National Beverage Corp. (NASDAQ:FIZZ) has been given a $108.00 target price by investment analysts at Susquehanna Bancshares Inc in a report released on Monday, October 23rd. The brokerage presently has a “hold” rating on the stock. Susquehanna Bancshares Inc’s price target points to a potential upside of 12.02% from the company’s current price.
A number of other research analysts have also recently commented on the company. Maxim Group reissued a “sell” rating and issued a $40.00 price target (up from $33.00) on shares of National Beverage Corp. in a report on Friday, September 8th. Credit Suisse Group cut National Beverage Corp. from a “neutral” rating to an “underperform” rating and set a $82.00 price objective on the stock. in a report on Friday, July 21st.
National Beverage Corp. (NASDAQ FIZZ) traded down $0.47 during midday trading on Monday, reaching $96.41. The company had a trading volume of 244,400 shares, compared to its average volume of 313,909. National Beverage Corp. has a 52 week low of $45.40 and a 52 week high of $129.82. The company has a market cap of $4,513.17, a P/E ratio of 38.75 and a beta of 0.49.
National Beverage Corp. (NASDAQ:FIZZ) last posted its quarterly earnings data on Thursday, September 7th. The company reported $0.82 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.74 by $0.08. National Beverage Corp. had a return on equity of 49.70% and a net margin of 13.38%. The firm had revenue of $259.83 million for the quarter.
A number of institutional investors have recently made changes to their positions in the business. Alps Advisors Inc. grew its position in National Beverage Corp. by 0.3% in the 2nd quarter. Alps Advisors Inc. now owns 6,489 shares of the company’s stock valued at $607,000 after acquiring an additional 17 shares during the last quarter. American Century Companies Inc. grew its position in shares of National Beverage Corp. by 1.0% during the 2nd quarter. American Century Companies Inc. now owns 20,384 shares of the company’s stock worth $1,907,000 after buying an additional 194 shares in the last quarter. C M Bidwell & Associates Ltd. grew its position in shares of National Beverage Corp. by 10.7% during the 2nd quarter. C M Bidwell & Associates Ltd. now owns 2,325 shares of the company’s stock worth $218,000 after buying an additional 225 shares in the last quarter. First Trust Advisors LP grew its position in shares of National Beverage Corp. by 0.8% during the 2nd quarter. First Trust Advisors LP now owns 28,177 shares of the company’s stock worth $2,636,000 after buying an additional 236 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. grew its position in shares of National Beverage Corp. by 0.7% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 52,784 shares of the company’s stock worth $4,939,000 after buying an additional 377 shares in the last quarter. 21.46% of the stock is currently owned by institutional investors.
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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