In last trading session, Zevia PBC (NYSE:ZVIA) saw 0.29 million shares changing hands with its beta currently measuring 1.01. Company’s recent per share price level of $2.21 trading at $0.09 or 4.25% at ring of the bell on the day assigns it a market valuation of $161.36M. That closing price of ZVIA’s stock is at a discount of -15.38% from its 52-week high price of $2.55 and is indicating a premium of 71.95% from its 52-week low price of $0.62. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.75 million shares which gives us an average trading volume of 330.62K if we extend that period to 3-months.
For Zevia PBC (ZVIA), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.06 in the current quarter.
Zevia PBC (NYSE:ZVIA) trade information
Upright in the green during last session for gaining 4.25%, in the last five days ZVIA remained trading in the green while hitting it’s week-highest on Monday, 11/25/24 when the stock touched $2.21 price level, adding 13.33% to its value on the day. Zevia PBC’s shares saw a change of 9.95% in year-to-date performance and have moved 9.41% in past 5-day. Zevia PBC (NYSE:ZVIA) showed a performance of 90.52% in past 30-days. Number of shares sold short was 0.5 million shares which calculate 0.97 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a fall of -10.5% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 2. It follows that stock’s current price would jump 9.5% in reaching the projected high whereas dropping to the targeted low would mean a gain of 9.5% for stock’s current value.
Zevia PBC (ZVIA) estimates and forecasts
Statistics highlight that Zevia PBC is scoring comparatively higher than the scores of other players of the relevant industry. The company added 168.40% of value to its shares in past 6 months, showing an annual growth rate of 29.27% while that of industry is 11.50. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -6.99% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 39.13M for the same. And 4 analysts are in estimates of company making revenue of 42.1M in the next quarter. Company posted 37.79M and 38.8M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -50.67% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 26.02% while estimates for its earnings growth in next 5 years are of 19.70%.
Zevia PBC (NYSE:ZVIA)’s Major holders
Insiders are in possession of 13.28% of company’s total shares while institution are holding 51.87 percent of that, with stock having share float percentage of 59.81%. Investors also watch the number of corporate investors in a company very closely, which is 51.87% institutions for Zevia PBC that are currently holding shares of the company. CAISSE DE DEPOT ET PLACEMENT DU QUEBEC is the top institutional holder at ZVIA for having 22.02 million shares of worth $14.87 million. And as of 2024-06-30, it was holding 39.4024 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 1.28 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.2871 of outstanding shares, having a total worth of $0.86 million.
