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

$2.00
+0.04 (+2.04 %)
(As of 12/9/2019 02:12 AM ET)
Today's Range
$1.97
Now: $2.00
$2.01
50-Day Range
$1.96
MA: $2.45
$2.82
52-Week Range
$1.96
Now: $2.00
$7.79
Volume856,071 shs
Average Volume1.62 million shs
Market Capitalization$156.78 million
P/E RatioN/A
Dividend YieldN/A
Beta2.29
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. Read More…

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$2.12 per share

Profitability

Net Income$-12,140,000.00

Miscellaneous

Employees889
Market Cap$156.78 million
Next Earnings Date2/13/2020 (Estimated)
OptionableOptionable

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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 Thursday, November, 14th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.05) by $0.09. The company had revenue of $69.80 million for the quarter, compared to the consensus estimate of $69.95 million. New Age Beverages had a negative net margin of 12.76% and a negative return on equity of 20.61%. New Age Beverages's revenue was up 428.8% compared to the same quarter last year. View New Age Beverages' Earnings History.

When is New Age Beverages' next earnings date?

New Age Beverages is scheduled to release their next quarterly earnings announcement on Thursday, February 13th 2020. View Earnings Estimates for New Age Beverages.

What price target have analysts set for NBEV?

4 brokerages have issued 12-month target prices for New Age Beverages' stock. Their forecasts range from $3.50 to $9.00. On average, they expect New Age Beverages' share price to reach $5.33 in the next year. This suggests a possible upside of 166.7% 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 2 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for New Age Beverages.

Has New Age Beverages been receiving favorable news coverage?

Media headlines about NBEV stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. 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 daily sentiment score of -3.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the company's share price in the near term. View News Stories for New Age Beverages.

Are investors shorting New Age Beverages?

New Age Beverages saw a increase in short interest in the month of November. As of November 15th, there was short interest totalling 21,190,000 shares, an increase of 21.6% from the October 31st total of 17,430,000 shares. Based on an average daily trading volume, of 1,950,000 shares, the days-to-cover ratio is presently 10.9 days. Currently, 30.9% of the company's stock are sold short. View New Age Beverages' Current Options Chain.

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), Advanced Micro Devices (AMD), NVIDIA (NVDA), Aphria (APHA) and General Electric (GE).

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 State Street Corp (1.60%), California State Teachers Retirement System (0.15%), Millennium Management LLC (0.08%), Stifel Financial Corp (0.04%), Creative Planning (0.03%) and Virtu Financial LLC (0.02%). Company insiders that own New Age Beverages stock include Brent D Willis, 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 Virtu Financial LLC and Stifel Financial Corp. 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 purchased by a variety of institutional investors in the last quarter, including State Street Corp, Millennium Management LLC, Creative Planning, Lindbrook Capital LLC and California State Teachers Retirement System. 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, Robinhood, Fidelity and Charles Schwab.

What is New Age Beverages' stock price today?

One share of NBEV stock can currently be purchased for approximately $2.00.

How big of a company is New Age Beverages?

New Age Beverages has a market capitalization of $156.78 million and generates $52.16 million in revenue each year. New Age Beverages employs 889 workers across the globe.View Additional Information About New Age Beverages.

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 2420 17TH STREET SUITE 220, DENVER CO, 80202. The company can be reached via phone at 303-289-8655.


MarketBeat Community Rating for New Age Beverages (NASDAQ NBEV)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  196 (Vote Outperform)
Underperform Votes:  210 (Vote Underperform)
Total Votes:  406
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 12/9/2019 by MarketBeat.com Staff

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