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How to Buy Figs Stock

Figs Inc

Figs is a apparel manufacturing company located in California, United States, which is part of the Consumer Cyclical sector, and is traded under the ticker FIGS on the NYSE exchange.

Figs stock last closed at $4.97, up 3.54% from the previous day, and has decreased 17.44% in one year. It has underperformed other stocks in the Apparel Manufacturing industry by 0.43 percentage points. Figs stock is currently +5.07% from its 52-week low of $4.73, and -43.78% from its 52-week high of $8.84.

As of Mar 27, 2024, there are 169.91M FIGS shares outstanding. The market value of FIGS is $844.46M. In the last 24 hours, 3.09M FIGS shares were traded.

How to Buy Figs Stock

Wondering how to invest in Figs stock? Here's how.
  1. Figure out where to buy Figs stock: You need to pick a stock brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Figs stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
  3. Put funds into your investment account: Pick your method of payment and add your information.
  4. Evaluate Figs stock: The Figs ticker symbol is FIGS. Is Figs stock a good investment? Should you buy shares of FIGS? How do FIGS's underlying business fundamentals look? Do top analysts think Figs is a good buy? Why has FIGS's stock price moved recently? (Hint: Our stock market analysis website can help you decide if FIGS is a good stock to buy).
  5. Execute your FIGS buy order: Decide if you will purchase FIGS shares at the current market price or use a limit order to purchase FIGS shares at a specific price.
  6. Get notifications regarding your investment in FIGS: Create a watchlist to get live updates on your new investment in Figs stock.

Step 1: Figure out where to buy Figs stock

You need a brokerage account to access the NYSE market and buy FIGS shares.

A brokerage account is an investment account that allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our analysis, eToro is the best brokerage. eToro gives you:

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  • Social investing: eToro has a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
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Step 2: Sign up for your brokerage account

Now that you've picked the right brokerage, you need to fill out some personal information so you can invest in FIGS stock today.

How to Open a New Brokerage Account on eToro

  1. Click here to get started.
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  2. Enter your personal data to start your new trading account.
  1. Send your details by pressing the "Create Account" button.
  2. Get started with eToro today
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Step 3: Put funds into your investment account

Now that you have finished signing up on apps for stocks, your next step is to transfer the money for your investment:

Check out the walkthrough below if you need help transferring money into your new brokerage account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Evaluate Figs stock

Once you have decided on the best place to buy Figs stock, it's crucial to analyze their stock before you invest, so you can wrap your head around the risk and upside.

Figs quick stats

FIGS Price
$4.97
1w %
0%
1y %
-17.44%
5y %
N/A
P/E
38.23x
P/B
2.24x
P/S
1.53x
PEG
0.55x
Revenue
$545.65M
Earnings
$22.64M
Fore. Rev. Growth
3.65%
Fore. Earn. Growth
70.12%
Market Cap
$844.46M
Next Earnings
May 9, 2024
Next Dividend
N/A

Figs Due Diligence Checks

WallStreetZen was designed to help part-time investors do more accurate fundamental analysis in less time.

You can view all of the due diligence checks on FIGS's stock page.

Is FIGS stock undervalued or overvalued?

You can use a variety of different financial metrics, analyses, models, and charts to gauge FIGS's true value.

Using relative valuations methods:

  • FIGS could be overvalued based on its P/E ratio of 38.23x, relative to Apparel Manufacturing industry P/E ratio of 13.4x
  • FIGS could be undervalued based on its P/B ratio of 2.24x, relative to Apparel Manufacturing industry P/B ratio of 2.72x
  • FIGS may be undervalued based on its PEG ratio of 0.55x

You can access more valuation research on FIGS's stock here.

A quick look at FIGS Financials

Pros:

  • FIGS's operating cash flow of $100.92M allows it to safely service it's debt of $47.11M.
  • FIGS has a low debt to equity ratio of 0.26.
  • There are more short-term assets than short-term liabilities on the FIGS balance sheet.
  • There are more short-term assets than long-term liabilities on the FIGS balance sheet.
  • FIGS earnings of $34.03M is not sufficient to cover its interest payments.

Cons:

  • FIGS profit margin has gone down from 4.2% to 4.1% in the past year.

Do Wall Street analysts think it's a good time to buy FIGS stock

Out of 3 Equities analysts who monitor FIGS, the consensus analyst rating on Figs is a Sell

Please note that analyst ratings are not recommendations, nor are they investment advice.

You can dig deeper into what analysts are forecasting on the Figs stock forecast page.

Metrics for Advanced FIGS Traders

SMA10
4.92
SMA20
5.15
SMA50
5.68
SMA100
6.24
SMA200
6.48
MACD
-0.27
MACD Signal
-0.27
MACD Histogram
0
RSI
40.51
Stochastic %K
10.36
Stochastic %D
9.9
StochRSI %K
25.17
StochRSI %D
14.9

How are FIGS Revenues/Earnings doing?

Last year, FIGS earnings were $22.64M. Over the last 3 year, FIGS's earnings have gone up by -84.05% per year. This was slower than the Apparel Manufacturing industry average of 1.13%.

Last year, FIGS revenue was $545.65M. In the last four year, FIGS's revenue has grown by 49.07% per year. This was faster than the Apparel Manufacturing industry average of 2.88%.

You can analyze FIGS's earnings and revenue performance here.

Are FIGS insiders buying or selling the stock?

In the last year, insiders at FIGS have sold more shares than they have bought.

Heather L. Hasson, Executive Chair of FIGS, was the latest FIGS insider to sell. They sold $10,099.49 worth of FIGS stock on Mar 5, 2024.

Learn more about who owns FIGS stock here.

Does FIGS stock generate passive income?

No, Figs doesn't provide an income stream by paying out dividends.

What do other traders have to say about FIGS?

One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.

Click below to see what other investors have to say.

Step 5: Execute your FIGS buy order

There are two primary options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price limit, use a limit order.

Click the Open Trade button and your broker will place the order.

If you want additional help with investing in stocks on eToro, watch the how to video below:

Open eToro Account

Step 6: Get notifications regarding your investment in FIGS

Now that you own some shares in FIGS, you'll want to keep up with your new investment.

Put FIGS on a watchlist to get notified of the latest news about your FIGS stock.

FIGS Feed

How to Buy Stock in Figs

To summarize, here are the 6 steps to buy stock in Figs:

  1. Figure out where to buy Figs stock
  2. Sign up for your brokerage account
  3. Put funds into your investment account
  4. Evaluate Figs stock
  5. Execute your FIGS buy order
  6. Get notifications regarding your investment in FIGS

If you need a place to buy stocks, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to keep an eye on your investment in Figs, create a watchlist today.

NYSE: FIGS
$4.97+0.17 (+3.54%)
Updated Mar 27, 2024
Open eToro Account
NYSE: FIGS
$4.97+0.17 (+3.54%)
Updated Mar 27, 2024
Open eToro Account

FAQ

How much does it cost to buy one Figs share?

As of Mar 27, 2024, it costs $4.97 to buy one share of Figs stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.402 shares of FIGS.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Figs stock?

According to 3 Wall Street analysts who monitor Figs, their consensus recommendation is to sell Figs stock.

What is the best way to buy Figs stock?

One way to place an order for Figs stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.