NASDAQ:FGI

FGI Industries (FGI) Stock Price, News & Analysis

$1.13
+0.08 (+7.62%)
(As of 04/26/2024 ET)
Today's Range
$0.97
$1.14
50-Day Range
$1.00
$1.70
52-Week Range
$0.95
$2.02
Volume
17,182 shs
Average Volume
9,565 shs
Market Capitalization
$10.79 million
P/E Ratio
16.14
Dividend Yield
N/A
Price Target
$4.00

FGI Industries MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
254.0% Upside
$4.00 Price Target
Short Interest
Healthy
0.94% 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.

2.31 out of 5 stars

Retail/Wholesale Sector

133rd out of 199 stocks

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

2nd out of 2 stocks

FGI stock logo

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

FGI Stock News Headlines

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Company Calendar

Last Earnings
3/20/2024
Today
4/26/2024
Next Earnings (Estimated)
5/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Heating equipment, except electric & warm air; & plumbing fixtures
Sub-Industry
N/A
Current Symbol
NASDAQ:FGI
Fax
N/A
Employees
287
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
+254.0%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$730,000.00
Pretax Margin
1.18%

Debt

Sales & Book Value

Annual Sales
$117.24 million
Cash Flow
$0.35 per share
Book Value
$2.53 per share

Miscellaneous

Free Float
9,319,000
Market Cap
$10.79 million
Optionable
Not Optionable
Beta
1.34
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Key Executives

  • Mr. John Chen (Age 46)
    Executive Chairman
    Comp: $240k
  • Mr. David Bruce (Age 58)
    CEO, President & Director
    Comp: $369.25k
  • Mr. Jae M. Chung (Age 56)
    Senior Vice President of Investor Relations & Corporate Development
    Comp: $50.62k
  • 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

FGI Stock Analysis - 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 target for 2024?

1 Wall Street analysts have issued 1 year target prices for FGI Industries' stock. Their FGI share price targets range from $4.00 to $4.00. On average, they anticipate the company's share price to reach $4.00 in the next twelve months. This suggests a possible upside of 254.0% 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 beginning of 2024. Since then, FGI stock has decreased by 31.1% and is now trading at $1.13.
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 daily volume of 7,400 shares, the days-to-cover ratio is currently 2.2 days. Approximately 0.6% of the shares of the company 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, May 8th 2024.
View our FGI earnings forecast
.

How were FGI Industries' earnings last quarter?

FGI Industries Ltd. (NASDAQ:FGI) posted its quarterly earnings results on Wednesday, March, 20th. The company reported $0.06 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.04. The company earned $30.96 million during the quarter, compared to analysts' expectations of $31.20 million. FGI Industries had a net margin of 0.55% and a trailing twelve-month return on equity of 3.96%.

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

FGI Industries issued an update on its FY 2024 earnings guidance on Wednesday, March, 20th. The company provided EPS 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 initial public offering 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.

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 4/27/2024 by MarketBeat.com Staff

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