
FIGS, Inc. (NYSE:FIGS – Free Report) – Telsey Advisory Group boosted their FY2026 EPS estimates for shares of FIGS in a research report issued on Friday, November 7th. Telsey Advisory Group analyst D. Telsey now forecasts that the company will post earnings per share of $0.12 for the year, up from their previous estimate of $0.07. Telsey Advisory Group currently has a “Market Perform” rating and a $9.00 target price on the stock. The consensus estimate for FIGS’s current full-year earnings is $0.01 per share.
Several other analysts also recently weighed in on FIGS. The Goldman Sachs Group lifted their target price on FIGS from $5.00 to $5.50 and gave the stock a “sell” rating in a research report on Friday, November 7th. Wall Street Zen raised shares of FIGS from a “buy” rating to a “strong-buy” rating in a research report on Sunday, October 12th. Cowen restated a “hold” rating on shares of FIGS in a research note on Friday, August 8th. Weiss Ratings raised shares of FIGS from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday. Finally, Zacks Research upgraded FIGS from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, five have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $7.70.
FIGS Stock Performance
Shares of FIGS stock opened at $9.61 on Monday. The stock has a 50 day moving average price of $7.39 and a 200 day moving average price of $6.26. FIGS has a 52-week low of $3.57 and a 52-week high of $9.65. The firm has a market capitalization of $1.57 billion, a P/E ratio of 96.10, a P/E/G ratio of 3.58 and a beta of 1.34.
FIGS (NYSE:FIGS – Get Free Report) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.05 EPS for the quarter, beating the consensus estimate of $0.02 by $0.03. The company had revenue of $151.66 million for the quarter, compared to the consensus estimate of $142.39 million. FIGS had a net margin of 3.03% and a return on equity of 4.50%. The firm’s revenue was up 8.2% compared to the same quarter last year. During the same period in the prior year, the firm posted ($0.01) EPS. FIGS has set its FY 2025 guidance at EPS.
Insider Activity
In other FIGS news, CFO Sarah Oughtred sold 22,745 shares of the stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $7.39, for a total transaction of $168,085.55. Following the sale, the chief financial officer owned 845,345 shares of the company’s stock, valued at approximately $6,247,099.55. This trade represents a 2.62% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Heather L. Hasson sold 23,356 shares of FIGS stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $7.39, for a total value of $172,600.84. Following the completion of the transaction, the insider owned 1,274,841 shares in the company, valued at $9,421,074.99. This represents a 1.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 118,282 shares of company stock worth $842,076. Corporate insiders own 29.44% of the company’s stock.
Institutional Investors Weigh In On FIGS
A number of institutional investors have recently added to or reduced their stakes in FIGS. Farther Finance Advisors LLC grew its stake in FIGS by 12,795.0% in the second quarter. Farther Finance Advisors LLC now owns 5,158 shares of the company’s stock valued at $29,000 after purchasing an additional 5,118 shares during the last quarter. Assetmark Inc. bought a new stake in shares of FIGS in the 3rd quarter valued at about $35,000. Capstone Financial Advisors Inc. bought a new stake in shares of FIGS in the 2nd quarter valued at about $56,000. Hudson Bay Capital Management LP purchased a new position in shares of FIGS in the 2nd quarter worth approximately $61,000. Finally, Walleye Capital LLC bought a new position in shares of FIGS during the 2nd quarter worth approximately $65,000. Institutional investors own 92.21% of the company’s stock.
About 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.
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