FGI Industries (NASDAQ:FGI) Lowered to Moderate Buy Rating by Benchmark

Benchmark lowered shares of FGI Industries (NASDAQ:FGI) from a strong-buy rating to a moderate buy rating in a research report report published on Friday morning,Zacks.com reports.

Other analysts have also recently issued research reports about the stock. UBS Group set a $13.00 target price on shares of FGI Industries in a research note on Friday. Weiss Ratings reiterated a “sell (d-)” rating on shares of FGI Industries in a research note on Wednesday, June 24th. Wall Street Zen cut FGI Industries from a “hold” rating to a “sell” rating in a research note on Sunday, July 12th. Finally, Zacks Research downgraded FGI Industries from a “strong-buy” rating to a “hold” rating in a report on Friday, June 12th. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $13.00.

FGI Industries Trading Down 14.8%

Shares of NASDAQ FGI opened at $9.99 on Friday. The company has a market cap of $19.28 million, a price-to-earnings ratio of -4.80 and a beta of 2.20. FGI Industries has a 12 month low of $3.14 and a 12 month high of $19.93. The stock has a 50-day moving average price of $4.87 and a two-hundred day moving average price of $5.24.

FGI Industries (NASDAQ:FGI) last posted its quarterly earnings results on Wednesday, August 12th. The company reported $0.60 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.50. The company had revenue of $31.89 million for the quarter, compared to the consensus estimate of $33.85 million. FGI Industries had a negative net margin of 3.07% and a positive return on equity of 9.85%. On average, sell-side analysts predict that FGI Industries will post -0.61 earnings per share for the current year.

FGI Industries News Summary

Here are the key news stories impacting FGI Industries this week:

• Positive Sentiment: FGI reported second-quarter adjusted earnings of $0.60 per share, significantly exceeding analyst estimates, which ranged from $0.10 to a loss of $0.23 per share. The earnings surprise likely supported buying interest. FGI Industries Beats Q2 Earnings Estimates
• Positive Sentiment: Management provided fiscal 2026 revenue guidance of $134 million to $141 million, a range that surrounds the roughly $135.4 million consensus estimate and indicates expectations for continued annual revenue. FGI Industries Announces Second Quarter 2026 Results
• Neutral Sentiment: Trading in FGI was paused repeatedly under exchange “Limit Up-Limit Down” rules on August 13. These pauses signal exceptional intraday volatility and can amplify price swings, but they do not by themselves indicate a change in the company’s fundamentals.
• Negative Sentiment: Second-quarter revenue was $31.89 million, below the $33.85 million analyst forecast. The company also recorded a negative net margin of 3.07%, while full-year analyst projections still call for a loss, tempering the positive impact of the earnings beat. FGI Industries Q2 2026 Earnings Call Transcript

FGI Industries Company Profile

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.