National Beverage Corp [NASDAQ: FIZZ] plunged by -$0.41 during the normal trading session on while it closed the day at $43.95.
National Beverage Corp stock has also loss -2.07% of its value over the past 7 days. However, FIZZ stock has inclined by 7.20% in the 3 months of the year. Over the past six months meanwhile, it has lost -7.16% and gained 3.00% year-on date.
The market cap for FIZZ stock reached $4.11 billion, with 93.62 million shares outstanding and 23.69 million shares in the current float. Compared to the average trading volume of 202.26K shares, FIZZ reached a trading volume of 128679 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to 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 $42.00 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 4.00. 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 Underperform, with their previous recommendation back on January 04, 2023. The new note on the price target was released on February 03, 2021, representing the official price target for National Beverage Corp stock. Previously, the target price had yet another raise to $85, while Jefferies analysts kept a Hold rating on FIZZ stock. On January 16, 2020, analysts decreased their price target for FIZZ shares from 50 to 40.
The Average True Range (ATR) for National Beverage Corp is set at 1.01, with the Price to Sales ratio for FIZZ stock in the period of the last 12 months amounting to 3.47. The Price to Book ratio for the last quarter was 10.28, with the Price to Cash per share for the same quarter was set at 1.59. Price to Free Cash Flow for FIZZ in the course of the last twelve months was 23.46 with Quick ratio for the last quarter at 2.24.
FIZZ stock trade performance evaluation
National Beverage Corp [FIZZ] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.07. With this latest performance, FIZZ shares dropped by -0.07% in over the last four-week period, additionally sinking by -7.16% over the last 6 months – not to mention a rise of 1.87% 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 50.59, with the RSI for the last a single of trading hit 46.78, and the three-weeks RSI is set at 52.18 for National Beverage Corp [FIZZ]. The present Moving Average for the last 50 days of trading for this stock 42.88, while it was recorded at 44.85 for the last single week of trading, and 44.26 for the last 200 days.
National Beverage Corp [FIZZ]: An insightful look at the core fundamentals
National Beverage Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.24 and a Current Ratio set at 2.95.
Earnings per share (EPS) analysis for National Beverage Corp [FIZZ] stock
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 3.91%.
National Beverage Corp [FIZZ]: Institutional Ownership
There are presently around $25.48%, or 100.73%% of FIZZ stock, in the hands of institutional investors. The top three institutional holders of FIZZ stocks are: BLACKROCK INC. with ownership of 3.88 million shares, which is approximately 4.1496%. RENAISSANCE TECHNOLOGIES LLC, holding 3.43 million shares of the stock with an approximate value of $$175.84 million in FIZZ stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $$141.05 million in FIZZ stock with ownership which is approximately 2.9419%.
