NASDAQ:NBEVNew Age Beverages Stock Price, Forecast & News

New Age Beverages' stock was trading at $1.72 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NBEV stock has decreased by 13.4% and is now trading at $1.49. View which stocks have been most impacted by Coronavirus.

2 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 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for New Age Beverages.

New Age Beverages is scheduled to release its next quarterly earnings announcement on Thursday, August 13th 2020. View our earnings forecast for New Age Beverages.

New Age Beverages Corp (NASDAQ:NBEV) announced its quarterly earnings results on Monday, May, 11th. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.11) by $0.03. The firm had revenue of $63.69 million for the quarter, compared to analysts' expectations of $62.86 million. New Age Beverages had a negative net margin of 38.53% and a negative return on equity of 44.30%. View New Age Beverages' earnings history.

2 brokerages have issued 1 year target prices for New Age Beverages' shares. Their forecasts range from $3.50 to $4.00. On average, they anticipate New Age Beverages' stock price to reach $3.67 in the next year. This suggests a possible upside of 146.1% from the stock's current price. View analysts' price targets for New Age Beverages.

Media headlines about NBEV stock have trended very negative on Tuesday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. New Age Beverages earned a news sentiment score of -3.6 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news about New Age Beverages.

Some companies that are related to New Age Beverages include Anheuser Busch Inbev (BUD), Heineken (HEINY), CARLSBERG AS/S (CABGY), Kirin (KNBWY), TSINGTAO BREWER/S (TSGTY), Molson Coors Brewing (TAP), Boston Beer (SAM), San Miguel (SMGBY), Compania Cervecerias Unidas (CCU), Craft Brew Alliance (BREW), Big Rock Brewery (BRBMF) and Athena Silver (AHNR). View all competitors.

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 NIO (NIO).

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

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.

One share of NBEV stock can currently be purchased for approximately $1.49.

New Age Beverages has a market capitalization of $137.96 million and generates $253.71 million in revenue each year. The company earns $-89,830,000.00 in net income (profit) each year or ($0.62) on an earnings per share basis. New Age Beverages employs 889 workers across the globe.

The official website for New Age Beverages is newagebev.us.

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.