Two Stocks in Concentration: Fitbit Inc. (NYSE:FIT), Southwestern Energy Company (NYSE:SWN)

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Fitbit Inc. (NYSE:FIT)

Fitbit Inc. manufactures and markets wearable fitness-tracking devices. The Company’s product consists of Fitbit Zip, Fitbit One, Fitbit Flex, Fitbit Charge, Fitbit Charge HR, Fitbit Surge and Aria. It also offers accessories which include bands and clips, charging cables and Fitbit apparel. Fitbit Inc. is headquartered in San Francisco, California.

Fitbit Inc. (NYSE:FIT)’s Financial Overview

Fitbit Inc. (NYSE:FIT) declined -1.27% yesterday to close its trading session at $8.58. Fitbit Inc. has 52-Week high of $34.68 and 52-Week Low of $8.32. The stock touched its 52-Week High on Dec 7, 2015 and 52-Week Low on Nov 9, 2016. The stock traded with the volume of 14.07 Million shares yesterday. The firm shows the market capitalization of $1.94 Billion.

Fitbit Inc. (NYSE:FIT) reported its last quarterly earnings on Sep 16 where the firm reported its Actual EPS of $0.19/share against the analyst consensus estimate of $0.19/share. The difference between the actual and expected EPS is $0 a share with a surprise factor of 0%.

The firm is trading with SMA20 of -18.37 Percent, SMA50 of -34.64 Percent and SMA200 of -39.07 percent. Fitbit Inc. has P/S value of 0.84 while its P/B value stands at 1.71. Similarly, the company has Return on Assets of 6.2 percent, Return on Equity of 9.6 percent and Return on Investment of 24 Percent. The company shows Gross Margin and Operating Margin of 46.3 percent and 8 percent respectively.

Many brokerage firms are involved in issuing their ratings on Fitbit Inc. (NYSE:FIT). On 16-Nov-16 Pacific Crest Upgrade Fitbit Inc. Stock  to Sector Weight. Another firm also rated the stock on 4-Nov-16 where Barclays Downgrade the stock to Equal Weight.

The Stock currently has Analyst’ mean Recommendation of 2.9 where the scale is from 1 to 5, 1 means Strong Buy and 5 means Sell.

The 15 analysts offering 12-month price forecasts for Fitbit Inc have a median target of 10.00, with a high estimate of 18.00 and a low estimate of 8.00. The median estimate represents a +16.55% increase from the last price of 8.58.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

Southwestern Energy Company (NYSE:SWN)

Southwestern Energy Company is an energy company primarily focused on natural gas.  They are involved in the following business segments: Exploration and Production – Engaged in natural gas and oil exploration,  development and production. This represents their primary business; Natural Gas Distribution – Engaged in the gathering,  distribution and transmission of natural gas; Marketing and  Transportation – Provides marketing and transportation services in their core areas of operation and owns a 25% interest in the NOARK Pipeline System, Limited Partnership.

Southwestern Energy Company (NYSE:SWN)’s Financial Outlook

The 35 analysts offering 12-month price forecasts for Southwestern Energy Co have a median target of 14.00, with a high estimate of 20.00 and a low estimate of 9.00. The median estimate represents a +26.58% increase from the last price of 11.06.

Our vendor, Zacks Investment Research, hasn’t provided us with the upcoming earnings report date.

According to Zacks Investment Research, Southwestern Energy Company has a Consensus Recommendation of 2.99. (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell).

The Stock fell -1.16% and closed its last trading session at $11.06. The company has the market capitalization of $5.39 Billion. The stock has 52-week high of $15.59 and 52-Week low of $5. The firm touched its 52-Week high on Sep 8, 2016 and 52-Week low on Dec 17, 2015. The company has volume of 13.98 Million shares. The company has a total of 487.47 Million shares outstanding.

Southwestern Energy Company (NYSE:SWN) in the last quarter reported its actual EPS of $0.03/share where the analyst estimated EPS was $0.06/share. The difference between the actual and Estimated EPS is $-0.03. This shows a surprise factor of -50 percent.

The company has YTD performance of 55.56 percent. Beta for Southwestern Energy Company stands at 1.33 while its ATR (average true range) is 0.61. The company has Weekly Volatility of 4.75%% and Monthly Volatility of 5.35%%.

Southwestern Energy Company has distance from 20-day Simple Moving Average (SMA20) of 7.84%, Distance from 50-Day Simple Moving Average of -9.12 percent and Distance from 200-Day Simple Moving Average of -5.85%.

The Company currently has ROA (Return on Assets) of -60.2 percent, Return on Equity (ROE) of -362.7 Percent and Return on Investment (ROI) of -64.6% with Gross margin of 66.2 percent and Operating & Profit margin of 0% and 0% respectively.

 

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