Posts Tagged ‘fitbit’

FitBit Musings – Fitness & Health Tracking is the Wrist Killer App

May 25th, 2016

UnknownFitBit is $13.90 a share and its time to buy.  All-time low is $11.91.  EV is $2.5B, ttm P/S is 1.6 and FY17 sales are estimated at $3B.  Consensus ’16 earnings of $1.17 and ’17 of $1.41 .  Wall Street can’t keep this down much longer.  40M shares short.  Next ER August 4th.


Payments, blood sugar and much more on the way.  The wrist is THE body real estate for wearables and FitBit is #1.  Lastly, the heart-rate lawsuit is frivolous and will not be a material issue.  Invest and trade at your own risk.