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. It also offers sports bras, performance leggings, tops, super-soft pima cotton tops, vests, fleeces, and jackets; necessities, scrub caps, lanyards, badge reels, tote bags, baseball caps, and beanies. The company markets and sells its products to healthcare professionals through its direct-to-consumer digital platform comprising website, mobile app, and B2B business, as well as retail store. FIGS, Inc. was founded in 2013 and is headquartered in Santa Monica, California. FIGS, Inc.
Revenue Resilience | FIGS demonstrates strong sales performance, beating expectations and raising FY24 guidance despite challenges in the specialty retail secto |
Margin Pressures | Explore FIGS's struggle with profitability as product mix issues and increased marketing expenses impact gross margins and EBITDA projections |
Brand Building Bet | Delve into FIGS's strategic pivot towards aggressive marketing, including a major Q3 2024 campaign aimed at long-term growth and market positioning |
Analyst Outlook | Barclays maintains an Equal Weight rating with a $5.00 price target, reflecting a cautious stance on FIGS's ability to balance growth and profitability |
Metrics to compare | FIGS | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipFIGSPeersSector | |
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P/E Ratio | 97.8x | −0.7x | 10.8x | |
PEG Ratio | −2.12 | −0.01 | 0.02 | |
Price/Book | 2.6x | 0.2x | 1.4x | |
Price / LTM Sales | 1.9x | 0.5x | 0.9x | |
Upside (Analyst Target) | 7.2% | 34.8% | 19.0% | |
Fair Value Upside | Unlock | 4.9% | 6.4% | Unlock |