FIZZ has been the subject of several other research reports. Zacks Investment Research cut National Beverage from a hold rating to a sell rating in a research note on Tuesday, November 12th. BidaskClub lowered shares of National Beverage from a buy rating to a hold rating in a research note on Tuesday, January 7th. Finally, Jefferies Financial Group reduced their price target on shares of National Beverage from $32.00 to $30.00 and set an underperform rating for the company in a research report on Monday, November 11th. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the stock. The company has an average rating of Hold and a consensus target price of $46.69.
Shares of FIZZ opened at $47.09 on Wednesday. The stock has a 50-day simple moving average of $50.41 and a 200-day simple moving average of $45.82. The company has a debt-to-equity ratio of 0.09, a quick ratio of 2.93 and a current ratio of 3.56. National Beverage has a 1 year low of $38.28 and a 1 year high of $84.88. The stock has a market capitalization of $2.19 billion, a PE ratio of 15.70, a PEG ratio of 9.75 and a beta of 1.27.
National Beverage (NASDAQ:FIZZ) last issued its quarterly earnings results on Thursday, December 5th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.02. The company had revenue of $252.00 million during the quarter, compared to the consensus estimate of $250.12 million. National Beverage had a net margin of 12.10% and a return on equity of 33.70%. The firm’s quarterly revenue was down 3.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.88 earnings per share. Analysts predict that National Beverage will post 2.42 EPS for the current year.
A number of institutional investors have recently bought and sold shares of FIZZ. Envestnet Asset Management Inc. raised its holdings in National Beverage by 171.6% during the second quarter. Envestnet Asset Management Inc. now owns 12,174 shares of the company’s stock worth $543,000 after purchasing an additional 7,692 shares in the last quarter. Wells Fargo & Company MN increased its position in National Beverage by 54.4% during the 2nd quarter. Wells Fargo & Company MN now owns 160,806 shares of the company’s stock worth $7,177,000 after purchasing an additional 56,646 shares during the period. JPMorgan Chase & Co. raised its stake in shares of National Beverage by 37.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 92,208 shares of the company’s stock worth $4,062,000 after buying an additional 25,190 shares in the last quarter. Janus Henderson Group PLC raised its stake in shares of National Beverage by 52.0% during the 2nd quarter. Janus Henderson Group PLC now owns 14,271 shares of the company’s stock worth $637,000 after buying an additional 4,881 shares in the last quarter. Finally, Bank of Montreal Can lifted its holdings in shares of National Beverage by 2,615.5% in the 2nd quarter. Bank of Montreal Can now owns 6,490 shares of the company’s stock valued at $290,000 after buying an additional 6,251 shares during the period. 35.30% of the stock is owned by institutional investors.
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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