Fevertree Drinks (LON:FEVR) Posts Quarterly Earnings Results

Fevertree Drinks (LON:FEVR) released its quarterly earnings data on Thursday. The company reported GBX 9.50 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 Trading Up 1.2%

Shares of FEVR opened at GBX 777.50 on Friday. The stock has a market capitalization of £866.95 million, a PE ratio of 41.76, a P/E/G ratio of -4.51 and a beta of 1.14. The company’s fifty day moving average is GBX 830.47 and its 200 day moving average is GBX 822.03. The company has a debt-to-equity ratio of 1.70, a quick ratio of 3.21 and a current ratio of 3.57. Fevertree Drinks has a fifty-two week low of GBX 711 and a fifty-two week high of GBX 973.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on FEVR shares. Jefferies Financial Group lifted their target price on Fevertree Drinks from GBX 1,080 to GBX 1,100 and gave the stock a “buy” rating in a report on Thursday, July 30th. Berenberg Bank reissued a “hold” rating and set a GBX 780 price target 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 assigned a Hold rating to the company. According to MarketBeat.com, the company 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.