National Beverage Corp. [NASDAQ: FIZZ] traded at a high on 01/27/21, posting a 16.23 gain after which it closed the day’ session at $129.49. The company report on January 26, 2021 that SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Cardtronics (NASDAQ:CATM).
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Cardtronics (“Cardtronics” or the “Company”) (NASDAQ:CATM) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by NCR Corporation (NYSE:NCR). Under the terms of the merger agreement, Cardtronics stockholders will receive only $39.00 per share in cash for each Cardtronics share they own.
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The investigation concerns whether the Cardtronics Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether NCR is paying too little for the Company. For example, the deal consideration is well below the 52-week high of $46.53 for the Company’s shares and at least one wall street analyst has set a price target of $48.00 for Cardtronics shares.
The results of the trading session contributed to over 1332992 shares changing hands. Over the past one week, the price volatility of National Beverage Corp. stands at 13.66% while the volatility over the past one month is 6.51%.
The market cap for FIZZ stock reached $5.81 billion, with 46.64 million shares outstanding and 11.65 million shares in the current float. Compared to the average trading volume of 373.71K shares, FIZZ reached a trading volume of 1332992 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about National Beverage Corp. [FIZZ]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FIZZ shares is $80.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FIZZ stock is a recommendation set at 3.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Jefferies have made an estimate for National Beverage Corp. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on October 20, 2020. While these analysts kept the previous recommendation, CFRA dropped their target price from $50 to $40. The new note on the price target was released on January 16, 2020, representing the official price target for National Beverage Corp. stock. Previously, the target price had yet another drop from $150 to $65, while Imperial Capital kept a Outperform rating on FIZZ stock. On June 04, 2019, analysts decreased their price target for FIZZ shares from 50 to 48.
The Average True Range (ATR) for National Beverage Corp. is set at 7.27, with the Price to Sales ratio for FIZZ stock in the period of the last 12 months amounting to 5.54. The Price to Book ratio for the last quarter was 10.73, with the Price to Cash per share for the same quarter was set at 9.03. Price to Free Cash Flow for FIZZ in the course of the last twelve months was 32.89 with Quick ratio for the last quarter at 3.50.
How has FIZZ stock performed recently?
National Beverage Corp. [FIZZ] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 39.72. With this latest performance, FIZZ shares gained by 49.73% in over the last four-week period, additionally plugging by 100.50% over the last 6 months – not to mention a rise of 202.22% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FIZZ stock in for the last two-week period is set at 88.09, with the RSI for the last a single of trading hit 93.19, and the three-weeks RSI is set at 82.00 for National Beverage Corp. [FIZZ]. The present Moving Average for the last 50 days of trading for this stock 90.61, while it was recorded at 105.74 for the last single week of trading, and 72.62 for the last 200 days.
National Beverage Corp. [FIZZ]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and National Beverage Corp. [FIZZ] shares currently have an operating margin of +17.05 and a Gross Margin at +37.48. National Beverage Corp.’s Net Margin is presently recorded at +12.99.
Return on Total Capital for FIZZ is now 40.94, given the latest momentum, and Return on Invested Capital for the company is 31.85. Return on Equity for this stock inclined to 33.16, with Return on Assets sitting at 23.41. When it comes to the capital structure of this company, National Beverage Corp. [FIZZ] has a Total Debt to Total Equity ratio set at 10.86. Additionally, FIZZ Total Debt to Total Capital is recorded at 9.80, with Total Debt to Total Assets ending up at 7.51. Long-Term Debt to Equity for the company is recorded at 7.03, with the Long-Term Debt to Total Capital now at 6.41.
Reflecting on the efficiency of the workforce at the company, National Beverage Corp. [FIZZ] managed to generate an average of $83,853 per employee. Receivables Turnover for the company is 11.79 with a Total Asset Turnover recorded at a value of 1.80.National Beverage Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.50 and a Current Ratio set at 4.00.
Earnings analysis for National Beverage Corp. [FIZZ]
With the latest financial reports released by the company, National Beverage Corp. posted 0.57/share EPS, while the average EPS was predicted by analysts to be reported at 0.5/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 14.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FIZZ. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for National Beverage Corp. go to 25.56%.
Insider trade positions for National Beverage Corp. [FIZZ]
There are presently around $1,703 million, or 34.00% of FIZZ stock, in the hands of institutional investors. The top three institutional holders of FIZZ stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 2,857,271, which is approximately 2.398% of the company’s market cap and around 0.20% of the total institutional ownership; KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC, holding 2,453,138 shares of the stock with an approximate value of $273.3 million in FIZZ stocks shares; and BLACKROCK INC., currently with $204.9 million in FIZZ stock with ownership of nearly -2.796% of the company’s market capitalization.
Positions in National Beverage Corp. stocks held by institutional investors increased at the end of December and at the time of the December reporting period, where 126 institutional holders increased their position in National Beverage Corp. [NASDAQ:FIZZ] by around 2,324,152 shares. Additionally, 92 investors decreased positions by around 1,179,787 shares, while 37 investors held positions by with 11,778,755 shares. The mentioned changes placed institutional holdings at 15,282,694 shares, according to the latest SEC report filing. FIZZ stock had 64 new institutional investments in for a total of 855,717 shares, while 27 institutional investors sold positions of 534,400 shares during the same period.