Figs Inc Stock Today
| FIGS Stock | USD 4.79 0.03 0.63% |
Performance0 of 100
| Odds Of DistressLess than 8
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Figs is selling for under 4.79 as of the 23rd of April 2024; that is 0.63 percent increase since the beginning of the trading day. The stock's lowest day price was 4.72. Figs has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Figs Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of August 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Health Care Equipment & Services | IPO Date 27th of May 2021 | Category Consumer Cyclical | Classification Health Care |
FIGS, Inc. operates as a direct-to-consumer healthcare apparel and lifestyle company in the United States. FIGS, Inc. was founded in 2013 and is headquartered in Santa Monica, California. Figs Inc operates under Apparel Manufacturing classification in the United States and is traded on New York Stock Exchange. The company has 161.63 M outstanding shares of which 21.27 M shares are currently shorted by private and institutional investors with about 3.92 trading days to cover. More on Figs Inc
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Follow Valuation Options Odds of Bankruptcy
Financial Report 2nd of May 2024
Figs Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Figs' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Figs or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Trina Spear | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Apparel (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Health Care Equipment & Supplies, Health Care Equipment & Services, Consumer Cyclical, NYSE Composite, Apparel, Health Care, Health Care Equipment & Supplies, Apparel Manufacturing, Consumer Cyclical (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Figs report their recommendations after researching Figs' financial statements, talking to executives and customers, or listening in on Figs' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Figs Inc. The Figs consensus assessment is calculated by taking the average forecast from all of the analysts covering Figs. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Figs' liquidity, profitability, solvency, and operating efficiency, Figs Inc is not in a good financial situation at this time. It has a very high probability of going through financial hardship in May. Financial strength of Figs Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Figs' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Figs' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Figs' financial leverage. It provides some insight into what part of Figs' total assets is financed by creditors.
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Figs Inc (FIGS) is traded on New York Stock Exchange in USA. It is located in 2834 Colorado Avenue, Santa Monica, CA, United States, 90404 and employs 343 people. Figs is listed under Health Care Equipment & Supplies category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 808.78 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Figs's market, we take the total number of its shares issued and multiply it by Figs's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Figs Inc conducts business under Health Care Equipment & Supplies sector and is part of Health Care industry. The entity has 161.63 M outstanding shares of which 21.27 M shares are currently shorted by private and institutional investors with about 3.92 trading days to cover.
Figs Inc currently holds about 170.22 M in cash with 100.92 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.03.
Check Figs Probability Of Bankruptcy
Ownership AllocationFigs Inc retains a total of 161.63 Million outstanding shares. The majority of Figs Inc outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in Figs Inc to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Figs. Please pay attention to any change in the institutional holdings of Figs Inc as this could imply that something significant has changed or is about to change at the company. Also note that almost six million four hundred sixty-five thousand one hundred twenty invesors are currently shorting Figs expressing very little confidence in its future performance.
Check Figs Ownership Details
Figs Stock Price Odds Analysis
Attributed to a normal probability distribution, the odds of Figs jumping above the current price in 90 days from now is about 87.65%. The Figs Inc probability density function shows the probability of Figs stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days Figs has a beta of 0.3529. This usually indicates as returns on the market go up, Figs average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Figs Inc will be expected to be much smaller as well. Additionally, figs Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Figs to move above the current price in 90 days from now is about 87.65 (This Figs Inc probability density function shows the probability of Figs Stock to fall within a particular range of prices over 90 days) .
Figs Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Figs that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Figs' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Figs' value.| Instituion | Recorded On | Shares | |
| State Street Corporation | 2023-12-31 | 2.7 M | |
| Geode Capital Management, Llc | 2023-12-31 | 2.6 M | |
| Marshall Wace Asset Management Ltd | 2023-12-31 | 2.4 M | |
| Applied Fundamental Research, Llc | 2023-12-31 | 2 M | |
| Eagle Asset Management, Inc. | 2023-12-31 | 1.7 M | |
| Northern Trust Corp | 2023-12-31 | 1.7 M | |
| Voloridge Investment Management, Llc | 2023-09-30 | 1.6 M | |
| Bank Of America Corp | 2023-12-31 | 1.5 M | |
| Renaissance Technologies Corp | 2023-12-31 | 1.5 M | |
| Bamco Inc | 2023-12-31 | 25.2 M | |
| Vanguard Group Inc | 2023-12-31 | 12.4 M |
Figs Historical Income Statement
Figs Inc Income Statement is one of the three primary financial statements used for reporting Figs's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Figs Inc revenue and expense. Figs Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Figs' Tax Provision is comparatively stable compared to the past year. Net Interest Income is likely to gain to about 5.8 M in 2024, whereas Selling General Administrative is likely to drop slightly above 104.3 M in 2024. View More FundamentalsFigs Stock Against Markets
Picking the right benchmark for Figs stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Figs stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Figs is critical whether you are bullish or bearish towards Figs Inc at a given time. Please also check how Figs' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Figs without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Figs Corporate Management
Elected by the shareholders, the Figs' board of directors comprises two types of representatives: Figs inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Figs. The board's role is to monitor Figs' management team and ensure that shareholders' interests are well served. Figs' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Figs' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Kevin Fosty | VP Controller | Profile | |
| Mark Bixby | Chief Officer | Profile | |
| Catherine Spear | CEO CoFounder | Profile | |
| Kenneth Lin | Independent Director | Profile | |
| A Lafley | Independent Director | Profile | |
| Jami Pinto | Chief Global Product & Sustainability Officer | Profile |
How to buy Figs Stock?
Before investing in Figs, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Figs. To buy Figs stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Figs. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Figs stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Figs Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Figs Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Figs Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Figs Stock please use our How to Invest in Figs guide.
Already Invested in Figs Inc?
The danger of trading Figs Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Figs is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Figs. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Figs Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Figs Inc is a strong investment it is important to analyze Figs' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Figs' future performance. For an informed investment choice regarding Figs Stock, refer to the following important reports: Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Figs Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in price. Note that the Figs Inc information on this page should be used as a complementary analysis to other Figs' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Complementary Tools for Figs Stock analysis
When running Figs' price analysis, check to measure Figs' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Figs is operating at the current time. Most of Figs' value examination focuses on studying past and present price action to predict the probability of Figs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Figs' price. Additionally, you may evaluate how the addition of Figs to your portfolios can decrease your overall portfolio volatility.
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Is Figs' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Figs. If investors know Figs will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Figs listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1.55 | Earnings Share 0.12 | Revenue Per Share 3.247 | Return On Assets 0.049 | Return On Equity 0.0661 |
The market value of Figs Inc is measured differently than its book value, which is the value of Figs that is recorded on the company's balance sheet. Investors also form their own opinion of Figs' value that differs from its market value or its book value, called intrinsic value, which is Figs' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Figs' market value can be influenced by many factors that don't directly affect Figs' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Figs' value and its price as these two are different measures arrived at by different means. Investors typically determine if Figs is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Figs' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.