FitLife Brands (NASDAQ:FTLF – Get Free Report) was downgraded by equities research analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a report released on Wednesday, Zacks reports.
Separately, Weiss Ratings lowered FitLife Brands from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. One analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $18.00.
Get Our Latest Report on FitLife Brands
FitLife Brands Stock Performance
Shares of FTLF stock opened at $8.00 on Wednesday. The firm has a market cap of $75.12 million, a price-to-earnings ratio of 12.82 and a beta of 0.08. FitLife Brands has a 52-week low of $7.66 and a 52-week high of $19.60. The company has a quick ratio of 0.45, a current ratio of 1.46 and a debt-to-equity ratio of 0.67. The company’s 50 day moving average is $8.98 and its 200 day moving average is $11.07.
FitLife Brands (NASDAQ:FTLF – Get Free Report) last posted its earnings results on Thursday, August 13th. The company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.02. The company had revenue of $26.55 million during the quarter. FitLife Brands had a return on equity of 18.10% and a net margin of 6.15%. On average, sell-side analysts anticipate that FitLife Brands will post 0.87 EPS for the current fiscal year.
About FitLife Brands
FitLife Brands, Inc is a developer, marketer and distributor of nutritional supplements and related health products. The company focuses on products for sports nutrition, weight management, general wellness and active lifestyles, serving consumers seeking dietary supplements for performance, fitness and health support.
FitLife markets products through a portfolio of brands that has included NDS Nutrition, iSatori and PMD Sports, among others. Its offerings include protein and performance supplements, pre-workout and recovery formulas, weight-management products, vitamins and other specialty nutritional products.
The company sells its products primarily through e-commerce channels, specialty retailers, distributors and other direct-to-consumer outlets.
Further Reading
- Five stocks we like better than FitLife Brands
- GE Aerospace Has a $170 Billion Backlog, But Is the Stock Worth the Premium?
- Google’s Credit Backstop May Be TeraWulf’s Biggest Advantage
- Could the Midterms Revive Medicare for All? 3 Healthcare Stocks to Watch
- Qualcomm Beat Earnings, But Its Fastest-Growing Businesses Have a Catch
Receive News & Ratings for FitLife Brands Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for FitLife Brands and related companies with MarketBeat.com's FREE daily email newsletter.
