Fevertree Drinks (LON:FEVR) Posts Earnings Results

Fevertree Drinks (LON:FEVR) released its earnings results on Tuesday. The company reported GBX 28.01 ($0.36) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Fevertree Drinks had a return on equity of 9.30% and a net margin of 6.05%.

Fevertree Drinks Stock Performance

Shares of LON FEVR traded up GBX 7.53 ($0.10) during mid-day trading on Thursday, hitting GBX 795.53 ($10.24). The company had a trading volume of 405,151 shares, compared to its average volume of 828,325. The business’s 50-day simple moving average is GBX 714.07 and its 200-day simple moving average is GBX 722.55. The company has a debt-to-equity ratio of 1.50, a current ratio of 4.11 and a quick ratio of 3.21. The firm has a market cap of £1.01 billion, a P/E ratio of 42.35, a PEG ratio of -4.51 and a beta of 1.07. Fevertree Drinks has a 12 month low of GBX 608.50 ($7.83) and a 12 month high of GBX 1,220 ($15.71).

Fevertree Drinks Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, June 20th. Stockholders of record on Thursday, May 15th will be issued a dividend of GBX 11.12 ($0.14) per share. This is an increase from Fevertree Drinks’s previous dividend of $5.85. The ex-dividend date is Thursday, May 15th. This represents a dividend yield of 1.43%. Fevertree Drinks’s payout ratio is presently 90.49%.

Insider Activity

In other news, insider Andrew Branchflower bought 31,688 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The stock was acquired at an average price of GBX 785 ($10.11) per share, for a total transaction of £248,750.80 ($320,266.25). Corporate insiders own 10.56% of the company’s stock.

Fevertree Drinks Company Profile

Fevertree Drinks PLC, together with its subsidiaries, engages in the development and sale of premium mixer drinks in the United Kingdom, the United States, rest of Europe, and internationally. It offers Indian, Mediterranean, summer garden, elderflower, cucumber, damson and sloe berry, rhubarb and raspberry, aromatic, lemon, and Clementine tonic water products; pink grapefruit, soda water, raspberry and orange blossom, Mexican lime, Italian blood orange, white grape and apricot sodas; Silician, premium, and Madagascan cola and lemonades; British apple with garden mint, ginger, Sicilian lemonade, sparkling Mexican lime, Italian white grape and apricot, and light raspberry and rose lemonade softdrinks; and gingers.