FIGS, Inc. (NYSE:FIGS – Get Rating) CFO Daniella Turenshine sold 13,557 shares of the firm’s stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $8.34, for a total value of $113,065.38. Following the transaction, the chief financial officer now directly owns 454,776 shares of the company’s stock, valued at approximately $3,792,831.84. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
FIGS Stock Performance
NYSE:FIGS opened at $8.47 on Wednesday. The company has a market capitalization of $1.41 billion, a P/E ratio of 105.83, a P/E/G ratio of 13.94 and a beta of 1.49. FIGS, Inc. has a 52 week low of $5.55 and a 52 week high of $13.75. The stock’s 50 day moving average price is $7.34 and its 200 day moving average price is $7.47.
FIGS (NYSE:FIGS – Get Rating) last announced its earnings results on Thursday, May 4th. The company reported $0.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.02. FIGS had a return on equity of 7.06% and a net margin of 2.75%. The firm had revenue of $120.23 million during the quarter, compared to analysts’ expectations of $112.65 million. During the same quarter in the prior year, the business earned $0.05 earnings per share. The company’s revenue was up 9.2% on a year-over-year basis. As a group, sell-side analysts forecast that FIGS, Inc. will post 0.06 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Wall Street Analyst Weigh In
A number of analysts recently commented on the stock. Oppenheimer dropped their target price on shares of FIGS from $12.00 to $9.00 and set an “outperform” rating on the stock in a report on Tuesday, March 21st. The Goldman Sachs Group raised their price objective on FIGS from $5.50 to $6.25 and gave the stock a “sell” rating in a research note on Wednesday, March 1st. Credit Suisse Group reduced their target price on FIGS from $12.00 to $10.00 and set an “outperform” rating for the company in a report on Wednesday, March 1st. Telsey Advisory Group decreased their target price on shares of FIGS from $12.00 to $11.00 and set an “outperform” rating for the company in a report on Wednesday, March 1st. Finally, Barclays lowered shares of FIGS from an “equal weight” rating to an “underweight” rating in a research note on Tuesday, May 2nd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, FIGS has an average rating of “Hold” and a consensus target price of $8.94.
FIGS Company Profile
FIGS, Inc operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States. It designs and sells healthcare apparel and other non-scrub offerings, such as lab coats, under scrubs, outerwear, activewear, loungewear, compression socks footwear, and masks. It also offers sports bras, performance leggings, tops, super-soft pima cotton tops, vests, and jackets.
See Also
- Get a free copy of the StockNews.com research report on FIGS (FIGS)
- Shopify Soars 6% On Logistics Sale; EPS Forecast To Grow 715%
- Gevo’s Cash Flow, Small Cap Buying Back Shares
- Tesla: How and Why It Gets To $300
- Is American Airlines a Good Stock to Buy?
- High Dividend REITs: Are They an Ideal Way to Diversify?
Receive News & Ratings for FIGS Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FIGS and related companies with MarketBeat.com's FREE daily email newsletter.
-logo.jpg&h=45&w=95&zc=2){kind=logo}
