FY2027 Earnings Forecast for Fitell Issued By Zacks Research

Fitell Corp (NASDAQ:GMEX) – Zacks Research issued their FY2027 earnings estimates for Fitell in a note issued to investors on Thursday, October 8th. Zacks Research analyst M. Marin forecasts that the company will earn ($18.31) per share for the year. Zacks Research also issued estimates for Fitell’s FY2028 earnings at ($4.57) EPS.

Several other equities research analysts have also recently issued reports on the stock. Wall Street Zen cut shares of Fitell from a “sell” rating to a “strong sell” rating in a research report on Saturday, July 25th. Weiss Ratings restated a “sell (d-)” rating on shares of Fitell in a research note on Friday, July 24th. One equities research analyst has rated the stock with a Sell rating. According to data from MarketBeat.com, Fitell has a consensus rating of “Sell”.

Fitell Trading Up 22.2%

GMEX stock opened at $2.09 on Wednesday. Fitell has a 12 month low of $1.55 and a 12 month high of $22,225.94. The business has a 50-day moving average of $6.32.

About Fitell

Founded in 2007 and headquartered in New South Wales, Australia, GD Wellness Pty Ltd (“GD”) is a wholly owned subsidiary of Fitell Corporation, a Cayman Islands company (together with its subsidiaries, “Fitell,”). We are an online retailer of gym and fitness equipment both under our proprietary brands and other brand names. Fitell’s mission is to build an ecosystem with a whole fitness and wellness experience powered by technology to our customers. GD has served over 100,000 customers with large portions of sales from repeat customers over the years, which we believe to be a testament of our product quality and brand loyalty.