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 (WHO). Since then, NBEV stock has increased by 40.7% and is now trading at $2.42.
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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."
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New Age Beverages is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020.
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New Age Beverages will be holding an earnings conference call on Monday, August 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

New Age Beverages Corp (NASDAQ:NBEV) released its quarterly earnings data on Monday, May, 11th. The company reported ($0.14) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.11) by $0.03. The company 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.

2 brokerages have issued 12 month price targets for New Age Beverages' stock. Their forecasts range from $3.50 to $5.00. On average, they expect New Age Beverages' stock price to reach $4.17 in the next twelve months. This suggests a possible upside of 72.2% from the stock's current price.
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News stories about NBEV stock have been trending very negative recently, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. New Age Beverages earned a daily sentiment score of -3.4 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 0.0 out of 10, indicating that recent press 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), Boston Beer (SAM), Molson Coors Brewing (TAP), San Miguel (SMGBY), Compania Cervecerias Unidas (CCU), Craft Brew Alliance (BREW), Big Rock Brewery (BRBMF) and Athena Silver (AHNR).
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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."

New Age Beverages' stock is owned by many different institutional and retail investors. Top institutional shareholders include Independent Advisor Alliance (0.09%), Virtu Financial LLC (0.08%), AdvisorShares Investments LLC (0.07%), Davy Global Fund Management Ltd (0.04%), Hilton Capital Management LLC (0.03%) and Mutual Advisors LLC (0.03%). 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.

NBEV stock was sold by a variety of institutional investors in the last quarter, including AdvisorShares Investments LLC.
View insider buying and selling activity for New Age Beverages.

NBEV stock was acquired by a variety of institutional investors in the last quarter, including Virtu Financial LLC, Hilton Capital Management LLC, UBS Group AG, Davy Global Fund Management Ltd, Mutual Advisors LLC, and Independent Advisor Alliance. 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 activity for 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.

One share of NBEV stock can currently be purchased for approximately $2.42.

New Age Beverages has a market capitalization of $224.07 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.