FY2020 EPS Estimates for National Beverage Corp. (NASDAQ:FIZZ) Cut by Jefferies Financial Group

Share on StockTwits

National Beverage Corp. (NASDAQ:FIZZ) – Jefferies Financial Group cut their FY2020 earnings per share (EPS) estimates for shares of National Beverage in a report issued on Sunday, November 10th. Jefferies Financial Group analyst K. Grundy now expects that the company will post earnings of $2.41 per share for the year, down from their previous estimate of $2.44. Jefferies Financial Group has a “Underperform” rating and a $30.00 price target on the stock. Jefferies Financial Group also issued estimates for National Beverage’s Q4 2020 earnings at $0.49 EPS, FY2021 earnings at $2.00 EPS and FY2022 earnings at $1.93 EPS.

Other analysts have also recently issued reports about the stock. UBS Group reduced their target price on shares of National Beverage from $45.00 to $44.00 and set a “neutral” rating for the company in a research note on Monday, September 9th. ValuEngine cut shares of National Beverage from a “buy” rating to a “hold” rating in a research note on Wednesday, November 6th. Zacks Investment Research cut shares of National Beverage from a “hold” rating to a “sell” rating in a research note on Tuesday. Finally, BidaskClub upgraded shares of National Beverage from a “sell” rating to a “hold” rating in a research note on Thursday, October 3rd. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. National Beverage currently has an average rating of “Hold” and an average target price of $56.88.

NASDAQ FIZZ opened at $43.30 on Tuesday. The company has a quick ratio of 2.50, a current ratio of 3.12 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $1.91 billion, a PE ratio of 14.43, a price-to-earnings-growth ratio of 8.19 and a beta of 1.26. The company has a 50 day moving average price of $46.23 and a two-hundred day moving average price of $46.11. National Beverage has a 12-month low of $38.28 and a 12-month high of $94.82.

National Beverage (NASDAQ:FIZZ) last posted its earnings results on Thursday, September 5th. The company reported $0.74 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.77 by ($0.03). The business had revenue of $263.57 million during the quarter, compared to analyst estimates of $272.85 million. National Beverage had a net margin of 12.85% and a return on equity of 35.66%. National Beverage’s revenue was down 9.9% compared to the same quarter last year. During the same quarter last year, the firm earned $1.04 earnings per share.

Several institutional investors have recently modified their holdings of FIZZ. RK Asset Management LLC lifted its stake in shares of National Beverage by 37.1% in the second quarter. RK Asset Management LLC now owns 180,101 shares of the company’s stock worth $8,038,000 after buying an additional 48,733 shares during the last quarter. WINTON GROUP Ltd lifted its stake in shares of National Beverage by 32.6% in the second quarter. WINTON GROUP Ltd now owns 8,120 shares of the company’s stock worth $362,000 after buying an additional 1,995 shares during the last quarter. Lourd Capital LLC acquired a new stake in shares of National Beverage in the second quarter worth $207,000. Capital Impact Advisors LLC lifted its stake in shares of National Beverage by 94.9% in the second quarter. Capital Impact Advisors LLC now owns 38,678 shares of the company’s stock worth $1,704,000 after buying an additional 18,828 shares during the last quarter. Finally, FDx Advisors Inc. acquired a new stake in shares of National Beverage in the second quarter worth $297,000. Institutional investors and hedge funds own 33.63% of the company’s stock.

National Beverage Company Profile

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company offers beverages to the active and health-conscious consumers, including sparkling waters, energy drinks, and juices under the LaCroix, LaCroix C├║rate, LaCroix NiCola, Shasta Sparkling Water, the Rip It, Everfresh, Everfresh Premier Varietals, and Mr.

Featured Story: What is diluted earnings per share (Diluted EPS)?

Earnings History and Estimates for National Beverage (NASDAQ:FIZZ)

Receive News & Ratings for National Beverage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Beverage and related companies with MarketBeat.com's FREE daily email newsletter.



Latest News

Seacoast Banking Co. of Florida  Expected to Post Quarterly Sales of $75.40 Million
Seacoast Banking Co. of Florida Expected to Post Quarterly Sales of $75.40 Million
Nestree Trading Up 17.9% This Week
Nestree Trading Up 17.9% This Week
SDChain Price Reaches $0.0012
SDChain Price Reaches $0.0012
Unify  Price Down 3.4% This Week
Unify Price Down 3.4% This Week
YoloCash Achieves Market Cap of $6,536.00
YoloCash Achieves Market Cap of $6,536.00
Brokerages Expect Brinker International, Inc.  to Post $0.96 EPS
Brokerages Expect Brinker International, Inc. to Post $0.96 EPS


© 2006-2019 Ticker Report