Zevia PBC (NYSE:ZVIA)’s traded shares stood at 0.34 million during the last session, with the company’s beta value hitting 0.79. At the close of trading, the stock’s price was $2.08, to imply a decrease of -0.48% or -$0.01 in intraday trading. The ZVIA share’s 52-week high remains $4.99, putting it -139.9% down since that peak but still an impressive 70.19% since price per share fell to its 52-week low of $0.62. The company has a valuation of $152.89M, with an average of 0.45 million shares in intraday trading volume over the past 10 days and average of 746.23K shares over the past 3 months.
Analysts have given a consensus recommendation of Buy for Zevia PBC (ZVIA), translating to a mean rating of 2.00. Of 2 analyst(s) looking at the stock, 1 analyst(s) give ZVIA a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.1.
Zevia PBC (NYSE:ZVIA) trade information
After registering a -0.48% downside in the last session, Zevia PBC (ZVIA) has traded red over the past five days. The 5-day price performance for the stock is -6.31%, and -42.06% over 30 days. With these gigs, the year-to-date price performance is -50.36%. Short interest in Zevia PBC (NYSE:ZVIA) saw shorts transact 1.04 million shares and set a 1.65 days time to cover.
The extremes give us $2.75 and $2.75 for target low and target high price respectively. As such, ZVIA has been trading -32.21% off suggested target high and -32.21% from its likely low.
Zevia PBC (ZVIA) estimates and forecasts
The rating firms project that company’s revenue will grow 3.63% compared to the previous financial year.
Revenue forecast for the current quarter as set by 5 analysts is 37.15M. Meanwhile, for the current quarter, a total of 5 analyst(s) estimate revenue growth to 42.41M.Earnings reports from the last fiscal year show that sales brought in 38.8M and 40.43M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -4.24% before jumping 4.90% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -32.77% for the past 5-year period. While 2025 is set for a 33.82% return in earnings, projections for the next 5 years are at 35.79% annually.
ZVIA Dividends
Zevia PBC has its next earnings report out on 2025-Feb-25. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Zevia PBC (NYSE:ZVIA)’s Major holders
Zevia PBC insiders hold 12.84% of total outstanding shares, with institutional holders owning 62.88% of the shares at 72.15% float percentage. In total, 62.88% institutions holds shares in the company, led by CAISSE DE DEPOT ET PLACEMENT DU QUEBEC. As of 2024-06-30, the company held over 22.02 million shares (or 37.5461% of shares), all amounting to roughly $14.87 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 1.28 million shares, or about 2.2871% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $0.86 million.
We also have MERIDIAN CONTRARIAN FUND and Vanguard Extended Market Index Fund as the top two Mutual Funds with the largest holdings of the Zevia PBC (ZVIA) shares. Going by data provided on Dec 31, 2024 , MERIDIAN CONTRARIAN FUND holds roughly 1.0 shares. This is just over 1.61% of the total shares, with a market valuation of $2.08 million. Data from the same date shows that the other fund manager holds a little less at 701.27, or 1.13% of the shares, all valued at about 1.46 million.
