Zevia PBC (NYSE:ZVIA) has a beta value of 0.91 and has seen 1.8 million shares traded in the last trading session. The company, currently valued at $220.43M, closed the last trade at $2.97 per share which meant it gained $0.33 on the day or 12.50% during that session. The ZVIA stock price is -68.01% off its 52-week high price of $4.99 and 75.42% above the 52-week low of $0.73. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.99 million shares traded. The 3-month trading volume is 750.83K shares.
The consensus among analysts is that Zevia PBC (ZVIA) is Buy stock at the moment, with a recommendation rating of 2.00. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight.
Zevia PBC (NYSE:ZVIA) trade information
Sporting 12.50% in the green in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ZVIA stock price touched $2.97 or saw a rise of 9.73%. Year-to-date, Zevia PBC shares have moved 306.85%, while the 5-day performance has seen it change -6.01%. Over the past 30 days, the shares of Zevia PBC (NYSE:ZVIA) have changed 17.86%. Short interest in the company has seen 0.67 million shares shorted with days to cover at 1.31.
Wall Street analysts have a consensus price target for the stock at $2.75, which means that the shares’ value could drop -8.0% from current levels. The projected low price target is $2.75 while the price target rests at a high of $2.75. In that case, then, we find that the current price level is 7.41% off the targeted high while a plunge would see the stock lose 7.41% from current levels.
Zevia PBC (ZVIA) estimates and forecasts
The company’s shares have lost -29.95% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -32.77% over the past 5 years. Earnings growth for 2025 is a modest 51.91% while over the next 5 years, the company’s earnings are expected to increase by 49.04%.
ZVIA Dividends
Zevia PBC is expected to release its next earnings report on 2025-May-07 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Zevia PBC (NYSE:ZVIA)’s Major holders
Insiders own 9.30% of the company shares, while shares held by institutions stand at 68.37% with a share float percentage of 75.39%. Investors are also buoyed by the number of investors in a company, with Zevia PBC having a total of 97.0 institutions that hold shares in the company. The top two institutional holders are CAISSE DE DEPOT ET PLACEMENT DU QUEBEC with over 22.02 million shares worth more than $14.87 million. As of 2024-06-30, CAISSE DE DEPOT ET PLACEMENT DU QUEBEC held 37.5461% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 1.28 million shares as of 2024-06-30. The firm’s total holdings are worth over $0.86 million and represent 2.1794% of shares outstanding.
