Should I buy or sell FGI Industries stock right now?

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

What is FGI Industries' stock price target for 2024?

1 analysts have issued 12 month target prices for FGI Industries' stock. Their FGI share price targets range from $4.00 to $4.00. On average, they expect the company's share price to reach $4.00 in the next year. This suggests a possible upside of 202.1% 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 2024?

FGI Industries' stock was trading at $1.64 at the start of the year. Since then, FGI shares have decreased by 19.3% and is now trading at $1.3240. View the best growth stocks for 2024 here .

Are investors shorting FGI Industries?

FGI Industries saw a increase in short interest in March. As of March 31st, there was short interest totaling 16,300 shares, an increase of 7.9% from the March 15th total of 15,100 shares. Based on an average trading volume of 7,400 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.6% of the company's stock are sold short. 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, May 8th 2024. View our FGI earnings forecast .

How were FGI Industries' earnings last quarter?

FGI Industries Ltd. (NASDAQ:FGI) released its quarterly earnings data on Wednesday, March, 20th. The company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.04. The firm had revenue of $30.96 million for the quarter, compared to the consensus estimate of $31.20 million. FGI Industries had a trailing twelve-month return on equity of 3.96% and a net margin of 0.55%.

What guidance has FGI Industries issued on next quarter's earnings?

FGI Industries updated its FY 2024 earnings guidance on Wednesday, March, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $115.0 million-$128.0 million, compared to the consensus revenue estimate of $115.4 million.

When did FGI Industries IPO?

FGI Industries (FGI) raised $18 million in an 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 served as the underwriters for the IPO.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:FGI

FGI Industries (FGI) Stock Price, News & Analysis

→ Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed! (From Priority Gold) (Ad)

Free FGI Stock Alerts

$1.32

+0.02 (+1.53%)

(As of 04/17/2024 ET)

Compare

Today's Range: $1.27
▼
$1.39
50-Day Range: $1.28
▼
$1.71
52-Week Range: $1.26
▼
$2.18

Volume: 10,973 shs
Average Volume: 8,257 shs
Market Capitalization: $12.64 million

P/E Ratio: 18.91
Dividend Yield: N/A
Price Target: $4.00

Get FGI Industries alerts:

FGI Industries MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 202.1% Upside
$4.00 Price Target
Short Interest: Healthy
0.63% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: N/A

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.

2.16 out of 5 stars

Retail/Wholesale Sector

137th out of 197 stocks

Heating Equipment, Except Electric & Warm Air; & Plumbing Fixtures Industry

2nd out of 3 stocks

3.5

Analyst's Opinion

Consensus Rating
FGI 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.
Amount of Analyst Coverage
FGI Industries has received no research coverage in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.63% of the float of FGI Industries has been sold short.
Short Interest Ratio / Days to Cover
FGI Industries has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in FGI Industries has recently increased by 7.95%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
FGI Industries does not currently pay a dividend.
Dividend Growth
FGI Industries 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 FGI.

1.4

News and Social Media Coverage

News Sentiment
FGI Industries 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 lower news sentiment than the 0.44 average news sentiment score of Retail/Wholesale companies.
Search Interest
1 people have searched for FGI on MarketBeat in the last 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, FGI Industries insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.40% of the stock of FGI Industries is held by insiders.

1.9

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of FGI Industries is 18.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of FGI Industries is 18.91, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 22.78.
Price to Book Value per Share Ratio
FGI Industries has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Ad Wall Street Star

This Apple-like Innovator is Revolutionizing Healthcare

AI has infiltrated so many sectors, it's sent the demand for AI-friendly GPU computer chips rocketing. Nvidia has gone up more than 3x in the past year. It is now valued well over $2 trillion, making it one of the largest companies in the world.

Click here to learn more about the booming eHealth industry

About FGI Industries Stock (NASDAQ:FGI)

FGI 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 home center retailers, online retailers, distributors, and independent dealers. The company was incorporated in 2021 and is headquartered in East Hanover, New Jersey. FGI Industries Ltd. is a subsidiary of Foremost Groups Ltd.

FGI Stock Price History

30 days | 90 days | 365 days | Advanced Chart

FGI Stock News Headlines

April 9, 2024 | msn.com

LVMH’s Michael Burke, Tracee Ellis Ross and Pete Nordstrom Honored at Fashion Scholarship Fund Gala

April 8, 2024 | barrons.com

Spanish Fashion House Puig Announces IPO

April 17, 2024 | Wall Street Star (Ad)

This Apple-like Innovator is Revolutionizing Healthcare

April 4, 2024 | ft.com

TikTok’s fate and Taiwan tech suppliers’ shift

April 1, 2024 | afr.com

Almost one in three jobs created last year was for the NDIS

March 28, 2024 | finance.yahoo.com

FGI Industries Full Year 2023 Earnings: EPS Beats Expectations

March 22, 2024 | finance.yahoo.com

FGI Industries Ltd. (NASDAQ:FGI) Q4 2023 Earnings Call Transcript

March 22, 2024 | finance.yahoo.com

Q4 2023 FGI Industries Ltd Earnings Call

April 17, 2024 | Wall Street Star (Ad)

This Apple-like Innovator is Revolutionizing Healthcare

March 21, 2024 | finanznachrichten.de

FGI Industries Ltd.: FGI Industries Announces Fourth Quarter And Full - Year 2023 Results

March 20, 2024 | investorplace.com

FGI Stock Earnings: FGI Industries Misses EPS, Beats Revenue for Q4 2023

March 20, 2024 | benzinga.com

Recap: FGI Industries Q4 Earnings

March 20, 2024 | prnewswire.com

FGI INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL - YEAR 2023 RESULTS

March 19, 2024 | benzinga.com

FGI Industries Earnings Preview

March 19, 2024 | markets.businessinsider.com

FGI Industries is about to announce its earnings — here's what Wall Street expects

March 18, 2024 | prnewswire.com

FGI INDUSTRIES ANNOUNCES FOURTH QUARTER AND FULL-YEAR 2023 RESULTS CONFERENCE CALL DATE

March 16, 2024 | msn.com

European stocks falter on US rate jitters

March 15, 2024 | ft.com

Live news: Traders lower bets to three quarter-point Fed rate cuts this year

March 13, 2024 | ft.com

Live news: Social media groups trade higher after US House passes bill banning TikTok

March 12, 2024 | msn.com

Aditya Birla Capital to merge Aditya Birla Finance with itself

March 11, 2024 | finance.yahoo.com

Is FGI Industries Ltd. (NASDAQ:FGI) Potentially Undervalued?

February 27, 2024 | finance.yahoo.com

FGI Launches the First Flush Guard™ Anti-Overflow Toilets at KBIS

January 30, 2024 | finance.yahoo.com

Be Wary Of FGI Industries (NASDAQ:FGI) And Its Returns On Capital

January 19, 2024 | reuters.com

India's Reliance Jio posts 12.3% rise in Q3 profit

December 26, 2023 | benzinga.com

FGI Industries Stock (NASDAQ:FGI) Dividends: History, Yield and Dates

December 17, 2023 | nytimes.com

How Putin Turned a Western Boycott Into a Bonanza

November 28, 2023 | finance.yahoo.com

FGI INDUSTRIES TO ATTEND THE BENCHMARK DISCOVERY ONE-ON-ONE INVESTOR CONFERENCE

See More Headlines

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.

Company Calendar

Last Earnings: 3/20/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Heating equipment, except electric & warm air; & plumbing fixtures
Sub-Industry: N/A
Current Symbol: NASDAQ:FGI
CUSIP: N/A
CIK: 1864943
Web: www.fgi-industries.com
Phone: 973-428-0400
Fax: N/A
Employees: 145
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $4.00
High Stock Price Target: $4.00
Low Stock Price Target: $4.00
Potential Upside/Downside: +210.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.07
Trailing P/E Ratio: 18.43
Forward P/E Ratio: 16.13
P/E Growth: N/A
Net Income: $730,000.00
Net Margins: 0.55%
Pretax Margin: 1.18%
Return on Equity: 3.96%
Return on Assets: 1.44%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.64
Quick Ratio: 1.29

Sales & Book Value

Annual Sales: $117.24 million
Price / Sales: 0.11
Cash Flow: $0.32 per share
Price / Cash Flow: 4.01
Book Value: $2.53 per share
Price / Book: 0.51

Miscellaneous

Outstanding Shares: 9,550,000
Free Float: 9,319,000
Market Cap: $12.32 million
Optionable: Not Optionable
Beta: 1.34

7 Stocks That Could Be Bigger Than Tesla, Nvidia, and Google

Growth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.

Get This Free Report

Key Executives

Mr. John Chen (Age 46)
Executive Chairman
Comp: $240k
Mr. David Bruce (Age 58)
CEO, President & Director
Comp: $369.25k
Mr. Bob Kermelewicz (Age 61)
Executive Vice President of FGI USA
Comp: $278.19k
Mr. Perry Lin (Age 48)
Chief Financial Officer
Comp: $146.3k
Ms. Jennifer Earl (Age 49)
Executive Vice President of FGI Canada
Mr. Norman Kroenke (Age 61)
Executive Vice President of FGI Europe

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

FGI Stock Analysis - Frequently Asked Questions

Should I buy or sell FGI Industries stock right now?: 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for FGI Industries in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" FGI shares.
View FGI analyst ratings or view top-rated stocks.
What is FGI Industries' stock price target for 2024?: 1 analysts have issued 12 month target prices for FGI Industries' stock. Their FGI share price targets range from $4.00 to $4.00. On average, they expect the company's share price to reach $4.00 in the next year. This suggests a possible upside of 202.1% 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 2024?: FGI Industries' stock was trading at $1.64 at the start of the year. Since then, FGI shares have decreased by 19.3% and is now trading at $1.3240.
View the best growth stocks for 2024 here.
Are investors shorting FGI Industries?: FGI Industries saw a increase in short interest in March. As of March 31st, there was short interest totaling 16,300 shares, an increase of 7.9% from the March 15th total of 15,100 shares. Based on an average trading volume of 7,400 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.6% of the company's stock are sold short.
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, May 8th 2024.
View our FGI earnings forecast.

How were FGI Industries' earnings last quarter?: FGI Industries Ltd. (NASDAQ:FGI) released its quarterly earnings data on Wednesday, March, 20th. The company reported $0.06 EPS for the quarter, topping analysts' consensus estimates of $0.02 by $0.04. The firm had revenue of $30.96 million for the quarter, compared to the consensus estimate of $31.20 million. FGI Industries had a trailing twelve-month return on equity of 3.96% and a net margin of 0.55%.
What guidance has FGI Industries issued on next quarter's earnings?: FGI Industries updated its FY 2024 earnings guidance on Wednesday, March, 20th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $115.0 million-$128.0 million, compared to the consensus revenue estimate of $115.4 million.
When did FGI Industries IPO?: FGI Industries (FGI) raised $18 million in an 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 served as the underwriters for the IPO.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:FGI) was last updated on 4/17/2024 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial

FGI Industries (FGI) Stock Price, News & Analysis

FGI Industries 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

Search Interest

Company Ownership

Earnings and Valuation

About FGI Industries Stock (NASDAQ:FGI)

FGI Stock Price History

FGI Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

FGI Stock Analysis - Frequently Asked Questions

Overall MarketRank^™