Fevertree Drinks (LON:FEVR) Posts Quarterly Earnings Results

Fevertree Drinks (LON:FEVR - Get Free Report) released its quarterly earnings results on Tuesday. The company reported GBX 28.01 ($0.36) EPS for the quarter, Digital Look Earnings reports. Fevertree Drinks had a net margin of 6.05% and a return on equity of 9.30%.

Fevertree Drinks Trading Up 6.0 %

Fevertree Drinks stock traded up GBX 47.50 ($0.61) during mid-day trading on Friday, hitting GBX 839.50 ($10.87). The stock had a trading volume of 522,186 shares, compared to its average volume of 822,414. The stock has a 50-day simple moving average of GBX 720.49 and a two-hundred day simple moving average of GBX 722.98. The company has a current ratio of 4.11, a quick ratio of 3.21 and a debt-to-equity ratio of 1.50. The stock has a market capitalization of £1.07 billion, a PE ratio of 44.69, a P/E/G ratio of -4.51 and a beta of 1.07. Fevertree Drinks has a 12 month low of GBX 608.50 ($7.88) and a 12 month high of GBX 1,220 ($15.79).

Fevertree Drinks Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, June 20th. Stockholders of record on Thursday, May 15th will be paid a dividend of GBX 11.12 ($0.14) per share. This represents a dividend yield of 1.43%. The ex-dividend date of this dividend is Thursday, May 15th. This is a positive change from Fevertree Drinks's previous dividend of $5.85. Fevertree Drinks's dividend payout ratio is 90.49%.

Insiders Place Their Bets

In related news, insider Andrew Branchflower purchased 31,688 shares of the business's stock in a transaction dated Thursday, January 30th. The shares were bought at an average price of GBX 785 ($10.16) per share, with a total value of £248,750.80 ($321,965.83). Company insiders own 10.56% of the company's stock.

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Fevertree Drinks Company Profile

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.