Fevertree Drinks (LON:FEVR) Posts Quarterly Earnings Results

Fevertree Drinks (LON:FEVR) issued its quarterly earnings results on Tuesday. The company reported GBX 28.01 ($0.36) earnings per share 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 Trading Up 0.3 %

Shares of LON FEVR opened at GBX 790 ($10.17) on Thursday. Fevertree Drinks has a 1 year low of GBX 608.50 ($7.83) and a 1 year high of GBX 1,220 ($15.71). 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 firm has a 50-day moving average of GBX 714.07 and a 200 day moving average of GBX 722.55. The stock has a market cap of £1.01 billion, a P/E ratio of 42.05, a price-to-earnings-growth ratio of -4.51 and a beta of 1.07.

Fevertree Drinks Increases Dividend

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

Insiders Place Their Bets

In related news, insider Andrew Branchflower purchased 31,688 shares of the stock in a transaction dated Thursday, January 30th. The stock was purchased at an average price of GBX 785 ($10.11) per share, with a total value of £248,750.80 ($320,266.25). Corporate insiders own 10.56% of the company’s stock.

Fevertree Drinks Company Profile

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.