Zevia PBC (ZVIA) Expected to Announce Quarterly Earnings on Wednesday

Zevia PBC (NYSE:ZVIA - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data before the market opens on Wednesday, May 7th. Analysts expect Zevia PBC to post earnings of ($0.10) per share and revenue of $37.15 million for the quarter.

Zevia PBC Stock Down 5.2 %

Zevia PBC stock opened at $2.18 on Wednesday. Zevia PBC has a 12-month low of $0.62 and a 12-month high of $4.99. The stock has a market capitalization of $160.25 million, a price-to-earnings ratio of -5.83 and a beta of 0.77. The stock has a 50-day simple moving average of $2.29 and a 200 day simple moving average of $2.72.

Institutional Trading of Zevia PBC

An institutional investor recently raised its position in Zevia PBC stock. Bank of America Corp DE grew its position in shares of Zevia PBC (NYSE:ZVIA - Free Report) by 2,845.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,817 shares of the company's stock after purchasing an additional 15,280 shares during the period. Bank of America Corp DE's holdings in Zevia PBC were worth $66,000 at the end of the most recent quarter. 53.21% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the stock. The Goldman Sachs Group upped their price target on shares of Zevia PBC from $1.15 to $3.75 and gave the stock a "neutral" rating in a report on Tuesday, January 14th. Telsey Advisory Group decreased their price target on Zevia PBC from $4.00 to $3.00 and set a "market perform" rating for the company in a report on Thursday, February 27th.

About Zevia PBC

Zevia PBC, a beverage company, develops, markets, sells, and distributes various carbonated beverages in the United States and Canada. It offers soda, energy drinks, organic tea, and kidz drinks. The company offers its products through a network of food, drug, warehouse club, mass, natural, convenience, and e-commerce channels, as well as grocery distributors and natural product stores and specialty outlets.

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