National Beverage Corp. (NASDAQ:FIZZ) Lowered to “Underperform” at Credit Suisse Group

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.

COPYRIGHT VIOLATION NOTICE: “[[title]]” was originally posted by [[site]] and is the property of of [[site]]. If you are accessing this news story on another publication, it was illegally stolen and republished in violation of United States and international copyright and trademark laws. The correct version of this news story can be viewed at [[permalink]].

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.