National Beverage (FIZZ) Projected to Post Quarterly Earnings on Thursday

National Beverage (NASDAQ:FIZZ - Get Free Report) is projected to release its earnings data before the market opens on Thursday, March 6th. Analysts expect National Beverage to post earnings of $0.45 per share and revenue of $282.22 million for the quarter.

National Beverage (NASDAQ:FIZZ - Get Free Report) last released its quarterly earnings data on Thursday, December 5th. The company reported $0.49 EPS for the quarter. National Beverage had a return on equity of 42.80% and a net margin of 15.63%.

National Beverage Trading Up 0.6 %

FIZZ stock traded up $0.25 during trading on Friday, reaching $39.83. The stock had a trading volume of 260,849 shares, compared to its average volume of 179,842. National Beverage has a 1-year low of $38.25 and a 1-year high of $53.48. The firm has a fifty day moving average price of $41.76 and a 200 day moving average price of $44.86. The company has a market capitalization of $3.73 billion, a P/E ratio of 20.02 and a beta of 0.84.

Insiders Place Their Bets

In other news, Director Cecil D. Conlee sold 2,736 shares of National Beverage stock in a transaction that occurred on Thursday, December 12th. The shares were sold at an average price of $47.01, for a total value of $128,619.36. Following the transaction, the director now directly owns 53,744 shares of the company's stock, valued at $2,526,505.44. This trade represents a 4.84 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 74.80% of the stock is owned by company insiders.

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Analysts Set New Price Targets

Separately, UBS Group dropped their price objective on shares of National Beverage from $46.00 to $41.00 and set a "sell" rating on the stock in a research note on Thursday.

About National Beverage

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company's Power+ brand portfolio offers sparkling water products under the LaCroix, LaCroix Cúrate, and LaCroix NiCola; non-carbonated flavored water under the Clear Fruit; energy drink and shots under the Rip It; juice and juice-based products under Everfresh, Everfresh Premier Varietals, and Mr.