FitLife Brands (NASDAQ:FTLF) Releases Earnings Results, Misses Expectations By $0.01 EPS

FitLife Brands (NASDAQ:FTLF) issued its quarterly earnings data on Thursday. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by ($0.01), RTT News reports. FitLife Brands had a return on equity of 28.03% and a net margin of 13.38%.

FitLife Brands Stock Performance

Shares of FTLF traded down $0.88 during mid-day trading on Thursday, reaching $13.04. 15,888 shares of the company’s stock traded hands, compared to its average volume of 17,076. FitLife Brands has a 12 month low of $11.51 and a 12 month high of $17.75. The stock has a market capitalization of $120.10 million, a P/E ratio of 15.43 and a beta of 0.95. The business’s 50-day moving average price is $14.94 and its 200-day moving average price is $15.76. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.64 and a current ratio of 1.50.

Analysts Set New Price Targets

Separately, Lake Street Capital assumed coverage on FitLife Brands in a report on Monday, March 17th. They issued a “buy” rating and a $21.00 price target for the company.

FitLife Brands Company Profile

FitLife Brands, Inc provides nutritional supplements for health-conscious consumers in the United States and internationally. The company provides weight loss, sports nutrition, and general health products; sports nutrition products; weight loss and sports nutrition products; sports nutrition and general wellness formulations with an emphasis on natural, vegan, and organic ingredients; and male health and weight loss products, as well as other diet, health, and sports nutrition supplements and related products; and value-oriented sports nutrition and weight loss products.