Fitbit Company Profile (NYSE:FIT)

Analyst Ratings

Consensus Ratings for Fitbit (NYSE:FIT) (?)
Ratings Breakdown: 12 Hold Rating(s), 13 Buy Rating(s)
Consensus Rating:Buy (Score: 2.52)
Consensus Price Target: $26.19 (97.97% upside)

Analysts' Ratings History for Fitbit (NYSE:FIT)
Show:
DateFirmActionRatingPrice TargetActions
7/26/2016Robert W. BairdReiterated RatingNeutral$16.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/20/2016Piper Jaffray Cos.Set Price TargetHold$16.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/15/2016Oppenheimer Holdings Inc.Reiterated RatingOutperform$25.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/15/2016Dougherty & CoReiterated RatingNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/12/2016Wells Fargo & Co.Initiated CoverageMarket Perform$13.68 -> $13.58View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/5/2016Citigroup Inc.Reiterated RatingBuy$30.00 -> $20.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/24/2016Leerink SwannReiterated RatingMarket PerformView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/22/2016Raymond James Financial Inc.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/22/2016Pacific CrestReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/8/2016WedbushInitiated CoverageOutperform$18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/2/2016SunTrust Banks Inc.Reiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
6/1/2016Royal Bank Of CanadaLower Price TargetOutperform$45.00 -> $40.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/7/2016Morgan StanleyReiterated RatingOverweight$32.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/3/2016Longbow ResearchReiterated RatingBuyView Rating Details  Tweet This Rating  Share This Rating on StockTwits
5/2/2016MizuhoReiterated RatingBuy$20.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/21/2016Cowen and CompanyBoost Price TargetMarket Perform$19.00 -> $20.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/1/2016Bank of America Corp.Reiterated RatingBuy$29.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/24/2016William BlairReiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/24/2016Sterne Agee CRTReiterated RatingNeutral$18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/24/2016Barclays PLCLower Price TargetOverweight$49.00 -> $24.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/23/2016Deutsche Bank AGLower Price TargetBuy$50.00 -> $28.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/23/2016Stifel NicolausDowngradeBuy -> HoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/9/2015Ladenburg ThalmannInitiated CoverageNeutral$29.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/15/2015Cleveland ResearchInitiated CoverageNeutral$38.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
9/9/2015FBN SecuritiesInitiated CoverageOutperform$50.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/26/2014 forward)

Earnings

Earnings History for Fitbit (NYSE:FIT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
8/2/2016        
5/4/2016Q116$0.03$0.10$442.28 million$505.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/22/2016Q415$0.25$0.35$647.94 million$711.60 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/2/2015Q315$0.10$0.24$350.97 million$409.30 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/5/2015Q215$0.08$0.21$319.02 million$400.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Fitbit (NYSE:FIT)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20165($0.06)($0.03)($0.05)
Q2 20162$0.07$0.19$0.13
Q3 20163$0.08$0.24$0.14
Q4 20163$0.44$0.73$0.63
Q1 20171$0.07$0.07$0.07
Q2 20171$0.07$0.07$0.07
Q3 20171$0.10$0.10$0.10
Q4 20171$0.71$0.71$0.71
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Fitbit (NYSE:FIT)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Fitbit (NYSE:FIT)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionActions
7/6/2016Andy MissanEVPSell10,000$12.35$123,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/6/2016Andy MissanEVPSell10,000$14.35$143,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/31/2016Steven Joseph MurrayMajor ShareholderSell1,000,000$14.21$14,210,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/25/2016Philip Douglas BlackMajor ShareholderSell25,000$14.01$350,250.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/16/2016Andy MissanEVPSell2,500$13.87$34,675.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/6/2016Andy MissanEVPSell10,000$13.32$133,200.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/3/2016Group Select Fund L.P FoundryMajor ShareholderSell640,032$17.27$11,053,352.64View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
5/2/2016Timothy M RobertsEVPSell47,470$18.10$859,207.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/18/2016Hansgregory C HartmannCOOSell150,000$17.19$2,578,500.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/6/2016Andy MissanEVPSell15,000$15.36$230,400.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
4/4/2016Timothy M RobertsEVPSell47,470$15.00$712,050.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/29/2016Group Select Fund L.P FoundryMajor ShareholderSell1,203,932$13.20$15,891,902.40View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
3/7/2016Steven Joseph MurrayMajor ShareholderSell1,000,000$13.07$13,070,000.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/24/2016Hansgregory C HartmannCOOSell70,000$12.31$861,700.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
2/11/2016Group Select Fund L.P FoundryMajor ShareholderSell1,111,850$13.46$14,965,501.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/9/2015Steven Joseph MurrayDirectorSell266,938$28.13$7,508,965.94View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
12/9/2015True Venture Partners Ii, L.L.Major ShareholderSell1,077,957$28.13$30,322,930.41View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/18/2015Andy MissanEVPSell88,500$28.13$2,489,505.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/18/2015Edward M. ScalinsiderSell707,400$28.13$19,899,162.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/18/2015Eric N. Friedmanmajor shareholderSell1,113,490$28.13$31,322,473.70View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/18/2015Hansgregory C. HartmannCOOSell336,649$28.13$9,469,936.37View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/18/2015James ParkCEOSell2,226,980$28.13$62,644,947.40View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/18/2015Steven Joseph MurrayDirectorSell936,641$28.13$26,347,711.33View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
11/18/2015William ZerellaCFOSell216,000$28.13$6,076,080.00View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/23/2015Eric N FriedmanMajor ShareholderSell1,095,817$18.80$20,601,359.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
6/23/2015Jon CallaghanDirectorSell3,133,707$18.80$58,913,691.60View SEC Filing  Tweet This Trade  Share This Trade on StockTwits
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Fitbit (NYSE:FIT)
DateHeadline
07/25/16 09:33 PM3 Stocks to Watch For: Electronic Arts Inc. (EA), Fitbit Inc. (FIT), Altria Group, Inc. (MO) - iStreetWire
07/25/16 09:33 PMEarnings Estimates Review: Fitbit Inc. (NYSE:FIT) - News Oracle
07/25/16 12:27 PMETF’s with exposure to Fitbit, Inc. : July 25, 2016 -
07/25/16 11:27 AMIs Beleaguered FitBit a Value Play or a Dangerous Stock to Avoid? - [at TheStreet] - This erstwhile Wall Street darling has endured its share of ups and downs. Will the stock become a high flyer again, or is it too dangerous for investors?
07/25/16 09:00 AM3 Stocks That Have Been Cut in Half Over the Past Year -
07/25/16 08:42 AMTech Stocks Alerts: Fitbit Inc (NYSE:FIT) Texas Instruments Incorporated (NASDAQ:TXN) - share market updates (press release)
07/25/16 08:42 AMAnalysts Observable Stocks: Fitbit, Inc. (NYSE:FIT) , T-Mobile US, Inc. (NASDAQ:TMUS) - Street Updates
07/24/16 03:47 PMFitbit Inc (NYSE:FIT) Expected To Post Sales Of $3611.765 - Investor Newswire
07/23/16 03:52 PMGlobal fitness wearable device for 2016 available in new report
07/23/16 08:07 AMStocks Worth Mentioning Ratings-Wise: Rackspace Hosting, Inc. (NYSE:RAX), Fitbit Inc (NYSE:FIT) - Review Fortune
07/23/16 08:07 AMBaird Analyst Worries About Slowing Demand For Fitbit Inc (FIT); Here's Why - Smarter Analyst
07/22/16 03:58 PMTech Stocks Overview: Verizon Communications Inc. (NYSE:VZ), Fitbit Inc (NYSE:FIT) - share market updates (press release)
07/22/16 04:47 AMTech Stocks Review: Fitbit Inc (NYSE:FIT), Flextronics International Ltd. (NASDAQ:FLEX) - share market updates (press release)
07/21/16 09:33 PMFitbit patents lodged against Jawbone invalid, says US judge
07/21/16 04:12 PMITC Judge Rules Fitbit Patents Invalid In Win For Jawbone
07/21/16 04:12 PMMomentum Stocks in Focus: Fitbit Inc. (FIT) The Walt Disney Company (DIS) AK Steel Holding Corporation (AKS)
07/21/16 08:22 AMThese 2 Companies Should Fear Xiaomi -
07/21/16 08:06 AMFitbit Can't Catch a Break -
07/21/16 07:35 AMOverview of Analyst's Recommendations: Fitbit, Inc. (NYSE:FIT) , Cognizant Technology Solutions Corporation ... - Street Updates
07/21/16 07:35 AMWill Fitbit Inc Short Squeeze Soon? The Stock Formed a Double Bottom - Consumer Eagle
07/21/16 07:35 AMFitbit Patents Lodged Against Jawbone Invalid, Judge Says - Bloomberg
07/21/16 06:06 AMFitbit’s Downward Trading Trend Causing Angst among Analysts -
07/21/16 06:06 AMFitbit Maintaining Rapid Growth by Keeping Competitors at Bay -
07/20/16 05:24 PMPiper Jaffray Remains Neutral on GoPro Inc (GPRO) and FitBit Inc (FIT); Here's Why - Smarter Analyst
07/20/16 05:24 PMFitbit Inc (NYSE:FIT) & Marvell Technology Group (NASDAQ:MRVL) Trending Stocks - Money News (press release)
07/20/16 05:24 PMPiper Jaffray Remains Neutral on GoPro Inc (GPRO) and FitBit Inc ... - Smarter Analyst
07/20/16 02:40 PMThis Could Be July's Best Stock -
07/20/16 01:45 PMFitbit Patents Lodged Against Jawbone Invalid, Judge Says -
07/20/16 12:53 PMNew Trackers Won't Address Fitbit's Biggest Problem. -
07/20/16 04:49 AMShares Positive Over the Past Month: Fitbit Inc. (NYSE:FIT) - TGP
07/19/16 09:19 PMBiotricity Inc. Demonstrated its IoT Medical Device at AT&T’s Shape
07/19/16 09:19 PMGlobal Fitness Wearable Device Market 2016 Size, Trends & Forecasts to 2020
07/19/16 04:09 PMEye Catching Stock: Fitbit Inc. (FIT) - News Oracle
07/19/16 04:09 PMFitbit Inc: FIT Stock Is Not a Bubble, But Still in Trouble - Investorplace.com
07/19/16 03:05 PMFitbit Schedules Q216 Financial Results for August 2, 2016 - [Business Wire] - Fitbit , the leader in the connected health and fitness market, today announced that it expects to release results for its second quarter of 2016 on Tuesday, August 2, after market close.
07/19/16 10:28 AMFitbit Inc: FIT Stock Is Not a Bubble, But Still in Trouble - InvestorPlaceInvestorPlace - Stock Market News, Stock Advice & Trading Tips Fitbit stock has an impressive growth rate, but with looming competition from Apple and Samsung, the risk for FIT stock is to the downside. The post Fitbit Inc: FIT Stock Is Not a Bubble, But Still in Trouble appeared first on InvestorPlace.
07/19/16 10:06 AMNotable Stocks within Analysts Radar: Fitbit, Inc. (NYSE:FIT) , Avago Technologies Limited (NASDAQ:AVGO) - Street Updates
07/19/16 10:06 AMTech Stocks Judgment: Fitbit Inc (NYSE:FIT), MGT Capital Investments Inc. (NYSEMKT:MGT) - share market updates (press release)
07/18/16 04:11 PMWells Fargo Initiates Coverage on Fitbit Inc to Market Perform - TheFounders Daily
07/18/16 09:12 AMFitbit Inc (NYSE:FIT)'s Growth Projection - RealistInvestor.com
07/18/16 09:12 AMNotable Analysts Ratings: Fitbit, Inc. (NYSE:FIT) , Sabre Corporation (NASDAQ:SABR) - Street Updates
07/18/16 09:12 AMTrending Analyst Recommended Stock: Fitbit Inc. (NYSE:FIT) - News Oracle
07/18/16 09:12 AMThe Kroger Co (NYSE:KR) & Fitbit Inc (NYSE:FIT) Active Movers - Money News (press release)
07/18/16 07:45 AMHow Do You Regulate the Digital Health Revolution? - [at Fortune] - The rules that guide health apps and activity trackers are a work in progress.
07/17/16 03:42 PMFitbit : The Daily Southtown, Tinley Park, Ill., Donna Vickroy column
07/16/16 07:27 AMAnalysts Spotlight: Fitbit, Inc. (NYSE:FIT) , Yandex N.V. (NASDAQ:YNDX) - Street Updates
07/16/16 07:27 AMTech Stocks Summary: Fitbit Inc (NYSE:FIT), SolarCity Corp (NASDAQ:SCTY) - share market updates (press release)
07/16/16 07:27 AMEye Catching Stock: Fitbit Inc. (NYSE:FIT) - News Oracle
07/15/16 06:06 PMJawbone and Fitbit's Lawsuit: Everything You Need to Know -
07/15/16 03:03 PMIs Fitbit The Next Flip Camera? Maybe, But Current Valuation Is Attractive Given Upside Potential

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About Fitbit

Fitbit logoFitbit, Inc. (Fitbit) is a provider of health and fitness products. The Company's Fitbit platform combines connected health and fitness devices with software and services, including an online dashboard and mobile applications, data analytics, motivational and social tools, personalized insights, and virtual coaching through fitness plans and interactive workouts. It offers a number of fitness products, including Fitbit Zip, Fitbit One, Fitbit Flex, Fitbit Charge, Fitbit Charge HR, Fitbit Surge and Aria. Its wrist-based and clippable devices automatically track users' daily steps, calories burned, distance traveled, floors climbed, and active minutes and display real-time feedback to encourage them to become more active in their daily lives. Fitbit Premium is its membership that serves as an around the clock virtual personal trainer delivered to users through any Web browser. It operates FitStar, a provider of interactive video-based exercise experiences on mobile devices and computers.

Industry, Sector and Symbol:
  • Sector: Computer and Technology
  • Industry: Scientific & Technical Instruments
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: FIT
  • CUSIP:
Key Metrics:
  • Previous Close: $13.23
  • 50 Day Moving Average: $13.14
  • 200 Day Moving Average: $14.79
  • P/E Ratio: 22.97
  • P/E Growth: 0.55
  • Market Cap: $2.88B
  • Current Year EPS Consensus Estimate: $1.17 EPS
  • Next Year EPS Consensus Estimate: $1.41 EPS
Additional Links:
Fitbit (NYSE:FIT) Chart for Tuesday, July, 26, 2016