 |
Minimal deposit $50 Exclusive promotion |
Our score |
0% commission |
Are you looking to buy Fitbit stocks? Chech our Reportlab with an in-depth review, check prices, statistics and see if buying this stock is interesting right now. This article will help you buy NYSE:FIT! and analyze the company to see if this stock might be an interesting option to invest in. We will enlighten you about Fitbit stocks and how to buy and use them. Click on the button to start reading the review right now or scroll down for real time statistics about this company.
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.
Average volume
2.83 million shs
MARKET CAP
$1.70 billion
Stock exchange
NYSE
Buy this stock!
|
NAME
|
TICKER
|
INDUSTRY
|
SECTOR
|
VOLUME
|
BUY THIS STOCK NOW
|
|---|---|---|---|---|---|
|
NYSE:FIT
|
Electronic computers
|
Computer and Technology
|
1,700 shs
|
Below is a quick guide on how to buy NYSE:FIT stocks safe, fast and around the world in less than five minutes.
Step 1: Open an account with eToro – eToro is the best broker to buy Fitbit shares in the world as you won’t pay any commissions. To do this, visit the eToro website and open an account, it is 100% safe and they offer a huge amount of stocks.
Step 2: Upload your ID – As per KYC regulations eToro will ask you to upload a copy of your passport or driver’s license.
Step 3: Deposit Funds – Deposit some money into your newly created eToro account. You can choose between wire transfer, e-wallet or debit/credit card or Paypal.
Step 4: Buy Fitbit – Search for “”NYSE:FIT”” and click on the “”Trade”” button. Enter the total amount of your investment (minimum $50) and confirm the order by clicking the “”Open Trade”” button. And that’s it: you have just bought Fitbit stocks with 0% commission!.
1 | | Minimal deposit $50 Exclusive promotion | Our score 10 ★★★★★ | 0% commission |
3 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Fitbit in the last twelve months. There are currently 1 sell rating and 2 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should “hold” Fitbit stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in FIT, but not buy additional shares or sell existing shares.
Wall Street analysts have given Fitbit a “Hold” rating, but there may be better short-term opportunities in the market. Some of Reportlab’s past winning trading ideas have resulted in 5-15% weekly gains. Reportlab just released five new trading ideas, but Fitbit wasn’t one of them. Reportlab thinks five stocks may be even better buys in the how to buy stocks guide.
1 | | Minimal deposit $50 Exclusive promotion | Our score 10 ★★★★★ | 0% commission |
2 |  | Minimal deposit $50 Exclusive promotion | Our score 10 ★★★★★ | 0% commission |
3 |  | Minimal deposit $50 Exclusive promotion | Our score 10 ★★★★★ | 0% commission |
It can be difficult to navigate through all the outdated and incorrect information related to purchasing NYSE:FIT stocks. We believe that stocks should be accessible for all, which is why we’ve created this handy guide on where to buy Fitbit stocks with a step by step approach.
You’ll need to register with a broker, in these times you can’t go without once and it’s crucial to use a regulated broker that’s allowed to operate there, otherwise, you risk losing funds. eToro is one such broker, and one of the best brokers to buy Fitbit stocks with 0% comission, to sign up just click on open account in the following table or compare other options.
Because eToro is a regulated platform, you’ll need to complete the KYC process, this is standard practice and only takes a couple of minutes. You’ll need to provide a photo ID (passport, driving licence) and proof of address (utility bill, bank statement).
Once you’ve signed up and verified your account, you’ll need to deposit funds. eToro accepts credit/debit cards, bank transfers, and also e-wallets. So whatever your preference there will be something for you.
Now that you’ve funded your eToro account, just type “NYSE:FIT stocks” into the search bar at the top of the screen and press “trade”.
All that’s left is to buy some NYSE:FIT stock. Simply enter the amount you want to purchase and hit the “buy” button. The amount you bought will be automatically credited to your account where you can monitor its performance.
All in all, NYSE:FIT is an incredibly interesting company that has the potential to solve some major issues in the business space. After reading this guide you should know how to buy this investment using the best broker or platform. We recommend eToro to anyone looking for a regulated, easy-to-use, fully-featured broker to buy Fitbit stocks. As with any broker or online platform, it’s crucial you set up 2FA when using their tools as it ensures your funds are completely safe.
Fitbit is scheduled to release its next quarterly earnings announcement on Thursday, February 18th 2021.
View our earnings forecast for Fitbit.
Fitbit, Inc. (NYSE:FIT) released its earnings results on Wednesday, August, 5th. The scientific and technical instruments company reported ($0.12) EPS for the quarter, beating the Thomson Reuters’ 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 the consensus estimate of $203.85 million. Fitbit had a negative net margin of 19.69% and a negative trailing twelve-month return on equity of 45.57%.
View Fitbit’s earnings history.
Fitbit’s stock was trading at $6.24 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, FIT shares have increased by 11.1% and is now trading at $6.93.
3 brokerages have issued 12 month target prices for Fitbit’s stock. Their forecasts range from $7.35 to $7.35. On average, they expect Fitbit’s share price to reach $7.35 in the next year. This suggests a possible upside of 6.1% from the stock’s current price.
View analysts’ price targets for Fitbit or view top-rated stocks among Wall Street analysts.
Launched in 2006, eToro is, in our opinion, without a doubt the best broker for buying NYSE:FIT stocks in the world. The onboarding process is simple, it’s designed to make sure even those new to the stock market are ready to start investing the shortest amount of time possible. As a regulated platform you gain several benefits, most importantly, you know they’re not going to run off with your hard-earned money./
Over 95% of client funds are kept offline, in cold storage, which is crucial for any broker that manages your assets. Regardless of how secure a platform is meant to be, we recommend using 2FA to add an additional layer of security to your account.
eToro offers users a range of features to start investing as quickly as possible. They have a relatively unique feature called copy trading, which lets you earn a passive income by mirroring experienced traders, this allows you to start earning profit quickly, and gives you a better understanding of the strategies used by professionals. Additionally, eToro allows users to invest in managed portfolios, a managed portfolio being a variety of similar assets grouped together, allowing you to diversify your account, reducing any potential risk. For those with previous trading experience, you can invest in markets outside of stocks, as eToro allows users to trade ETFs, commodities, crypto and indices. If you already invest outside of the stock market space this can be very useful, as it allows you to manage all your investments in just one place.
Fitbit’s management team includes the following people:
Mr. James Park, Co-Founder, Chairman, CEO & Pres (Age 44, Pay $2M)
Mr. Eric N. Friedman, Co-Founder, CTO & Director (Age 43, Pay $798.32k)
Mr. Ronald W. Kisling, Chief Financial Officer (Age 59, Pay $737.07k)
Mr. Jeffrey P. Devine, Exec. VP of Operations (Age 59, Pay $726.8k)
Mr. Andrew P. Missan, Exec. VP, Gen. Counsel & Sec. (Age 58, Pay $777.32k)
Mr. Thomas G. Hudson, VP of Investor Relations
Mr. Timothy Rosa, Chief Marketing Officer
Ms. Lisa Gross, Sr. VP of People
Mr. Mark Silverio, Sr. VP of Americas Sales
Mr. Des Power, Sr. VP & MD of International
Some companies that are related to Fitbit include Capcom (CCOEY), Omnicell (OMCL), Super Micro Computer (SMCI), Huami (HMI), One Stop Systems (OSS), CCUR (CCUR), Socket Mobile (SCKT) and Sector 5 (SFIV).
View all of FIT’s competitors.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Based on aggregate information from Reportlab watchlists, some companies that other Fitbit investors own include PayPal (PYPL), Netflix (NFLX), Tesla (TSLA), Actinium Pharmaceuticals (ATNM), NVIDIA (NVDA), General Electric (GE), Twitter (TWTR), Alibaba Group (BABA), Micron Technology (MU) and Advanced Micro Devices (AMD).
(FIT) raised $448 million in an initial public offering (IPO) on Thursday, June 18th 2015. The company issued 29,900,000 shares at a price of $14.00-$16.00 per share. Morgan Stanley, Deutsche Bank Securities and BofAMerrill Lynch acted as the underwriters for the IPO and Barclays, SunTrust Robinson Humphrey, Piper Jaffray, Raymond James, Stifel and William Blair were co-managers.
Fitbit trades on the New York Stock Exchange (NYSE) under the ticker symbol “FIT.”
Fitbit’s stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (7.94%), Gabelli Funds LLC (0.89%), GABELLI & Co INVESTMENT ADVISERS INC. (0.40%), Segantii Capital Management Ltd (0.31%), Havens Advisors LLC (0.26%) and California Public Employees Retirement System (0.22%). Company insiders that own Fitbit stock include Andy Missan, Eric N Friedman, James Park and Ronald W Kisling.
View institutional ownership trends for Fitbit.
1 | | Minimal deposit $50 Exclusive promotion | Our score 10 ★★★★★ | 0% commission |
FIT stock was sold by a variety of institutional investors in the last quarter, including Segantii Capital Management Ltd, GABELLI & Co INVESTMENT ADVISERS INC., Gabelli Funds LLC, SG Americas Securities LLC, Gamco Investors INC. ET AL, State of New Jersey Common Pension Fund D, and California Public Employees Retirement System. Company insiders that have sold Fitbit company stock in the last year include Andy Missan, Eric N Friedman, James Park, and Ronald W Kisling.
View insider buying and selling activity for Fitbit or view top insider-selling stocks.
FIT stock was purchased by a variety of institutional investors in the last quarter, including BlackRock Inc., Havens Advisors LLC, Aperio Group LLC, Kestra Advisory Services LLC, Swiss National Bank, Zurcher Kantonalbank Zurich Cantonalbank , Nisa Investment Advisors LLC, and Victory Capital Management Inc..
View insider buying and selling activity for Fitbit or or view top insider-buying stocks.
Shares of FIT can be purchased through any online brokerage account. Popular online brokerages with access to the stock market include Interactive Brokers Review, eToro Review, DEGiro Review, AvaTrade Review, IG Markets Review, IC Markets Review, CMC Markets Review, Admiral Markets Review and many more. Read one of the reviews to find out everything about the broker and start buying stocks now.
One share of FIT stock can currently be purchased for approximately $6.93.
Fitbit has a market capitalization of $1.70 billion and generates $1.43 billion in revenue each year. The scientific and technical instruments company earns $-320,710,000.00 in net income (profit) each year or ($0.81) on an earnings per share basis.
Fitbit employs 1,684 workers across the globe.
At Reportlab.org we want to make sure that you have all the most relevant information about buying stocks. We bring you the best guides about the stock market with personal reviews, background information, platform reviews, how to’s and more. Want to get other information? Then check out the OTC stocks, NASDAQ stocks, NYSE stocks, LON stocks, FRA stocks, ETR stocks, EPA stocks, TSX stocks or Amex stocks. Looking for more detailed info like 5g stocks, biotech stocks, gold stocks and other information out of our reportlab.
How to buy Fitbit stocks?
The safest and easiest way to buy NYSE:FIT stocks is by using a regulated broker like eToro or DEGiro. You can open an account with the platform, make a deposit and buy this stock in under 5 minutes from start to finish.
Opening an account with one of these brokers is a smart move, they have been active for more then 10 years, are very safe to use and they have the best platform for novice and experienced traders. If you want to learn more then we suggest you to read our eToro or DeGiro guides.
Where to buy Fitbit stock?
You will first want to find a licensed broker that supports Fitbit stock. One of our favourite brokers, eToro for example, allows you to make investments into this asset from just $25 and only charges you the spread. Another option is using a regulated broker like DEGIRO or Interactive Brokers. You can open an account with these brokers and start buying or trading NYSE:FIT stocks in a safe and complete environment.
Is NYSE:FIT stock a good investment?
As with any other asset, there is an element of risk associated with buying NYSE:FIT stocks. Therefore, you will want to study the market and make a decision based on your financial standing and the risk you are willing to take.
Is Fitbit stock safe to invest in?
All stocks are volatile, or affected by market circumstances. The case with NYSE:FIT is no different, with its price fluctuating dramatically within short periods. As such, if the market goes against you, then you will end up facing a loss. We advice you to do research first before investing in Fitbit stock.
How do you trade Fitbit stocks?
You can trade stocks by first opening an account with a regulated platform and making a deposit in US dollars, EUROs or other currency. Next, search for Fitbit stock and choose from a buy or sell order – depending on whether you think the stock asset will rise or fall in value. If you speculated on NYSE:FIT stocks correctly, you will have made a profit. The size of your trading profit will ultimately be determined by your stake and at what percentage your position grew.
How to sell Fitbit stock?
To sell your NYSE:FIT stocks investment, you can sign in to your broker account and cash out directly from within your portfolio. If you have stored the stocks elsewhere, you will first have to transfer them to a third-party provider or broker to cash out.
What is the best Fitbit stock trading platform?
eToro, is a top-rated platform for beginners, albeit, it charges significantly lower fees. For example, there are no fees to deposit with a debit/credit card and you only need to cover the spread when trading NYSE:FIT stock.
Stephen knows a lot about financial products and in particular has a great passion for the stock markets and its participants. We hope that the information provided will help you. Something not quite clear? Please leave your questions or comments at the bottom of the page.
| Our score ★★★★★ | |
| Our score ★★★★★ | |
| Our score ★★★★★ |
Newsletter
Recent News
| |
Our score |
0% commission |
Realtime Stocks & Crypto data
Notifications, Tips & News
Best Stocks & Crypto Guides
Online Broker & Exchange Reviews
Reportlab Finance is purely an informative website and in no case implies investment advice. All investments carry risks and you can lose all your investments. Do not invest money that you cannot afford to lose.
Reportlab Finance
38 Holburn Lane
Heckfield Green
IP21 0UB
United Kingdom
Copyright © 2022 Reportlab.Finance | All rights reserved.
