (NASDAQ:FGI) Price Target Cut to $4.00April 1, 2023 | americanbankingnews.comFGI Industries Ltd. (NASDAQ:FGI) Forecasted to Earn Q1 2023 Earnings of $0.03 Per ShareMarch 30, 2023 | finance.yahoo.comFGI Industries Ltd. (NASDAQ:FGI) Q4 2022 Earnings Call TranscriptMarch 30, 2023 | marketwatch.comGlass Fibre Reinforced Plastic (GFRP) Market by 2031March 28, 2023 | uk.finance.yahoo.comFTSE USA Index (WIUSA.FGI)March 26, 2023 | markets.businessinsider.comHere's what Wall Street expects from FGI Industries's earnings reportMarch 26, 2023 | americanbankingnews.comFGI Industries (FGI) to Release Earnings on MondayMarch 24, 2023 | msn.comEarnings Outlook For FGI IndustriesMarch 24, 2023 | uk.finance.yahoo.comFTSE EPRA/NAREIT Europe Index (ENHU.FGI)March 24, 2023 | msn.comFGI Industries's Earnings: A PreviewMarch 22, 2023 | finance.yahoo.comFTSE Nareit Equity REITs Index (FNRE.FGI)March 21, 2023 | wsj.comNorth Industries Group Red Arrow Co. Ltd. AMarch 20, 2023 | marketwatch.comAutomotive Seals and Gaskets Market Share and Forecast till 2028March 16, 2023 | marketwatch.comGlass Fiber Reinforced (GFR) Plastic Tube Market Outlook and Forecast till 2028March 14, 2023 | finance.yahoo.comFGI INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2022 RESULTS CONFERENCE CALL DATESee More Headlines FGI Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart FGI Company Calendar Last Earnings3/27/2023Today6/09/2023Next Earnings (Estimated)8/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Heating equipment, except electric & warm air; & plumbing fixtures Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:FGI CUSIPN/A CIK1864943 Webwww.fgi-industries.com Phone973-428-0400FaxN/AEmployees136Year FoundedN/APrice Target and Rating Average Stock Price Forecast$4.50 High Stock Price Forecast$5.00 Low Stock Price Forecast$4.00 Forecasted Upside/Downside+160.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.25 Trailing P/E Ratio6.92 Forward P/E Ratio4.02 P/E GrowthN/ANet Income$3.68 million Net Margins1.96% Pretax Margin2.49% Return on Equity14.55% Return on Assets5.12% Debt Debt-to-Equity RatioN/A Current Ratio1.75 Quick Ratio1.29 Sales & Book Value Annual Sales$161.72 million Price / Sales0.10 Cash Flow$0.45 per share Price / Cash Flow3.83 Book Value$2.39 per share Price / Book0.72Miscellaneous Outstanding Shares9,500,000Free FloatN/AMarket Cap$16.44 million OptionableNot Optionable Beta1.47 Key ExecutivesMr. John Chen (Age 44)Exec. Chairman Comp: $251.15kMr. David Bruce (Age 56)CEO, Pres & Director Comp: $346.84kMr. Perry Lin (Age 46)Chief Financial Officer Comp: $146.3kMr. Bob Kermelewicz (Age 59)Exec. VP of FGI USA Ms. Jennifer Earl (Age 47)Exec. VP of FGI Canada Mr. Norman Kroenke (Age 59)Exec. VP of FGI Europe More ExecutivesKey CompetitorsJewett-Cameron TradingNASDAQ:JCTCFBT BrandsNASDAQ:BTBDMGO GlobalNASDAQ:MGOLMOGUNYSE:MOGUAdamas OneNASDAQ:JEWLView All CompetitorsInsiders & InstitutionsFirst Wilshire Securities Management Inc.Bought 114,374 shares on 5/16/2023Ownership: 9.525%Todd M HeysseBought 1,300 shares on 11/2/2022Total: $3,809.00 ($2.93/share)Todd M HeysseBought 2,885 shares on 10/31/2022Total: $7,876.05 ($2.73/share)Todd M HeysseBought 2,696 shares on 10/28/2022Total: $7,414.00 ($2.75/share)Todd M HeysseBought 1,086 shares on 10/26/2022Total: $2,758.44 ($2.54/share)View All Insider TransactionsView All Institutional Transactions FGI Stock - Frequently Asked Questions Should I buy or sell FGI Industries stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FGI Industries in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FGI shares. View FGI analyst ratings or view top-rated stocks. What is FGI Industries' stock price forecast for 2023? 1 brokerages have issued 12-month price objectives for FGI Industries' stock. Their FGI share price forecasts range from $4.00 to $5.00. On average, they expect the company's stock price to reach $4.50 in the next year. This suggests a possible upside of 160.1% from the stock's current price. View analysts price targets for FGI or view top-rated stocks among Wall Street analysts. How have FGI shares performed in 2023? FGI Industries' stock was trading at $2.15 on January 1st, 2023. Since then, FGI shares have decreased by 19.5% and is now trading at $1.73. View the best growth stocks for 2023 here. Are investors shorting FGI Industries? FGI Industries saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 28,800 shares, an increase of 9.5% from the April 30th total of 26,300 shares. Based on an average trading volume of 13,700 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.1% of the company's shares are short sold. View FGI Industries' Short Interest. When is FGI Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 9th 2023. View our FGI earnings forecast. How were FGI Industries' earnings last quarter? FGI Industries Ltd. (NASDAQ:FGI) issued its quarterly earnings data on Monday, March, 27th. The company reported $0.11 EPS for the quarter, missing analysts' consensus estimates of $0.12 by $0.01. The firm had revenue of $31.79 million for the quarter, compared to the consensus estimate of $36.10 million. FGI Industries had a net margin of 1.96% and a trailing twelve-month return on equity of 14.55%. What guidance has FGI Industries issued on next quarter's earnings? FGI Industries issued an update on its FY 2023 earnings guidance on Friday, May, 26th. The company provided EPS guidance of for the period. The company issued revenue guidance of $145.00 million-$163.00 million, compared to the consensus revenue estimate of $152.42 million. When did FGI Industries IPO? (FGI) raised $18 million in an initial public offering (IPO) on Tuesday, January 25th 2022. The company issued 2,500,000 shares at a price of $6.00-$8.00 per share. The Benchmark Company and Northland Capital Markets acted as the underwriters for the IPO. What is FGI Industries' stock symbol? FGI Industries trades on the NASDAQ under the ticker symbol "FGI." Who are FGI Industries' major shareholders? FGI Industries' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include First Wilshire Securities Management Inc. (9.53%). View institutional ownership trends. How do I buy shares of FGI Industries? Shares of FGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is FGI Industries' stock price today? One share of FGI stock can currently be purchased for approximately $1.73. How much money does FGI Industries make? FGI Industries (NASDAQ:FGI) has a market capitalization of $16.44 million and generates $161.72 million in revenue each year. The company earns $3.68 million in net income (profit) each year or $0.25 on an earnings per share basis. How many employees does FGI Industries have? The company employs 136 workers across the globe. How can I contact FGI Industries? FGI Industries' mailing address is 906 MURRAY ROAD, EAST HANOVER NJ, 07869. The official website for the company is www.fgi-industries.com. The company can be reached via phone at 973-428-0400 or via email at investorrelations@fgi-industries.com. 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