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Fitbit, Inc. (FIT)

(Delayed Data from NYSE)

$5.09 USD

5.09
8,501,978

+0.13 (2.62%)

Updated May 3, 2019 04:03 PM ET

After-Market: $5.09 (%) 5:22 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.10%
2Buy17.80%
3Hold9.50%
4Sell2.70%
5Strong Sell2.70%
S&P50011.20%

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Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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NA Value NA Growth NA Momentum NA VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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NA

Industry: NA

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Zacks News

Fitness Trackers Penetrating Healthcare: Amazon Ups the Game

Amazon (AMZN) unveils Amazon Halo, which is likely to aggravate competition in the fitness tracker market for players like Apple, Google and Garmin among others.

Fitbit Unveils New Fitness Wearables to Curb Competition

Fitbit (FIT) releases new fitness wearables in a bid to combat competition and expand its share in the healthcare market.

Lyft (LYFT) Q2 Loss Narrower Than Expected, Revenues Fall 61%

Lyft's (LYFT) Q2 results reflect significant downturn in its core ridesharing business, thanks to homebound people amid coronavirus. However, strict cost-controls support its long-term prospects.

Fitbit (FIT) Q2 Loss Narrower Than Estimated, Revenues Beat

Fitbit (FIT) reports better-than-expected second-quarter revenues. However, uncertainty around consumer demand continues due to the COVID-19 pandemic.

Uber (UBER) Q2 Loss Wider Than Expected, Revenues Drop 29%

Uber's (UBER) Q2 results reflect significant weakness in its ride-hailing segment, thanks to coronavirus confining people to their homes.

Fitbit (FIT) Reports Q2 Loss, Tops Revenue Estimates

Fitbit (FIT) delivered earnings and revenue surprises of 42.86% and 28.17%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Fitbit (FIT) Q2 Earnings Expected to Decline

Fitbit (FIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Fitbit (FIT) Q2 Earnings Expected to Decline

Fitbit (FIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Vasundhara Sawalka headshot

Tech Players Consolidate Healthcare Presence, Apple Takes Lead

The healthcare space is witnessing increasing proliferation of wearables and fitness trackers offered by Apple (AAPL), Fitbit, Garmin and others.

Wearable Tech: The World's New Bet to Tackle Coronavirus?

Wearable devices are being installed for surveillance to detect potential coronavirus cases. These body-worn devices can also be used to track social distancing and quarantine implementation.

Fitbit Unveils Emergency Ventilator Amid Coronavirus Crisis

Fitbit (FIT) launches a low-cost ventilator to meet the growing need for medical devices during the COVID-19 crisis.

Fitbit (FIT) Down 7.6% Since Last Earnings Report: Can It Rebound?

Fitbit (FIT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Lyft's (LYFT) Q1 Loss Narrower Than Expected, Revenues Beat

Despite the coronavirus impact, Lyft's (LYFT) top line grew 23% in Q1 on arise in Active Riders and Revenue per Active Rider.

Uber's (UBER) Q1 Loss Narrower Than Estimated, Stock Up

Uber's (UBER) Q1 results reflect a significant rise in Uber Eats revenues. The company is seeing some signs of recovery in its rides business.

Fitbit (FIT) Q1 Loss Wider Than Estimated, Revenues Lag

Fitbit (FIT) reports weak first-quarter results, with both earnings and revenues missing the Zacks Consensus Estimate.

Fitbit (FIT) Reports Q1 Loss, Misses Revenue Estimates

Fitbit (FIT) delivered earnings and revenue surprises of -9.09% and -30.31%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Earnings Preview: Fitbit (FIT) Q1 Earnings Expected to Decline

Fitbit (FIT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Will Non-iPhone Segments Drive Apple's (AAPL) Q2 Earnings?

Apple's (AAPL) second-quarter fiscal 2020 results are expected to reflect solid non-iPhone segmental performances amid the coronavirus pandemic-caused chaos.

Garmin Expands Marine Portfolio With quatix 6 Smartwatch

Garmin (GRMN) unveils a new GPS Smartwatch Series, quatix 6, to expand its share in the marine market.

Fitbit (FIT) Expands Share in Wearable Space With Charge 4

Fitbit (FIT) unveils Charge 4, which expands its family of Charge devices and enhances product offerings.

Fitbit (FIT) Down 4.5% Since Last Earnings Report: Can It Rebound?

Fitbit (FIT) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Benjamin Rains headshot

Bull of the Day: Garmin Ltd. (GRMN)

Garmin (GRMN) became famous for its in-car GPS devices, smartwatches, and fitness trackers that compete against the likes of Apple and Fitbit. Here is why it is Tuesday's Bull of the Day...

Fitbit (FIT) Q4 Loss Wider Than Estimated, Revenues Lag

Fitbit (FIT) reports weak fourth-quarter results, with both earnings and revenues missing the Zacks Consensus Estimate.

Will Non-iPhone Segments Drive Apple's (AAPL) Q1 Earnings?

Apple's (AAPL) fiscal first-quarter 2020 results are expected to reflect robust performance of the non-iPhone segments.

Benjamin Rains headshot

Buy Apple Stock Before Q1 Earnings on Services, AirPods & iPhone Growth?

Apple stock has skyrocketed nearly 110% in the last year. Now the question is should investors think about buying the iPhone giant's stock before Apple reports its Q1 2020 earnings results on Tuesday, January 28?