Fevertree Drinks (LON:FEVR) Releases Quarterly Earnings Results

Fevertree Drinks (LON:FEVR) announced its quarterly earnings results on Thursday. The company reported GBX 9.50 EPS for the quarter, Digital Look Earnings reports. Fevertree Drinks had a return on equity of 9.32% and a net margin of 6.95%.

Fevertree Drinks Price Performance

FEVR stock opened at GBX 781 on Thursday. Fevertree Drinks has a 1 year low of GBX 711 and a 1 year high of GBX 973. The stock has a market capitalization of £870.85 million, a PE ratio of 41.94, a price-to-earnings-growth ratio of -4.51 and a beta of 1.14. The company’s 50-day moving average is GBX 831.22 and its 200-day moving average is GBX 823.32. The company has a debt-to-equity ratio of 1.70, a current ratio of 3.57 and a quick ratio of 3.21.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on FEVR shares. Jefferies Financial Group raised their target price on Fevertree Drinks from GBX 1,080 to GBX 1,100 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 780 price objective on shares of Fevertree Drinks in a research note on Tuesday, June 16th. One equities research analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 920.

Fevertree Drinks Company Profile

Fevertree Drinks PLC, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. It offers Indian, Mediterranean, summer garden, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; pink grapefruit, soda water, raspberry and orange blossom, Mexican lime, Italian blood orange, white grape and apricot sodas; Silician, premium, and Madagascan cola and lemonades; British apple with garden mint, ginger, Sicilian lemonade, sparkling Mexican lime, Italian white grape and apricot, and light raspberry and rose lemonade softdrinks; and gingers.