Lake Street Capital Begins Coverage on FitLife Brands (NASDAQ:FTLF)

Posted by Jared Coughlin on Mar 20th, 2025

Lake Street Capital assumed coverage on shares of FitLife Brands (NASDAQ:FTLF – Free Report) in a research note issued to investors on Monday morning, MarketBeat reports. The brokerage issued a buy rating and a $21.00 target price on the stock.

FitLife Brands Trading Up 3.1 %

Shares of FTLF stock opened at $13.52 on Monday. FitLife Brands has a 12-month low of $10.75 and a 12-month high of $17.75. The company has a current ratio of 1.50, a quick ratio of 0.64 and a debt-to-equity ratio of 0.28. The stock’s 50-day moving average price is $15.11 and its 200-day moving average price is $15.87. The stock has a market capitalization of $124.52 million, a price-to-earnings ratio of 16.00 and a beta of 0.95.

Institutional Investors Weigh In On FitLife Brands

Several large investors have recently added to or reduced their stakes in the stock. Barclays PLC purchased a new position in shares of FitLife Brands during the third quarter valued at approximately $91,000. Bard Associates Inc. purchased a new stake in shares of FitLife Brands in the fourth quarter valued at approximately $211,000. 683 Capital Management LLC purchased a new stake in shares of FitLife Brands in the fourth quarter valued at approximately $384,000. Northern Trust Corp purchased a new stake in shares of FitLife Brands in the fourth quarter valued at approximately $409,000. Finally, Geode Capital Management LLC boosted its holdings in shares of FitLife Brands by 5.4% in the third quarter. Geode Capital Management LLC now owns 22,157 shares of the company’s stock valued at $726,000 after purchasing an additional 1,144 shares during the period. 2.32% of the stock is owned by institutional investors.

About FitLife Brands

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FitLife Brands, Inc provides nutritional supplements for health-conscious consumers in the United States and internationally. The company provides weight loss, sports nutrition, and general health products; sports nutrition products; weight loss and sports nutrition products; sports nutrition and general wellness formulations with an emphasis on natural, vegan, and organic ingredients; and male health and weight loss products, as well as other diet, health, and sports nutrition supplements and related products; and value-oriented sports nutrition and weight loss products.