NASDAQ:NBEVNew Age Beverages Stock Price, Forecast & News

New Age Beverages' stock was trading at $1.72 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NBEV shares have decreased by 11.6% and is now trading at $1.52. 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) released 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 business earned $63.69 million during 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.

New Age Beverages issued an update on its first quarter 2020 Pre-Market earnings guidance on Tuesday, April, 14th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $62-64 million, compared to the consensus revenue estimate of $56.62 million.

2 brokerages have issued 1-year price targets for New Age Beverages' shares. Their forecasts range from $3.50 to $4.00. On average, they expect New Age Beverages' stock price to reach $3.67 in the next twelve months. This suggests a possible upside of 141.2% from the stock's current price. View analysts' price targets for New Age Beverages.

Media coverage about NBEV stock has been trending somewhat positive recently, according to InfoTrie. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. 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 daily sentiment score of 1.8 on InfoTrie's scale. They also assigned media headlines about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. 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 $1.52.

New Age Beverages has a market capitalization of $140.74 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.