National Beverage (FIZZ) to Release Quarterly Earnings on Thursday

National Beverage (NASDAQ:FIZZ) is scheduled to be issuing its quarterly earnings data on Thursday, March 7th.

National Beverage (NASDAQ:FIZZ) last issued its quarterly earnings data on Thursday, December 7th. The company reported $0.47 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.47. National Beverage had a net margin of 13.91% and a return on equity of 41.00%. The firm had revenue of $300.07 million for the quarter.

National Beverage Stock Down 1.4 %

Shares of National Beverage stock traded down $0.71 on Wednesday, reaching $51.14. The stock had a trading volume of 115,506 shares, compared to its average volume of 164,799. The company has a 50 day moving average price of $49.32 and a 200 day moving average price of $48.52. National Beverage has a 1 year low of $43.74 and a 1 year high of $55.12. The stock has a market capitalization of $4.78 billion, a P/E ratio of 29.23 and a beta of 0.85.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. grew its position in National Beverage by 0.5% during the 3rd quarter. BlackRock Inc. now owns 3,629,716 shares of the company’s stock worth $139,891,000 after purchasing an additional 18,278 shares during the last quarter. Vanguard Group Inc. lifted its stake in National Beverage by 1.8% during the 4th quarter. Vanguard Group Inc. now owns 2,751,778 shares of the company’s stock valued at $136,818,000 after acquiring an additional 49,441 shares during the period. Dimensional Fund Advisors LP lifted its stake in National Beverage by 0.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,002,357 shares of the company’s stock valued at $52,842,000 after acquiring an additional 7,465 shares during the period. State Street Corp lifted its stake in National Beverage by 1.8% during the 2nd quarter. State Street Corp now owns 858,842 shares of the company’s stock valued at $41,525,000 after acquiring an additional 15,590 shares during the period. Finally, Geode Capital Management LLC lifted its stake in National Beverage by 3.4% during the 2nd quarter. Geode Capital Management LLC now owns 571,673 shares of the company’s stock valued at $27,640,000 after acquiring an additional 18,892 shares during the period. Hedge funds and other institutional investors own 23.09% of the company’s stock.

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.