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.
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Industry, Sector and Symbol
Industry Malt beverages
Sub-IndustryN/A
SectorConsumer Staples
Phone303-289-8655
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$52.16 million
Profitability
Miscellaneous
Employees889
Next Earnings Date11/13/2019 (Estimated)
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) issued its quarterly earnings results on Thursday, August, 8th. The company reported ($0.15) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.01) by $0.14. The business earned $66.35 million during the quarter, compared to analyst estimates of $64.43 million. New Age Beverages had a negative net margin of 12.78% and a negative return on equity of 17.70%. The company's revenue was up 396.6% on a year-over-year basis. During the same quarter last year, the firm posted ($0.09) earnings per share. View New Age Beverages' Earnings History.
When is New Age Beverages' next earnings date?
What price target have analysts set for NBEV?
5 brokerages have issued 1 year price targets for New Age Beverages' shares. Their forecasts range from $5.00 to $10.00. On average, they expect New Age Beverages' stock price to reach $8.00 in the next year. This suggests a possible upside of 137.4% from the stock's current price. View Analyst Price Targets for New Age Beverages.
What is the consensus analysts' recommendation for New Age Beverages?
5 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 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. 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. " (8/24/2019)
- 2. Northland Securities analysts commented, "We believe this is a relatively small add-on acquisition to NBEV’s current brand portfolio, and synergies should help drive a little more scale." (6/4/2019)
- 3. 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)
Has New Age Beverages been receiving favorable news coverage?
News stories about NBEV stock have trended positive this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. New Age Beverages earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave news headlines about the company a news buzz of 6.0 out of 10, meaning that recent media coverage is somewhat likely to have an effect on the company's share price in the next several days. View News Stories for New Age Beverages.
Who are some of New Age Beverages' key competitors?
Some companies that are related to New Age Beverages include Anheuser Busch Inbev (BUD), Heineken (HEINY), CARLSBERG AS/S (CABGY), Kirin (KNBWY), Molson Coors Brewing (TAP), TSINGTAO BREWER/S (TSGTY), San Miguel (SMGBY), Boston Beer (SAM), Compania Cervecerias Unidas (CCU), Craft Brew Alliance (BREW), Big Rock Brewery (BRBMF) and Athena Silver (AHNR).
What other stocks do shareholders of New Age Beverages own?
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 investors include BlackRock Inc. (6.07%), Vanguard Group Inc. (4.66%), Morgan Stanley (0.75%), Essex Investment Management Co. LLC (0.47%), Northern Trust Corp (0.25%) and Bank of New York Mellon Corp (0.26%). 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 Jane Street Group LLC, Wedbush Securities Inc. and Cambridge Investment Research Advisors Inc.. 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 BlackRock Inc., Vanguard Group Inc., Essex Investment Management Co. LLC, Morgan Stanley, Charles Schwab Investment Management Inc., Bank of New York Mellon Corp, Cubist Systematic Strategies LLC and Wells Fargo & Company MN. 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 $3.37.
How big of a company is New Age Beverages?
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.
