FIGS (FIGS) to Release Quarterly Earnings on Wednesday

FIGS (NYSE:FIGS) is anticipated to issue its quarterly earnings data after the market closes on Wednesday, February 26th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $139.53 million for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

FIGS Stock Performance

Shares of FIGS opened at $5.51 on Wednesday. FIGS has a one year low of $4.30 and a one year high of $7.05. The stock’s fifty day moving average is $5.80 and its 200-day moving average is $5.77. The firm has a market capitalization of $934.80 million, a price-to-earnings ratio of 91.75, a price-to-earnings-growth ratio of 32.70 and a beta of 1.22.

Insiders Place Their Bets

In other news, insider Heather L. Hasson sold 26,855 shares of the firm’s stock in a transaction on Monday, January 6th. The shares were sold at an average price of $5.96, for a total value of $160,055.80. Following the sale, the insider now owns 354,221 shares in the company, valued at approximately $2,111,157.16. This trade represents a 7.05 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 22.30% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on the stock. Barclays lowered their price objective on shares of FIGS from $5.00 to $4.00 and set an “equal weight” rating on the stock in a research report on Tuesday, November 12th. Telsey Advisory Group reissued a “market perform” rating and set a $7.00 price target on shares of FIGS in a research report on Wednesday, November 13th. Finally, The Goldman Sachs Group reduced their price objective on FIGS from $5.00 to $4.50 and set a “sell” rating for the company in a research note on Tuesday, December 10th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $5.35.

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.