<div id="readability-page-1"><p>FIGS, Inc. (NYSE:FIGS - Get Free Report)'s share price traded up 6.4% during mid-day trading on Tuesday after Zacks Research upgraded the stock from a hold rating to a strong-buy rating. The stock traded as high as $9.33 and last traded at $9.3950. 436,997 shares were traded  during trading, a decline of 78% from the average session volume of 2,020,238 shares. The stock had previously closed at $8.83.</p><ul><li>MarketBeat ‘Stock of the Week’: FIGS has healthy growth prospects</li></ul><p>FIGS has been the subject of several other reports. Barclays increased their price objective on shares of FIGS from $7.00 to $9.00 and gave the stock an &#34;equal weight&#34; rating in a research report on Monday. The Goldman Sachs Group increased their price target on FIGS from $5.00 to $5.50 and gave the stock a &#34;sell&#34; rating in a report on Friday. Telsey Advisory Group  reissued a &#34;market perform&#34; rating and issued a $9.00 price objective (up from $7.00) on shares of FIGS in a research note on Monday, November 3rd. Wall Street Zen upgraded FIGS from a &#34;buy&#34; rating to a &#34;strong-buy&#34; rating in a research report on Sunday, October 12th. Finally, Cowen  reiterated a &#34;hold&#34; rating on shares of FIGS in a report on Friday, August 8th. One equities research analyst  has rated the stock with a Strong Buy rating, one  has assigned  a Buy rating, five have assigned  a Hold rating and one  has given a Sell rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of &#34;Hold&#34; and a consensus target price of $7.70.</p><p><b>Read Our Latest Analysis on FIGS</b></p><h2>Insider Activity at FIGS</h2><p>In related news, insider Heather L. Hasson sold 23,356 shares of the business's stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $7.39, for a total value of $172,600.84. Following the completion of the sale, the insider directly owned 1,274,841 shares of the company's stock, valued at $9,421,074.99. The trade was a 1.80% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Catherine Eva Spear sold 62,213 shares of the stock in a transaction that occurred on Thursday, October 2nd. The stock was sold at an average price of $6.88, for a total value of $428,025.44. Following the completion of the transaction, the chief executive officer owned 1,907,033 shares in the company, valued at approximately $13,120,387.04. The trade was a 3.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 184,148 shares of company stock valued at $1,295,234 in the last three months. Corporate insiders own  29.44% of the company's stock. </p><h2>Institutional Trading of FIGS</h2><p>Several hedge funds have recently bought and sold shares of FIGS. Farther Finance Advisors LLC raised its holdings in shares of  FIGS by 12,795.0% in the 2nd quarter. Farther Finance Advisors LLC now owns 5,158 shares of the company's stock worth $29,000 after acquiring an additional 5,118 shares during the last quarter.  Russell Investments Group Ltd. bought a new stake in  FIGS during the 1st quarter worth approximately $334,000.  Blueshift Asset Management LLC bought a new stake in  FIGS during the 1st quarter worth approximately $700,000.  Charles Schwab Investment Management Inc. raised its stake in shares of  FIGS by 11.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,043,970 shares of the company's stock worth $4,792,000 after purchasing an additional 108,788 shares during the last quarter.  Finally, Nuveen LLC bought a new position in shares of  FIGS in the first quarter valued at approximately $958,000. Institutional investors and hedge funds own  92.21% of the company's stock. </p><h2>FIGS Price Performance</h2><p>The company has a market cap of $1.52 billion, a P/E ratio of 93.35, a price-to-earnings-growth ratio of 3.95 and a beta of 1.34. The stock has a fifty day moving average price of $7.33 and a two-hundred day moving average price of $6.22. </p><p>FIGS (NYSE:FIGS - Get Free Report) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.05 EPS for the quarter, beating analysts' consensus estimates of $0.02 by $0.03. FIGS had a return on equity of 4.58% and a net margin of 3.03%.The business had revenue of $151.66 million during the quarter, compared to analyst estimates of $142.39 million. During the same period in the prior year, the firm posted ($0.01) EPS. FIGS's quarterly revenue was up 8.2% compared to the same quarter last year.  FIGS has set its FY 2025 guidance at  EPS. Equities analysts predict that  FIGS, Inc. will post 0.01 earnings per share for the current fiscal year. </p><h2>About FIGS</h2> (Get Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than FIGS</li><li>Compound Interest and Why It Matters When Investing</li><li>ServiceNow's AI Efficiency Push Has Analysts Targeting Big Gains</li><li>Want to Profit on the Downtrend? Downtrends, Explained.</li><li>Microsoft and IREN’s $9.7B AI Deal Could Spark MSFT Stock Rally</li><li>Best Stocks Under $10.00 </li><li>Datavault AI's 314% Upside: Huge Potential or Wall Street Mirage?</li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in FIGS Right Now?</h2><p>Before you consider FIGS, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and FIGS wasn't on the list.</p><p>While FIGS currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

FIGS

<p>FIGS, Inc. (NYSE:FIGS) saw its stock price rise by 6.4% after Zacks Research upgraded it from a hold to a strong-buy rating. The stock reached a high of $9.33, closing at $9.3950. Analysts have varied opinions, with Barclays raising its price target to $9.00 and Goldman Sachs to $5.50. The company reported a quarterly EPS of $0.05, exceeding estimates, with revenue of $151.66 million, an 8.2% increase year-over-year. Insiders have sold shares recently, and institutional investors hold 92.21% of the stock.</p>

FIGS (NYSE:FIGS) Stock Price Up 6.4% Following Analyst Upgrade