Analysts expect that National Beverage Corp. (NASDAQ:FIZZ) will report earnings of $0.66 per share for the current fiscal quarter, according to Zacks. Two analysts have made estimates for National Beverage’s earnings, with the lowest EPS estimate coming in at $0.62 and the highest estimate coming in at $0.70. National Beverage posted earnings per share of $0.88 in the same quarter last year, which suggests a negative year over year growth rate of 25%. The firm is scheduled to report its next earnings results on Thursday, December 5th.
On average, analysts expect that National Beverage will report full year earnings of $2.51 per share for the current year, with EPS estimates ranging from $2.44 to $2.57. For the next fiscal year, analysts expect that the firm will post earnings of $2.43 per share, with EPS estimates ranging from $2.15 to $2.70. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that cover National Beverage.
National Beverage (NASDAQ:FIZZ) last posted its quarterly earnings data on Thursday, September 5th. The company reported $0.74 EPS for the quarter, missing the Zacks’ consensus estimate of $0.77 by ($0.03). National Beverage had a return on equity of 35.66% and a net margin of 12.85%. The company had revenue of $263.57 million for the quarter, compared to the consensus estimate of $272.85 million. During the same quarter last year, the business earned $1.04 EPS. National Beverage’s revenue was down 9.9% on a year-over-year basis.
Institutional investors and hedge funds have recently modified their holdings of the company. Kayne Anderson Rudnick Investment Management LLC increased its stake in shares of National Beverage by 1.8% in the 1st quarter. Kayne Anderson Rudnick Investment Management LLC now owns 849,115 shares of the company’s stock valued at $49,019,000 after purchasing an additional 14,979 shares during the last quarter. GAM Holding AG bought a new position in shares of National Beverage in the 2nd quarter valued at $448,000. Connor Clark & Lunn Investment Management Ltd. increased its stake in shares of National Beverage by 191.9% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 16,125 shares of the company’s stock valued at $720,000 after purchasing an additional 10,600 shares during the last quarter. RK Asset Management LLC increased its stake in shares of National Beverage by 37.1% in the 2nd quarter. RK Asset Management LLC now owns 180,101 shares of the company’s stock valued at $8,038,000 after purchasing an additional 48,733 shares during the last quarter. Finally, Bbva USA Bancshares Inc. bought a new position in shares of National Beverage in the 2nd quarter valued at $245,000. Institutional investors own 32.99% of the company’s stock.
National Beverage stock traded up $0.30 during mid-day trading on Wednesday, reaching $46.14. 10,221 shares of the company were exchanged, compared to its average volume of 440,567. The company has a fifty day simple moving average of $43.68 and a 200-day simple moving average of $47.78. National Beverage has a 12 month low of $38.28 and a 12 month high of $105.39. The company has a debt-to-equity ratio of 0.12, a current ratio of 3.12 and a quick ratio of 2.50. The firm has a market cap of $2.28 billion, a PE ratio of 15.36, a PEG ratio of 9.74 and a beta of 1.32.
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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