FIZZ has been the subject of several other research reports. Imperial Capital restated an outperform rating and set a $65.00 price objective (down previously from $150.00) on shares of National Beverage in a research report on Monday, July 1st. Guggenheim raised their price objective on shares of National Beverage to $45.00 and gave the company a sell rating in a research report on Thursday, May 30th. Maxim Group restated a hold rating on shares of National Beverage in a research report on Thursday, June 27th. Cfra lowered shares of National Beverage from a buy rating to a hold rating and set a $50.00 price objective for the company. in a research report on Tuesday, June 11th. Finally, Jefferies Financial Group reduced their price objective on shares of National Beverage from $34.00 to $33.00 and set an underperform rating for the company in a research report on Thursday, June 27th. Four research analysts have rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. The stock has an average rating of Hold and a consensus price target of $57.31.
National Beverage stock traded down $0.54 during trading hours on Thursday, hitting $46.53. 385,173 shares of the company traded hands, compared to its average volume of 446,472. The firm has a market cap of $2.12 billion, a P/E ratio of 15.51, a P/E/G ratio of 9.09 and a beta of 1.29. The company has a quick ratio of 2.50, a current ratio of 3.12 and a debt-to-equity ratio of 0.12. The firm’s 50-day simple moving average is $42.38 and its two-hundred day simple moving average is $50.13. National Beverage has a 1-year low of $38.28 and a 1-year high of $123.40.
National Beverage (NASDAQ:FIZZ) last released its earnings results on Thursday, September 5th. The company reported $0.74 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.77 by ($0.03). The company had revenue of $263.57 million for the quarter, compared to analyst estimates of $272.85 million. National Beverage had a net margin of 12.85% and a return on equity of 35.66%. The firm’s quarterly revenue was down 9.9% on a year-over-year basis. During the same period in the previous year, the business posted $1.04 EPS. On average, equities research analysts predict that National Beverage will post 2.51 earnings per share for the current year.
Several institutional investors and hedge funds have recently made changes to their positions in FIZZ. Royce & Associates LP acquired a new position in shares of National Beverage in the first quarter worth about $42,000. Resources Investment Advisors LLC. acquired a new position in shares of National Beverage in the second quarter worth about $45,000. Tower Research Capital LLC TRC boosted its holdings in shares of National Beverage by 28,600.0% in the second quarter. Tower Research Capital LLC TRC now owns 1,148 shares of the company’s stock worth $51,000 after buying an additional 1,144 shares during the period. Advisory Services Network LLC boosted its holdings in shares of National Beverage by 357.3% in the second quarter. Advisory Services Network LLC now owns 1,445 shares of the company’s stock worth $65,000 after buying an additional 1,129 shares during the period. Finally, Advisor Group Inc. boosted its holdings in shares of National Beverage by 107.2% in the second quarter. Advisor Group Inc. now owns 3,050 shares of the company’s stock worth $136,000 after buying an additional 1,578 shares during the period. Institutional investors own 32.97% of the company’s stock.
National Beverage Company Profile
National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company offers beverages to the active and health-conscious consumers, including sparkling waters, energy drinks, and juices under the LaCroix, LaCroix Cúrate, LaCroix NiCola, Shasta Sparkling Water, the Rip It, Everfresh, Everfresh Premier Varietals, and Mr.
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