Fevertree Drinks (LON:FEVR) Releases Quarterly Earnings Results

Fevertree Drinks (LON:FEVR) issued its quarterly 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 Up 1.3 %

Shares of LON:FEVR traded up GBX 10 ($0.13) during midday 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. The stock has a market capitalization of £1.02 billion, a P/E ratio of 42.48, a PEG ratio of -4.51 and a beta of 1.07. The stock’s fifty day moving average price is GBX 714.07 and its 200-day moving average price is 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. 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 business also recently declared a dividend, which will be paid on Friday, June 20th. Stockholders 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 dividend yield of 1.43%. This is an increase from Fevertree Drinks’s previous dividend of $5.85. Fevertree Drinks’s dividend payout ratio (DPR) is presently 90.49%.

Insider Buying and Selling at Fevertree Drinks

In other news, insider Andrew Branchflower acquired 31,688 shares of Fevertree Drinks stock in a transaction that occurred on Thursday, January 30th. The shares were purchased at an average cost of GBX 785 ($10.11) per share, for a total transaction of £248,750.80 ($320,266.25). 10.56% of the stock is currently 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.