Fevertree Drinks (LON:FEVR) Announces Earnings Results

Fevertree Drinks (LON:FEVR) issued its earnings results on Tuesday. The company reported GBX 28.01 ($0.36) 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

FEVR stock traded up GBX 10 ($0.13) during mid-day trading on Thursday, reaching GBX 798 ($10.27). The company had a trading volume of 442,373 shares, compared to its average volume of 828,935. Fevertree Drinks has a one year low of GBX 608.50 ($7.83) and a one year high of GBX 1,220 ($15.71). The stock has a market capitalization of £1.02 billion, a P/E ratio of 42.48, a P/E/G ratio of -4.51 and a beta of 1.07. The company has a quick ratio of 3.21, a current ratio of 4.11 and a debt-to-equity ratio of 1.50. The stock’s 50-day simple moving average is GBX 714.07 and its two-hundred day simple moving average is GBX 722.55.

Fevertree Drinks Increases Dividend

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

Insider Transactions at Fevertree Drinks

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

About Fevertree Drinks

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.