Roth Capital Issues Pessimistic Forecast for FIGS Earnings

FIGS, Inc. (NYSE:FIGS) – Research analysts at Roth Capital lowered their Q4 2024 earnings per share (EPS) estimates for FIGS in a research note issued to investors on Monday, November 4th. Roth Capital analyst M. Koranda now expects that the company will earn $0.03 per share for the quarter, down from their prior forecast of $0.04. The consensus estimate for FIGS’s current full-year earnings is $0.03 per share. Roth Capital also issued estimates for FIGS’s Q4 2025 earnings at $0.06 EPS and FY2026 earnings at $0.20 EPS.

Several other brokerages have also recently weighed in on FIGS. Telsey Advisory Group reiterated a “market perform” rating and issued a $7.00 target price on shares of FIGS in a report on Monday. The Goldman Sachs Group boosted their price target on shares of FIGS from $4.25 to $4.75 and gave the company a “sell” rating in a report on Friday, August 9th. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and one has issued a buy rating to the company. According to MarketBeat, FIGS has a consensus rating of “Hold” and an average price target of $5.60.

FIGS Trading Up 1.9 %

NYSE FIGS opened at $6.33 on Tuesday. FIGS has a 12 month low of $4.30 and a 12 month high of $7.98. The company’s 50-day moving average price is $6.16 and its 200-day moving average price is $5.70. The stock has a market cap of $1.08 billion, a PE ratio of 63.30, a PEG ratio of 83.33 and a beta of 1.44.

FIGS (NYSE:FIGS) last issued its quarterly earnings data on Thursday, August 8th. The company reported $0.01 EPS for the quarter. FIGS had a net margin of 3.39% and a return on equity of 4.94%. The business had revenue of $144.23 million during the quarter, compared to analysts’ expectations of $142.25 million. During the same period last year, the company posted $0.02 EPS. The business’s revenue was up 4.4% on a year-over-year basis.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FIGS. Vanguard Group Inc. boosted its holdings in FIGS by 0.9% during the fourth quarter. Vanguard Group Inc. now owns 12,390,645 shares of the company’s stock worth $86,115,000 after buying an additional 112,575 shares in the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of FIGS by 23.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 16,977 shares of the company’s stock worth $85,000 after acquiring an additional 3,247 shares in the last quarter. ProShare Advisors LLC grew its position in shares of FIGS by 26.6% during the 1st quarter. ProShare Advisors LLC now owns 766,465 shares of the company’s stock valued at $3,817,000 after acquiring an additional 161,249 shares during the period. Quadrature Capital Ltd purchased a new position in shares of FIGS in the 1st quarter valued at about $129,000. Finally, Price T Rowe Associates Inc. MD boosted its position in FIGS by 6.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 63,141 shares of the company’s stock worth $316,000 after purchasing an additional 4,038 shares in the last quarter. 92.21% of the stock is currently owned by institutional investors and hedge funds.

FIGS Company Profile

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.