Splash Beverage Group Inc (AMEX: SBEV) Defies Bearish Expectations and Displays Strong Future Potential

EVTL

In the last trading session, 1.1 million Splash Beverage Group Inc (AMEX:SBEV) shares changed hands as the company’s beta touched 1.22. With the company’s per share price at $0.16 changed hands at -$0.01 or -5.48% during last session, the market valuation stood at $9.72M. SBEV’s last price was a discount, traded about -356.25% off its 52-week high of $0.73. The share price had its 52-week low at $0.14, which suggests the last value was 12.5% up since then.

Analysts gave the Splash Beverage Group Inc (SBEV) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended SBEV as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Splash Beverage Group Inc’s EPS for the current quarter is expected to be -0.08.

Splash Beverage Group Inc (AMEX:SBEV) trade information

Instantly SBEV was in red as seen at the end of in last trading. With action -7.65%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -2.55%, with the 5-day performance at -7.65% in the red. However, in the 30-day time frame, Splash Beverage Group Inc (AMEX:SBEV) is -23.31% down.

The consensus price target for the stock as assigned by Wall Street analysts is 0.5, meaning bulls need an upside of 68.0% from its current market value. According to analyst projections, SBEV’s forecast low is 0.5 with 0.5 as the target high. To hit the forecast high, the stock’s price needs a -212.5% plunge from its current level, while the stock would need to soar -212.5% for it to hit the projected low.

Splash Beverage Group Inc (SBEV) estimates and forecasts

Year-over-year growth is forecast to reach -71.52% down from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 1.8M. 1 analysts are of the opinion that Splash Beverage Group Inc’s revenue for the current quarter will be 3.16M. The company’s revenue for the corresponding quarters a year ago was 2.69M and 1.54M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -33.05%. The estimates for the next quarter sales put growth at 105.23%.

The 2025 estimates are for Splash Beverage Group Inc earnings to increase by 29.29%, but the outlook for the next 5-year period is at 12.64% per year.

SBEV Dividends

Splash Beverage Group Inc is expected to release its next quarterly earnings report in March.

GEODE CAPITAL MANAGEMENT, LLC holds the second largest percentage of outstanding shares, with 4.9722% or 0.26 million shares worth $60323.0 as of 2024-06-30.

Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund . With 950.64 shares estimated at $0.15 million under it, the former controlled 1.54% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 0.49% of the shares, roughly 301.17 shares worth around $47253.0.