FIGS (FIGS) Expected to Announce Earnings on Thursday

FIGS (NYSE:FIGS) is anticipated to release its earnings data after the market closes on Thursday, February 27th. Analysts expect FIGS to post earnings of $0.01 per share and revenue of $139.53 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

FIGS Trading Up 1.6 %

NYSE FIGS opened at $5.52 on Wednesday. The company has a market capitalization of $936.50 million, a price-to-earnings ratio of 91.92, a PEG ratio of 31.62 and a beta of 1.22. FIGS has a 1-year low of $4.30 and a 1-year high of $7.05. The stock’s 50 day moving average is $5.74 and its two-hundred day moving average is $5.77.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. Telsey Advisory Group reissued a “market perform” rating and issued a $7.00 target price on shares of FIGS in a research note on Thursday, February 20th. Barclays dropped their target price on FIGS from $5.00 to $4.00 and set an “equal weight” rating on the stock in a report on Tuesday, November 12th. Finally, The Goldman Sachs Group dropped their price objective on FIGS from $5.00 to $4.50 and set a “sell” rating on the stock in a research note on Tuesday, December 10th. Two equities 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $5.35.

Insider Buying and Selling

In other news, insider Heather L. Hasson sold 26,855 shares of the firm’s stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $5.96, for a total value of $160,055.80. Following the completion of the sale, the insider now directly owns 354,221 shares in the company, valued at $2,111,157.16. This trade represents a 7.05 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 22.30% of the stock is owned by corporate insiders.

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.