Zacks Research downgraded shares of FitLife Brands (NASDAQ:FTLF – Free Report) from a strong-buy rating to a hold rating in a report published on Wednesday morning,Zacks reports.
Separately, Weiss Ratings cut FitLife Brands from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, October 2nd. One investment analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $18.00.
Check Out Our Latest Research Report on FitLife Brands
FitLife Brands Stock Performance
NASDAQ FTLF opened at $8.00 on Wednesday. FitLife Brands has a 1-year low of $7.66 and a 1-year high of $19.60. The company has a market capitalization of $75.12 million, a P/E ratio of 12.82 and a beta of 0.08. The business has a 50 day moving average price of $8.98 and a 200 day moving average price of $11.07. The company has a debt-to-equity ratio of 0.67, a current ratio of 1.46 and a quick ratio of 0.45.
FitLife Brands (NASDAQ:FTLF – Get Free Report) last issued its quarterly earnings data on Thursday, August 13th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.02. The firm 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%. Sell-side analysts expect that FitLife Brands will post 0.87 EPS for the current fiscal year.
FitLife Brands Company Profile
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.
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