Insider Buying: Fevertree Drinks (LON:FEVR) Insider Buys 44,674 Shares

Key Points

• Insider purchase: Fevertree Drinks director Domenico De Lorenzo bought 44,674 shares at GBX 780 each, investing approximately £348,457.
• Stock performance and valuation: Shares opened at GBX 803.50 and were reported up 3.1%, while trading below their 52-week high of GBX 973. The company has a market capitalization of about £896 million and a P/E ratio of 43.15.
• Analyst outlook: Analysts maintain an overall “Hold” rating, with one Buy and three Hold recommendations; the average price target is GBX 920, though targets range from GBX 780 to GBX 1,100.

Fevertree Drinks PLC (LON:FEVR - Get Free Report) insider Domenico De Lorenzo bought 44,674 shares of the company's stock in a transaction dated Friday, September 11th. The stock was bought at an average price of GBX 780 per share, for a total transaction of £348,457.20.

Fevertree Drinks Stock Up 3.1%

FEVR opened at GBX 803.50 on Monday. The company has a debt-to-equity ratio of 1.89, a current ratio of 3.16 and a quick ratio of 3.21. The company's 50-day moving average is GBX 830.05 and its 200 day moving average is GBX 820.84. Fevertree Drinks PLC has a fifty-two week low of GBX 711 and a fifty-two week high of GBX 973. The firm has a market capitalization of £895.94 million, a P/E ratio of 43.15, a PEG ratio of -4.51 and a beta of 1.14.

Fevertree Drinks (LON:FEVR - Get Free Report) last issued its quarterly earnings data on Thursday, September 10th. The company reported GBX 9.50 earnings per share (EPS) for the quarter. Fevertree Drinks had a net margin of 7.29% and a return on equity of 11.88%. Research analysts expect that Fevertree Drinks PLC will post 38.3184173 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

FEVR has been the topic of a number of recent analyst reports. Berenberg Bank reiterated a "hold" rating and set a GBX 780 price target on shares of Fevertree Drinks in a report on Monday. Jefferies Financial Group upped their price objective on Fevertree Drinks from GBX 1,080 to GBX 1,100 and gave the company a "buy" rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Fevertree Drinks currently has an average rating of "Hold" and an average price target 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.

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