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FitLife Brands (FTLF) Soars 5.7%: Is Further Upside Left in the Stock?
FTLFFitLife Brands(FTLF) ZACKS·2024-10-23 10:01

Company Overview - FitLife Brands Inc. (FTLF) shares increased by 5.7% to close at 32.25,followinganotabletradingvolume,contrastingwithan8.932.25, following a notable trading volume, contrasting with an 8.9% loss over the past four weeks [1] - The company has achieved a year-to-date return of 65.5%, indicating strong market sentiment and consistent profitability and revenue growth in 2024 [1] Financial Performance - FitLife is expected to report quarterly earnings of 0.50 per share, reflecting a year-over-year increase of 42.9% [1] - Revenue projections for the upcoming report stand at 16.95million,whichisa21.916.95 million, which is a 21.9% increase compared to the same quarter last year [1] Market Sentiment and Stock Trends - The consensus EPS estimate for FitLife has remained unchanged over the last 30 days, suggesting that stock price movements may stabilize without revisions in earnings estimates [2] - The stock currently holds a Zacks Rank of 3 (Hold), indicating a neutral outlook [2] Industry Comparison - FitLife Brands is part of the Zacks Medical - Products industry, where BioRad Laboratories (BIO) experienced a 1% decline to 339.84, with a 5.1% return over the past month [2] - BioRad's consensus EPS estimate has decreased by 0.4% to $1.28, representing a significant year-over-year decline of 45.1%, and it currently holds a Zacks Rank of 4 (Sell) [3]