National Beverage (NASDAQ:FIZZ) was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating in a note issued to investors on Friday.

Separately, Zacks Investment Research raised National Beverage from a “sell” rating to a “hold” rating in a research note on Tuesday, August 14th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $106.00.

NASDAQ:FIZZ opened at $116.93 on Friday. The company has a market capitalization of $5.18 billion, a PE ratio of 36.66 and a beta of 0.94. National Beverage has a 1 year low of $83.78 and a 1 year high of $129.82.

National Beverage (NASDAQ:FIZZ) last posted its quarterly earnings data on Wednesday, June 27th. The company reported $0.77 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.05). National Beverage had a net margin of 15.35% and a return on equity of 55.03%. sell-side analysts predict that National Beverage will post 3.86 earnings per share for the current fiscal year.

Hedge funds have recently modified their holdings of the stock. Aviance Capital Management LLC bought a new stake in shares of National Beverage during the 2nd quarter worth approximately $171,000. SG Americas Securities LLC bought a new stake in shares of National Beverage during the 1st quarter worth approximately $147,000. Engineers Gate Manager LP bought a new stake in shares of National Beverage during the 2nd quarter worth approximately $208,000. Xact Kapitalforvaltning AB bought a new stake in shares of National Beverage during the 2nd quarter worth approximately $212,000. Finally, DRW Securities LLC bought a new stake in shares of National Beverage during the 2nd quarter worth approximately $235,000. 23.44% of the stock is owned by hedge funds and other institutional investors.

About National Beverage

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.

Further Reading: Closed-End Mutual Funds (CEFs)

Analyst Recommendations for National Beverage (NASDAQ:FIZZ)

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