Should I buy or sell FIGS stock right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FIGS in the last year. There are currently 2 sell ratings, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FIGS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FIGS, but not buy additional shares or sell existing shares. View FIGS analyst ratings or view top-rated stocks .

What is FIGS's stock price target for 2024?

8 brokerages have issued 12-month target prices for FIGS's stock. Their FIGS share price targets range from $6.25 to $11.00. On average, they predict the company's share price to reach $9.16 in the next twelve months. This suggests a possible upside of 32.0% from the stock's current price. View analysts price targets for FIGS or view top-rated stocks among Wall Street analysts .

How have FIGS shares performed in 2023?

FIGS's stock was trading at $6.73 on January 1st, 2023. Since then, FIGS shares have increased by 3.0% and is now trading at $6.9350. View the best growth stocks for 2023 here .

Are investors shorting FIGS?

FIGS saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 18,760,000 shares, an increase of 7.9% from the October 31st total of 17,380,000 shares. Based on an average daily volume of 2,530,000 shares, the days-to-cover ratio is currently 7.4 days. Approximately 12.1% of the company's stock are short sold. View FIGS's Short Interest .

When is FIGS's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our FIGS earnings forecast .

How were FIGS's earnings last quarter?

FIGS, Inc. (NYSE:FIGS) released its earnings results on Thursday, November, 2nd. The company reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.01. The firm had revenue of $142.36 million for the quarter, compared to the consensus estimate of $131.30 million. FIGS had a net margin of 2.94% and a trailing twelve-month return on equity of 6.53%.

What ETFs hold FIGS's stock?

ETFs with the largest weight of FIGS (NYSE:FIGS) stock in their portfolio include ProShares Long Online/Short Stores ETF (CLIX) , ProShares Online Retail ETF (ONLN) , Amplify Online Retail ETF (IBUY) , Janus Henderson Small Cap Growth Alpha ETF (JSML) and BlackRock Future Innovators ETF (BFTR) . Clough Long/Short Equity ETF (CBLS) .

(FIGS) raised $394 million in an initial public offering (IPO) on Thursday, May 27th 2021. The company issued 22,500,000 shares at $16.00-$19.00 per share. Goldman Sachs, Morgan Stanley, Barclays, Credit Suisse and BofA Securities served as the underwriters for the IPO.

Who are FIGS's major shareholders?

FIGS's stock is owned by many different institutional and retail investors. Top institutional investors include Bamco Inc. NY (14.80%), Ameriprise Financial Inc. (3.00%), Northern Trust Corp (1.02%), FMR LLC (0.71%), Bank of New York Mellon Corp (0.55%) and Wellington Management Group LLP (0.43%). Insiders that own company stock include Catherine Eva Spear , Daniella Turenshine, Global Investors Lp Viking, Heather L Hasson, Michael J Soenen, Thomas Tull and Tulco, Llc. View institutional ownership trends .

How do I buy shares of FIGS?

Shares of FIGS 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 .

FIGS Stock Price, News & Analysis (NYSE:FIGS)

$7.00

+0.06 (+0.86%)

(As of 09:45 AM ET)

Compare

Today's Range: $6.96
▼
$7.10
50-Day Range: $5.30
▼
$7.50
52-Week Range: $5.16
▼
$10.20

Volume: 154,217 shs
Average Volume: 2.99 million shs
Market Capitalization: $1.18 billion

P/E Ratio: 87.51
Dividend Yield: N/A
Price Target: $9.16

FIGS MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 32.0% Upside
$9.16 Price Target
Short Interest: Bearish
12.12% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.99
Based on 3 Articles This Week
Insider Trading: Selling Shares
$3.72 M Sold Last Quarter
Proj. Earnings Growth: 44.44%
From $0.09 to $0.13 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Retail/Wholesale Sector

91st out of 175 stocks

Apparel, Finished Products From Fabrics & Similar Materials Industry

8th out of 13 stocks

3.1

Analyst's Opinion

Consensus Rating
FIGS has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 4 buy ratings, 2 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.16, FIGS has a forecasted upside of 32.0% from its current price of $6.94.
Amount of Analyst Coverage
FIGS has only been the subject of 1 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
12.12% of the float of FIGS has been sold short.
Short Interest Ratio / Days to Cover
FIGS has a short interest ratio ("days to cover") of 7.4.
Change versus previous month
Short interest in FIGS has recently increased by 7.94%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
FIGS does not currently pay a dividend.
Dividend Growth
FIGS does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FIGS.

1.7

News and Social Media Coverage

News Sentiment
FIGS has a news sentiment score of -0.99. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.36 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for FIGS this week, compared to 0 articles on an average week.
Search Interest
23 people have searched for FIGS on MarketBeat in the last 30 days. This is an increase of 130% compared to the previous 30 days.
MarketBeat Follows
10 people have added FIGS to their MarketBeat watchlist in the last 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FIGS insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,723,688.00 in company stock.
Percentage Held by Insiders
21.40% of the stock of FIGS is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
92.21% of the stock of FIGS is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for FIGS are expected to grow by 44.44% in the coming year, from $0.09 to $0.13 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FIGS is 86.70, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.10.
Price to Earnings Ratio vs. Sector
The P/E ratio of FIGS is 86.70, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 26.50.
Price to Earnings Growth Ratio
FIGS has a PEG Ratio of 5.09. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
FIGS has a P/B Ratio of 3.75. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About FIGS Stock (NYSE:FIGS)

FIGS, Inc. operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States. It designs and sells healthcare apparel and scrubwaer and non-scrubwear offerings, such as lab coats, under scrubs, outerwear, loungewear, compression socks footwear, and other lifestyle apparel. It also offers sports bras, performance leggings, tops, super-soft pima cotton tops, vests, fleeces, and jackets; necessities, including face masks, scrub caps, lanyards, badge reels, tote bags, baseball caps, and beanies. The company markets and sells its products through its digital platform comprising website and mobile app. FIGS, Inc. was founded in 2013 and is headquartered in Santa Monica, California.

FIGS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FIGS Stock News Headlines

November 30, 2023 | msn.com

Tom Karwin, On Gardening | Enjoying the fall

November 11, 2023 | seekingalpha.com

FIGS, Inc.: Strong Q3 2023 Results Resulting In Bottom Line Expansion

December 6, 2023 | Edge On The Street (Ad)

Henry Ford Would NEVER Have Seen This Coming

In 1908, Henry Ford used a metal called vanadium in his Model T cars. Over a century later, automakers still turn to vanadium to make car bodies lighter and stronger. Today, this under-appreciated metal plays the starring role in cutting-edge battery tech set to revolutionize the energy storage market.

September 4, 2023 | seekingalpha.com

FIGS: Decelerating Growth A Cause For Concern

August 12, 2023 | seekingalpha.com

FIGS: Promising Q2, But Wait For 1-2 Quarters Before Affirming The Trend

August 10, 2023 | seekingalpha.com

FIGS, Inc. 2023 Q2 - Results - Earnings Call Presentation

June 6, 2023 | seekingalpha.com

FIGS: Not A Buy, Not A Sell

June 1, 2023 | seekingalpha.com

FIGS: Mixed Outlook Warrants A Cautious Approach

December 6, 2023 | Edge On The Street (Ad)

Henry Ford Would NEVER Have Seen This Coming

May 5, 2023 | seekingalpha.com

FIGS, Inc. (FIGS) Q1 2023 Earnings Call Transcript

May 5, 2023 | seekingalpha.com

FIGS, Inc. 2023 Q1 - Results - Earnings Call Presentation

April 3, 2023 | seekingalpha.com

FIGS: Changing Recommendation To Sell As FY23 Guidance Is Weak

December 23, 2022 | benzinga.com

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of FIGS, Inc. - FIGS

December 23, 2022 | benzinga.com

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Encourages Investors in FIGS, Inc. with Losses of $100,000 to Contact the Firm

December 23, 2022 | wsj.com

FIGS LAWSUIT ALERT: Levi & Korsinsky Notifies FIGS, Inc. Investors Of a Class Action Lawsuit and Upcoming Deadline

December 20, 2022 | benzinga.com

SHAREHOLDER ACTION ALERT: The Schall Law Firm Encourages Investors in FIGS, Inc. with Losses of $100,000 to Contact the Firm

November 30, 2022 | benzinga.com

INVESTOR ACTION REMINDER: The Schall Law Firm Encourages Investors in FIGS, Inc. with Losses of $100,000 to Contact the Firm

May 13, 2022 | investorplace.com

Why Is Figs (FIGS) Stock Down 25% Today?

March 24, 2022 | investorplace.com

Insiders Are Buying FIGS (FIGS) Stock. Here’s Why.

December 10, 2021 | finance.yahoo.com

FIGS Announces Retirement of Chief Financial Officer, Jeffrey Lawrence; FIGS’ Longtime Senior Vice President of Finance and Strategy, Daniella Turenshine, Appointed as Chief Financial Officer

September 17, 2021 | benzinga.com

Figs Prices Equity Offering By Selling Shareholders At Discount - Benzinga

September 16, 2021 | finance.yahoo.com

Figs Prices Equity Offering By Selling Shareholders At Discount

September 16, 2021 | streetinsider.com

Form S-1MEF FIGS, Inc. - StreetInsider.com

September 15, 2021 | businesswire.com

FIGS Announces Pricing of Secondary Offering of Class A Common Stock - Business Wire

September 15, 2021 | finance.yahoo.com

FIGS Announces Pricing of Secondary Offering of Class A Common Stock

September 15, 2021 | seekingalpha.com

FIGS shares only down slightly day after dip from secondary share offering - Seeking Alpha

September 15, 2021 | marketwatch.com

UPDATE: Medical scrubs maker Figs' shares slide 5% premarket after news of secondary offering of 8.8 million shares - MarketWatch

See More Headlines

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Company Calendar

Last Earnings: 11/02/2023
Today: 12/06/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/27/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Apparel, finished products from fabrics & similar materials
Sub-Industry: N/A
Sector: Retail/Wholesale
Current Symbol: NYSE:FIGS
CUSIP: N/A
CIK: 1846576
Web: www.wearfigs.com
Phone: 424-300-8330
Fax: N/A
Employees: 291
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $9.16
High Stock Price Target: $11.00
Low Stock Price Target: $6.25
Potential Upside/Downside: +32.0%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.08
Trailing P/E Ratio: 86.70
Forward P/E Ratio: 77.06
P/E Growth: 5.09
Net Income: $21.19 million
Net Margins: 2.94%
Pretax Margin: 5.12%
Return on Equity: 6.53%
Return on Assets: 5.27%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 5.63
Quick Ratio: 3.59

Sales & Book Value

Annual Sales: $545.63 million
Price / Sales: 2.15
Cash Flow: $0.17 per share
Price / Cash Flow: 40.20
Book Value: $1.85 per share
Price / Book: 3.75

Miscellaneous

Outstanding Shares: 169,135,000
Free Float: 132,940,000
Market Cap: $1.17 billion
Optionable: Not Optionable
Beta: 1.62

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Key Executives

Ms. Heather L. Hasson (Age 41)
Co-Founder & Executive Chairman
Comp: $594k
Ms. Catherine Spear (Age 39)
Co-Founder, CEO & Director
Comp: $1.04M
Ms. Daniella Turenshine (Age 33)
Chief Financial Officer
Comp: $518.14k
Mr. Steve Berube
Chief Operating Officer
Mr. Mark Bixby
Chief Technology Officer
Ms. Jean Fontana
Head of Investor Relations
Mr. Todd A. Maron
Chief Legal Officer & Secretary
Ms. Jami Pinto
Chief Global Product & Sustainability Officer
Ms. Devon Duff Gago
Chief Business Development Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FIGS Stock Analysis - Frequently Asked Questions

Should I buy or sell FIGS stock right now?: 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FIGS in the last year. There are currently 2 sell ratings, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" FIGS shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FIGS, but not buy additional shares or sell existing shares.
View FIGS analyst ratings or view top-rated stocks.
What is FIGS's stock price target for 2024?: 8 brokerages have issued 12-month target prices for FIGS's stock. Their FIGS share price targets range from $6.25 to $11.00. On average, they predict the company's share price to reach $9.16 in the next twelve months. This suggests a possible upside of 32.0% from the stock's current price.
View analysts price targets for FIGS or view top-rated stocks among Wall Street analysts.
How have FIGS shares performed in 2023?: FIGS's stock was trading at $6.73 on January 1st, 2023. Since then, FIGS shares have increased by 3.0% and is now trading at $6.9350.
View the best growth stocks for 2023 here.
Are investors shorting FIGS?: FIGS saw a increase in short interest in the month of November. As of November 15th, there was short interest totaling 18,760,000 shares, an increase of 7.9% from the October 31st total of 17,380,000 shares. Based on an average daily volume of 2,530,000 shares, the days-to-cover ratio is currently 7.4 days. Approximately 12.1% of the company's stock are short sold.
View FIGS's Short Interest.
When is FIGS's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our FIGS earnings forecast.
How were FIGS's earnings last quarter?: FIGS, Inc. (NYSE:FIGS) released its earnings results on Thursday, November, 2nd. The company reported $0.03 earnings per share for the quarter, beating analysts' consensus estimates of $0.02 by $0.01. The firm had revenue of $142.36 million for the quarter, compared to the consensus estimate of $131.30 million. FIGS had a net margin of 2.94% and a trailing twelve-month return on equity of 6.53%.

What ETFs hold FIGS's stock?: ETFs with the largest weight of FIGS (NYSE:FIGS) stock in their portfolio include ProShares Long Online/Short Stores ETF (CLIX), ProShares Online Retail ETF (ONLN), Amplify Online Retail ETF (IBUY), Janus Henderson Small Cap Growth Alpha ETF (JSML) and BlackRock Future Innovators ETF (BFTR).Clough Long/Short Equity ETF (CBLS).
When did FIGS IPO?: (FIGS) raised $394 million in an initial public offering (IPO) on Thursday, May 27th 2021. The company issued 22,500,000 shares at $16.00-$19.00 per share. Goldman Sachs, Morgan Stanley, Barclays, Credit Suisse and BofA Securities served as the underwriters for the IPO.
Who are FIGS's major shareholders?: FIGS's stock is owned by many different institutional and retail investors. Top institutional investors include Bamco Inc. NY (14.80%), Ameriprise Financial Inc. (3.00%), Northern Trust Corp (1.02%), FMR LLC (0.71%), Bank of New York Mellon Corp (0.55%) and Wellington Management Group LLP (0.43%). Insiders that own company stock include Catherine Eva Spear, Daniella Turenshine, Global Investors Lp Viking, Heather L Hasson, Michael J Soenen, Thomas Tull and Tulco, Llc.
View institutional ownership trends.
How do I buy shares of FIGS?: Shares of FIGS 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.

This page (NYSE:FIGS) was last updated on 12/6/2023 by MarketBeat.com Staff

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