Fevertree Drinks (LON:FEVR) Issues Quarterly Earnings Results

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

Fevertree Drinks Price Performance

FEVR stock opened at GBX 773.81 on Friday. The company has a debt-to-equity ratio of 1.70, a quick ratio of 3.21 and a current ratio of 3.57. The company’s fifty day moving average price is GBX 830.47 and its 200-day moving average price is GBX 822.03. Fevertree Drinks has a one year low of GBX 711 and a one year high of GBX 973. The company has a market capitalization of £862.84 million, a PE ratio of 41.56, a price-to-earnings-growth ratio of -4.51 and a beta of 1.14.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on FEVR shares. Berenberg Bank reaffirmed a “hold” rating and set a GBX 780 price target on shares of Fevertree Drinks in a report on Tuesday, June 16th. Jefferies Financial Group raised their price objective on shares of 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. One analyst has rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target 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.