FitLife Brands (NASDAQ:FTLF) Posts Earnings Results, Misses Estimates By $0.01 EPS

FitLife Brands (NASDAQ:FTLF) posted its earnings results on Thursday. The company reported $0.21 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.01), RTT News reports. FitLife Brands had a net margin of 13.38% and a return on equity of 28.03%.

FitLife Brands Trading Down 6.4 %

Shares of NASDAQ:FTLF traded down $0.89 on Thursday, reaching $13.04. 15,282 shares of the company traded hands, compared to its average volume of 17,075. The stock has a market capitalization of $120.05 million, a P/E ratio of 15.43 and a beta of 0.95. The business’s 50-day simple moving average is $14.94 and its 200 day simple moving average is $15.76. The company has a current ratio of 1.50, a quick ratio of 0.64 and a debt-to-equity ratio of 0.28. FitLife Brands has a 52 week low of $11.51 and a 52 week high of $17.75.

Analysts Set New Price Targets

Separately, Lake Street Capital initiated coverage on shares of FitLife Brands in a research note on Monday, March 17th. They issued a “buy” rating and a $21.00 target price on the stock.

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.