National Beverage (FIZZ) AI Stock Analysis

• Market Cap: $4.27B
• Dividend Yield: N/A
• Average Volume (3M): 168.52K
• Price to Earnings (P/E): 22.9
• Beta (1Y): 0.20
• Revenue Growth: 0.34%
• EPS Growth: 9.48%
• Country: US
• Employees: 1,559
• Sector: Consumer Defensive
• Sector Strength: 72
• Industry: Beverages - Non-Alcoholic
• EPS (TTM): 0.42
• Shares Outstanding: 93,620,250
• 10 Day Avg. Volume: 160,849
• 30 Day Avg. Volume: 168,524
• PEG Ratio: N/A
• Price to Book (P/B): 10.08
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 23.00
• 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: -6.45% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 2

• Rating: 77 Outperform
• Price Target: $50.00 ▲( 12.71% Upside)

National Beverage exhibits strong financial performance with consistent growth and a solid balance sheet, which is the primary driver of its stock score. The technical indicators support a positive trend, though valuation suggests fair pricing. The absence of a dividend yield might limit appeal for some investors, but the overall outlook remains positive, especially for those focused on growth.

National Beverage Business Overview & Revenue Model

Company 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.

How the Company Makes Money

National Beverage Corp. generates revenue through the production, marketing, and distribution of its diverse portfolio of beverage products. The company's primary revenue stream comes from sales of its LaCroix brand, which has seen substantial growth due to increasing demand for healthier beverage options. Additionally, National Beverage benefits from its other brands, such as Shasta and Faygo, which contribute to its earnings through their presence in the carbonated soft drink market. The company sells its products through a combination of direct-store delivery and warehouse distribution, catering to a wide range of retail channels including grocery stores, convenience stores, and online platforms. Strategic marketing initiatives and a focus on consumer trends towards health and wellness have been significant factors in driving the company's sales and profitability.

National Beverage Financial Statement Overview

Summary

National Beverage demonstrates financial strength and stability across its financial statements, with consistent revenue and profit growth and a robust balance sheet. Cash flow generation is strong, though financing activities have been negative, possibly due to strategic debt management. Overall, the company is well-positioned in the non-alcoholic beverage industry.

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
246.13M	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
149.22M	327.05M	158.07M	48.05M	193.59M	304.52M
	Total Assets
594.02M	770.15M	574.34M	467.80M	557.24M	648.65M
	Total Debt
55.33M	54.77M	41.53M	61.25M	43.64M	49.14M
	Net Debt
-93.89M	-272.28M	-116.55M	13.20M	-149.95M	-255.38M
	Total Liabilities
193.78M	210.64M	201.85M	228.37M	201.24M	196.31M
	Stockholders Equity
400.24M	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: Positive
• Last Price: 44.36
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For FIZZ, the sentiment is Positive. The current price of 44.36 is above the 20-day moving average (MA) of 44.02, above the 50-day MA of 42.81, and above the 200-day MA of 44.28, indicating a bullish trend. The MACD of 0.54 indicates Negative momentum. The RSI at 53.77 is Neutral, neither overbought nor oversold. The STOCH value of 80.92 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive 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	$3.76B	13.19	23.07%	3.99%	13.22%	11.37%
COCO	79 Outperform	$2.11B	36.19	24.86%	―	8.01%	11.26%
FIZZ	77 Outperform	$4.27B	22.85	40.81%	―	0.34%	9.48%
KOF	74 Outperform	$4.87B	15.64	17.12%	3.18%	1.54%	4.48%
Sector *	64 Neutral	$8.78B	14.55	4.78%	173.91%	3.39%	2.17%
ZVIA	54 Neutral	$218.95M	―	-28.87%	―	-6.83%	19.09%
OTLY	52 Neutral	$306.76M	―	-85.68%	―	4.56%	57.03%