|Bid||6.10 x 1000|
|Ask||6.11 x 800|
|Day's Range||6.03 - 6.15|
|52 Week Range||4.23 - 7.79|
|Beta (3Y Monthly)||1.34|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 25, 2019 - Mar 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.63|
Reports of a settlement between Apple and technology company Valencell Inc., emerged on Tuesday concerning a patent dispute over heart rate sensor technology used in the Apple Watch.
# Fitbit Inc ### NYSE:FIT View full report here! ## Summary * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate and declining * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is moderate for FIT with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on January 2. ## Money flow ETF/Index ownership | Negative ETF activity is negative and may be weakening. The net inflows of $210 million over the last one-month into ETFs that hold FIT are among the lowest of the last year and appear to be slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to email@example.com. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
The search giant is looking to accelerate its smartwatch road map in an effort to catch up to the competition.
Key Tech Sector Updates: Google, Apple, and Roku(Continued from Prior Part)Apple is reportedly in talks with Medicare to subsidize Watch Apple’s (AAPL) new ECG (electrocardiogram) feature on its latest smartwatch has already seemed to have saved
U.S. equities are hanging around the unchanged line on Thursday as the bad memories from December's harrowing decline fade away -- replaced by a steady bid under stock priced fueled by a newly dovish Federal Reserve and aggressive policy support out of China. Major technical support levels are being challenges. The S&P 500 is contending with its 50-day moving average is it tries to stay above the 2,600 level. The Dow Jones Industrial Average faces the same situation, only its support level is the 24,000 threshold. Many unknowns remain. Will the government ever reopen? Will the shutdown push the economy into recession this quarter? Will corporate profits slow? Is the Fed actually going to pause its rate hikes? InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 7 Stocks to Buy as the Dollar Weakens Despite all the crosswinds, a number of large-cap tech stocks and technology-related companies are pushing higher. Here are five to watch: ### Tech Stocks: Netflix (NFLX) Netflix (NASDAQ:NFLX) shares have pushed up and over their 200-day moving average, setting the stage for a run at the highs last set in early October. This makes a whopping 52% rise off of the late December low. Morgan Stanley recently published a bullish note on the company, citing its ability to push through a price increase to subscribers. The company will next report results tonight after the close. Analysts are looking for earnings of 24 cents per share on revenues of $4.2 billion. When the company last reported on Oct. 16, earnings of 89 cents per share beat estimates by 21 cents on a 34% rise in revenues. ### Salesforce (CRM) Shares of tech stock Salesforce (NYSE:CRM) have broken above its multimonth resistance near $145 to push to levels last seen in October. Watch for a challenge of the previous high near $160, which would be worth a gain of more than 8% from here. Analysts at Atlantic Equities recently initiated coverage with an "overweight" rating. * 10 Growth Stocks With the Future Written All Over Them The company will next report results on Feb. 26 after the close. Analysts are looking for earnings of 56 cents per share on revenues of $3.6 billion. When the company last reported on Nov. 27, earnings of 61 cents beat estimates by 11 cents on a 25.6% rise in revenues. ### Microsoft (MSFT) Microsoft (NASDAQ:MSFT) shares have rising up and over critical resistance from the 50-day and 200-day moving averages. Watch for a run at the December highs, which would be worth a gain of nearly 6% from here. The company continues to find success with its gaming and cloud businesses, with new reports its planning a streaming game service for its Xbox console. The company will next report results on Jan. 30 after the close. Analysts are looking for earnings of $1.09 per share on revenues of $32.5 billion. When the company last reported on Oct. 24, earnings of $1.14 per share beat estimates by 18 cents on an 18.5% rise in revenues. ### Square (SQ) Square (NYSE:SQ) is enjoying a share price move above its 200-day and 50-day moving averages, setting up a run at the early November highs which would be worth a gain of more than 14% from here. Shares were recently upgraded to "outperform" by analysts at Wolfe Research. * 8 Dividend Stocks With Growth on the Horizon The company is set to report results on Feb. 26. Analysts are looking for earnings of 13 cents per share on revenues of $453.8 million. When the company last reported on Nov. 7, earnings of 13 cents per share beat estimates by two cents on a 67.7% rise in revenues. ### Fitbit (FIT) Fitbit (NYSE:FIT) shares are challenging the highs from a long consolidation range going back to July. As the company focuses on entry level wearables, it's set to benefit from ongoing strength in the market: IDC says global shipments of wearable devices are set to reach 125.3 million for 2018, up 8.5% from the previous year. The tech stock will next report results on Feb. 25 after the close. Analysts are looking for earnings of 7 cents per share on revenues of $568.8 million. When the company last reported on Oct. 31, earnings of 4 cents per share beat estimates by 5 cents on a 0.3% rise in revenues. As of this writing, William Roth did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits Compare Brokers The post 5 Big Tech Stocks on the Move appeared first on InvestorPlace.
One of Apple's (NASDAQ:AAPL) bright spots for 2018 was the Apple Watch. The smartwatch continues to lead the industry in sales, and saw significant growth in 2018. With the release of the Series 4 in September, AAPL introduced advanced health features, and that move is showing signs of paying off in a big way. The company is reportedly in talks with private Medicare plans about subsidizing the Apple Watch for seniors. 2019 may be starting off on a rough note when it comes to iPhone sales, but as it approaches its fourth birthday, the Apple Watch is poised to contribute a bigger share to AAPL revenue -- without depending on consumers to open their wallets. ### Report: AAPL in Talks With Private Medicare Plans CNBC reports that Apple is in talks with at least three private Medicare plans about providing a subsidized Apple Watch to members over age 65. InvestorPlace - Stock Market News, Stock Advice & Trading Tips * Top 10 Global Stock Ideas for 2019 From RBC Capital Introduced last September, the Apple Watch Series 4 (read our review here) incorporates advanced new health features, including a built-in ECG test and fall detection. The Apple Watch competes with smartwatches like those from Fitbit (NYSE:FIT), which offer health features like heart rate tracking, but lack the capabilities AAPL introduced in the fall. According to CNBC, there are currently about 19 million seniors enrolled in a Medicare Advantage plan. That's notable because this tier of plans receives government payouts averaging $10,000 per member, giving more flexibility for the plan providers to invest in new preventative technology. AAPL is making the case for some of that cash to go toward purchasing an Apple Watch. ### Spending Money to Save Money How would the economics of giving an Apple Watch to a member work in favor of the insurers? After all, an Apple Watch Series 4 starts at $399. The 2017 Series 3 -- which still has many health features but lacks ECG and fall detection- goes for $279 and up. That is a significant investment. CNBC quoted the CEO of Medicare Advantage plan provider Bright Health, who said, "Avoiding one emergency room visit would more than pay for the device." In addition, if AAPL can show that the Apple Watch could help Medicare members detect potentially serious health problems before they reach the stage where a costly medical intervention is required, insurers would count that as a big win. According to data from the National Bureau of Economic Research, the average cost to health insurers for the first 90 days after a heart attack is $38,501. In addition, Medicare pays an additional $14,000 per patient in hospital bills the year following a heart attack, with more costs for outpatient treatment and physicians. That's well over $52,000 in one year. In comparison, $279 or $399 for an Apple Watch that could help to detect an underlying heart condition for treatment that prevents a heart attack suddenly seems like a bargain… ### Apple Watch Could Be Poised for Big Growth When the Apple Watch first launched in 2015, it failed to meet lofty sales expectations. The device dominated the fledgling smartwatch market, but lacked mass market appeal. AAPL quickly pivoted and began to reposition its smartwatch for the fitness crowd with positive results. In 2018, the company continued to push fitness capabilities, but added a focus on health to the mix with the Apple Watch Series 4. In Q3 2018, AAPL saw 54% growth in sales for its smartwatch. Apple has already been successful in convincing other health industry companies to provide subsidized Apple Watches. For example, CNBC points to a 2017 deal with life insurance company John Hancock that provided an Apple Watch for $25 to members of its Vitality plan who committed to exercising regularly for two years. * 7 Stocks to Buy as the Dollar Weakens At a time when the company -- and Apple stock -- is feeling the effect of declining demand for its bread and butter iPhone, the Apple Watch has potential. And if AAPL is successful in tapping the health market, Apple Watch sales could explode far beyond consumer levels. As of this writing, Brad Moon did not hold a position in any of the aforementioned securities. ### More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Growth Stocks With the Future Written All Over Them * 7 Reasons Why Buffett's Bet on Apple Stock Is a Good One * 10 Companies That Could Post Decelerating Profits Compare Brokers The post Apple Talking to Medicare About Apple Watch for Seniors appeared first on InvestorPlace.
Fitbit is following a stellar 2018, which saw it bounce back to profit thanks in part to its Versa smartwatch, by diving even further into healthcare. As part of a new team-up with the National Institutes of Health (NIH), Fitbit is letting users sync their accounts with the All of Us research program: a US-wide initiative that wants to use data based on "individual differences in lifestyle, environment, and biology" to help treat and prevent diseases. Announced in 2015, the program aims to include insights from at least one million participants to help deliver precision medicine.
With the advent of artificial intelligence, big data, vehicle automation, and a plethora of other futuristic developments coming out of the space, it makes sense that investors are interested in the development of companies from the multi-billion dollar industry, and as a result of the recent increase of favorable public opinions, the tech industry may see gains as a result of this industry gaining favorable market opinion. XSport Global, Inc. (XSPT), Ability Inc (ABIL), STMicroelectronics NV (STM), and Fitbit Inc (FIT) are 4 tech stocks representing companies innovating towards the future. In late-November 2018, XSport Global, Inc. (XSPT) announced their rapid development of FitLinkDNA, a service designed to help athletes train, compete, and perform at their full capacity.
Fitbit (FIT), the leading global wearables brand, and the National Institutes of Health (NIH) today launched the Fitbit Bring-Your-Own-Device (BYOD) project, the first digital health technology initiative for the All of Us Research Program. Fitbit users currently enrolled in the program can now choose to sync their Fitbit accounts to help researchers unlock deeper insights into the relationships between health indicators such as physical activity, heart rate, sleep and health outcomes. Participants will be invited to share different types of health information over time through surveys, electronic health records, physical measurements, biosamples and digital health technologies.
Alphabet Updates: Lawsuits, EU Expansion, Malta, and Verily(Continued from Prior Part)Verily raises funds for acquisitionsAlphabet’s (GOOGL) Verily subsidiary recently raised $1.0 billion in additional capital from a group of investors led by
Shares of the fitness bracelet and smartwatch maker are beating the market so far this year, but staying in the black after three years of double-digit declines won't be easy.
# Fitbit Inc ### NYSE:FIT View full report here! ## Summary * Bearish sentiment is moderate and declining * Economic output in this company's sector is expanding ## Bearish sentiment Short interest | Positive Short interest is moderate for FIT with between 5 and 10% of shares outstanding currently on loan. However, this was an improvement in sentiment as investors who seek to profit from falling equity prices reduced their short positions on January 2. ## Money flow ETF/Index ownership | Neutral ETF activity is neutral. The net inflows of $4.72 billion over the last one-month into ETFs that hold FIT are not among the highest of the last year and have been slowing. ## Economic sentiment PMI by IHS Markit | Positive According to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is strong relative to the trend shown over the past year, and is accelerating. ## Credit worthiness Credit default swap CDS data is not available for this security. Please send all inquiries related to the report to firstname.lastname@example.org. Charts and report PDFs will only be available for 30 days after publishing. This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
On May 9th, 2018, another user submitted a new topic for discussion, titled, "Add pregnancy for more accurate cycle prediction in Female Health Tracking." It's still active and its status is currently, "Reviewed by moderator." In the thread, community managers respond to some users, calling their suggestions for pregnancy features "interesting" and "useful." The most recent moderator response is from December 17th, and it reads, "Hopefully we will have support from other users since more votes and comments an idea has the more visibility and momentum it gains." The thread has 180 comments and 1,014 upvotes (and counting). There are numeroussimilar threads on MyFitnessPal forums, also dating back to 2013. The most lauded option is the Withings Pregnancy Tracker in the Health Mate app, which ideally connects to a Nokia smart scale and can use imported data from MyFitnessPal.