NASDAQ:NBEV - New Age Beverages Stock Price, News, & Analysis

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$5.19 -0.01 (-0.19 %)
(As of 05/20/2019 06:19 AM ET)
Previous Close$5.19
Today's Range$5.12 - $5.20
52-Week Range$1.30 - $9.99
Volume1.87 million shs
Average Volume4.03 million shs
Market Capitalization$391.27 million
P/E RatioN/A
Dividend YieldN/A
Beta2.81
New Age Beverages Corporation, a healthy functional beverage company, engages in the development, marketing, sales, and distribution of beverages. The company offers ready to drink (RTD) tea, RTD coffee, kombucha, energy drinks, relaxation drinks, coconut waters, functional waters, and rehydration beverages, as well as functional medical beverages. It provides its products under the Búcha Live Kombucha, XingTea, XingEnergy, Marley One Drop, Marley Mellow Mood, Marley Mate, Marley Cold Brew, Coco-Libre, PediaAde, and Aspen Pure PH and Aspen Pure Probiotic Water brands, as well as the Bio-Shield and ‘n-Hanced brands. The company sells its products across 50 states in the United States; and approximately 10 countries internationally through direct and store door distribution systems. New Age Beverages Corporation is headquartered in Denver, Colorado.

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Industry, Sector and Symbol

Industry Malt beverages
Sub-IndustryN/A
SectorConsumer Staples
Current SymbolNASDAQ:NBEV
CUSIPN/A
Phone303-289-8655

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$52.16 million
Book Value$2.08 per share

Profitability

Net Income$-12,140,000.00

Miscellaneous

Employees889
Market Cap$391.27 million
Next Earnings DateN/A
OptionableOptionable

New Age Beverages (NASDAQ:NBEV) Frequently Asked Questions

What is New Age Beverages' stock symbol?

New Age Beverages trades on the NASDAQ under the ticker symbol "NBEV."

How were New Age Beverages' earnings last quarter?

New Age Beverages Corp (NASDAQ:NBEV) released its quarterly earnings results on Wednesday, November, 14th. The company reported ($0.08) earnings per share for the quarter, missing the consensus estimate of ($0.05) by $0.03. The firm earned $13.24 million during the quarter, compared to the consensus estimate of $13.54 million. New Age Beverages had a negative return on equity of 9.82% and a negative net margin of 11.23%. View New Age Beverages' Earnings History.

What price target have analysts set for NBEV?

4 brokers have issued 12 month target prices for New Age Beverages' stock. Their forecasts range from $3.00 to $10.00. On average, they expect New Age Beverages' share price to reach $7.25 in the next year. This suggests a possible upside of 39.7% from the stock's current price. View Analyst Price Targets for New Age Beverages.

What is the consensus analysts' recommendation for New Age Beverages?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for New Age Beverages in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for New Age Beverages.

What are Wall Street analysts saying about New Age Beverages stock?

Here are some recent quotes from research analysts about New Age Beverages stock:
  • 1. Maxim Group analysts commented, "Market open, NBEV reported lower-than-expected 1Q19 results, including revenue, gross margin, and GAAP loss per share. 2019, NBEV began selling a full line of CBD skin products in the US with global roll-out throughout 2019. 2019, NBEV filed a $100M at-the-market offering." (5/10/2019)
  • 2. According to Zacks Investment Research, "New Age Beverages Corporation is a beverage company. The company's brand portfolio include XingTea (R) , Aspen Pure (R) , Artesian Water, Búcha (R) Live Kombucha, Marley One Drop (R), RTD Coffee and Marley Mellow Mood (TM). New Age Beverages Corporation, formerly known as American Brewing Company Inc., is based in USA. " (4/4/2019)

Has New Age Beverages been receiving favorable news coverage?

Headlines about NBEV stock have trended somewhat negative on Monday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. New Age Beverages earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of New Age Beverages' key competitors?

What other stocks do shareholders of New Age Beverages own?

Based on aggregate information from My MarketBeat watchlists, some companies that other New Age Beverages investors own include Canopy Growth (CGC), Aurora Cannabis (ACB), Cronos Group (CRON), Tilray (TLRY), BHP Group (BHP), Micron Technology (MU), NVIDIA (NVDA), Advanced Micro Devices (AMD), General Electric (GE) and NIO (NIO).

Who are New Age Beverages' key executives?

New Age Beverages' management team includes the folowing people:
  • Mr. Brent David Willis, CEO & Director (Age 58)
  • Mr. Gregory A. Gould CPA, CPA, Chief Financial Officer (Age 53)
  • Mr. Richard C. Rife, Chief Legal & Admin. Officer and Corp. Sec. (Age 65)
  • Mr. Michael Cunningham, Sr. VP of Sales
  • Mr. Jay Barrow, Head of Brand

Who are New Age Beverages' major shareholders?

New Age Beverages' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (1.66%), Laurion Capital Management LP (0.83%), Geode Capital Management LLC (0.67%), Crosspoint Capital Strategies LLC (0.30%), Morgan Stanley (0.29%) and Raymond James & Associates (0.23%). Company insiders that own New Age Beverages stock include Brent D Willis, Julie Anderson, Neil Fallon, Reginald Kapteyn, Robert J Evans and Timothy J Haas. View Institutional Ownership Trends for New Age Beverages.

Which institutional investors are selling New Age Beverages stock?

NBEV stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Brookstone Capital Management and Alpine Global Management LLC. Company insiders that have sold New Age Beverages company stock in the last year include Brent D Willis and Reginald Kapteyn. View Insider Buying and Selling for New Age Beverages.

Which institutional investors are buying New Age Beverages stock?

NBEV stock was acquired by a variety of institutional investors in the last quarter, including Crosspoint Capital Strategies LLC, Tibra Equities Europe Ltd, BlackRock Inc., Laurion Capital Management LP, Citigroup Inc., Geode Capital Management LLC, Raymond James Financial Services Advisors Inc. and Blueshift Asset Management LLC. Company insiders that have bought New Age Beverages stock in the last two years include Brent D Willis, Robert J Evans and Timothy J Haas. View Insider Buying and Selling for New Age Beverages.

How do I buy shares of New Age Beverages?

Shares of NBEV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is New Age Beverages' stock price today?

One share of NBEV stock can currently be purchased for approximately $5.19.

How big of a company is New Age Beverages?

New Age Beverages has a market capitalization of $391.27 million and generates $52.16 million in revenue each year. New Age Beverages employs 889 workers across the globe.

What is New Age Beverages' official website?

The official website for New Age Beverages is http://newagebev.us.

How can I contact New Age Beverages?

New Age Beverages' mailing address is 1700 EAST 68TH AVENUE, DENVER CO, 80229. The company can be reached via phone at 303-289-8655.


MarketBeat Community Rating for New Age Beverages (NASDAQ NBEV)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  154 (Vote Outperform)
Underperform Votes:  149 (Vote Underperform)
Total Votes:  303
MarketBeat's community ratings are surveys of what our community members think about New Age Beverages and other stocks. Vote "Outperform" if you believe NBEV will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NBEV will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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