Figs Inc (NYSE: FIGS) has a price-to-earnings ratio that is above its average at 99.75x. The stock has a 36-month beta value of 1.32. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 1 as “overweight,” 7 as “hold,” and 0 as “sell.”
The public float for FIGS is 127.80M, and at present, short sellers hold a 14.20% of that float. On December 26, 2024, the average trading volume of FIGS was 2.83M shares.
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FIGS) stock’s latest price update
The stock of Figs Inc (NYSE: FIGS) has increased by 4.72 when compared to last closing price of 5.62. Despite this, the company has experienced a 3.80% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-12-20 that CAMBRIDGE, Mass.–(BUSINESS WIRE)–Applied Fundamental Research, a long-term shareholder of FIGS, Inc. (NYSE: FIGS), has submitted an open letter to the company’s management and its Board of Directors. The letter highlights FIGS’ exceptional achievements in transforming the healthcare apparel market, expresses confidence in the company’s ability to execute its growth strategy as a public company, and outlines recommendations for defining a clear capital allocation strategy to unlock shareholder.
FIGS’s Market Performance
FIGS’s stock has risen by 3.80% in the past week, with a monthly rise of 18.18% and a quarterly drop of -13.06%. The volatility ratio for the week is 6.25% while the volatility levels for the last 30 days are 5.65% for Figs Inc The simple moving average for the past 20 days is 5.71% for FIGS’s stock, with a 6.16% simple moving average for the past 200 days.
Analysts’ Opinion of FIGS
Many brokerage firms have already submitted their reports for FIGS stocks, with Telsey Advisory Group repeating the rating for FIGS by listing it as a “Market Perform.” The predicted price for FIGS in the upcoming period, according to Telsey Advisory Group is $7 based on the research report published on August 09, 2024 of the current year 2024.
BofA Securities, on the other hand, stated in their research note that they expect to see FIGS reach a price target of $4.50, previously predicting the price at $8.50. The rating they have provided for FIGS stocks is “Underperform” according to the report published on April 02nd, 2024.
FIGS Trading at 4.10% from the 50-Day Moving Average
After a stumble in the market that brought FIGS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.25% of loss for the given period.
Volatility was left at 5.65%, however, over the last 30 days, the volatility rate increased by 6.25%, as shares surge +17.67% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.08% lower at present.
During the last 5 trading sessions, FIGS rose by +3.35%, which changed the moving average for the period of 200-days by +10.78% in comparison to the 20-day moving average, which settled at $5.57. In addition, Figs Inc saw -15.32% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at FIGS starting from Hasson Heather L., who sale 3,076 shares at the price of $5.19 back on Dec 04 ’24. After this action, Hasson Heather L. now owns 381,076 shares of Figs Inc, valued at $15,955 using the latest closing price.
Heather Hasson, the Director of Figs Inc, proposed sale 3,076 shares at $5.19 during a trade that took place back on Dec 04 ’24, which means that Heather Hasson is holding shares at $15,955 based on the most recent closing price.
Stock Fundamentals for FIGS
Current profitability levels for the company are sitting at:
- 0.01 for the present operating margin
- 0.67 for the gross margin
The net margin for Figs Inc stands at 0.02. The total capital return value is set at 0.02. Equity return is now at value 2.86, with 2.20 for asset returns.
Currently, EBITDA for the company is 36.99 million with net debt to EBITDA at -6.15. When we switch over and look at the enterprise to sales, we see a ratio of 1.63. The receivables turnover for the company is 52.26for trailing twelve months and the total asset turnover is 1.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 4.58.
Conclusion
To sum up, Figs Inc (FIGS) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
