National Beverage Corp. (NASDAQ:FIZZ) was downgraded by stock analysts at Credit Suisse Group from a “neutral” rating to an “underperform” rating in a research note issued on Friday, The Fly reports.
Separately, Maxim Group reiterated a “sell” rating and issued a $33.00 target price on shares of National Beverage Corp. in a research report on Thursday, July 13th.
National Beverage Corp. (NASDAQ:FIZZ) opened at 108.30 on Friday. National Beverage Corp. has a 12 month low of $39.14 and a 12 month high of $110.64. The firm has a market cap of $5.05 billion, a P/E ratio of 47.29 and a beta of 0.58. The company’s 50-day moving average is $94.83 and its 200 day moving average is $77.08.
National Beverage Corp. (NASDAQ:FIZZ) last released its earnings results on Thursday, July 13th. The company reported $0.62 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.60 by $0.02. National Beverage Corp. had a return on equity of 44.68% and a net margin of 12.95%. The firm had revenue of $212.10 million for the quarter, compared to analysts’ expectations of $213.50 million. The business’s quarterly revenue was up 18.5% on a year-over-year basis. Equities research analysts expect that National Beverage Corp. will post $2.71 EPS for the current fiscal year.
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National Beverage Corp. Company Profile
National Beverage Corp. is a holding company. The Company develops, produces, markets and sells a diverse portfolio of flavored beverage products primarily in North America. The Company’s brands consist of beverages geared to the active and health-conscious consumer (Power+ Brands), including sparkling waters, energy drinks and juices, and carbonated soft drinks in a range of flavors, including regular, sugar-free and reduced calorie options.
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