Fevertree Drinks (LON:FEVR) Posts Quarterly Earnings Results

Fevertree Drinks (LON:FEVRGet Free Report) released its earnings results on Thursday. The company reported GBX 9.50 EPS for the quarter, Digital Look Earnings reports. Fevertree Drinks had a return on equity of 11.88% and a net margin of 7.29%.

Fevertree Drinks Stock Performance

Shares of LON FEVR opened at GBX 779 on Friday. 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’s 50-day moving average price is GBX 830.05 and its two-hundred day moving average price is GBX 821.73. Fevertree Drinks has a 52-week low of GBX 711 and a 52-week high of GBX 973. The stock has a market capitalization of £868.62 million, a P/E ratio of 41.84, a P/E/G ratio of -4.51 and a beta of 1.14.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on FEVR. Berenberg Bank restated a “hold” rating and issued a GBX 780 price target on shares of Fevertree Drinks in a research note 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 company a “buy” rating in a research note on Thursday, July 30th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of GBX 920.

Check Out Our Latest Analysis on Fevertree Drinks

About Fevertree Drinks

(Get Free Report)

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.

Further Reading

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