Figs Inc (NYSE: FIGS) is -27.91% lower on its value in year-to-date trading and has touched a low of $4.30 and a high of $7.98 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FIGS stock was last observed hovering at around $5.06 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $5.01, the stock is -15.90% and -17.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.85 million and changing -0.99% at the moment leaves the stock -10.74% off its SMA200. FIGS registered -16.36% loss for a year compared to 6-month gain of -13.62%. The firm has a 50-day simple moving average (SMA 50) of $6.093 and a 200-day simple moving average (SMA200) of $5.61655.
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The stock witnessed a -24.66% loss in the last 1 month and extending the period to 3 months gives it a -9.73%, and is -24.89% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.36% over the week and 4.85% over the month.
Figs Inc (FIGS) has around 354 employees, a market worth around $850.75M and $548.64M in sales. Current P/E ratio is 84.92 and Fwd P/E is 64.10. Profit margin for the company is 1.97%. Distance from 52-week low is 16.51% and -37.22% from its 52-week high. The company has generated returns on investments over the last 12 months (2.42%).
The EPS is expected to shrink by -84.20% this year
264.0 institutions hold shares in Figs Inc (FIGS), with institutional investors hold 98.80% of the company’s shares. The shares outstanding are 161.46M, and float is at 127.96M with Short Float at 17.68%. Institutions hold 77.63% of the Float.
The top institutional shareholder in the company is BAMCO INC /NY/ with over 26.69 million shares valued at $142.24 million. The investor’s holdings represent 15.7055 of the FIGS Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 12.49 million shares valued at $66.57 million to account for 7.35 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.52 million shares representing 6.192 and valued at over $56.08 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 6.0133 of the shares totaling 10.22 million with a market value of $54.46 million.
Figs Inc (FIGS) Insider Activity
The most recent transaction is an insider sale by Hasson Heather L., the company’s Executive Chair. SEC filings show that Hasson Heather L. sold 38,575 shares of the company’s common stock on Nov 06 ’24 at a price of $6.32 per share for a total of $0.24 million. Following the sale, the insider now owns 0.38 million shares.
Still, SEC filings show that on Sep 05 ’24, Hasson Heather L. (Executive Chair) disposed off 2,983 shares at an average price of $6.19 for $18465.0. The insider now directly holds 422,727 shares of Figs Inc (FIGS).
