In the latest trading session, 1.0 million Zevia PBC (NYSE:ZVIA) shares changed hands as the company’s beta touched 0.69. With the company’s most recent per share price at $2.30 changed hands at -$0.96 or -29.45% at last look, the market valuation stands at $167.94M. ZVIA’s current price is a discount, trading about -116.96% off its 52-week high of $4.99. The share price had its 52-week low at $0.62, which suggests the last value was 73.04% up since then.
Analysts gave the Zevia PBC (ZVIA) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.80. If we narrow down to specifics, the data shows that 1 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ZVIA as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Zevia PBC’s EPS for the current quarter is expected to be -0.06.
Zevia PBC (NYSE:ZVIA) trade information
Instantly ZVIA was in red as seen in intraday trades today. With action -36.81%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -45.11%, with the 5-day performance at -36.81% in the red. However, in the 30-day time frame, Zevia PBC (NYSE:ZVIA) is -44.58% down.
The consensus price target for the stock as assigned by Wall Street analysts is 2, meaning bulls need a downside of -15.0% from its recent market value. According to analyst projections, ZVIA’s forecast low is 2 with 2 as the target high. To hit the forecast high, the stock’s price needs a 13.04% surge from its current level, while the stock would need to tank 13.04% for it to hit the projected low.
Zevia PBC (ZVIA) estimates and forecasts
Year-over-year growth is forecast to reach 5.74% up from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 40.97M. 3 analysts are of the opinion that Zevia PBC’s revenue for the current quarter will be 42.9M. The company’s revenue for the corresponding quarters a year ago was 38.8M and 40.43M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 5.60%. The estimates for the next quarter sales put growth at 6.13%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -50.67%. The 2025 estimates are for Zevia PBC earnings to increase by 38.97%.
Zevia PBC (NYSE:ZVIA)’s Major holders
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 2.2871% or 1.28 million shares worth $0.86 million 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 627.44 shares estimated at $1.47 million under it, the former controlled 1.05% of total outstanding shares. On the other hand, Vanguard Extended Market Index Fund held about 1.03% of the shares, roughly 618.24 shares worth around $1.45 million.
