Zevia PBC (NYSE:ZVIA) has a beta value of 0.64 and has seen 0.52 million shares traded in the recent trading session. The company, currently valued at $75.26M, closed the recent trade at $1.03 per share which meant it lost -$0.06 on the day or -5.05% during that session. The ZVIA stock price is -134.95% off its 52-week high price of $2.42 and 39.81% above the 52-week low of $0.62. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.19 million shares traded. The 3-month trading volume is 144.64K shares.
The consensus among analysts is that Zevia PBC (ZVIA) is Buy stock at the moment, with a recommendation rating of 2.00. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.08.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Zevia PBC (NYSE:ZVIA) trade information
Sporting -5.05% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ZVIA stock price touched $1.03 or saw a rise of 14.88%. Year-to-date, Zevia PBC shares have moved -48.51%, while the 5-day performance has seen it change -12.29%. Over the past 30 days, the shares of Zevia PBC (NYSE:ZVIA) have changed -1.43%. Short interest in the company has seen 0.72 million shares shorted with days to cover at 6.24.
Wall Street analysts have a consensus price target for the stock at $2, which means that the shares’ value could jump 48.5% from the levels at last check today.. The projected low price target is $2.0 while the price target rests at a high of $2.0. In that case, then, we find that the latest price level in today’s session is -94.17% off the targeted high while a plunge would see the stock gain -94.17% from the levels at last check today..
Zevia PBC (ZVIA) estimates and forecasts
Figures show that Zevia PBC shares have outperformed across the wider relevant industry. The company’s shares have gained 20.94% over the past 6 months, with this year growth rate of 12.20%, compared to 11.60% for the industry. Revenue growth from the last financial year stood is estimated to be -4.60%.
5 analysts offering their estimates for the company have set an average revenue estimate of 39.2M for the current quarter. 5 have an estimated revenue figure of 40.65M for the next ending quarter.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -50.67% over the past 5 years. Earnings growth for 2024 is a modest 16.74% while over the next 5 years, the company’s earnings are expected to increase by 19.70%.
ZVIA Dividends
Zevia PBC is expected to release its next earnings report on 2024-Nov-06 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Zevia PBC (NYSE:ZVIA)’s Major holders
Insiders own 13.47% of the company shares, while shares held by institutions stand at 54.52% with a share float percentage of 63.00%. Investors are also buoyed by the number of investors in a company, with Zevia PBC having a total of 72.0 institutions that hold shares in the company. The top two institutional holders are CAISSE DE DEPOT ET PLACEMENT DU QUEBEC with over 22.02 million shares worth more than $14.87 million. As of 2024-06-30, CAISSE DE DEPOT ET PLACEMENT DU QUEBEC held 39.4024% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 1.28 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.86 million and represent 2.2871% of shares outstanding.
