Fevertree Drinks (LON:FEVR) Announces Earnings Results

Fevertree Drinks (LON:FEVR) issued its 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 Stock Performance

LON:FEVR traded up GBX 10.50 during midday trading on Friday, reaching GBX 779. 6,201,008 shares of the company traded hands, compared to its average volume of 750,547. The firm has a market capitalization of £868.62 million, a price-to-earnings ratio of 41.84, a price-to-earnings-growth ratio of -4.51 and a beta of 1.14. The company has a fifty day moving average price of GBX 830.47 and a 200 day moving average price of GBX 822.03. The company has a debt-to-equity ratio of 1.70, a current ratio of 3.57 and a quick ratio of 3.21. Fevertree Drinks has a twelve month low of GBX 711 and a twelve month high of GBX 973.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on FEVR. Jefferies Financial Group upped their price target on Fevertree Drinks from GBX 1,080 to GBX 1,100 and gave the company a “buy” rating in a research report on Thursday, July 30th. Berenberg Bank reiterated a “hold” rating and set a GBX 780 target price on shares of Fevertree Drinks in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 920.

About Fevertree Drinks

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.