National Beverage Corp. (NASDAQ:FIZZ)

National Beverage Corp. FIZZ

Consumer Defensive - Beverages - Non-Alcoholic - NASDAQ - US

Watchlist

$ 48.21

-0.721 %

$ 4.51 B

Market Cap

24.47

P/E

1. INTRINSIC VALUE

National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company offers beverages to the active and health-conscious consumers, including sparkling waters, energy drinks, and juices under the LaCroix, LaCroix Cúrate, LaCroix NiCola, Clear Fruit, Rip It, Everfresh, Everfresh Premier Varietals, and Mr. Pure brands. It also offers carbonated soft drinks under the Shasta and Faygo brands. The company serves retailers, as well as various smaller up-and-down-the-street accounts through the take-home, convenience, and food-service distribution channels. National Beverage Corp. was incorporated in 1985 and is based in Fort Lauderdale, Florida.[ Read More ]

The intrinsic value of one FIZZ stock under the base case scenario is HIDDEN Compared to the current market price of 48.2 USD, National Beverage Corp. is HIDDEN

FIZZ Intrinsic Value
HIDDEN

SHOW

2. FUNDAMENTAL ANALYSIS

Price Chart FIZZ

FINANCIALS

Annual
Quarterly

1.19 B REVENUE

Growth Rates

1Year 1.60%

3Years 3.58%

5Years 3.28%

7Years 5.36%

10Years 6.40%

219 M OPERATING INCOME

Growth Rates

1Year 17.05%

3Years -1.38%

5Years 3.96%

7Years 4.32%

10Years 12.99%

177 M NET INCOME

Growth Rates

1Year 24.32%

3Years 0.49%

5Years 4.64%

7Years 7.43%

10Years 15.01%

198 M OPERATING CASH FLOW

Growth Rates

1Year 22.42%

3Years 0.71%

5Years 7.25%

7Years 8.23%

10Years 14.22%

-30.2 M INVESTING CASH FLOW

Growth Rates

1Year -37.79%

3Years -6.12%

5Years 4.62%

7Years -11.65%

10Years -9.63%

1.31 M FINANCING CASH FLOW

Growth Rates

1Year 104.43%

3Years 26.09%

5Years 14.98%

7Years 10.56%

10Years 7.42%

329 M REVENUE

Growth Rates

1Year 1.60%

3Years 3.58%

5Years 3.28%

7Years 5.36%

10Years 6.40%

69.5 M OPERATING INCOME

Growth Rates

1Year 17.05%

3Years -1.38%

5Years 3.96%

7Years 4.32%

10Years 12.99%

56.8 M NET INCOME

Growth Rates

1Year 24.32%

3Years 0.49%

5Years 4.64%

7Years 7.43%

10Years 15.01%

57.5 M OPERATING CASH FLOW

Growth Rates

1Year 22.42%

3Years 0.71%

5Years 7.25%

7Years 8.23%

10Years 14.22%

-3.7 M INVESTING CASH FLOW

Growth Rates

1Year -37.79%

3Years -6.12%

5Years 4.62%

7Years -11.65%

10Years -9.63%

-304 M FINANCING CASH FLOW

Growth Rates

1Year 104.43%

3Years 26.09%

5Years 14.98%

7Years 10.56%

10Years 7.42%

Balance Sheet Decomposition National Beverage Corp.

770 M ASSETS
211 M LIABILITIES

Current Assets	537 M
Cash & Short-Term Investments	327 M
Receivables	103 M
Other Current Assets	107 M
Non-Current Assets	233 M
Long-Term Investments	0
PP&E	213 M
Other Non-Current Assets	20.1 M

Current Liabilities	138 M
Accounts Payable	78.3 M
Short-Term Debt	26.2 M
Other Current Liabilities	33.5 M
Non-Current Liabilities	72.7 M
Long-Term Debt	41.7 M
Other Non-Current Liabilities	31 M

EFFICIENCY

Earnings Waterfall National Beverage Corp.

Revenue	1.19 B
Cost Of Revenue	763 M
Gross Profit	428 M
Operating Expenses	210 M
Operating Income	219 M
Other Expenses	41.8 M
Net Income	177 M

RATIOS

35.95% GROSS MARGIN

Averages

1Year 35.95%

3Years 35.50%

5Years 36.56%

7Years 37.26%

10Years 36.84%

18.34% OPERATING MARGIN

Averages

1Year 18.34%

3Years 17.51%

5Years 18.07%

7Years 18.43%

10Years 17.33%

14.83% NET MARGIN

Averages

1Year 14.83%

3Years 13.63%

5Years 14.02%

7Years 14.19%

10Years 12.86%

31.59% ROE

Averages

1Year 31.59%

3Years 45.32%

5Years 42.72%

7Years 43.04%

10Years 40.79%

22.95% ROA

Averages

1Year 22.95%

3Years 27.19%

5Years 26.57%

7Years 28.09%

10Years 26.65%

29.34% ROIC

Averages

1Year 29.34%

3Years 41.37%

5Years 40.21%

7Years 41.08%

10Years 39.18%

FREE CASH FLOW ANALYSIS

Free Cash Flow Analysis National Beverage Corp.

Net Income	177 M
Depreciation & Amortization	20.2 M
Capital Expenditures	-30.3 M
Stock-Based Compensation	881 K
Change in Working Capital	-14.8 M
Others	-5.01 M
Free Cash Flow	168 M

3. WALL STREET ANALYSTS ESTIMATES

Wall Street Analysts Price Targets National Beverage Corp.

Wall Street analysts predict an average 1-year price target for FIZZ of $43.3 , with forecasts ranging from a low of $38 to a high of $45 .

FIZZ Lowest Price Target Wall Street Target

38 USD -21.18%

FIZZ Average Price Target Wall Street Target

43.3 USD -10.12%

FIZZ Highest Price Target Wall Street Target

45 USD -6.66%

4. DIVIDEND ANALYSIS

6.50% DIVIDEND YIELD

3.25 USD DIVIDEND PER SHARE

5. COMPETITION

Celsius Holdings, Inc. develops, processes, markets, distributes, and sells functional drinks and liquid supplements in North America, Europe, Asia, and internationally.

-3.65 USD

CELH

Overvalued 114.23%

Monster Beverage Corporation, through its subsidiaries, engages in development, marketing, sale, and distribution of energy drink beverages and concentrates in the United States and internationally.

61.5 USD

MNST

Undervalued 18.27%

Coca-Cola FEMSA, S.A.B. de C.V., a franchise bottler, produces, markets, sells, and distributes Coca-Cola trademark beverages. The company offers sparkling beverages, including colas and flavored sparkling beverages; and waters and other beverages, such as juice drinks, coffee, teas, milk, value-added dairy products, sports and energy drinks, and plant-based drinks.

165 USD

KOF

Undervalued 112.58%

Keurig Dr Pepper Inc. operates as a beverage company in the United States and internationally. It operates through Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages segments.

52 USD

KDP

Undervalued 64.35%

Embotelladora Andina S.A., together with its subsidiaries, produces, markets, and distributes Coca-Cola trademark beverages in Chile, Brazil, Argentina, and Paraguay. It offers fruit juices, other fruit-flavored beverages, sport drinks, flavored waters, and mineral and purified water; hard seltzers; polyethylene terephthalate (PET) bottles and preforms, returnable PET bottles, cases, and plastic caps; ice tea and mate beverages, as well as sells and distributes lactose free dairy products; and seed-based beverages.

Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. The company offers flavours, mixers, and energy drinks; soft drinks, waters, enhanced water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks.

144 USD

CCEP

Undervalued 90.63%

Coca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States.

693 USD

COKE

Overvalued 42.74%

6. Ownership

Insider Ownership National Beverage Corp.

Summary
Transactions

Sold

0-3 MONTHS

0 USD 0

3-6 MONTHS

1.33 M USD 2

6-9 MONTHS

575 K USD 1

9-12 MONTHS

0 USD 0

Bought

0 USD 0

0-3 MONTHS

0 USD 0

3-6 MONTHS

0 USD 0

6-9 MONTHS

0 USD 0

9-12 MONTHS

Date	Value	Insider	Amount	Avg Price
4 months ago Jul 11, 2024	Sell 501 K USD	CONLEE CECIL D Director	- 10000	50.113 USD
4 months ago Jul 05, 2024	Sell 829 K USD	sheridan stanley michael Director	- 16000	51.813 USD
7 months ago Apr 09, 2024	Sell 575 K USD	CONLEE CECIL D Director	- 12000	47.937 USD
1 year ago Oct 16, 2023	Sell 138 K USD	CONLEE CECIL D Director	- 3021	45.74 USD
1 year ago Oct 17, 2023	Sell 221 K USD	CONLEE CECIL D Director	- 4844	45.53 USD
1 year ago Oct 18, 2023	Sell 242 K USD	CONLEE CECIL D Director	- 5335	45.44 USD
2 years ago Jul 11, 2022	Sell 594 K USD	CONLEE CECIL D director:	- 12000	49.52 USD
2 years ago Dec 15, 2021	Bought 4.6 K USD	sheridan stanley michael Director	+ 100	45.9551 USD
5 years ago Mar 18, 2019	Bought 99.5 K USD	CAPORELLA NICK A COB & CEO	+ 1650	60.31 USD
5 years ago Mar 15, 2019	Bought 99.5 K USD	CAPORELLA NICK A COB & CEO	+ 1650	60.3 USD
5 years ago Mar 14, 2019	Bought 360 K USD	CAPORELLA JOSEPH G President	+ 6000	59.95 USD
9 years ago Sep 23, 2015	Bought 45.4 K USD	CONLEE CECIL D Director	+ 1600	28.38 USD
11 years ago Sep 16, 2013	Bought 25.5 K USD	HATHORN SAMUEL C Director	+ 1491	17.0942 USD
11 years ago Jan 25, 2013	Bought 20 M USD	BRACKEN GEORGE R EVP Finance	+ 400000	50 USD
12 years ago Apr 24, 2012	Bought 83.9 K USD	sheridan stanley michael Director	+ 6000	13.98 USD
14 years ago Jan 25, 2010	Bought 57.5 K USD	CONLEE CECIL D Director	+ 5000	11.4929 USD
15 years ago Sep 14, 2009	Bought 23.9 K USD	CONLEE CECIL D Director	+ 2400	9.9739 USD
15 years ago Apr 20, 2009	Bought 51 K USD	CONLEE CECIL D Director	+ 5000	10.2042 USD
15 years ago Apr 14, 2009	Bought 63.1 K USD	CONLEE CECIL D Director	+ 6160	10.2494 USD
15 years ago Apr 13, 2009	Bought 2 K USD	CONLEE CECIL D Director	+ 200	9.98 USD
15 years ago Apr 08, 2009	Bought 36.3 K USD	CONLEE CECIL D Director	+ 3640	9.9757 USD
17 years ago Sep 19, 2007	Bought 41 K USD	CAPORELLA JOSEPH G President	+ 5000	8.2 USD
17 years ago Jul 31, 2007	Sell 46.8 K USD	KLOCH JOSEPH P JR Director	- 4400	10.64 USD
17 years ago Aug 01, 2007	Sell 97.8 K USD	KLOCH JOSEPH P JR Director	- 10000	9.78 USD
17 years ago Jul 25, 2007	Bought 29.7 K USD	HATHORN SAMUEL C Director	+ 3000	9.9 USD
17 years ago Jul 24, 2007	Bought 30 K USD	HATHORN SAMUEL C Director	+ 3000	10 USD
17 years ago Jul 24, 2007	Bought 20 K USD	CAPORELLA JOSEPH G President	+ 2000	10.01 USD
17 years ago Jul 20, 2007	Bought 62.7 K USD	KLING S LEE Director	+ 6000	10.451 USD
19 years ago Aug 04, 2005	Bought 32 K USD	KLING S LEE Director	+ 4000	8 USD
19 years ago Aug 04, 2005	Bought 16.1 K USD	KLING S LEE Director	+ 2000	8.05 USD
19 years ago Mar 24, 2005	Bought 7.9 K USD	CAPORELLA JOSEPH G President	+ 1000	7.9 USD
19 years ago Dec 31, 2004	Bought 8.37 K USD	CAPORELLA JOSEPH G President	+ 1000	8.37 USD
20 years ago Jul 22, 2004	Bought 23.3 K USD	KLOCH JOSEPH P JR Director	+ 3000	7.78 USD
20 years ago Jul 21, 2004	Bought 3.27 K USD	CAPORELLA JOSEPH G President	+ 400	8.18 USD
20 years ago Jul 21, 2004	Bought 13.1 K USD	CAPORELLA JOSEPH G President	+ 1600	8.2 USD
20 years ago Apr 30, 2004	Bought 4.6 K USD	CAPORELLA JOSEPH G President	+ 500	9.19 USD
20 years ago Apr 30, 2004	Bought 4.55 K USD	CAPORELLA JOSEPH G President	+ 500	9.1 USD
20 years ago Mar 08, 2004	Bought 43.5 K USD	CAPORELLA JOSEPH G President	+ 2000	21.75 USD
21 years ago Aug 01, 2003	Bought 81.1 K USD	HATHORN SAMUEL C Director	+ 6000	13.52 USD

7. News

National Beverage: Growth Fizzing Out With Questionable Earnings Quality National Beverage's Q1'25 results showed modest revenue growth and margin expansion driven by external factors, suggesting poor earnings quality and indefensible profit margins. The company's key product segments, particularly Power+ Brands, are struggling amidst increased competition and shifting consumer preferences, raising concerns about future growth. Despite a strong balance sheet and low debt, the valuation appears unattractive, with shares potentially overvalued compared to better-quality peers like Coca-Cola and PepsiCo. seekingalpha.com - 1 month ago

National Beverage Corp. FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--National Beverage Corp. (NASDAQ: FIZZ) today announced results for its first quarter ended July 27, 2024. Compared to the prior year: Net sales increased to a record $329 million. Operating profit increased 10% to $70 million. Net income increased 14% to a record $57 million. After a $304 million dividend payment, cash exceeded $77 million; and Earnings per share increased from $.53 to $.61. “Some may call this summer of 2024 – the summer of gold, the sum. businesswire.com - 2 months ago

National Beverage Corp. FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--National Beverage Corp. (NASDAQ: FIZZ) today announced results for its fourth quarter and fiscal year ended April 27, 2024. Our recent disclosures and this earnings report confirm that a new and more stimulating period has begun. Compared to the prior year – Fourth Quarter Net sales increased $11 million to $297 million; Gross margins grew 100 bps to 36.7% of sales; and Net income increased 20% to $44 million, or $.47 per share. Fiscal Year Net sales incr. businesswire.com - 4 months ago

National Beverage Corp. Announces LaCroix Partnership with Inter Miami CF FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--National Beverage Corp. (NASDAQ: FIZZ) today announced its LaCroix brand has been named the official sparkling water of Inter Miami CF, the top-ranked Major League Soccer (MLS) team. This collaboration is set to bring a refreshing wave of enthusiasm to the local community, as both organizations are proudly headquartered in South Florida. “As a brand beloved by moms and kids for its variety of delightful flavors and health-conscious hydration, LaCroix spar. businesswire.com - 4 months ago

LaCroix Kicks Off Partnership With San Diego Wave FC FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--LaCroix Sparkling Water by National Beverage Corp. (NASDAQ: FIZZ) is proud to announce its exciting new multi-year partnership with San Diego Wave FC. LaCroix, the premium domestic sparkling water brand, is beloved by parents for all members of the family. There is no better association for LaCroix than the beginning of healthy nutrition, and activities such as soccer that teach our youth competitive practices in life. LaCroix Sparkling Water has dedicate. businesswire.com - 4 months ago

National Beverage Corp. Makes High Goals . . . Higher! FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--National Beverage Corp. (NASDAQ: FIZZ), honoring its committed goal to shareholders, today announced that its Board of Directors has declared a special cash dividend of $3.25 per share to shareholders of record on June 24, 2024. FIZZ will trade ex-dividend on June 24, 2024, and the payment date for this dividend will be on or before July 24, 2024. “With this special dividend, our twelfth in the past 20 years, FIZZ holders will have received $16.53 per sha. businesswire.com - 5 months ago

National Beverage Corp. (NASDAQ:FIZZ) Shares Sold by Amalgamated Bank Amalgamated Bank lowered its position in National Beverage Corp. (NASDAQ:FIZZ – Free Report) by 2.3% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,154 shares of the company’s stock after selling 241 shares during the period. Amalgamated Bank’s holdings in National Beverage were worth $505,000 at the end of the most recent quarter. Several other hedge funds have also modified their holdings of the company. Headlands Technologies LLC purchased a new position in National Beverage during the fourth quarter worth approximately $30,000. GAMMA Investing LLC purchased a new position in National Beverage in the 4th quarter valued at about $34,000. Covestor Ltd boosted its holdings in National Beverage by 12.9% in the 3rd quarter. Covestor Ltd now owns 2,621 shares of the company’s stock worth $123,000 after buying an additional 299 shares during the last quarter. SG Americas Securities LLC purchased a new stake in National Beverage during the 4th quarter worth approximately $175,000. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its position in shares of National Beverage by 43.7% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,248 shares of the company’s stock valued at $200,000 after acquiring an additional 1,292 shares in the last quarter. 23.95% of the stock is owned by hedge funds and other institutional investors. Insider Transactions at National Beverage In related news, Director Cecil D. Conlee sold 12,000 shares of National Beverage stock in a transaction that occurred on Tuesday, April 9th. The stock was sold at an average price of $47.94, for a total transaction of $575,280.00. Following the transaction, the director now owns 60,480 shares in the company, valued at $2,899,411.20. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders own 75.00% of the company’s stock. National Beverage Stock Performance Shares of FIZZ stock opened at $46.88 on Monday. National Beverage Corp. has a fifty-two week low of $43.14 and a fifty-two week high of $55.12. The firm has a market capitalization of $4.39 billion, a P/E ratio of 25.90 and a beta of 0.87. The stock’s fifty day moving average is $46.88 and its two-hundred day moving average is $48.38. National Beverage (NASDAQ:FIZZ – Get Free Report) last posted its quarterly earnings results on Thursday, March 7th. The company reported $0.42 earnings per share for the quarter. National Beverage had a net margin of 14.34% and a return on equity of 38.23%. The firm had revenue of $270.07 million for the quarter. National Beverage Profile (Free Report) National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company's Power+ brand portfolio offers sparkling water products under the LaCroix, LaCroix Cúrate, and LaCroix NiCola; non-carbonated flavored water under the Clear Fruit; energy drink and shots under the Rip It; juice and juice-based products under Everfresh, Everfresh Premier Varietals, and Mr. https://www.defenseworld.net - 5 months ago

National Beverage Corp. Reports Exceptional Winter Quarter FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--National Beverage Corp. (NASDAQ: FIZZ) today announced results for its third quarter ended January 27, 2024. Compared to the prior year: Net sales increased to a record $270 million; Gross profit grew to an all-time high of $97 million and gross profit margin increased to 36% of sales; Operating income rose to $48 million, a record and a 120 bps margin improvement; Earnings per share increased 14% to $.42; and Cash grew to $277 million. “We are pleased to. businesswire.com - 8 months ago

National Beverage Commemorates 30 Years of Supporting ‘HOPE' for the Children of St. Jude FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Commemorating its 30th year as a continuing partner of St. Jude Children's Research Hospital®, National Beverage Corp. (NASDAQ: FIZZ) asks all to help St. Jude as it leads the way the world understands, treats and defeats childhood cancer and other life-threatening diseases. St. Jude's lifesaving mission is clear: Finding Cures. Saving Children.® “You cannot possibly place a value on the gift of HOPE . . . it is unconditionally priceless!” avowed Nick A. businesswire.com - 11 months ago

National Beverage Corp. Reports Record Revenues and Double-Digit Earnings Growth FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--National Beverage Corp. (NASDAQ: FIZZ) today announced results for its second quarter and six months ended October 28, 2023. Compared to the prior year: Second Quarter: Net sales increased to a record $300 million, Gross margin improved 250 bps to 36% of net sales; and Earnings per share increased 21% to $.47. Six Months: Net sales increased to a first-half record of $624 million, Operating income grew 26% to $117 million, Net income increased $22 million. businesswire.com - 11 months ago

National Beverage: Conservatism Doesn't Reach The Valuation National Beverage Corp. has achieved modest organic growth through the expansion of its LaCroix brand and other new product launches. The company has a very conservative approach to financing and M&A activity. The stock is currently valued very high, making it overvalued with my DCF model estimates. seekingalpha.com - 1 year ago

7 Strong Sell Stocks Ready to Take a Deep Dive While it's unclear whether the market is on the precipice of another sell-off, now may be the time to clear out any strong sell stocks from your portfolio. Even as it may seem like investors have absorbed the impact of high inflation, high interest rates, and the possibility of a 2024 recession, that may not necessarily be the case. investorplace.com - 1 year ago

8. Profile Summary

National Beverage Corp. FIZZ

COUNTRY US

INDUSTRY Beverages - Non-Alcoholic

MARKET CAP $ 4.51 B

Dividend Yield 6.50%

Description National Beverage Corp., through its subsidiaries, develops, produces, markets, and sells a portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks primarily in the United States and Canada. The company offers beverages to the active and health-conscious consumers, including sparkling waters, energy drinks, and juices under the LaCroix, LaCroix Cúrate, LaCroix NiCola, Clear Fruit, Rip It, Everfresh, Everfresh Premier Varietals, and Mr. Pure brands. It also offers carbonated soft drinks under the Shasta and Faygo brands. The company serves retailers, as well as various smaller up-and-down-the-street accounts through the take-home, convenience, and food-service distribution channels. National Beverage Corp. was incorporated in 1985 and is based in Fort Lauderdale, Florida.

Contact 8100 SW Tenth Street, Fort Lauderdale, FL, 33324 https://www.nationalbeverage.com

IPO Date Sept. 13, 1991

Employees 1559

Officers Mr. George R. Bracken Executive Vice President of Finance Mr. Joseph G. Caporella President & Director Mr. Nick A. Caporella Chairman & Chief Executive Officer

Price Chart FIZZ

National Beverage Corp. FIZZ

Premium Plan

Unlimited Plan