image
Consumer Cyclical - Apparel - Manufacturers - NYSE - US
$ 4.92
-1.8 %
$ 795 M
Market Cap
98.4
P/E
1. INTRINSIC VALUE

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.[ Read More ]

The intrinsic value of one FIGS stock under the base case scenario is HIDDEN Compared to the current market price of 4.92 USD, FIGS, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart FIGS

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FINANCIALS
546 M REVENUE
7.87%
34 M OPERATING INCOME
-9.61%
22.6 M NET INCOME
6.85%
101 M OPERATING CASH FLOW
385.64%
-117 M INVESTING CASH FLOW
-1903.88%
670 K FINANCING CASH FLOW
-80.98%
140 M REVENUE
-2.78%
-8.63 M OPERATING INCOME
-555.63%
-1.7 M NET INCOME
-154.55%
22.6 M OPERATING CASH FLOW
36.57%
-23 M INVESTING CASH FLOW
42.89%
-7.27 M FINANCING CASH FLOW
-2863.39%
Balance Sheet Decomposition FIGS, Inc.
image
Current Assets 386 M
Cash & Short-Term Investments 247 M
Receivables 7.47 M
Other Current Assets 131 M
Non-Current Assets 87.6 M
Long-Term Investments 0
PP&E 67.9 M
Other Non-Current Assets 19.6 M
Current Liabilities 57.3 M
Accounts Payable 14.7 M
Short-Term Debt 16.5 M
Other Current Liabilities 26.1 M
Non-Current Liabilities 39.1 M
Long-Term Debt 77.8 M
Other Non-Current Liabilities -38.7 M
EFFICIENCY
Earnings Waterfall FIGS, Inc.
image
Revenue 546 M
Cost Of Revenue 169 M
Gross Profit 377 M
Operating Expenses 343 M
Operating Income 34 M
Other Expenses 11.4 M
Net Income 22.6 M
RATIOS
69.09% GROSS MARGIN
69.09%
6.24% OPERATING MARGIN
6.24%
4.15% NET MARGIN
4.15%
6.01% ROE
6.01%
4.78% ROA
4.78%
4.45% ROIC
4.45%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis FIGS, Inc.
image
Net Income 22.6 M
Depreciation & Amortization 2.94 M
Capital Expenditures -16.3 M
Stock-Based Compensation 45.8 M
Change in Working Capital 35.7 M
Others -15.3 M
Free Cash Flow 84.6 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets FIGS, Inc.
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Wall Street analysts predict an average 1-year price target for FIGS of $8.57 , with forecasts ranging from a low of $7 to a high of $15 .
FIGS Lowest Price Target Wall Street Target
7 USD 42.28%
FIGS Average Price Target Wall Street Target
8.57 USD 74.22%
FIGS Highest Price Target Wall Street Target
15 USD 204.88%
4. DIVIDEND ANALYSIS
0.00% DIVIDEND YIELD
0 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership FIGS, Inc.
image
Sold
0-3 MONTHS
262 K USD 1
3-6 MONTHS
253 K USD 2
6-9 MONTHS
237 K USD 2
9-12 MONTHS
3.7 M USD 2
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
1 week ago
Nov 06, 2024
Sell 244 K USD
Hasson Heather L.
Executive Chair
- 38575
6.3246 USD
2 months ago
Sep 05, 2024
Sell 18.5 K USD
Hasson Heather L.
Executive Chair
- 2983
6.19 USD
3 months ago
Aug 07, 2024
Sell 229 K USD
Hasson Heather L.
Executive Chair
- 40149
5.7 USD
3 months ago
Aug 07, 2024
Sell 2.59 K USD
Fosty Kevin
Former Interim CFO
- 454
5.7 USD
4 months ago
Jul 03, 2024
Sell 5.56 K USD
Fosty Kevin
Interim CFO
- 1005
5.53 USD
5 months ago
Jun 04, 2024
Sell 15.6 K USD
Hasson Heather L.
Executive Chair
- 3011
5.1864 USD
5 months ago
Jun 04, 2024
Sell 98.5 USD
Fosty Kevin
Interim CFO
- 19
5.1864 USD
6 months ago
May 07, 2024
Sell 140 K USD
Hasson Heather L.
Executive Chair
- 28614
4.89 USD
8 months ago
Mar 05, 2024
Sell 87.3 K USD
Turenshine Daniella
Chief Financial Officer
- 15762
5.5375 USD
8 months ago
Mar 05, 2024
Sell 10.1 K USD
Hasson Heather L.
Executive Chair
- 1824
5.5375 USD
9 months ago
Feb 08, 2024
Sell 25.2 K USD
Turenshine Daniella
Chief Financial Officer
- 4201
6 USD
9 months ago
Feb 06, 2024
Sell 163 K USD
Hasson Heather L.
Executive Chair
- 27547
5.929 USD
10 months ago
Jan 05, 2024
Sell 25.5 K USD
Turenshine Daniella
Chief Financial Officer
- 4201
6.08 USD
11 months ago
Dec 04, 2023
Sell 80.8 K USD
Turenshine Daniella
Chief Financial Officer
- 10933
7.3909 USD
11 months ago
Dec 06, 2023
Sell 53.2 K USD
Turenshine Daniella
Chief Financial Officer
- 7601
7 USD
11 months ago
Dec 01, 2023
Sell 2.81 M USD
Hasson Heather L.
Executive Chair
- 380010
7.3975 USD
11 months ago
Dec 04, 2023
Sell 545 K USD
Hasson Heather L.
Executive Chair
- 73802
7.3909 USD
1 year ago
Nov 07, 2023
Sell 266 K USD
Hasson Heather L.
Executive Chair
- 40691
6.539 USD
1 year ago
Nov 03, 2023
Sell 19.6 K USD
Turenshine Daniella
Chief Financial Officer
- 2807
7 USD
1 year ago
Nov 07, 2023
Sell 28.2 K USD
Turenshine Daniella
Chief Financial Officer
- 4201
6.71 USD
1 year ago
Oct 06, 2023
Sell 25.3 K USD
Turenshine Daniella
Chief Financial Officer
- 4201
6.0157 USD
1 year ago
Sep 29, 2023
Sell 27 K USD
Turenshine Daniella
Chief Financial Officer
- 4495
6 USD
1 year ago
Sep 05, 2023
Sell 78.4 K USD
Turenshine Daniella
Chief Financial Officer
- 12661
6.195 USD
1 year ago
Sep 05, 2023
Sell 457 K USD
Hasson Heather L.
Executive Chair
- 73714
6.195 USD
1 year ago
Aug 07, 2023
Sell 29.6 K USD
Turenshine Daniella
Chief Financial Officer
- 4201
7.05 USD
1 year ago
Aug 07, 2023
Sell 279 K USD
Hasson Heather L.
Executive Chair
- 39533
7.05 USD
1 year ago
Jul 14, 2023
Sell 231 K USD
Hasson Heather L.
Executive Chair
- 28448
8.103 USD
1 year ago
Jul 12, 2023
Sell 39.8 K USD
Hasson Heather L.
Executive Chair
- 4931
8.0718 USD
1 year ago
Jul 11, 2023
Sell 90.9 K USD
Hasson Heather L.
Executive Chair
- 11347
8.01 USD
1 year ago
Jul 13, 2023
Sell 354 K USD
Hasson Heather L.
Executive Chair
- 43995
8.0452 USD
1 year ago
Jul 06, 2023
Sell 31.4 K USD
Turenshine Daniella
Chief Financial Officer
- 4201
7.48 USD
1 year ago
Jul 03, 2023
Sell 375 K USD
Hasson Heather L.
Executive Chair
- 46274
8.1053 USD
1 year ago
Jun 26, 2023
Sell 225 K USD
Hasson Heather L.
Executive Chair
- 27965
8.0452 USD
1 year ago
Jun 16, 2023
Sell 950 K USD
Hasson Heather L.
Executive Chair
- 114328
8.3079 USD
1 year ago
Jun 20, 2023
Sell 241 K USD
Hasson Heather L.
Executive Chair
- 29791
8.0947 USD
1 year ago
Jun 15, 2023
Sell 123 K USD
Turenshine Daniella
Chief Financial Officer
- 14575
8.4446 USD
1 year ago
Jun 15, 2023
Sell 123 K USD
Turenshine Daniella
Chief Financial Officer
- 14575
8.4446 USD
1 year ago
Jun 13, 2023
Sell 1.45 M USD
Hasson Heather L.
Executive Chair
- 170985
8.4532 USD
1 year ago
Jun 14, 2023
Sell 751 K USD
Hasson Heather L.
Executive Chair
- 88819
8.4514 USD
1 year ago
Jun 15, 2023
Sell 576 K USD
Hasson Heather L.
Executive Chair
- 68112
8.4623 USD
1 year ago
Jun 02, 2023
Sell 619 K USD
Hasson Heather L.
Executive Chair
- 74173
8.34 USD
1 year ago
Jun 02, 2023
Sell 113 K USD
Turenshine Daniella
Chief Financial Officer
- 13557
8.34 USD
1 year ago
May 09, 2023
Sell 270 K USD
Hasson Heather L.
Executive Chair
- 34448
7.83 USD
1 year ago
Mar 08, 2023
Bought 242 K USD
Spear Catherine Eva
Chief Executive Officer
+ 40000
6.0616 USD
1 year ago
Mar 07, 2023
Bought 4.74 M USD
Spear Catherine Eva
Chief Executive Officer
+ 750000
6.3159 USD
1 year ago
Mar 03, 2023
Sell 485 K USD
Hasson Heather L.
Executive Chair
- 70236
6.9 USD
1 year ago
Mar 02, 2023
Sell 94.6 K USD
Turenshine Daniella
Chief Financial Officer
- 14209
6.66 USD
1 year ago
Dec 02, 2022
Sell 105 K USD
Turenshine Daniella
Chief Financial Officer
- 13668
7.71 USD
2 years ago
Sep 02, 2022
Sell 160 K USD
Turenshine Daniella
Chief Financial Officer
- 13455
11.86 USD
2 years ago
Aug 11, 2022
Bought 61.9 K USD
SOENEN MICHAEL J
director:
+ 5000
12.38 USD
2 years ago
Jun 02, 2022
Sell 83.9 K USD
Turenshine Daniella
Chief Financial Officer
- 9809
8.55 USD
2 years ago
Apr 21, 2022
Bought 500 K USD
Tull Thomas
director:
+ 29185
17.13 USD
2 years ago
Apr 01, 2022
Bought 249 K USD
Tull Thomas
director:
+ 10850
22.92 USD
2 years ago
Mar 21, 2022
Bought 2.59 M USD
Tull Thomas
director:
+ 133490
19.38 USD
2 years ago
Mar 02, 2022
Sell 123 K USD
Turenshine Daniella
Chief Financial Officer
- 8414
14.63 USD
2 years ago
Dec 02, 2021
Sell 2.6 M USD
Spear Catherine Eva
Co-Chief Executive Officer
- 84889
30.6 USD
2 years ago
Dec 02, 2021
Sell 2.18 M USD
Hasson Heather L.
Co-Chief Executive Officer
- 71292
30.6 USD
2 years ago
Nov 29, 2021
Sell 116 K USD
Spear Catherine Eva
Co-Chief Executive Officer
- 3540
32.79 USD
2 years ago
Nov 29, 2021
Sell 95.2 K USD
Hasson Heather L.
Co-Chief Executive Officer
- 2904
32.79 USD
3 years ago
Nov 15, 2021
Sell 3.05 M USD
Spear Catherine Eva
Co-Chief Executive Officer
- 89060
34.289 USD
3 years ago
Nov 15, 2021
Sell 2.58 M USD
Hasson Heather L.
Co-Chief Executive Officer
- 75164
34.289 USD
3 years ago
Sep 20, 2021
Sell 256 M USD
Tulco, LLC
10 percent owner
- 6366670
40.25 USD
3 years ago
Sep 20, 2021
Sell 59.1 M USD
Spear Catherine Eva
Co-Chief Executive Officer
- 1468324
40.25 USD
3 years ago
Sep 20, 2021
Sell 97.4 M USD
Hasson Heather L.
Co-Chief Executive Officer
- 2419998
40.25 USD
3 years ago
Sep 02, 2021
Sell 7.45 M USD
VIKING GLOBAL INVESTORS LP
10 percent owner
- 157587
47.28 USD
3 years ago
Sep 03, 2021
Sell 1.91 M USD
VIKING GLOBAL INVESTORS LP
10 percent owner
- 42413
44.92 USD
3 years ago
Jun 01, 2021
Sell 566 M USD
Tulco, LLC
10 percent owner
- 25707953
22 USD
3 years ago
Jun 01, 2021
Bought 1 M USD
Varelas Christopher Peter
Director
+ 45455
22 USD
7. News
FIGS Back To Q1 Prices, But The Name Is Still A Hold Figs reported disappointing 3Q24 results with a 2% revenue decline and a 13 percentage point drop in adjusted EBITDA margins, leading to a 30% stock price drop. The company's high SG&A expenses and lack of growth make it difficult to compete against lower-priced alternatives, justifying my Hold rating. Questionable $25 million investment in a pre-product healthcare education app raises concerns about capital allocation and potential conflicts of interest. seekingalpha.com - 4 days ago
FIGS, Inc. (FIGS) Q3 2024 Earnings Call Transcript FIGS, Inc. (NYSE:FIGS ) Q3 2024 Earnings Conference Call November 7, 2024 5:00 PM ET Company Participants Tom Shaw - Senior Vice President, Investor Relations Trina Spear - Co-Founder & Chief Executive Officer Sarah Oughtred - Chief Financial Officer Conference Call Participants Dana Telsey - Telsey Group Josh Reiss - Raymond James Bob Drbul - Guggenheim Brooke Roach - Goldman Sachs Brian Nagel - Oppenheimer Lorraine Hutchinson - Bank of America Matt Koranda - ROTH Capital Nathan Feather - Morgan Stanley John Kernan - TD Cowen Ashley Owens - KeyBanc Capital Markets Operator Thank you for standing by, and good afternoon. Thank you for attending today's FIGS' Third Quarter Fiscal 2024 Earnings Conference Call. seekingalpha.com - 1 week ago
AEO or FIGS: Which Is the Better Value Stock Right Now? Investors interested in Retail - Apparel and Shoes stocks are likely familiar with American Eagle Outfitters (AEO) and Figs (FIGS). But which of these two stocks is more attractive to value investors? zacks.com - 1 week ago
Figs (FIGS) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates Although the revenue and EPS for Figs (FIGS) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 1 week ago
FIGS Announces Date of Third Quarter 2024 Earnings Release, Conference Call and Webcast SANTA MONICA, Calif.--(BUSINESS WIRE)--FIGS, Inc. (NYSE: FIGS), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today announced it will release its third quarter 2024 financial results on Thursday, November 7, 2024, after U.S. markets close. FIGS management will host a conference call that day at 2:00 p.m. PT / 5:00 p.m. ET to discuss its financial and business results and outlook. Prior to the call, FIGS will publish a third quarter 202. businesswire.com - 1 month ago
FIGS, Inc.: Growth Potentially Inflecting Upwards I rate FIGS, Inc. stock as a buy, expecting growth to inflect upwards with orders per buyer potentially more than doubling. FIGS has enhanced top-of-funnel awareness, product innovation, and distribution capacity, driving customer acquisition beyond its core scrub customer base. Margin pressures are temporary; scaling non-scrub products and the high-margin TEAMS business should flip this headwind into a tailwind. seekingalpha.com - 1 month ago
FIGS Expands its Retail Footprint to the East Coast with the Opening of its Second Community Hub SANTA MONICA, Calif.--(BUSINESS WIRE)--FIGS, Inc. (NYSE: FIGS), the global leading healthcare apparel brand, today announced the grand opening of its second retail store, the Rittenhouse Community Hub, on Walnut Street in Philadelphia on September 19. FIGS' Community Hubs reimagine the retail experience by providing healthcare professionals the opportunity to shop for their apparel in a way that never previously existed. They create opportunities for healthcare professionals to connect with FIG. businesswire.com - 1 month ago
FIGS Q2 2024 Shows Growth At The Expense Of Margins. The Stock Is Still Overpriced FIGS' Q2 2024 results showed moderate revenue growth but at the expense of lower margins due to increased spending on products and marketing. The company's lack of cost management and high gross margins make it vulnerable to competition, justifying my Hold rating. Despite some improvement in guidance, the valuation remains unattractive with the stock trading at a high P/E ratio even under optimistic scenarios. seekingalpha.com - 2 months ago
FIGS Announces Participation in the Goldman Sachs 31st Annual Global Retailing Conference SANTA MONICA, Calif.--(BUSINESS WIRE)--FIGS, Inc. (NYSE: FIGS), the global leading healthcare apparel brand dedicated to improving the lives of healthcare professionals, today announced that Trina Spear, Chief Executive Officer and Co-Founder, is scheduled to participate in a fireside chat at the Goldman Sachs 31st Annual Global Retailing Conference on Wednesday, September 4, 2024, at 11:00 a.m. ET. The audio portion of the fireside chat will be webcast live over the internet and can be accesse. businesswire.com - 2 months ago
Dried Fruit Market - Global Apricots, Berries, Dates, Figs, Freeze Drying, Microwave Drying, Solar Drying Forecast 2024-2030 Dublin, Aug. 28, 2024 (GLOBE NEWSWIRE) -- The "Global Dried Fruit Market by Type (Apricots, Berries, Dates), Drying Method (Freeze Drying, Microwave Drying, Solar Drying), Form, Distribution, Application - Forecast 2024-2030" report has been added to ResearchAndMarkets.com's offering. The Dried Fruit Market grew from USD 10.98 billion in 2023 to USD 11.60 billion in 2024. It is expected to continue growing at a CAGR of 5.70%, reaching USD 16.20 billion by 2030. This preservation process helps extend the shelf life of the fruits and concentrates their flavor, sweetness, and nutrients. Increasing health consciousness among consumers who seek nutritious snack alternatives, rising disposable incomes leading to higher spending on premium products, and expanding retail channels such as supermarkets & hypermarkets offering convenience in purchase drive the market growth. globenewswire.com - 2 months ago
FIGS, Inc. (FIGS) Q2 2024 Earnings Call Transcript FIGS, Inc. (NYSE:FIGS ) Q2 2024 Earnings Call August 8, 2024 5:00 PM ET Company Participants Todd Maron - Investor Relations Trina Spear - Co-Founder and Chief Executive Officer Kevin Fosty - Interim Chief Financial Officer Conference Call Participants Brooke Roach - Goldman Sachs Bob Drbul - Guggenheim Dana Telsey - Telsey Group Adrienne Yih - Barclays Rakesh Patel - Raymond James Chandana Madaka - KeyBanc Matt Koranda - Roth Capital Partners Nathan Feather - Morgan Stanley John Kernan - TD Cowen Brian Nagel - Oppenheimer Operator Good afternoon. Thank you for joining today's FIGS Second Quarter and Fiscal 2024 Earnings Conference Call. seekingalpha.com - 3 months ago
Why Figs Stock Was Tumbling Today Figs reported another round of sluggish growth. Margins fell due to a shift in product mix and increased marketing expenses. fool.com - 3 months ago
8. Profile Summary

FIGS, Inc. FIGS

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COUNTRY US
INDUSTRY Apparel - Manufacturers
MARKET CAP $ 795 M
Dividend Yield 0.00%
Description 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.
Contact 2834 Colorado Avenue, Santa Monica, CA, 90404 https://www.wearfigs.com
IPO Date May 27, 2021
Employees 343
Officers Mr. Steve Berube Chief Operating Officer Mr. Mark Bixby Chief Technology Officer Mr. Todd A. Maron Chief Legal Officer & Secretary Ms. Jami Pinto Chief Global Product & Sustainability Officer Ms. Devon Duff Gago Chief Business Development Officer Ms. Catherine Eva Spear Co-Founder, Chief Executive Officer & Director Ms. Heather L. Hasson Co-Founder & Executive Chairman