National Beverage (NASDAQ:FIZZ)‘s stock had its “sell” rating reiterated by Credit Suisse Group in a research report issued on Friday.

A number of other brokerages have also recently commented on FIZZ. Maxim Group reiterated a “sell” rating and set a $40.00 price target (up from $33.00) on shares of National Beverage in a research report on Friday, September 8th. Susquehanna Bancshares set a $160.00 price target on shares of National Beverage and gave the company a “buy” rating in a research report on Sunday. UBS upgraded shares of National Beverage from a “neutral” rating to a “positive” rating in a research report on Monday, November 20th. Finally, BidaskClub upgraded shares of National Beverage from a “hold” rating to a “buy” rating in a research report on Saturday, December 2nd. Two research analysts have rated the stock with a sell rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of $94.00.

Shares of National Beverage (NASDAQ:FIZZ) traded down $11.91 during midday trading on Friday, reaching $100.84. 838,800 shares of the company’s stock were exchanged, compared to its average volume of 322,025. National Beverage has a twelve month low of $45.40 and a twelve month high of $129.82. The company has a market capitalization of $4,699.22, a PE ratio of 37.49 and a beta of 0.53.

National Beverage (NASDAQ:FIZZ) last issued its quarterly earnings results on Thursday, December 7th. The company reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.68 by $0.04. National Beverage had a net margin of 13.80% and a return on equity of 54.30%. The business had revenue of $244.10 million for the quarter, compared to analysts’ expectations of $239.11 million. During the same period last year, the business earned $0.53 earnings per share. The business’s quarterly revenue was up 20.1% on a year-over-year basis.

Several institutional investors have recently modified their holdings of the company. Alps Advisors Inc. grew its holdings in shares of National Beverage by 0.3% in the second quarter. Alps Advisors Inc. now owns 6,489 shares of the company’s stock worth $607,000 after purchasing an additional 17 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of National Beverage by 1.0% in the second quarter. American Century Companies Inc. now owns 20,384 shares of the company’s stock worth $1,907,000 after purchasing an additional 194 shares during the last quarter. C M Bidwell & Associates Ltd. grew its holdings in shares of National Beverage by 10.7% in the second quarter. C M Bidwell & Associates Ltd. now owns 2,325 shares of the company’s stock worth $218,000 after purchasing an additional 225 shares during the last quarter. First Trust Advisors LP grew its holdings in shares of National Beverage by 0.8% in the second quarter. First Trust Advisors LP now owns 28,177 shares of the company’s stock worth $2,636,000 after purchasing an additional 236 shares during the last quarter. Finally, Schwab Charles Investment Management Inc. grew its holdings in shares of National Beverage by 0.7% in the second quarter. Schwab Charles Investment Management Inc. now owns 52,784 shares of the company’s stock worth $4,939,000 after purchasing an additional 377 shares during the last quarter. Hedge funds and other institutional investors own 21.40% of the company’s stock.

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National Beverage 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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