Fevertree Drinks (LON:FEVR) Issues Earnings Results

Fevertree Drinks (LON:FEVR) issued its quarterly earnings data on Tuesday. The company reported GBX 28.01 ($0.36) earnings per share (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 Price Performance

Shares of Fevertree Drinks stock traded up GBX 10.50 ($0.14) during trading hours on Thursday, reaching GBX 798.50 ($10.28). The company’s stock had a trading volume of 410,478 shares, compared to its average volume of 828,412. The firm has a 50 day moving average price of GBX 714.07 and a 200-day moving average price of GBX 722.55. The company has a debt-to-equity ratio of 1.50, a current ratio of 4.11 and a quick ratio of 3.21. The stock has a market cap of £1.02 billion, a P/E ratio of 42.50, a P/E/G ratio of -4.51 and a beta of 1.07. Fevertree Drinks has a one year low of GBX 608.50 ($7.83) and a one year high of GBX 1,220 ($15.71).

Fevertree Drinks Increases Dividend

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

Insider Activity at Fevertree Drinks

In other news, insider Andrew Branchflower purchased 31,688 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The stock was purchased at an average cost of GBX 785 ($10.11) per share, with a total value of £248,750.80 ($320,266.25). 10.56% of the stock is owned by insiders.

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.