In a report released today, Alton Stump from Loop Capital Markets maintained a Buy rating on Zevia PBC (ZVIA – Research Report), with a price target of $5.00. The company’s shares closed yesterday at $2.81.
According to TipRanks, Stump is a 4-star analyst with an average return of 8.8% and a 63.35% success rate. Stump covers the Consumer Cyclical sector, focusing on stocks such as Domino’s Pizza, Jack In The Box, and Papa John’s International.
Currently, the analyst consensus on Zevia PBC is a Moderate Buy with an average price target of $4.25.
See the top stocks recommended by analysts >>
ZVIA market cap is currently $198.5M and has a P/E ratio of -7.27.
Based on the recent corporate insider activity of 43 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ZVIA in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Zevia PBC is a beverage company disrupting the liquid refreshment beverage industry through refreshing, zero-calorie, zero sugar, naturally sweetened beverages that are all Non-GMO Project Verified. It offers a platform of products that include a variety of flavors across Soda, Energy Drinks, Organic Tea, Mixers, Kidz drinks, and Sparkling Water. Its products are distributed across the U.S. and Canada through a network of major retailers in the food, drug, mass, natural, and e-commerce channels.
Read More on ZVIA:
