National Beverage Corp. (NASDAQ:FIZZ) traded at $93.59 at last check on Friday, Nov 20, making a downturn move of -2.12% on its previous day’s price.
Looking at the stock we see that its previous close was $95.62 and the beta (5Y monthly) reads 1.31 with the day’s price range being $92.84 – 96.34. The company has a 12-month trailing PE ratio of 29.98. In terms of its 52-week price range, FIZZ has a high of $99.26 and a low of $35.71. The company’s stock has gained about 5.05% over that past 30 days.
National has a market cap of $4.16 Billion and is expected to release its quarterly earnings report on Dec 03, 2020- Dec 07, 2020. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the FIZZ stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.89, with the EPS growth for the year raised at $3.39 for 2020 and $3.54 for next year. These figures represent 0.22% and at 0.04% growth in EPS for the two years respectively.
On the other hand, looking at the outlook for the FIZZ stock, short term indicators assign the stock an average of 100% Buy, while medium term indicators assign it an average of 100% Buy. Long term indicators on average place the stock in the category of 100% Buy.
Let’s briefly compare National (FIZZ) stock to its peers. We find that today’s price change of -2.12% and +109.33% over the past 12 months for FIZZ competes that of Coca-Cola Company (KO), which has seen its stock price fall -0.87% in the latest trading session and is -0.55% over the last one year. Another of its peers Pepsico Inc (PEP) has climbed 0.07% today, and is +7.1% up over the past year, while Monster Beverage Cp (MNST) is also down -2.12% yet its price remains in the green at 109.33% over the same period. Coca-Cola has a P/E ratio of 27.32 compared to National’s 29.98 and Pepsico’s 28.32. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.68% and -0.75%, respectively, in early deals.
Coming back to National Beverage Corp. (NASDAQ:FIZZ), we note that the average 3-month trading volume was 339.2 Million, while that of the preceding 10-day period stands at 404.88 Million. Current shares outstanding are 46.63 Million.
According to data from Thomson Reuters, insiders hold 75.05% of the company’s shares while institutions hold 33.69%. The data shows that short shares as of October 29, 2020, stood at 7.85 Million at a short ratio of 24.49. This represents a 16.84% Short interest in Shares outstanding on October 29, 2020. Shares short rose in October from the previous month at 7.32 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock +83.44% up in year-to-date price movement.