National Beverage (FIZZ) AI Stock Analysis

• Market Cap: $3.77B
• Dividend Yield: N/A
• Average Volume (3M): 181.29K
• Price to Earnings (P/E): 20.3
• Beta (1Y): 0.29
• Revenue Growth: 0.73%
• EPS Growth: 12.96%
• Country: US
• Employees: 1,559
• Sector: Consumer Defensive
• Sector Strength: 73
• Industry: Beverages - Non-Alcoholic
• EPS (TTM): 1.98
• Shares Outstanding: 93,614,650
• 10 Day Avg. Volume: 216,964
• 30 Day Avg. Volume: 181,289
• PEG Ratio: 1.57
• Price to Book (P/B): N/A
• Price to Sales (P/S): 3.18
• Price to Cash Flow (P/CF): 22.20
• P/FCF Ratio: 26.50
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $41.00
• Price Target Upside: 1.94% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 1

National Beverage maintains a solid financial position with strong profitability and cash generation capabilities. However, technical indicators suggest bearish momentum, and the lack of guidance in the latest earnings call adds uncertainty. The valuation is moderate, but the absence of a dividend yield might deter income investors. Overall, while financially robust, the stock faces challenges in market sentiment and clarity on future growth.

National Beverage Business Overview & Revenue Model

Company Description

National Beverage Corp. (FIZZ) is a leading American beverage company that specializes in the development, manufacturing, and distribution of a diverse portfolio of sparkling waters, juices, energy drinks, and carbonated soft drinks. The company's flagship brand, LaCroix sparkling water, is widely recognized and has contributed significantly to the popularity of flavored sparkling water across the United States. With a focus on innovation and healthy lifestyle trends, National Beverage offers a range of products that cater to varying consumer preferences through its multiple brands.

How the Company Makes Money

National Beverage Corp. primarily generates revenue through the sale of its beverage products across various channels, including retail grocery stores, convenience stores, and food service outlets. The company capitalizes on consumer demand for healthier beverage options, with LaCroix sparkling water being a major contributor to its revenue streams. Additionally, National Beverage operates a direct-store-delivery system, allowing for efficient distribution and restocking of its products, thereby optimizing sales. Key factors contributing to its earnings include strategic marketing, brand loyalty, and the ability to adapt quickly to market trends and consumer preferences. National Beverage also benefits from economies of scale in production and distribution, enhancing its profitability.

National Beverage Financial Statement Overview

Summary

National Beverage showcases solid profitability and strong balance sheet metrics, with efficient cash generation. However, revenue growth stagnation may pose future challenges. Overall, the company maintains a healthy financial position with effective management of costs and leverage, positioning it well within the competitive non-alcoholic beverage industry.

Income Statement

The company demonstrates strong profitability with a consistent gross profit margin, currently at 37.05% for TTM. The net profit margin has improved to 15.63% TTM, indicating effective cost management. However, the revenue growth rate has been stagnant with a slight decline of 0.31% from the previous annual report, which is a concern. EBIT and EBITDA margins are healthy, reflecting efficient operational management.

Balance Sheet

The balance sheet is solid with a low debt-to-equity ratio of 0.14, suggesting conservative leverage. The equity ratio is strong at 64.60%, indicating a sturdy capital structure. Return on equity remains robust at 51.58%, showcasing efficient use of shareholder funds. However, a decrease in total assets raises some caution.

Cash Flow

The cash flow statement shows a stable operating cash flow to net income ratio of 1.06 TTM, indicating good cash conversion. Free cash flow has grown modestly, but the free cash flow to net income ratio is stable at 0.90. Despite strong cash flow metrics, negative financing cash flow suggests limited reinvestment or debt repayment activities.

Breakdown
TTM	Jun 2024	Jun 2023	Jun 2022	Jun 2021	Jun 2020
Income Statement		Total Revenue
1.19B	1.19B	1.17B	1.14B	1.07B	1.00B
	Gross Profit
440.02M	428.45M	396.79M	417.81M	421.62M	370.14M
	EBIT
230.61M	218.51M	186.68M	207.86M	227.82M	165.75M
	EBITDA
249.79M	238.67M	219.97M	207.86M	258.98M	196.33M
	Net Income Common Stockholders
185.73M	176.73M	142.16M	158.51M	174.15M	129.97M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
327.05M	327.05M	158.07M	48.05M	193.59M	304.52M
	Total Assets
770.15M	770.15M	574.34M	467.80M	557.24M	648.65M
	Total Debt
54.77M	54.77M	41.53M	61.25M	43.64M	49.14M
	Net Debt
-272.28M	-272.28M	-116.55M	13.20M	-149.95M	-255.38M
	Total Liabilities
210.64M	210.64M	201.85M	228.37M	201.24M	196.31M
	Stockholders Equity
559.51M	559.51M	372.49M	239.44M	356.00M	452.34M
Cash Flow		Free Cash Flow
167.79M	167.61M	139.69M	104.12M	168.46M	153.80M
	Operating Cash Flow
195.94M	197.91M	161.66M	133.13M	193.77M	177.69M
	Investing Cash Flow
-28.13M	-30.25M	-21.95M	-29.00M	-25.31M	-23.88M
	Financing Cash Flow
-302.65M	1.31M	-29.69M	-249.67M	-279.38M	-5.49M

National Beverage Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 40.22
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FIZZ, the sentiment is Neutral. The current price of 40.22 is above the 20-day moving average (MA) of 40.05, below the 50-day MA of 41.87, and below the 200-day MA of 45.49, indicating a neutral trend. The MACD of -0.51 indicates Negative momentum. The RSI at 45.55 is Neutral, neither overbought nor oversold. The STOCH value of 50.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for FIZZ.

National Beverage Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
KO	78 Outperform	$301.89B	28.52	42.77%	2.68%	1.96%	-0.45%
MNST	76 Outperform	$53.15B	37.18	25.33%	―	4.94%	-4.13%
KDP	76 Outperform	$46.31B	32.41	5.94%	2.61%	3.62%	-32.23%
CELH	74 Outperform	$6.09B	58.54	11.85%	―	2.85%	-43.53%
FIZZ	70 Outperform	$3.77B	20.28	31.59%	―	0.73%	12.96%
PEP	69 Neutral	$211.47B	22.18	53.09%	3.42%	0.42%	5.77%
Sector *	63 Neutral	$20.85B	13.27	-10.88%	7.48%	1.13%	11.50%