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NYSE:FIT

Fitbit (FIT) Stock Price, News & Analysis

Fitbit logo

About Fitbit Stock (NYSE:FIT)

Key Stats

Today's Range
$6.93
$6.93
50-Day Range
$6.78
$7.06
52-Week Range
$5.85
$7.34
Volume
1,751 shs
Average Volume
N/A
Market Capitalization
$1.70 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

Fitbit, Inc., a technology company, provides health solutions in the United States and internationally. The company offers a line of devices, including Fitbit Charge 3, Fitbit Inspire, Fitbit Inspire HR, and Fitbit Ace 2 activity trackers; Fitbit Ionic and Fitbit Versa family of smartwatches, as well as Fitbit Flyer wireless headphones and the Fitbit Aria family of connected scales; and accessories, such as bands and frames for its devices. It also offers Fitbit online dashboard and mobile apps that sync automatically with and display real-time data from its wearable devices; and Fitbit Care, a connected health platform for health plans, employers, and health systems. In addition, the company provides Fitbit Premium, a paid subscription service that uses the data of users to deliver actionable guidance and coaching to help users achieve their health and fitness goals, as well as includes Fitbit Coach that offers exercise programs through personal trainer and yoga apps. It sells its products through consumer electronics and specialty, e-commerce, mass merchant, department store, club, and sporting goods and outdoors retailers; wireless carriers; distributors; and Fitbit.com, an online store, as well as directly to consumers. Fitbit, Inc. has a collaboration with The Scripps Research Institute and Stanford Medicine to study the role of wearables to detect, track, and contain infectious diseases, such as COVID-19.; and partnership with Solera Health to reduce risk of type 2 diabetes. The company was formerly known as Healthy Metrics Research, Inc. and changed its name to Fitbit, Inc. in October 2007. Fitbit, Inc. was founded in 2007 and is headquartered in San Francisco, California.

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FIT Stock News Headlines

The Fitbit Ace LTE is Getting More Chat Options
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See More Headlines

FIT Stock Analysis - Frequently Asked Questions

Fitbit, Inc. (NYSE:FIT) announced its quarterly earnings data on Wednesday, August, 5th. The scientific and technical instruments company reported ($0.12) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.23) by $0.11. The scientific and technical instruments company had revenue of $261.27 million for the quarter, compared to analysts' expectations of $203.85 million.

Fitbit (FIT) raised $448 million in an initial public offering (IPO) on Thursday, June 18th 2015. The company issued 29,900,000 shares at $14.00-$16.00 per share. Morgan Stanley, Deutsche Bank Securities and BofAMerrill Lynch served as the underwriters for the IPO and Barclays, SunTrust Robinson Humphrey, Piper Jaffray, Raymond James, Stifel and William Blair were co-managers.

Based on aggregate information from My MarketBeat watchlists, some other companies that Fitbit investors own include PayPal (PYPL), Meta Platforms (META), Tesla (TSLA), Netflix (NFLX), NVIDIA (NVDA), General Electric (GE) and Actinium Pharmaceuticals (ATNM).

Company Calendar

Last Earnings
8/05/2020
Today
11/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Electronic Computers
Sub-Industry
N/A
Fax
N/A
Employees
1,684
Year Founded
N/A

Profitability

Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$1.43 billion
Book Value
$2.13 per share

Miscellaneous

Free Float
199,323,000
Market Cap
$1.70 billion
Optionable
Optionable
Beta
N/A
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This page (NYSE:FIT) was last updated on 11/14/2024 by MarketBeat.com Staff
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