National Beverage Corp. (NASDAQ:FIZZ) CEO Nick A. Caporella acquired 1,650 shares of the company’s stock in a transaction that occurred on Friday, March 15th. The shares were acquired at an average cost of $60.30 per share, with a total value of $99,495.00. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

FIZZ stock traded up $0.01 during mid-day trading on Friday, hitting $40.66. 561,728 shares of the stock were exchanged, compared to its average volume of 443,807. The business has a fifty day moving average price of $42.31 and a 200 day moving average price of $51.07. National Beverage Corp. has a 12 month low of $38.28 and a 12 month high of $124.94. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of 13.55, a PEG ratio of 8.00 and a beta of 1.29.

National Beverage (NASDAQ:FIZZ) last issued its quarterly earnings results on Thursday, September 5th. The company reported $0.74 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.77 by ($0.03). National Beverage had a return on equity of 39.35% and a net margin of 13.89%. The firm had revenue of $263.57 million for the quarter, compared to the consensus estimate of $272.85 million. During the same period last year, the firm earned $1.04 EPS. The company’s revenue for the quarter was down 9.9% on a year-over-year basis. As a group, research analysts predict that National Beverage Corp. will post 2.54 earnings per share for the current fiscal year.

FIZZ has been the subject of several research analyst reports. Jefferies Financial Group dropped their price objective on National Beverage from $34.00 to $33.00 and set an “underperform” rating for the company in a research note on Thursday, June 27th. Guggenheim lifted their price objective on National Beverage to $45.00 and gave the company a “sell” rating in a research note on Thursday, May 30th. UBS Group raised National Beverage from a “sell” rating to a “neutral” rating and dropped their price objective for the company from $50.00 to $48.00 in a research note on Tuesday, June 4th. Maxim Group reissued a “hold” rating on shares of National Beverage in a research note on Thursday, June 27th. Finally, Zacks Investment Research raised National Beverage from a “sell” rating to a “hold” rating in a research note on Tuesday, August 27th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and two have issued a buy rating to the company. National Beverage currently has an average rating of “Hold” and a consensus price target of $57.88.

Hedge funds have recently modified their holdings of the business. Kayne Anderson Rudnick Investment Management LLC lifted its stake in National Beverage by 1.8% during the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 849,115 shares of the company’s stock worth $49,019,000 after purchasing an additional 14,979 shares during the last quarter. RK Asset Management LLC lifted its stake in National Beverage by 37.1% during the second quarter. RK Asset Management LLC now owns 180,101 shares of the company’s stock worth $8,038,000 after purchasing an additional 48,733 shares during the last quarter. Bbva USA Bancshares Inc. bought a new stake in National Beverage during the second quarter worth about $245,000. GMT Capital Corp purchased a new position in shares of National Beverage in the first quarter worth about $4,820,000. Finally, Janus Henderson Group PLC increased its holdings in shares of National Beverage by 52.0% in the second quarter. Janus Henderson Group PLC now owns 14,271 shares of the company’s stock worth $637,000 after buying an additional 4,881 shares during the period. 26.40% of the stock is owned by hedge funds and other institutional investors.

National Beverage Company Profile

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.

Featured Article: Example of operating income, EBIT and EBITDA

Receive News & Ratings for National Beverage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Beverage and related companies with MarketBeat.com's FREE daily email newsletter.