Fevertree Drinks (LON:FEVR – Get Free Report) issued its quarterly earnings data on Thursday. The company reported GBX 9.50 earnings per share for the quarter, Digital Look Earnings reports. Fevertree Drinks had a net margin of 6.95% and a return on equity of 9.32%.
Fevertree Drinks Trading Down 5.7%
Shares of FEVR traded down GBX 47 during trading hours on Thursday, reaching GBX 770.50. The stock had a trading volume of 744,281 shares, compared to its average volume of 718,159. The firm has a 50-day moving average of GBX 831.22 and a 200 day moving average of GBX 823.32. The company has a quick ratio of 3.21, a current ratio of 3.57 and a debt-to-equity ratio of 1.70. The company has a market cap of £859.15 million, a P/E ratio of 41.38, a P/E/G ratio of -4.51 and a beta of 1.14. Fevertree Drinks has a 52 week low of GBX 711 and a 52 week high of GBX 973.
Wall Street Analysts Forecast Growth
FEVR has been the topic of a number of research reports. Berenberg Bank restated a “hold” rating and issued a GBX 780 price objective on shares of Fevertree Drinks in a report on Tuesday, June 16th. Jefferies Financial Group increased their price objective on shares of Fevertree Drinks from GBX 1,080 to GBX 1,100 and gave the stock a “buy” rating in a report on Thursday, July 30th. One equities research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of GBX 920.
Fevertree Drinks Company Profile
Fevertree Drinks PLC, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. It offers Indian, Mediterranean, summer garden, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; pink grapefruit, soda water, raspberry and orange blossom, Mexican lime, Italian blood orange, white grape and apricot sodas; Silician, premium, and Madagascan cola and lemonades; British apple with garden mint, ginger, Sicilian lemonade, sparkling Mexican lime, Italian white grape and apricot, and light raspberry and rose lemonade softdrinks; and gingers.
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