FGI Industries Ltd. (NASDAQ:FGI) Forecasted to Earn Q1 2024 Earnings of ($0.02) Per Share

FGI Industries Ltd. (NASDAQ:FGI) – Stock analysts at Northland Capmk issued their Q1 2024 earnings per share (EPS) estimates for FGI Industries in a research report issued on Friday, March 22nd. Northland Capmk analyst G. Gibas forecasts that the company will earn ($0.02) per share for the quarter. The consensus estimate for FGI Industries’ current full-year earnings is $0.08 per share. Northland Capmk also issued estimates for FGI Industries’ Q2 2024 earnings at $0.04 EPS, Q3 2024 earnings at $0.03 EPS, Q4 2024 earnings at $0.02 EPS and FY2024 earnings at $0.08 EPS.

FGI Industries Trading Down 0.7 %

Shares of FGI opened at $1.49 on Monday. FGI Industries has a 52 week low of $1.26 and a 52 week high of $2.27. The stock has a fifty day moving average of $1.57 and a 200-day moving average of $1.52.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of FGI. Perritt Capital Management Inc. acquired a new stake in FGI Industries in the fourth quarter valued at $94,000. Jane Street Group LLC acquired a new stake in FGI Industries in the first quarter valued at $72,000. Citadel Advisors LLC acquired a new stake in FGI Industries in the third quarter valued at $59,000. Finally, Vanguard Group Inc. acquired a new stake in FGI Industries in the first quarter valued at $43,000.

About FGI Industries

FGI Industries ltd. supplies kitchen and bath products in the United States, Canada, and Europe. 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.