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NASDAQ:FGI

FGI Industries (FGI) Stock Price, News & Analysis

FGI Industries logo
$1.03
-0.01 (-0.96%)
(As of 12:50 PM ET)

About FGI Industries Stock (NASDAQ:FGI)

Key Stats

Today's Range
$1.00
$1.04
50-Day Range
$0.72
$1.04
52-Week Range
$0.70
$1.85
Volume
6,427 shs
Average Volume
19,981 shs
Market Capitalization
$9.85 million
P/E Ratio
14.71
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

FGI Industries ltd. supplies kitchen and bath products in the United States, Canada, Europe, and internationally. The company sells sanitaryware products, such as toilets, sinks, pedestals, and toilet seats; wood and wood-substitute furniture for bathrooms, including vanities, mirrors, laundry, medicine cabinets, and other storage systems; shower systems; and customer kitchen cabinetry and other accessory items under the Foremost, avenue, contrac, Jetcoat, rosenberg, and Covered Bridge Cabinetry brand names. It sells its products through home center retailers, online retailers, distributors, and independent dealers. The company was incorporated in 2021 and is headquartered in East Hanover, New Jersey. FGI Industries Ltd. is a subsidiary of Foremost Groups Ltd.

FGI Industries Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
22nd Percentile Overall Score

FGI MarketRank™: 

FGI Industries scored higher than 22% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of FGI Industries is 14.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 131.14.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of FGI Industries is 14.71, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 114.44.

  • Price to Book Value per Share Ratio

    FGI Industries has a P/B Ratio of 0.41. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about FGI Industries' valuation and earnings.
  • Percentage of Shares Shorted

    2.06% of the float of FGI Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    FGI Industries has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in FGI Industries has recently decreased by 12.11%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    FGI Industries does not currently pay a dividend.

  • Dividend Growth

    FGI Industries does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    2.06% of the float of FGI Industries has been sold short.
  • Short Interest Ratio / Days to Cover

    FGI Industries has a short interest ratio ("days to cover") of 4.1.
  • Change versus previous month

    Short interest in FGI Industries has recently decreased by 12.11%, indicating that investor sentiment is improving significantly.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for FGI Industries this week, compared to 1 article on an average week.
  • Search Interest

    1 people have searched for FGI on MarketBeat in the last 30 days.
  • MarketBeat Follows

    1 people have added FGI Industries to their MarketBeat watchlist in the last 30 days.
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FGI Stock News Headlines

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FGI Stock Analysis - Frequently Asked Questions

FGI Industries' stock was trading at $1.64 at the beginning of 2024. Since then, FGI shares have decreased by 37.2% and is now trading at $1.03.
View the best growth stocks for 2024 here
.

FGI Industries Ltd. (NASDAQ:FGI) issued its quarterly earnings results on Wednesday, August, 7th. The company reported $0.01 earnings per share for the quarter, missing analysts' consensus estimates of $0.03 by $0.02. The firm earned $29.37 million during the quarter, compared to analysts' expectations of $31.30 million. FGI Industries had a trailing twelve-month return on equity of 2.67% and a net margin of 0.51%.

FGI Industries (FGI) raised $18 million in an initial public offering on Tuesday, January 25th 2022. The company issued 2,500,000 shares at a price of $6.00-$8.00 per share. The Benchmark Company and Northland Capital Markets served as the underwriters for the IPO.

Shares of FGI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that FGI Industries investors own include NVIDIA (NVDA), Broadcom (AVGO), Adobe (ADBE), Arista Networks (ANET), Jabil (JBL), AppLovin (APP) and CrowdStrike (CRWD).

Company Calendar

Last Earnings
8/07/2024
Today
11/04/2024
Next Earnings (Confirmed)
11/11/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Heating equipment, except electric & warm air; & plumbing fixtures
Sub-Industry
Construction Materials
Current Symbol
NASDAQ:FGI
Fax
N/A
Employees
140
Year Founded
N/A

Profitability

Net Income
$730,000.00
Pretax Margin
0.45%

Debt

Sales & Book Value

Annual Sales
$117.24 million
Cash Flow
$0.35 per share
Book Value
$2.53 per share

Miscellaneous

Free Float
9,210,000
Market Cap
$9.94 million
Optionable
Not Optionable
Beta
1.32
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This page (NASDAQ:FGI) was last updated on 11/4/2024 by MarketBeat.com Staff
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