Fevertree Drinks (LON:FEVR) Announces Quarterly Earnings Results

Fevertree Drinks (LON:FEVR) released its earnings results on Tuesday. The company reported GBX 28.01 ($0.36) earnings per share for the quarter, Digital Look Earnings reports. Fevertree Drinks had a return on equity of 9.30% and a net margin of 6.05%.

Fevertree Drinks Trading Up 1.3 %

Fevertree Drinks stock traded up GBX 10.50 ($0.14) during trading hours on Thursday, hitting GBX 798.50 ($10.28). The company had a trading volume of 410,478 shares, compared to its average volume of 828,412. The firm has a market cap of £1.02 billion, a P/E ratio of 42.50, a P/E/G ratio of -4.51 and a beta of 1.07. The company has a 50-day moving average price of GBX 714.07 and a two-hundred day moving average price of GBX 722.55. Fevertree Drinks has a 1 year low of GBX 608.50 ($7.83) and a 1 year high of GBX 1,220 ($15.71). The company has a debt-to-equity ratio of 1.50, a quick ratio of 3.21 and a current ratio of 4.11.

Fevertree Drinks Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 20th. Investors of record on Thursday, May 15th will be issued a dividend of GBX 11.12 ($0.14) per share. This is a positive change from Fevertree Drinks’s previous dividend of $5.85. The ex-dividend date is Thursday, May 15th. This represents a yield of 1.43%. Fevertree Drinks’s dividend payout ratio (DPR) is presently 90.49%.

Insider Activity

In other Fevertree Drinks news, insider Andrew Branchflower acquired 31,688 shares of the business’s stock in a transaction that occurred on Thursday, January 30th. The shares were bought at an average cost of GBX 785 ($10.11) per share, with a total value of £248,750.80 ($320,266.25). Insiders own 10.56% of the company’s stock.

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.