How to Buy Fgi Industries Stock
Fgi Industries Ltd
FGI Industries ltd. supplies kitchen and bath products in the United States, Canada, and Europe.
Fgi Industries stock last closed at $1.56, up 0% from the previous day, and has decreased 26.42% in one year. It has underperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.31 percentage points. Fgi Industries stock is currently +9.7% from its 52-week low of $1.42, and -49.84% from its 52-week high of $3.11.
At the moment, there are 9.5M FGI shares outstanding. The market cap of FGI is $14.82M. In the last 24 hours, 245 FGI shares were traded.
How to Buy Fgi Industries Stock
Wondering how to invest in Fgi Industries stock? Here's how.
- Figure out where to buy Fgi Industries stock: You need to pick an online brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you determine where to buy Fgi Industries stock.
- Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Select your method of payment and add your information.
- Evaluate Fgi Industries stock: The Fgi Industries ticker symbol is FGI. Is Fgi Industries stock a good investment? Should you buy shares of FGI? How do FGI's underlying business fundamentals look? Do top analysts think Fgi Industries is a good buy? Why has FGI's stock price moved recently? (Hint: Our stock market research tools can help you evaluate if FGI is a good stock to buy).
- Execute your FGI purchase: Decide if you will purchase FGI shares at the current market price or use a limit order to purchase FGI stock at a specific price.
- Get the latest news on your FGI investment: Create a watchlist to important updates regarding your new investment in Fgi Industries stock.
Step 1: Figure out where to buy Fgi Industries stock
You will need an online brokerage account in order to access the NASDAQ market and buy FGI shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open a brokerage account
Now that you've picked the best brokerage, you need to fill out some personal information so you can buy FGI today.
How to Create a New Brokerage Account on eToro
- Click here to get started.
- Provide your personal details to start your new brokerage account.
- Submit your data by clicking the "Create Account" button.
Step 3: Put funds into your investment account
Now that you've opened your account on the best beginner stock app, your next step is to transfer the money for your investment:
Watch the video below to see the process of depositing money into your investment account.
Step 4: Evaluate Fgi Industries stock
Once you have chosen the best place to buy Fgi Industries stock, it's absolutely critical to research their stock before you buy, so you can wrap your head around the risk and upside.
Overview of key FGI info
FGI Due Diligence Checks
WallStreetZen was built to help part-time investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on FGI's stock page.
Is FGI stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge FGI's true value.
Using relative valuations metrics:
- FGI could be overvalued based on its P/E ratio of 8.67x, relative to Furnishings Fixtures & Appliances industry P/E ratio of 3.9x
- FGI may be undervalued based on its P/B ratio of 0.65x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 1.85x
You can access additional valuation analysis on FGI's stock here.
FGI Financial Health Overview
Positive Financial Indicators:
- There are more short-term assets than short-term liabilities on the FGI balance sheet.
- There are more short-term assets than long-term liabilities on the FGI balance sheet.
- FGI's operating cash flow of $12.96M allows it to safely service it's debt of $23.54M.
Negative Financial Indicators:
- FGI profit margin has gone down from 2.1% to 1.4% in the past year.
- FGI earnings of $3.24M is not sufficient to cover its interest payments.
- FGI has a relatively high debt to equity ratio of 1.82.
Is FGI stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 2 Wall Street analysts who give forecasts on FGI, the consensus analyst rating on FGI is a Buy
Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.
Most Recent FGI Analyst Forecasts
Reuben Garner, a top 6% analyst from Benchmark maintains FGI with a buy rating and lowers their FGI price target from $5.00 to $4.00, on Aug 15, 2023.
Greg Gibas, a bottom 7% analyst from Northland Securities maintains FGI with a buy rating and lowers their FGI price target from $5.00 to $4.00, on Mar 29, 2023.
You can dig deeper into what analysts are forecasting on the Fgi Industries stock forecast page.
FGI Momentum
FGI Performance Numbers
Last year, FGI earnings were $1.76M. During the past 2 year, FGI's earnings have grown by -64.89% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 5.54%.
Last year, FGI revenue was $126.69M. Over the past 2 year, FGI's revenue has grown by -8.18% per year. This was slower than the Furnishings Fixtures & Appliances industry average of 4.53%.
Find out more about FGI's earnings and revenue performance here.
Are FGI insiders buying or selling the stock?
In the last 12 months, executives and large shareholders at FGI have bought more shares than they have sold.
Todd M. Heysse, Director of FGI, was the latest FGI insider to buy. They bought $3,809.00 worth of FGI stock on Nov 2, 2022.
Get more info about who owns FGI shares here.
Does FGI provide a stable income stream?
No, Fgi Industries doesn't provide an income stream by paying out dividends.
What do other traders have to say about FGI?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Execute your FGI purchase
You have two main types of orders:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a particular dollar amount limit, place a limit order.
Click the Open button and eToro will place your order.
If you require additional assistance investing in stocks on eToro, click the helpful video below:
Step 6: Get the latest news on your FGI investment
Now that you own some FGI stock, you'll want to keep up with your new investment.
Add FGI to a watchlist to see the latest developments about your FGI stock.
FGI Feed
How to Buy Stock in Fgi Industries
To summarize, here are the 6 steps for buying Fgi Industries stock:
- Figure out where to buy Fgi Industries stock
- Open a brokerage account
- Put funds into your investment account
- Evaluate Fgi Industries stock
- Execute your FGI purchase
- Get the latest news on your FGI investment
If you are looking for a place to buy stocks, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Fgi Industries, add FGI to your watchlist by clicking the button below.
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