What Makes Figs (FIGS) a Strong Momentum Stock: Buy Now?
FIGSFIGS(US:FIGS) ZACKS·2025-12-01 18:01

Core Insights - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] - FIGS currently holds a Momentum Style Score of A, indicating strong momentum characteristics, supported by price changes and earnings estimate revisions [2][3] - The Zacks Rank for FIGS is 1 (Strong Buy), suggesting that stocks with this rating and a Style Score of A or B tend to outperform the market in the following month [3] Price Performance - Over the past week, FIGS shares increased by 4.76%, while the Zacks Retail - Apparel and Shoes industry declined by 2.48% [5] - In a longer timeframe, FIGS shares have risen by 31.23% over the past month, compared to the industry's 2.67% [5] - Over the last quarter, FIGS shares increased by 42.09%, and over the past year, they gained 88.63%, significantly outperforming the S&P 500, which moved 5.63% and 15.42% respectively [6] Trading Volume - The average 20-day trading volume for FIGS is 2,717,072 shares, indicating a bullish sign as rising stocks with above-average volume are generally viewed positively [7] Earnings Outlook - In the past two months, five earnings estimates for FIGS have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $0.06 to $0.10 [9] - For the next fiscal year, five estimates have also moved higher without any downward revisions [9] Conclusion - Given the strong momentum indicators and positive earnings outlook, FIGS is positioned as a 1 (Strong Buy) stock with a Momentum Score of A, making it a compelling investment opportunity [10]