Should I buy or sell FIGS stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FIGS in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" FIGS shares. View FIGS analyst ratings or view top-rated stocks .

What is FIGS's stock price target for 2024?

7 analysts have issued twelve-month price targets for FIGS's stock. Their FIGS share price targets range from $4.50 to $9.00. On average, they predict the company's stock price to reach $5.87 in the next twelve months. This suggests a possible upside of 24.4% 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 2024?

FIGS's stock was trading at $6.95 at the start of the year. Since then, FIGS stock has decreased by 32.1% and is now trading at $4.72. View the best growth stocks for 2024 here .

Are investors shorting FIGS?

FIGS saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 22,180,000 shares, a decrease of 20.2% from the February 29th total of 27,790,000 shares. Based on an average trading volume of 4,050,000 shares, the short-interest ratio is presently 5.5 days. Approximately 14.2% 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 Thursday, May 2nd 2024. View our FIGS earnings forecast .

How were FIGS's earnings last quarter?

FIGS, Inc. (NYSE:FIGS) announced its quarterly earnings results on Wednesday, February, 28th. The company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.04. The company earned $144.90 million during the quarter, compared to analyst estimates of $149.09 million. FIGS had a net margin of 4.15% and a trailing twelve-month return on equity of 6.72%. The firm's quarterly revenue was up .0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.05 EPS.

What ETFs hold FIGS's stock?

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

FIGS (FIGS) raised $394 million in an initial public offering 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 acted as the underwriters for the IPO.

Who are FIGS's major shareholders?

FIGS's stock is owned by a number of institutional and retail investors. Top institutional investors include Sanders Morris Harris LLC (0.08%) and Banque Cantonale Vaudoise (0.00%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSE:FIGS

FIGS (FIGS) Stock Price, News & Analysis

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Free FIGS Stock Alerts

$4.72

+0.06 (+1.29%)

(As of 04/17/2024 ET)

Compare

Today's Range: $4.64
▼
$4.74
50-Day Range: $4.47
▼
$6.57
52-Week Range: $4.37
▼
$8.84

Volume: 1.97 million shs
Average Volume: 3.96 million shs
Market Capitalization: $801.98 million

P/E Ratio: 42.91
Dividend Yield: N/A
Price Target: $5.87

Get FIGS alerts:

FIGS MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.86 Rating Score
Upside/Downside: 24.4% Upside
$5.87 Price Target
Short Interest: Bearish
13.66% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.50
Based on 2 Articles This Week
Insider Trading: Selling Shares
$285,986 Sold Last Quarter
Proj. Earnings Growth: 83.33%
From $0.06 to $0.11 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.72 out of 5 stars

Consumer Cyclical Sector

6th out of 22 stocks

Apparel Manufacturing Industry

1st out of 2 stocks

2.9

Analyst's Opinion

Consensus Rating
FIGS has received a consensus rating of Reduce. The company's average rating score is 1.86, and is based on 1 buy rating, 4 hold ratings, and 2 sell ratings.
Amount of Analyst Coverage
FIGS has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

2.0

Short Interest

Percentage of Shares Shorted
13.66% 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 5.1.
Change versus previous month
Short interest in FIGS has recently decreased by 4.10%, indicating that investor sentiment is improving.

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.

3.1

News and Social Media Coverage

News Sentiment
FIGS has a news sentiment score of 0.50. 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 higher news sentiment than the 0.27 average news sentiment score of Consumer Cyclical companies.
News Coverage This Week
MarketBeat has tracked 2 news articles for FIGS this week, compared to 0 articles on an average week.
Search Interest
Only 8 people have searched for FIGS on MarketBeat in the last 30 days. This is a decrease of -11% compared to the previous 30 days.
MarketBeat Follows
7 people have added FIGS to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 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 $285,986.00 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.

3.1

Earnings and Valuation

Earnings Growth
Earnings for FIGS are expected to grow by 83.33% in the coming year, from $0.06 to $0.11 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of FIGS is 42.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.02.
Price to Earnings Ratio vs. Sector
The P/E ratio of FIGS is 42.91, which means that it is trading at a less expensive P/E ratio than the Consumer Cyclical sector average P/E ratio of about 346.81.
Price to Earnings Growth Ratio
FIGS has a PEG Ratio of 15.27. 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 2.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

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About FIGS Stock (NYSE: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. It also offers sports bras, performance leggings, tops, super-soft pima cotton tops, vests, fleeces, and jackets; necessities, scrub caps, lanyards, badge reels, tote bags, baseball caps, and beanies. The company markets and sells its products to healthcare professionals through its direct-to-consumer digital platform comprising website, mobile app, and B2B business, as well as retail store. FIGS, Inc. was founded in 2013 and is headquartered in Santa Monica, California. FIGS, Inc.

FIGS Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FIGS Stock News Headlines

April 11, 2024 | fool.com

2 Beaten-Down Stocks That Could Be Ready to Soar

April 11, 2024 | americanbankingnews.com

FIGS, Inc. (NYSE:FIGS) Receives Average Recommendation of "Reduce" from Brokerages

April 18, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

March 14, 2024 | seekingalpha.com

FIGS Is Not Cheap But Is Not Dead Either

March 11, 2024 | businesswire.com

FIGS Announces Participation in the 36th Annual Roth Conference

February 29, 2024 | fool.com

Here's Why Figs Stock Plunged Today

February 28, 2024 | seekingalpha.com

FIGS, Inc. 2023 Q4 - Results - Earnings Call Presentation

February 26, 2024 | businesswire.com

FIGS Announces Participation in the Raymond James 45th Annual Institutional Investors Conference

April 18, 2024 | Paradigm Press (Ad)

AI “wealth window” is closing soon!

Today, I’m making my boldest prediction ever. Next-generation AI technology will create the first $100 TRILLION industry.

February 21, 2024 | seekingalpha.com

FIGS: Premium Medical Apparel Company; Wait For Reacceleration In Growth

February 14, 2024 | businesswire.com

FIGS Announces Date of Fourth Quarter and Full Year 2023 Earnings Release, Conference Call and Webcast

January 26, 2024 | seekingalpha.com

FIGS: Entering 2024 On Better Footing

December 28, 2023 | barrons.com

Bronstein, Gewirtz & Grossman, LLC Notifies Shareholders of FIGS, Inc. (FIGS) Investigation

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

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

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

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Retail/Wholesale
Industry: Apparel, finished products from fabrics & similar materials
Sub-Industry: N/A
Current Symbol: NYSE:FIGS
CUSIP: N/A
CIK: 1846576
Web: www.wearfigs.com
Phone: 424-300-8330
Fax: N/A
Employees: 343
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $5.87
High Stock Price Target: $9.00
Low Stock Price Target: $4.50
Potential Upside/Downside: +24.4%
Consensus Rating: Reduce
Rating Score (0-4): 1.86
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.11
Trailing P/E Ratio: 42.91
Forward P/E Ratio: 78.67
P/E Growth: 15.27
Net Income: $22.64 million
Net Margins: 4.15%
Pretax Margin: 7.48%
Return on Equity: 6.72%
Return on Assets: 5.45%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 6.73
Quick Ratio: 4.65

Sales & Book Value

Annual Sales: $545.65 million
Price / Sales: 1.47
Cash Flow: $0.14 per share
Price / Cash Flow: 32.64
Book Value: $2.22 per share
Price / Book: 2.13

Miscellaneous

Outstanding Shares: 169,911,000
Free Float: 133,550,000
Market Cap: $801.98 million
Optionable: Optionable
Beta: 1.48

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Key Executives

Ms. Heather L. Hasson (Age 42)
Co-Founder & Executive Chairman
Comp: $594k
Ms. Catherine Eva Spear (Age 40)
Co-Founder, CEO & Director
Comp: $1.04M
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?: 7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for FIGS in the last year. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" FIGS shares.
View FIGS analyst ratings or view top-rated stocks.
What is FIGS's stock price target for 2024?: 7 analysts have issued twelve-month price targets for FIGS's stock. Their FIGS share price targets range from $4.50 to $9.00. On average, they predict the company's stock price to reach $5.87 in the next twelve months. This suggests a possible upside of 24.4% 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 2024?: FIGS's stock was trading at $6.95 at the start of the year. Since then, FIGS stock has decreased by 32.1% and is now trading at $4.72.
View the best growth stocks for 2024 here.
Are investors shorting FIGS?: FIGS saw a decrease in short interest during the month of March. As of March 15th, there was short interest totaling 22,180,000 shares, a decrease of 20.2% from the February 29th total of 27,790,000 shares. Based on an average trading volume of 4,050,000 shares, the short-interest ratio is presently 5.5 days. Approximately 14.2% 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 Thursday, May 2nd 2024.
View our FIGS earnings forecast.
How were FIGS's earnings last quarter?: FIGS, Inc. (NYSE:FIGS) announced its quarterly earnings results on Wednesday, February, 28th. The company reported $0.05 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.04. The company earned $144.90 million during the quarter, compared to analyst estimates of $149.09 million. FIGS had a net margin of 4.15% and a trailing twelve-month return on equity of 6.72%. The firm's quarterly revenue was up .0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.05 EPS.

What ETFs hold FIGS's stock?: ETFs with the largest weight of FIGS (NYSE:FIGS) stock in their portfolio include ProShares Online Retail ETF (ONLN), ProShares Long Online/Short Stores ETF (CLIX), Amplify Online Retail ETF (IBUY) and BlackRock Future Innovators ETF (BFTR).Clough Long/Short Equity ETF (CBLS).
When did FIGS IPO?: FIGS (FIGS) raised $394 million in an initial public offering 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 acted as the underwriters for the IPO.
Who are FIGS's major shareholders?: FIGS's stock is owned by a number of institutional and retail investors. Top institutional investors include Sanders Morris Harris LLC (0.08%) and Banque Cantonale Vaudoise (0.00%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:FIGS) was last updated on 4/18/2024 by MarketBeat.com Staff

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FIGS (FIGS) Stock Price, News & Analysis

FIGS MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About FIGS Stock (NYSE:FIGS)

FIGS Stock Price History

FIGS Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

FIGS Stock Analysis - Frequently Asked Questions

Overall MarketRank^™