Roth Capital Forecasts FIGS’s Q4 Earnings (NYSE:FIGS)

FIGS, Inc. (NYSE:FIGS) – Analysts at Roth Capital dropped their Q4 2024 EPS estimates for FIGS in a research report issued to clients and investors on Monday, November 4th. Roth Capital analyst M. Koranda now forecasts that the company will post earnings per share of $0.03 for the quarter, down from their prior estimate 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.

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

Several other equities research analysts have also 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 increased their target price on shares of FIGS from $4.25 to $4.75 and gave the stock a “sell” rating in a report on Friday, August 9th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $5.60.

FIGS Stock Performance

Shares of FIGS stock opened at $6.21 on Tuesday. FIGS has a 52-week low of $4.30 and a 52-week high of $7.98. The stock has a market cap of $1.06 billion, a PE ratio of 62.10, a PEG ratio of 83.33 and a beta of 1.44. The firm’s 50 day moving average price is $6.16 and its two-hundred day moving average price is $5.70.

Insider Buying and Selling

In related news, insider Heather L. Hasson sold 40,149 shares of the firm’s stock in a transaction on Wednesday, August 7th. The shares were sold at an average price of $5.70, for a total transaction of $228,849.30. Following the sale, the insider now directly owns 425,710 shares in the company, valued at $2,426,547. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have sold a total of 43,586 shares of company stock worth $249,902 over the last ninety days. Company insiders own 22.30% of the company’s stock.

Institutional Investors Weigh In On FIGS

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Dakota Wealth Management acquired a new stake in shares of FIGS during the second quarter worth $57,000. Verus Capital Partners LLC acquired a new stake in shares of FIGS during the second quarter worth $79,000. Janney Montgomery Scott LLC raised its holdings in shares of FIGS by 23.6% during the first 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 during the period. Creative Planning increased its stake in FIGS by 17.7% in the 3rd quarter. Creative Planning now owns 12,697 shares of the company’s stock valued at $87,000 after buying an additional 1,911 shares during the last quarter. Finally, Quadrature Capital Ltd acquired a new stake in FIGS in the 1st quarter valued at $129,000. 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.