Zevia PBC [NYSE: ZVIA] stock went on an upward path that rose over 0.97% on Thursday, amounting to a one-week price decrease of less than -11.08%.
Over the last 12 months, ZVIA stock dropped by -25.30%. The one-year Zevia PBC stock forecast points to a potential upside of 24.03. The average equity rating for ZVIA stock is currently 2.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $232.32 million, with 66.06 million shares outstanding and 49.48 million shares in the current float. Compared to the average trading volume of 717.66K shares, ZVIA stock reached a trading volume of 395006 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Zevia PBC [ZVIA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for ZVIA shares is $4.12 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on ZVIA stock is a recommendation set at 2.00. 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.
Telsey Advisory Group have made an estimate for Zevia PBC shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on July 25, 2023. While these analysts kept the previous recommendation, Goldman dropped their target price from $5 to $3. The new note on the price target was released on July 25, 2023, representing the official price target for Zevia PBC stock.
The Price to Book ratio for the last quarter was 3.85, with the Price to Cash per share for the same quarter was set at 0.37.
ZVIA Stock Performance Analysis:
Zevia PBC [ZVIA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -11.08. With this latest performance, ZVIA shares gained by 17.67% in over the last four-week period, additionally sinking by -18.70% over the last 6 months – not to mention a drop of -25.30% in the past year of trading.
Insight into Zevia PBC Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Zevia PBC [ZVIA] shares currently have an operating margin of -11.98% and a Gross Margin at 46.67%. Zevia PBC’s Net Margin is presently recorded at -12.54%.
Return on Equity for this stock declined to -26.31%, with Return on Assets sitting at -26.31%.
ZVIA Stock EPS
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 ZVIA. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Zevia PBC go to 49.04%.
Zevia PBC [ZVIA] Institutonal Ownership Details
There are presently around $68.37%, or 75.39% of ZVIA stock, in the hands of institutional investors. The top three institutional holders of ZVIA stocks are: CAISSE DE DEPOT ET PLACEMENT DU QUEBEC with ownership of 22.02 million shares, which is approximately 37.5461%. VANGUARD GROUP INC, holding 1.28 million shares of the stock with an approximate value of $$0.86 million in ZVIA stocks shares; and VANGUARD GROUP INC, currently with $$0.48 million in ZVIA stock with ownership which is approximately 1.2148%.
