Fevertree Drinks (LON:FEVR) Insider Purchases £348,457.20 in Stock

Fevertree Drinks PLC (LON:FEVR) insider Domenico De Lorenzo bought 44,674 shares of Fevertree Drinks stock in a transaction on Friday, September 11th. The shares were purchased at an average cost of GBX 780 per share, for a total transaction of £348,457.20.

Fevertree Drinks Stock Performance

Shares of Fevertree Drinks stock opened at GBX 838 on Thursday. The firm has a market cap of £934.41 million, a PE ratio of 45.01, a price-to-earnings-growth ratio of -4.51 and a beta of 1.14. The company has a quick ratio of 3.21, a current ratio of 3.16 and a debt-to-equity ratio of 1.89. Fevertree Drinks PLC has a 52 week low of GBX 711 and a 52 week high of GBX 973. The business’s fifty day simple moving average is GBX 832.77 and its 200-day simple moving average is GBX 818.03.

Fevertree Drinks (LON:FEVR) last issued its quarterly earnings data on Thursday, September 10th. The company reported GBX 9.50 earnings per share (EPS) for the quarter. Fevertree Drinks had a net margin of 7.29% and a return on equity of 11.88%. Equities analysts forecast that Fevertree Drinks PLC will post 38.3184173 earnings per share for the current year.

Analyst Ratings Changes

FEVR has been the topic of a number of research reports. Jefferies Financial Group upped their price target on Fevertree Drinks from GBX 1,080 to GBX 1,100 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Berenberg Bank restated a “hold” rating and set a GBX 780 target price on shares of Fevertree Drinks in a report on Monday. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of GBX 920.

About Fevertree Drinks

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.