Fevertree Drinks (LON:FEVR) Insider Domenico De Lorenzo Acquires 44,674 Shares of Stock

Fevertree Drinks PLC (LON:FEVR) insider Domenico De Lorenzo bought 44,674 shares of the business’s stock in a transaction on Friday, September 11th. The shares were acquired at an average price of GBX 780 per share, with a total value of £348,457.20.

Fevertree Drinks Stock Performance

LON FEVR opened at GBX 803.50 on Monday. The company’s 50 day moving average is GBX 830.05 and its 200-day moving average is GBX 820.84. Fevertree Drinks PLC has a 12-month low of GBX 711 and a 12-month high of GBX 973. The company has a quick ratio of 3.21, a current ratio of 3.16 and a debt-to-equity ratio of 1.89. The firm has a market cap of £895.94 million, a P/E ratio of 43.15, a price-to-earnings-growth ratio of -4.51 and a beta of 1.14.

Fevertree Drinks (LON:FEVR) last released its quarterly earnings data on Thursday, September 10th. The company reported GBX 9.50 EPS for the quarter. Fevertree Drinks had a net margin of 7.29% and a return on equity of 11.88%. Sell-side analysts predict that Fevertree Drinks PLC will post 38.3184173 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on FEVR shares. Berenberg Bank reiterated a “hold” rating and issued a GBX 780 price target on shares of Fevertree Drinks in a research report on Monday. Jefferies Financial Group raised their target price on Fevertree Drinks from GBX 1,080 to GBX 1,100 and gave the stock a “buy” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price 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.