National Beverage Corp. (FIZZ) Getting Very Favorable Press Coverage, Analysis Shows
Media coverage about National Beverage Corp. (NASDAQ:FIZZ) has been trending very positive on Thursday, AlphaOne Sentiment reports. The research group, a subsidiary of Accern, rates the sentiment of press coverage by reviewing more than 20 million news and blog sources. AlphaOne ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. National Beverage Corp. earned a news impact score of 0.65 on AlphaOne’s scale. AlphaOne also assigned media headlines about the company an impact score of 0 out of 100, meaning that recent press coverage is extremely unlikely to have an impact on the company’s share price in the near term.
FIZZ has been the topic of several analyst reports. Maxim Group initiated coverage on shares of National Beverage Corp. in a report on Wednesday, May 3rd. They issued a “sell” rating and a $33.00 target price on the stock. Credit Suisse Group AG lowered shares of National Beverage Corp. from an “outperform” rating to a “neutral” rating and set a $82.00 price objective on the stock. in a report on Friday, April 21st.
Shares of National Beverage Corp. (NASDAQ:FIZZ) traded up 0.47% during midday trading on Thursday, hitting $93.19. 205,679 shares of the company were exchanged. The firm’s 50 day moving average price is $87.00 and its 200 day moving average price is $64.73. National Beverage Corp. has a one year low of $39.14 and a one year high of $94.13. The firm has a market capitalization of $4.34 billion, a price-to-earnings ratio of 45.53 and a beta of 0.57.
National Beverage Corp. (NASDAQ:FIZZ) last announced its earnings results on Thursday, March 9th. The company reported $0.52 EPS for the quarter, beating the Zacks’ consensus estimate of $0.39 by $0.13. National Beverage Corp. had a net margin of 10.83% and a return on equity of 36.81%. The firm had revenue of $194.60 million for the quarter, compared to analysts’ expectations of $179.47 million. The business’s revenue for the quarter was up 20.3% on a year-over-year basis. Analysts forecast that National Beverage Corp. will post $2.26 EPS for the current fiscal year.
About National Beverage Corp.
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.