Zepp Health (NYSE:ZEPP) Shares Up 11.8% - Still a Buy?

Key Points

• Zepp Health Corporation's stock price increased by 11.8%, closing at $38.27 after trading as high as $37.91, with a trading volume of 639,282 shares, significantly up from its average volume.
• Analysts at Fundamental Research have set a price target of $13.87 for Zepp Health shares, indicating a "buy" rating as of April 22nd.
• For its latest earnings report, Zepp Health reported a loss of ($1.13) EPS on revenue of $38.54 million, reflecting ongoing financial challenges with a negative net margin of 38.81%.

Zepp Health Corporation Sponsored ADR (NYSE:ZEPP - Get Free Report)'s share price was up 11.8% on Wednesday . The stock traded as high as $37.91 and last traded at $38.27. Approximately 639,282 shares changed hands during mid-day trading, an increase of 149% from the average daily volume of 256,455 shares. The stock had previously closed at $34.24.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on ZEPP shares. Fundamental Research set a $13.87 price objective on Zepp Health and gave the company a "buy" rating in a report on Tuesday, April 22nd. Wall Street Zen raised Zepp Health to a "hold" rating in a research report on Saturday.

Zepp Health Stock Performance

The company has a current ratio of 1.10, a quick ratio of 0.78 and a debt-to-equity ratio of 0.31. The firm has a 50-day simple moving average of $11.06 and a two-hundred day simple moving average of $5.65. The company has a market capitalization of $485.57 million, a price-to-earnings ratio of -6.93 and a beta of 1.11.

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