Streetbeat News

FIGS

FIGS, Inc.

https://www.wearfigs.com

Industry

Apparel - Manufacturers

FIGS, Inc. operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States. It designs and sells healthcare apparel and other non-scrub offerings, such as lab coats, under scrubs, outerwear, activewear, loungewear, compression socks footwear, and masks. It also offers sports bras, performance leggings, tops, super-soft pima cotton tops, vests, and jackets. The company markets and sells its products through its digital platform comprising website and mobile app. FIGS, Inc. was founded in 2013 and is headquartered in Santa Monica, California.

Open

6.46

Mkt cap

1.1B

Volume

4.1M

High

6.72

P/E Ratio

74.11

52-wk high

7.98

Low

6.46

Div yield

N/A

52-wk low

4.30

Shares of companies within the broader consumer discretionary sector are trading higher following a rise in June retail sales, indicating continued consumer spending.

Portfolio Pulse from Benzinga Newsdesk

July 16, 2024 | 6:38 pm

The article provides an in-depth analysis of FIGS Inc. (NYSE:FIGS) based on recent analyst ratings. Over the past 30 days, analysts have shown mixed sentiments with a notable decrease in the average 12-month price target from $6.47 to $5.58. Key analysts have maintained or lowered their ratings and price targets, reflecting cautious outlooks. FIGS's financial performance shows strong profitability and effective cost control, despite a slight revenue decline.

Portfolio Pulse from Benzinga Insights

June 13, 2024 | 1:00 pm

Telsey Advisory Group has maintained its Market Perform rating on FIGS (NYSE:FIGS) and kept the price target at $6.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2024 | 12:23 pm

FIGS has appointed Sarah Oughtred as the new Chief Financial Officer, effective August 9, 2024. She will join the company on July 29, 2024, and will oversee finance, FP&A, accounting, and data analytics.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2024 | 10:52 am

FIGS has announced a multi-year agreement with the U.S. Olympic & Paralympic Committee and the LA28 Olympic and Paralympic Games to outfit over 250 healthcare professionals supporting athletes and provide uniforms for the Los Angeles 2028 Olympic and Paralympic Games.

Portfolio Pulse from Benzinga Newsdesk

May 20, 2024 | 1:08 pm

Recent analyst ratings for FIGS (NYSE:FIGS) show a mix of bullish and bearish perspectives, with a total of 9 analysts providing ratings in the past three months. The average 12-month price target for FIGS is now $6.04, down from $7.20, indicating a 16.11% decrease. Analyst actions include lowering price targets and maintaining or lowering ratings, reflecting changes in market conditions and company performance. FIGS Inc, a healthcare apparel company, has shown positive revenue growth and strong profitability but faces challenges in ROE.

Portfolio Pulse from Benzinga Insights

May 10, 2024 | 4:00 pm

Roth MKM analyst Matt Koranda has maintained a Buy rating on FIGS (NYSE:FIGS) but lowered the price target from $7.5 to $6.75.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 2:33 pm

Telsey Advisory Group analyst Dana Telsey maintains a Market Perform rating on FIGS (NYSE:FIGS) and keeps the price target at $6.

Portfolio Pulse from Benzinga Newsdesk

May 10, 2024 | 12:55 pm

FIGS has updated its FY24 net revenues outlook, now expecting a change in the range of -2% to +2%, an improvement from its previous forecast of a mid-single-digit decline to flat revenues. This revision indicates a more optimistic view of the company's revenue trajectory for the fiscal year 2024.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:07 pm

FIGS shares are trading lower following the announcement of their Q1 financial results.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 8:51 pm

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