National Beverage (FIZZ) to Release Quarterly Earnings on Thursday

National Beverage (NASDAQ:FIZZ) is anticipated to post its results before the market opens on Thursday, December 11th. Analysts expect National Beverage to post earnings of $0.5150 per share and revenue of $292.6580 million for the quarter.

National Beverage (NASDAQ:FIZZ) last released its quarterly earnings results on Thursday, September 11th. The company reported $0.60 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.60. The firm had revenue of $330.52 million during the quarter, compared to analysts’ expectations of $354.18 million. National Beverage had a return on equity of 43.51% and a net margin of 15.45%.

National Beverage Stock Performance

National Beverage stock traded up $0.09 on Tuesday, reaching $34.02. The company’s stock had a trading volume of 38,918 shares, compared to its average volume of 226,763. The business’s fifty day moving average price is $34.86 and its 200 day moving average price is $40.61. The company has a market cap of $3.18 billion, a price-to-earnings ratio of 17.10 and a beta of 0.52. National Beverage has a twelve month low of $32.21 and a twelve month high of $48.51.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. Advisory Services Network LLC bought a new position in National Beverage in the third quarter valued at approximately $39,000. Brown Brothers Harriman & Co. lifted its stake in shares of National Beverage by 213.5% in the 3rd quarter. Brown Brothers Harriman & Co. now owns 1,066 shares of the company’s stock valued at $39,000 after purchasing an additional 726 shares during the period. Osaic Holdings Inc. grew its stake in shares of National Beverage by 72.5% during the second quarter. Osaic Holdings Inc. now owns 1,018 shares of the company’s stock worth $44,000 after purchasing an additional 428 shares during the period. Tower Research Capital LLC TRC grew its stake in shares of National Beverage by 116.8% during the second quarter. Tower Research Capital LLC TRC now owns 2,313 shares of the company’s stock worth $100,000 after purchasing an additional 1,246 shares during the period. Finally, PharVision Advisers LLC bought a new stake in National Beverage in the third quarter valued at about $217,000. Institutional investors own 23.95% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Weiss Ratings reiterated a “hold (c-)” rating on shares of National Beverage in a research report on Friday, October 31st. UBS Group set a $35.00 target price on shares of National Beverage and gave the stock a “sell” rating in a research note on Friday. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Reduce” and an average target price of $35.00.

About National Beverage

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company's Power+ brand portfolio offers sparkling water products under the LaCroix, LaCroix Cúrate, and LaCroix NiCola; non-carbonated flavored water under the Clear Fruit; energy drink and shots under the Rip It; juice and juice-based products under Everfresh, Everfresh Premier Varietals, and Mr.