FitLife Brands (NASDAQ:FTLF – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.21 earnings per share 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 Price Performance
NASDAQ:FTLF opened at $12.97 on Friday. The business’s 50-day moving average is $14.88 and its 200 day moving average is $15.74. FitLife Brands has a 12 month low of $11.51 and a 12 month high of $17.75. The company has a market capitalization of $119.45 million, a P/E ratio of 15.35 and a beta of 0.95. The company has a current ratio of 1.50, a quick ratio of 0.64 and a debt-to-equity ratio of 0.28.
Analysts Set New Price Targets
Separately, Lake Street Capital initiated coverage on shares of FitLife Brands in a research report on Monday, March 17th. They set a “buy” rating and a $21.00 target price for the company.
About FitLife Brands
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.
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