The stock price of Figs Inc (NYSE: FIGS) has plunged by -3.70 when compared to previous closing price of 6.19, but the company has seen a 6.07% gain in its stock price over the last five trading sessions. invezz.com reported 2024-12-31 that Figs stock has lost momentum and remained in a consolidation phase in almost two years. It remained inside the support and resistance levels at $4.42 and $6.97 in this period, missing the strong stock surge in the United States.
Is It Worth Investing in Figs Inc (NYSE: FIGS) Right Now?
The price-to-earnings ratio for Figs Inc (NYSE: FIGS) is above average at 101.03x. The 36-month beta value for FIGS is also noteworthy at 1.24. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 7 rating it as “hold,” and 0 rating it as “sell.”
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The public float for FIGS is 127.80M, and at present, short sellers hold a 14.20% of that float. The average trading volume of FIGS on January 02, 2025 was 2.79M shares.
FIGS’s Market Performance
The stock of Figs Inc (FIGS) has seen a 6.07% increase in the past week, with a 10.18% rise in the past month, and a -11.69% fall in the past quarter. The volatility ratio for the week is 5.48%, and the volatility levels for the past 30 days are at 5.89% for FIGS. The simple moving average for the past 20 days is 3.71% for FIGS’s stock, with a 7.10% 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 previous 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 6.06% 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 -15.51% of loss for the given period.
Volatility was left at 5.89%, however, over the last 30 days, the volatility rate increased by 5.48%, as shares surge +15.51% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.89% lower at present.
During the last 5 trading sessions, FIGS rose by +6.67%, which changed the moving average for the period of 200-days by +21.11% in comparison to the 20-day moving average, which settled at $5.75. In addition, Figs Inc saw -3.70% 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 1.6. 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
In summary, Figs Inc (FIGS) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.
