During the last session, Splash Beverage Group Inc (AMEX:SBEV)’s traded shares were 0.43 million, with the beta value of the company hitting 1.06. The 52-week high for the SBEV share is $0.73, that puts it down -247.62 from that peak though still a striking 33.33% gain since the share price plummeted to a 52-week low of $0.14. The company’s market capitalization is $13.21M, and the average intraday trading volume over the past 10 days was 0.48 million shares, and the average trade volume was 521.17K shares over the past three months.
Splash Beverage Group Inc (SBEV) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. SBEV has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.06.
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
Splash Beverage Group Inc (AMEX:SBEV) trade information
Splash Beverage Group Inc (SBEV) registered a 1.90% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.90% in intraday trading to $0.21, hitting a weekly high. The stock’s 5-day price performance is 18.04%, and it has moved by -4.76% in 30 days. Based on these gigs, the overall price performance for the year is -64.21%. The short interest in Splash Beverage Group Inc (AMEX:SBEV) is 0.22 million shares and it means that shorts have 0.4 day(s) to cover.
The consensus price target of analysts on Wall Street is $3, which implies an increase of 93.0% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1 and $5 respectively. As a result, SBEV is trading at a discount of -2280.95% off the target high and -376.19% off the low.
Splash Beverage Group Inc (SBEV) estimates and forecasts
Statistics show that Splash Beverage Group Inc has outperformed its competitors in share price, compared to the industry in which it operates. Splash Beverage Group Inc (SBEV) shares have gone down -24.65% during the last six months, with a year-to-date growth rate more than the industry average at 28.57% against 3.50. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 50.00% this quarter and then jump 40.00% in the quarter after that. In the rating firms’ projections, revenue will decrease -52.08% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 4.32M as predicted by 2 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 9.5M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 2.69M and 1.54M respectively. In this case, analysts expect current quarter sales to grow by 60.76% and then jump by 516.61% in the coming quarter.
While earnings are projected to return 30.30% in 2024.
SBEV Dividends
Splash Beverage Group Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Splash Beverage Group Inc (AMEX:SBEV)’s Major holders
Splash Beverage Group Inc insiders own 16.99% of total outstanding shares while institutional holders control 7.06%, with the float percentage being 8.50%. CHOREO, LLC is the largest shareholder of the company, while 33.0 institutions own stock in it. As of 2024-06-30, the company held over 1.37 million shares (or 3.0486% of all shares), a total value of $0.34 million in shares.
The next largest institutional holding, with 1.26 million shares, is of VANGUARD GROUP INC’s that is approximately 2.8082% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $0.29 million.
Also, the Mutual Funds coming in first place with the largest holdings of Splash Beverage Group Inc (SBEV) shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . Data provided on Jun 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 950.64 shares. This amounts to just over 1.54 percent of the company’s overall shares, with a $0.2 million market value. The same data shows that the other fund manager holds slightly less at 301.17, or about 0.49% of the stock, which is worth about $64450.0.
