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Fitbit, Inc. (FIT)

Stock Price: $6.33 USD -0.01 (-0.16%)
Updated Aug 12, 2020 4:00 PM EDT - Market closed
After-hours: $6.32 -0.01 (-0.16%) Aug 12, 5:26 PM

Stock Price Chart

Key Info

Market Cap 1.72B
Revenue (ttm) 1.30B
Net Income (ttm) -256.53M
Shares Out 242.13M
EPS (ttm) -0.98
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 12, 2020
Last Price $6.33
Previous Close $6.34
Change ($) -0.01
Change (%) -0.16%
Day's Open 6.33
Day's Range 6.31 - 6.37
Day's Volume 3,389,171
52-Week Range 2.81 - 7.26

More Stats

Market Cap 1.72B
Enterprise Value 1.35B
Earnings Date (est) Oct 28, 2020
Ex-Dividend Date n/a
Shares Outstanding 242.13M
Float 241.06M
EPS (basic) -0.98
EPS (diluted) -0.98
FCF / Share -0.36
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 57.02M
Short Ratio 7.24
Short % of Float 23.66%
Beta 0.97
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 1.32
PB Ratio 4.06
Revenue 1.30B
Operating Income -384.07M
Net Income -256.53M
Free Cash Flow -96.48M
Net Cash 365.13M
Net Cash / Share 1.35
Gross Margin 32.93%
Operating Margin -29.57%
Profit Margin -19.80%
FCF Margin -7.43%
ROA -19.69%
ROE -48.59%
ROIC n/a
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (6)

Buy 0
Overweight 0
Hold 6
Underweight 0
Sell 0

Analyst Consensus: Hold

Price Target

$7.35*
(16.11% upside)
Low
7.35
Current: $6.33
High
7.35
Target: 7.35
*Average 12-month price target from 4 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year20192018201720162015201420132012
Revenue1,4351,5121,6162,1691,85874527176.37
Revenue Growth-5.11%-6.41%-25.53%16.76%149.25%174.98%254.95%-
Gross Profit42860469184690135860.2526.64
Operating Income-321-189-201-112348158-8.95-3.78
Net Income-321-186-277-103176132-51.62-4.22
Shares Outstanding25824523222013040.3539.1836.76
Earnings Per Share-1.25-0.76-1.19-0.470.750.63-1.32-0.11
EPS Growth----19.05%---
Operating Cash Flow-15711364.2413914118.7733.17-6.88
Capital Expenditures-36.53-52.88-89.16-78.64-30.57-26.50-7.52-2.51
Free Cash Flow-19360.33-24.9260.08111-7.7225.65-9.39
Cash & Equivalents51972367970666419684.040.00
Total Debt91.41----13310.71-
Net Cash / Debt42772367970666463.0473.330.00
Assets1,3681,5161,5821,8221,519633231-
Liabilities881780758823538490228-
Book Value48773682499998175.26-63.47-
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Fitbit, Inc.
Country United States
Employees 1,762
CEO James Park

Stock Information

Ticker Symbol FIT
Stock Exchange New York Stock Exchange
Sector Technology
Industry Scientific & Technical Instruments
Unique Identifier NYSE: FIT
IPO Date June 18, 2015

Description

Fitbit, Inc., a technology company, provides health solutions in the United States and internationally. The company offers a line of devices, including Fitbit Charge 3, Fitbit Inspire, Fitbit Inspire HR, and Fitbit Ace 2 activity trackers; Fitbit Ionic and Fitbit Versa family of smartwatches, as well as Fitbit Flyer wireless headphones and the Fitbit Aria family of connected scales; and accessories, such as bands and frames for its devices. It also offers Fitbit online dashboard and mobile apps that sync automatically with and display real-time data from its wearable devices; and Fitbit Care, a connected health platform for health plans, employers, and health systems. In addition, the company provides Fitbit Premium, a paid subscription service that uses the data of users to deliver actionable guidance and coaching to help users achieve their health and fitness goals, as well as includes Fitbit Coach that offers exercise programs through personal trainer and yoga apps. It sells its products through consumer electronics and specialty, e-commerce, mass merchant, department store, club, and sporting goods and outdoors retailers; wireless carriers; distributors; and Fitbit.com, an online store, as well as directly to consumers. Fitbit, Inc. has a collaboration with The Scripps Research Institute and Stanford Medicine to study the role of wearables to detect, track, and contain infectious diseases, such as COVID-19.; and partnership with Solera Health to reduce risk of type 2 diabetes. The company was formerly known as Healthy Metrics Research, Inc. and changed its name to Fitbit, Inc. in October 2007. Fitbit, Inc. was founded in 2007 and is headquartered in San Francisco, California.