Zepp Health (NYSE:ZEPP) Reaches New 1-Year High - Should You Buy?

Key Points

• Zepp Health's stock reached a new 52-week high of $40.24 during mid-day trading, significantly up from a previous close of $33.86.
• Analysts have set varied price targets, with Fundamental Research assigning a $13.87 price objective and a "buy" rating, while Wall Street Zen upgraded the stock to a "hold" rating.
• In its latest quarter, Zepp Health reported a loss of ($1.13) EPS with a revenue of $38.54 million and a negative return on equity of 24.19%.

Zepp Health Corporation Sponsored ADR (NYSE:ZEPP - Get Free Report)'s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $38.88 and last traded at $40.24, with a volume of 196002 shares trading hands. The stock had previously closed at $33.86.

Analysts Set New Price Targets

ZEPP has been the topic of a number of recent research reports. Fundamental Research set a $13.87 price objective on Zepp Health and gave the stock a "buy" rating in a report on Tuesday, April 22nd. Wall Street Zen upgraded Zepp Health to a "hold" rating in a research report on Saturday.

Zepp Health Stock Performance

The company's fifty day simple moving average is $11.06 and its 200 day simple moving average is $5.67. The stock has a market capitalization of $608.93 million, a P/E ratio of -8.64 and a beta of 1.11. The company has a current ratio of 1.10, a quick ratio of 0.78 and a debt-to-equity ratio of 0.31.

Zepp Health (NYSE:ZEPP - Get Free Report) last issued its quarterly earnings data on Monday, May 19th. The company reported ($1.13) earnings per share (EPS) for the quarter. Zepp Health had a negative return on equity of 24.19% and a negative net margin of 38.81%. The business had revenue of $38.54 million during the quarter.

Zepp Health Company Profile

Zepp Health Corporation operates as a smart wearable and health technology company worldwide. The company operates in two segments: Self-Branded Products and Others, and Xiaomi Wearable Products. It empowers users to live lives by optimizing health, fitness, and wellness journeys through its consumer brands, Amazfit, Zepp Clarity, and Zepp Aura.

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