Fevertree Drinks (LON:FEVR) Issues Earnings Results

Fevertree Drinks (LON:FEVR) posted its quarterly earnings data on Tuesday. The company reported GBX 18.78 EPS for the quarter, Digital Look Earnings reports. Fevertree Drinks had a return on equity of 9.32% and a net margin of 6.95%.

Fevertree Drinks Price Performance

Fevertree Drinks stock opened at GBX 774.09 on Thursday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 3.21 and a current ratio of 3.57. Fevertree Drinks has a 52 week low of GBX 691 and a 52 week high of GBX 1,020. The stock has a market capitalization of £894.19 million, a P/E ratio of 36.55, a price-to-earnings-growth ratio of -4.51 and a beta of 1.09. The stock has a fifty day moving average of GBX 887.69 and a 200-day moving average of GBX 851.90.

Analyst Upgrades and Downgrades

FEVR has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. upped their target price on Fevertree Drinks from GBX 850 to GBX 900 and gave the company a “neutral” rating in a research report on Wednesday, November 26th. Deutsche Bank Aktiengesellschaft raised their price target on Fevertree Drinks from GBX 840 to GBX 900 and gave the stock a “hold” rating in a research report on Wednesday. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,100 price objective on shares of Fevertree Drinks in a research report on Thursday. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 920 price objective on shares of Fevertree Drinks in a research note on Thursday. One research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of GBX 955.

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.