Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 8/10

vs
industry
vs
history
Cash-to-Debt No Debt
FIT's Cash-to-Debt is ranked higher than
85% of the 2024 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.46 vs. FIT: No Debt )
Ranked among companies with meaningful Cash-to-Debt only.
FIT' s Cash-to-Debt Range Over the Past 10 Years
Min: 1.48  Med: N/A Max: No Debt
Current: No Debt
Equity-to-Asset 0.55
FIT's Equity-to-Asset is ranked lower than
53% of the 1995 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 0.56 vs. FIT: 0.55 )
Ranked among companies with meaningful Equity-to-Asset only.
FIT' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.28  Med: 0.33 Max: 0.65
Current: 0.55
-0.28
0.65
Interest Coverage No Debt
FIT's Interest Coverage is ranked higher than
82% of the 1830 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 52.07 vs. FIT: No Debt )
Ranked among companies with meaningful Interest Coverage only.
FIT' s Interest Coverage Range Over the Past 10 Years
Min: 71.08  Med: 341.71 Max: No Debt
Current: No Debt
Piotroski F-Score: 3
Altman Z-Score: 2.59
Beneish M-Score: -2.69
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 3/10

vs
industry
vs
history
Operating Margin % -5.18
FIT's Operating Margin % is ranked lower than
82% of the 2004 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.50 vs. FIT: -5.18 )
Ranked among companies with meaningful Operating Margin % only.
FIT' s Operating Margin % Range Over the Past 10 Years
Min: -5.18  Med: -3.3 Max: 21.19
Current: -5.18
-5.18
21.19
Net Margin % -4.74
FIT's Net Margin % is ranked lower than
80% of the 2006 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 2.57 vs. FIT: -4.74 )
Ranked among companies with meaningful Net Margin % only.
FIT' s Net Margin % Range Over the Past 10 Years
Min: -19.04  Med: -4.74 Max: 17.68
Current: -4.74
-19.04
17.68
ROE % -9.93
FIT's ROE % is ranked lower than
83% of the 1975 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 4.93 vs. FIT: -9.93 )
Ranked among companies with meaningful ROE % only.
FIT' s ROE % Range Over the Past 10 Years
Min: -10.38  Med: 21.58 Max: 480.64
Current: -9.93
-10.38
480.64
ROA % -6.24
FIT's ROA % is ranked lower than
84% of the 2029 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 2.57 vs. FIT: -6.24 )
Ranked among companies with meaningful ROA % only.
FIT' s ROA % Range Over the Past 10 Years
Min: -44.74  Med: 5.09 Max: 30.51
Current: -6.24
-44.74
30.51
ROC (Joel Greenblatt) % -57.24
FIT's ROC (Joel Greenblatt) % is ranked lower than
92% of the 2024 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 9.74 vs. FIT: -57.24 )
Ranked among companies with meaningful ROC (Joel Greenblatt) % only.
FIT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -276.1  Med: 83.52 Max: 440.26
Current: -57.24
-276.1
440.26
» FIT's 10-Y Financials

Financials (Next Earnings Date: 2017-05-22 Est.)


Revenue & Net Income
Cash & Debt
Operating Cash Flow & Free Cash Flow
Operating Cash Flow & Net Income

» Details

Guru Trades

Q1 2016

FIT Guru Trades in Q1 2016

Steven Cohen 654,300 sh (New)
George Soros 40,000 sh (New)
Jim Simons 797,000 sh (New)
Joel Greenblatt 872,235 sh (+1879.83%)
John Griffin 1,035,000 sh (unchged)
Chase Coleman 500,000 sh (unchged)
Caxton Associates Sold Out
Paul Tudor Jones 33,950 sh (-14.77%)
» More
Q2 2016

FIT Guru Trades in Q2 2016

Wilbur Ross 98,693 sh (New)
Pioneer Investments 400,189 sh (New)
Chuck Royce 731,600 sh (New)
Joel Greenblatt 3,060,337 sh (+250.86%)
Jim Simons 1,332,700 sh (+67.21%)
Chase Coleman 500,000 sh (unchged)
John Griffin 1,035,000 sh (unchged)
George Soros Sold Out
Paul Tudor Jones 10,745 sh (-68.35%)
Steven Cohen 15,900 sh (-97.57%)
» More
Q3 2016

FIT Guru Trades in Q3 2016

Pioneer Investments 1,110,139 sh (+177.40%)
Chuck Royce 1,486,483 sh (+103.18%)
Jim Simons 2,013,820 sh (+51.11%)
John Griffin 1,035,000 sh (unchged)
Chase Coleman 500,000 sh (unchged)
Paul Tudor Jones 1,209,200 sh (unchged)
Steven Cohen Sold Out
Paul Tudor Jones Sold Out
Wilbur Ross Sold Out
Joel Greenblatt 11,521 sh (-99.62%)
» More
Q4 2016

FIT Guru Trades in Q4 2016

Paul Tudor Jones 86,307 sh (New)
John Griffin 3,868,700 sh (+273.79%)
Paul Tudor Jones 161,100 sh (unchged)
Chase Coleman 500,000 sh (unchged)
Joel Greenblatt Sold Out
Chuck Royce 1,315,269 sh (-11.52%)
Jim Simons 1,359,600 sh (-32.49%)
Pioneer Investments 653,870 sh (-41.10%)
» More
» Details

Insider Trades

Latest Guru Trades with FIT

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Business Description

Industry: Computer Hardware » Scientific & Technical Instruments    NAICS: 334519    SIC: 3829
Compare:NYSE:ESE, NYSE:BMI, NAS:ORBK, NAS:NOVT, NAS:MTSC, NYSE:RTEC, NAS:FARO, NYSE:LDR, OTCPK:TMOAF, NAS:IIVI, OTCPK:CAZGF, NAS:CYBE, NYSE:VPG, NAS:HURC, OTCPK:PPEHF, NAS:MOCO, NAS:ITRI, OTCPK:UNDT, NAS:TRNS, NAS:PRCP » details
Traded in other countries:5FB.Germany,
Fitbit Inc provides fitness tracking devices, wearable devices, and the health and fitness industry. It provides platform to combine connected health and fitness devices with software and services.

Fitbit Inc provides platform to combine connected health and fitness devices with software and services, including an online dashboard and mobile apps, data analytics, motivational and social tools, personalized insights, and virtual coaching through customized fitness plans and interactive workouts. It sells devices through diversified sales channels that include distributors, retailers, a corporate wellness offering, and Fitbit.com. Its sells its products through retail channel, consumer direct channel and corporate wellness channel. It provides retailers with freestanding, in-line, and endcap POP displays of varying sizes. These displays communicate its marketing messages, present its products and their features and, in many cases, allow consumers to try on its devices and view an interactive app that enables them to learn more about its products. The Company's trademarks include Fitbit, the Fitbit logo, Fitbit Zip, Fitbit One, Fitbit Flex, Fitbit Charge, Fitbit Charge HR, Fitbit Surge, Fitbit Aria, PurePulse, and its other registered or common law trade names.

Top Ranked Articles about Fitbit Inc

Wilbur Ross Sells 2 Holdings, Trims Another Guru divests Fitbit, Zayo Group Holdings in 3rd quarter
Competitors Will Hurt Fitbit Growing competition in the wearables segment will hurt Fitbit
Fitbit (NYSE:FIT) has performed nicely since it reported better-than-expected earnings last month. Although shares have rallied on the back of strong earnings, this is not a turnaround and Fitbit will probably head lower in the long-term. Read more...
Wilbur Ross Gets FIT Guru buys fitness tracker in 2nd quarter
Wilbur Ross (Trades, Portfolio) of Invesco Private Capital (Trades, Portfolio) acquired a new holding in Fitbit Inc. (NYSE:FIT) during the second quarter. Read more...
Fitbit, A Leading IoT Investment FIT has better chance of doubling value than Facebook
When legends like Steven Cohen, George Soros (Trades, Portfolio), Jim Simons (Trades, Portfolio) and Joel Greenblatt (Trades, Portfolio), all buy into a stock during the most recent quarter, it is worth taking note. Fitbit (NYSE:FIT) offers a great long-term growth opportunity at this price. Read more...
Insiders Roundup: Buy of Advance Auto Parts, Sale of Fitbit Largest insider trades of the week
The All-in-One Screener can be used to find insider buys and sells over the last week by clicking on the Insiders tab and changing the settings for All Insider Buying to “$1,000,000+” and duration to "May 2016” and “May 2016.” Read more...

Ratios

vs
industry
vs
history
PB Ratio 1.21
FIT's PB Ratio is ranked higher than
60% of the 2037 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.59 vs. FIT: 1.21 )
Ranked among companies with meaningful PB Ratio only.
FIT' s PB Ratio Range Over the Past 10 Years
Min: 1.21  Med: 3.25 Max: 13.47
Current: 1.21
1.21
13.47
PS Ratio 0.58
FIT's PS Ratio is ranked higher than
67% of the 2055 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.02 vs. FIT: 0.58 )
Ranked among companies with meaningful PS Ratio only.
FIT' s PS Ratio Range Over the Past 10 Years
Min: 0.57  Med: 1.34 Max: 4
Current: 0.58
0.57
4
Price-to-Free-Cash-Flow 35.15
FIT's Price-to-Free-Cash-Flow is ranked lower than
79% of the 935 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 15.96 vs. FIT: 35.15 )
Ranked among companies with meaningful Price-to-Free-Cash-Flow only.
FIT' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 21.12  Med: 46.56 Max: 547.05
Current: 35.15
21.12
547.05
Price-to-Operating-Cash-Flow 11.24
FIT's Price-to-Operating-Cash-Flow is ranked lower than
53% of the 1123 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 11.30 vs. FIT: 11.24 )
Ranked among companies with meaningful Price-to-Operating-Cash-Flow only.
FIT' s Price-to-Operating-Cash-Flow Range Over the Past 10 Years
Min: 11.24  Med: 49.63 Max: 436.7
Current: 11.24
11.24
436.7
Current Ratio 1.94
FIT's Current Ratio is ranked higher than
50% of the 1943 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.94 vs. FIT: 1.94 )
Ranked among companies with meaningful Current Ratio only.
FIT' s Current Ratio Range Over the Past 10 Years
Min: 1.07  Med: 1.58 Max: 2.67
Current: 1.94
1.07
2.67
Quick Ratio 1.64
FIT's Quick Ratio is ranked higher than
56% of the 1943 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.47 vs. FIT: 1.64 )
Ranked among companies with meaningful Quick Ratio only.
FIT' s Quick Ratio Range Over the Past 10 Years
Min: 0.8  Med: 1.31 Max: 2.32
Current: 1.64
0.8
2.32
Days Inventory 56.60
FIT's Days Inventory is ranked higher than
62% of the 1953 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 71.35 vs. FIT: 56.60 )
Ranked among companies with meaningful Days Inventory only.
FIT' s Days Inventory Range Over the Past 10 Years
Min: 48.86  Med: 56.13 Max: 80.72
Current: 56.6
48.86
80.72
Days Sales Outstanding 80.39
FIT's Days Sales Outstanding is ranked lower than
55% of the 1631 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 75.04 vs. FIT: 80.39 )
Ranked among companies with meaningful Days Sales Outstanding only.
FIT' s Days Sales Outstanding Range Over the Past 10 Years
Min: 80.39  Med: 100.37 Max: 116.96
Current: 80.39
80.39
116.96
Days Payable 86.53
FIT's Days Payable is ranked higher than
74% of the 1566 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 58.29 vs. FIT: 86.53 )
Ranked among companies with meaningful Days Payable only.
FIT' s Days Payable Range Over the Past 10 Years
Min: 86.53  Med: 111.12 Max: 184.17
Current: 86.53
86.53
184.17

Buy Back

vs
industry
vs
history

Valuation & Return

vs
industry
vs
history
Price-to-Net-Current-Asset-Value 1.84
FIT's Price-to-Net-Current-Asset-Value is ranked higher than
76% of the 1533 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.86 vs. FIT: 1.84 )
Ranked among companies with meaningful Price-to-Net-Current-Asset-Value only.
FIT' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.83  Med: 5.13 Max: 7.77
Current: 1.84
1.83
7.77
Price-to-Tangible-Book 1.31
FIT's Price-to-Tangible-Book is ranked higher than
58% of the 1954 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.70 vs. FIT: 1.31 )
Ranked among companies with meaningful Price-to-Tangible-Book only.
FIT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.31  Med: 4.25 Max: 6.71
Current: 1.31
1.31
6.71
Price-to-Median-PS-Value 0.44
FIT's Price-to-Median-PS-Value is ranked higher than
96% of the 1877 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 1.22 vs. FIT: 0.44 )
Ranked among companies with meaningful Price-to-Median-PS-Value only.
FIT' s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 0.44  Med: 1.23 Max: 1.86
Current: 0.44
0.44
1.86
Earnings Yield (Greenblatt) % -21.63
FIT's Earnings Yield (Greenblatt) % is ranked lower than
90% of the 2080 Companies
in the Global Scientific & Technical Instruments industry.

( Industry Median: 3.86 vs. FIT: -21.63 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) % only.
FIT' s Earnings Yield (Greenblatt) % Range Over the Past 10 Years
Min: -21.64  Med: 8.1 Max: 26.2
Current: -21.63
-21.64
26.2

More Statistics

Revenue (TTM) (Mil) $2,169
EPS (TTM) $ -0.48
Short Percentage of Float35.84%
52-Week Range $5.38 - 18.85
Shares Outstanding (Mil)226.21

Analyst Estimate

Dec17 Dec18 Dec19
Revenue (Mil $) 1,540 1,669 1,785
EPS ($) -0.31 -0.19 -0.59
EPS without NRI ($) -0.31 -0.19 -0.59
EPS Growth Rate
(Future 3Y To 5Y Estimate)
25.00%
Dividends per Share ($)

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)