About DAVIDsTEA (NASDAQ:DTEA)
DAVIDsTEA Inc. is engaged in the retail and online sale of tea, tea accessories, and food and beverages in Canada and in the United States. The Company's segments include Canada and the U.S. The Company is a branded retailer of specialty tea, offering approximately 150 loose-leaf teas, pre-packaged teas, tea sachets and tea-related gifts, accessories, and food and beverages primarily through approximately 190 DAVIDsTEA stores, which are operated by the Company, and its Website, davidstea.com. Additionally, the Company offers on-the-go tea beverages in its retail stores. The Company's tea accessories include tea mugs, travel mugs, teacup sets, teapots, tea makers, kettles, infusers, filters, frothers, tins and spoons. The Company offers beverages range from the standard hot or iced tea to its Tea Lattes. The Company's different flavors of loose-leaf tea span eight tea categories: white, green, oolong, black, pu'erh, mate, rooibos and herbal tea.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Food Retail & Distribution
- Sub-Industry: N/A
- Symbol: NASDAQ:DTEA
- CUSIP: N/A
- Web: www.davidstea.com
- Market Cap: $121.03 million
- Outstanding Shares: 28,816,000
- 50 Day Moving Avg: $4.47
- 200 Day Moving Avg: $4.47
- 52 Week Range: $4.05 - $12.70
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 103.75
- P/E Growth: -2.96
- Net Margins: -3.98%
- Return on Equity: 1.51%
- Return on Assets: 1.19%
- Current Ratio: 3.94%
- Quick Ratio: 2.79%
- Average Volume: 65,400 shs.
- Beta: 0.78
Frequently Asked Questions for DAVIDsTEA (NASDAQ:DTEA)
What is DAVIDsTEA's stock symbol?
DAVIDsTEA trades on the NASDAQ under the ticker symbol "DTEA."
How were DAVIDsTEA's earnings last quarter?
DAVIDsTEA Inc. (NASDAQ:DTEA) released its quarterly earnings results on Thursday, September, 7th. The company reported ($0.12) earnings per share for the quarter, beating the Zacks' consensus estimate of ($0.14) by $0.02. The business earned $45.70 million during the quarter, compared to analyst estimates of $44.32 million. DAVIDsTEA had a negative net margin of 3.98% and a positive return on equity of 1.51%. The business's revenue was up 11.2% on a year-over-year basis. During the same period last year, the business earned ($0.09) EPS. View DAVIDsTEA's Earnings History.
When will DAVIDsTEA make its next earnings announcement?
Where is DAVIDsTEA's stock going? Where will DAVIDsTEA's stock price be in 2017?
4 brokerages have issued 1 year target prices for DAVIDsTEA's stock. Their forecasts range from $5.50 to $8.00. On average, they anticipate DAVIDsTEA's share price to reach $6.75 in the next year. View Analyst Ratings for DAVIDsTEA.
Who are some of DAVIDsTEA's key competitors?
Some companies that are related to DAVIDsTEA include Amira Nature Foods Ltd (ANFI), Lee Enterprises, Incorporated (LEE), A.H. Belo Corporation (AHC), New Age Beverage Corporation (NBEV), Barfresh Food Group (BRFH), S&W Seed Company (SANW), Senomyx (SNMX), Long Island Iced Tea Corp. (LTEA), Burcon NutraScience Corp (BUR), Metabolix (YTEN), Annies (BNNY), Beam Suntory (BEAM), Chiquita Brands International (CQB), Dole Food Company (DOLE), DS Healthcare Group (DSKX), Hillshire Brands Co (HSH), Kraft Heinz Foods Co (HNZ) and Nash-Finch Company (NAFC).
Who are DAVIDsTEA's key executives?
DAVIDsTEA's management team includes the folowing people:
- Pierre Michaud, Independent Chairman of the Board
- Joel Silver, President, Chief Executive Officer, Director
- Herschel H. Segal, Co-Founder, Director
- Howard Mark Tafler, Interim Chief Financial Officer, Chief Accounting Officer
- Christine Bullen, Chief Operating Officer
- Edmund Laurence Noonan III, Head of Real Estate
- Sarah Segal, Head of Product Development and Innovation
- Emilia Di Raddo CPA, Director
- Bruce J. Guerriero CPA, Director
- Lorenzo Salvaggio, Director
When did DAVIDsTEA IPO?
(DTEA) raised $76 million in an initial public offering on Friday, June 5th 2015. The company issued 5,100,000 shares at $14.00-$16.00 per share. Goldman Sachs, J.P. Morgan and BofA Merrill Lynch acted as the underwriters for the IPO and BMO Capital Markets and William Blair were co-managers.
Who owns DAVIDsTEA stock?
How do I buy DAVIDsTEA stock?
Shares of DAVIDsTEA can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is DAVIDsTEA's stock price today?
MarketBeat Community Rating for DAVIDsTEA (NASDAQ DTEA)MarketBeat's community ratings are surveys of what our community members think about DAVIDsTEA and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of DAVIDsTEA stock can currently be purchased for approximately $4.15.
Consensus Ratings for DAVIDsTEA (NASDAQ:DTEA) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 3 Hold Ratings|
|Consensus Rating:||Hold (Score: 1.75)|
|Consensus Price Target: ||$6.75 (62.65% upside)|Consensus Price Target History for DAVIDsTEA (NASDAQ:DTEA)
Analysts' Ratings History for DAVIDsTEA (NASDAQ:DTEA)
(Data available from 10/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|6/9/2017||BMO Capital Markets||Reiterated Rating||Market Perform||$5.50||Low|
|4/13/2017||Lake Street Capital||Downgrade||Buy -> Hold||$14.00 -> $8.00||High|
|12/13/2016||Bank of America Corporation||Downgrade||Neutral -> Underperform||N/A|
|12/9/2016||William Blair||Downgrade||Outperform -> Market Perform||N/A|
|1/21/2016||Goldman Sachs Group Inc||Lower Price Target||$17.00 -> $13.00||N/A|
Earnings History for DAVIDsTEA (NASDAQ:DTEA)Earnings History by Quarter for DAVIDsTEA (NASDAQ DTEA)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|9/7/2017||7/31/2017||($0.14)||($0.12)||$44.32 million||$45.70 million||View||Listen|
|6/7/2017||4/30/2017||($0.06)||($0.03)||$46.11 million||$48.70 million||View||Listen|
|4/12/2017||1/31/2017||$0.36||$0.29||$85.74 million||$86.30 million||View||N/A|
|12/8/2016||10/31/2016||($0.06)||($0.07)||$33.81 million||$33.66 million||View||N/A|
|9/7/2016||Q2||($0.09)||($0.09)||$30.53 million||$31.89 million||View||N/A|
|6/8/2016||Q1||$0.05||$0.06||$33.73 million||$33.50 million||View||N/A|
|4/12/2016||Q4||$0.43||$0.45||$72.10 million||$55.23 million||View||Listen|
|12/10/2015||Q315||($0.04)||($0.03)||$34.86 million||$36.30 million||View||Listen|
|9/9/2015||Q215||($0.08)||($0.06)||$32.99 million||$32.80 million||View||N/A|
Earnings Estimates for DAVIDsTEA (NASDAQ:DTEA)
2017 EPS Consensus Estimate: $0.77
2018 EPS Consensus Estimate: $0.33
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Dividend History for DAVIDsTEA (NASDAQ:DTEA)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for DAVIDsTEA (NASDAQ:DTEA)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for DAVIDsTEA (NASDAQ:DTEA)
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DAVIDsTEA (DTEA) Chart for Saturday, October, 21, 2017