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.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Malt beverages
Sub-IndustryN/A
SectorConsumer Staples
Current SymbolNASDAQ:NBEV
Previous Symbol
CUSIPN/A
Phone303-289-8655
Debt
Debt-to-Equity Ratio0.04
Current Ratio15.69
Quick Ratio12.38
Price-To-Earnings
Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A
Sales & Book Value
Annual Sales$52.18 million
Price / Sales5.33
Cash FlowN/A
Price / CashN/A
Book Value$1.52 per share
Price / Book2.51
Profitability
EPS (Most Recent Fiscal Year)N/A
Net Income$-3,530,000.00
Net Margins-29.08%
Return on Equity-23.49%
Return on Assets-19.08%
Miscellaneous
Employees162
Outstanding Shares72,830,000
Market Cap$312.46 million
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) announced its quarterly earnings results on Wednesday, November, 14th. The company reported ($0.08) earnings per share for the quarter, missing analysts' consensus estimates of ($0.05) by $0.03. The company earned $13.24 million during the quarter, compared to the consensus estimate of $13.54 million. New Age Beverages had a negative net margin of 29.08% and a negative return on equity of 23.49%. View New Age Beverages' Earnings History.
When is New Age Beverages' next earnings date?
What price target have analysts set for NBEV?
3 equities research analysts have issued 12 month price objectives for New Age Beverages' shares. Their forecasts range from $3.00 to $3.00. On average, they expect New Age Beverages' stock price to reach $3.00 in the next twelve months. This suggests that the stock has a possible downside of 21.5%. View Analyst Price Targets for New Age Beverages.
What is the consensus analysts' recommendation for New Age Beverages?
3 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 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?
News articles about NBEV stock have been trending somewhat positive on Tuesday, according to InfoTrie. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. New Age Beverages earned a news impact score of 1.5 on InfoTrie's scale. They also assigned news articles about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the near future.
Are investors shorting New Age Beverages?
New Age Beverages saw a increase in short interest in the month of October. As of October 15th, there was short interest totalling 11,624,221 shares, an increase of 43.8% from the September 28th total of 8,082,147 shares. Based on an average daily volume of 40,388,774 shares, the days-to-cover ratio is currently 0.3 days. Currently, 28.4% of the company's shares are short sold. View New Age Beverages' Current Options Chain.
Who are some of New Age Beverages' key competitors?
Some companies that are related to New Age Beverages include Anheuser Busch Inbev (BUD), Kirin (KNBWY), Molson Coors Brewing (TAP), CARLSBERG AS/S (CABGY), San Miguel (SMGBY), Compania Cervecerias Unidas (CCU), Boston Beer (SAM), TSINGTAO BREWER/S (TSGTY), Craft Brew Alliance (BREW), Big Rock Brewery (BRBMF), China New Borun (BORN) and Athena Silver (AHNR).
Who are New Age Beverages' key executives?
New Age Beverages' management team includes the folowing people:
- Mr. Neil Fallon, Exec. Chairman (Age 52)
- Mr. Brent David Willis, CEO & Director (Age 57)
- Mr. Gregory A. Gould, Chief Financial & Admin. Officer (Age 52)
- Mr. Chuck Ence, VP of Fin. & Corp. Controller (Age 53)
Who are New Age Beverages' major shareholders?
New Age Beverages' stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.75%), Jane Street Group LLC (0.48%), Bank of Montreal Can (0.09%), Nepsis Inc. (0.06%) and Bank of New York Mellon Corp (0.06%). Company insiders that own New Age Beverages stock include Brent D Willis, Julie Anderson, Neil Fallon, Robert J Evans and Timothy J Haas. View Institutional Ownership Trends for New Age Beverages.
Which major investors are selling New Age Beverages stock?
Which major investors are buying New Age Beverages stock?
NBEV stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Jane Street Group LLC, Bank of Montreal Can and Bank of New York Mellon Corp. 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 $3.82.
How big of a company is New Age Beverages?
New Age Beverages has a market capitalization of $312.46 million and generates $52.18 million in revenue each year. New Age Beverages employs 162 workers across the globe.
What is New Age Beverages' official website?
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)
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.
