National Beverage (FIZZ) AI Stock Analysis

• Market Cap: $4.07B
• Dividend Yield: N/A
• Average Volume (3M): 203.32K
• Price to Earnings (P/E): 21.9
• Beta (1Y): 0.17
• Revenue Growth: 0.34%
• EPS Growth: 9.48%
• Country: US
• Employees: 1,559
• Sector: Consumer Defensive
• Sector Strength: 90
• Industry: Beverages - Non-Alcoholic
• EPS (TTM): 1.98
• Shares Outstanding: 93,620,250
• 10 Day Avg. Volume: 163,644
• 30 Day Avg. Volume: 203,317
• PEG Ratio: 2.31
• Price to Book (P/B): N/A
• Price to Sales (P/S): 3.09
• Price to Cash Flow (P/CF): 19.70
• P/FCF Ratio: 25.20
• 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: $41.50
• Price Target Upside: -4.64% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2

National Beverage's strong financial performance is the primary driver of its stock score, supported by consistent growth and a solid balance sheet. Technical indicators suggest short-term positive momentum, though the long-term trend remains cautious. The valuation is reasonable, but the lack of a dividend yield may deter some investors.

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 demonstrates financial strength and stability with consistent revenue and profit growth, a robust balance sheet with low debt, and strong cash flow generation. However, there is a slight decline in gross profit margin and negative financing cash flows due to potential strategic debt management.

Income Statement

The company has demonstrated consistent revenue growth over the years, with a recent TTM revenue of $1.18 billion, up from $1.07 billion in 2021. The gross profit margin is slightly declining, but the net profit margin remains stable. EBIT and EBITDA margins are strong, indicating efficient operations.

Balance Sheet

The balance sheet shows a strong equity base with a low debt-to-equity ratio, indicating financial stability. The equity ratio is healthy, implying a strong capital structure. However, there is a slight decrease in stockholders' equity over the period.

Cash Flow

The company has shown strong operating cash flows with consistent free cash flow generation. There is a positive free cash flow growth rate, and the free cash flow to net income ratio is healthy, indicating good cash conversion. However, financing cash flows have been negative, reflecting potential cash outflows for debt repayment or dividends.

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
439.81M	428.45M	396.79M	417.81M	421.62M	370.14M
	EBIT
230.88M	218.51M	186.68M	207.86M	227.82M	165.75M
	EBITDA
241.35M	238.67M	219.97M	207.86M	258.98M	196.33M
	Net Income Common Stockholders
185.78M	176.73M	142.16M	158.51M	174.15M	129.97M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
94.36M	327.05M	158.07M	48.05M	193.59M	304.52M
	Total Assets
256.64M	770.15M	574.34M	467.80M	557.24M	648.65M
	Total Debt
0.00	54.77M	41.53M	61.25M	43.64M	49.14M
	Net Debt
-94.36M	-272.28M	-116.55M	13.20M	-149.95M	-255.38M
	Total Liabilities
91.39M	210.64M	201.85M	228.37M	201.24M	196.31M
	Stockholders Equity
165.26M	559.51M	372.49M	239.44M	356.00M	452.34M
Cash Flow		Free Cash Flow
175.41M	167.61M	139.69M	104.12M	168.46M	153.80M
	Operating Cash Flow
207.06M	197.91M	161.66M	133.13M	193.77M	177.69M
	Investing Cash Flow
-31.64M	-30.25M	-21.95M	-29.00M	-25.31M	-23.88M
	Financing Cash Flow
-303.16M	1.31M	-29.69M	-249.67M	-279.38M	-5.49M

National Beverage Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 43.52
• 50DMA: Positive
• 100DMA: Positive
• 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 43.52 is above the 20-day moving average (MA) of 43.01, above the 50-day MA of 41.45, and below the 200-day MA of 44.81, indicating a neutral trend. The MACD of 0.73 indicates Negative momentum. The RSI at 55.53 is Neutral, neither overbought nor oversold. The STOCH value of 52.52 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
AKO.A	79 Outperform	$3.50B	12.31	24.99%	4.39%	10.23%	19.07%
FIZZ	74 Outperform	$4.07B	21.94	40.81%	―	0.34%	9.48%
KOF	74 Outperform	$5.16B	15.97	17.94%	2.97%	8.74%	16.30%
COCO	70 Outperform	$1.76B	32.59	24.26%	―	4.54%	19.37%
Sector *	64 Neutral	$9.18B	14.52	4.32%	185.59%	3.96%	5.53%
ZVIA	58 Neutral	$166.13M	―	-25.77%	―	-6.83%	19.09%
OTLY	46 Neutral	$278.33M	―	-91.64%	―	4.71%	52.27%