FitLife Brands (NASDAQ:FTLF – Get Free Report) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Wednesday, Zacks reports.
Separately, Weiss Ratings downgraded 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 given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average price target of $18.00.
Get Our Latest Analysis on FTLF
FitLife Brands Trading Down 2.2%
Shares of FTLF opened at $8.00 on Wednesday. The stock has a fifty day moving average of $8.98 and a two-hundred day moving average of $11.07. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.45 and a current ratio of 1.46. The company has a market capitalization of $75.12 million, a PE ratio of 10.10 and a beta of 0.08. FitLife Brands has a fifty-two week low of $7.66 and a fifty-two week high of $19.60.
FitLife Brands (NASDAQ:FTLF – Get Free Report) last posted 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 business had revenue of $26.55 million for the quarter. FitLife Brands had a return on equity of 18.10% and a net margin of 6.15%. As a group, analysts forecast that FitLife Brands will post 0.87 EPS for the current 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.
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