how to buy new age beverage stock

What kind of company is New Age beverages?

New Age Beverages Corp. New Age Beverages Corp. is a beverage company, which engages in the development, marketing, sales and distribution of Ready-to-Drink beverages. Its brands include Marley, Xing, Bucha, CoCo libre and WaterisLife. The company was founded by Neil Fallon on April 26, 2010 and is headquartered in Denver, CO.

Why should you hold New Age beverages (nbev) in your portfolio?

New Age Beverages (NBEV) benefits from strong brand portfolio and efforts to expand national distribution in the United States. These and other initiatives should bolster its second-quarter results.

Is Newage (nbev) a good stock to buy?

NewAge has received 133 “underperform” votes. (Add your “underperform” vote.) NewAge has received 62.85% “outperform” votes from our community. MarketBeat's community ratings are surveys of what our community members think about NewAge and other stocks. Vote “Outperform” if you believe NBEV will outperform the S&P 500 over the long term.

Who holds Newage stock?

Only 2.90% of the stock of NewAge is held by insiders. Only 25.18% of the stock of NewAge is held by institutions. Earnings for NewAge are expected to grow in the coming year, from ($0.14) to ($0.09) per share.

Should New Age buy drink stock?

The financial health and growth prospects of NBEV, demonstrate its potential to perform inline with the market. It currently has a Growth Score of F. Recent price changes and earnings estimate revisions indicate this would be a good stock for momentum investors with a Momentum Score of A.

Who owns New Age beverage?

The Company has announced the merger of NewAge with ARIIX and four other e-commerce/direct selling companies on July 21, 2020. This transaction is anticipated to close during the third quarter of 2020.

What does New Age Beverage Corp make?

The company reported Q3 net revenue of $62.7 million, down from $69.8 million for the third quarter of the prior year, and the company insisted the variance was mostly fueled by the “impact of COVID-19 and the timing of significant qualification events in the company's Asia markets.” However, its U.S revenue growth for ...

Is Ariix still in business?

NewAge, Inc. DENVER, Nov. 16, 2020 (GLOBE NEWSWIRE) -- NewAge, Inc. (Nasdaq: NBEV), the Colorado-based social selling and distribution company with a network of independent business owners across 75 countries worldwide, today announced that it has finalized and closed the merger agreement for the acquisition of ARIIX.

What is NewAge live healthy?

NewAge is a purpose-driven company dedicated to inspiring the planet to Live Healthy. ™️ We enable our team of more than 400K exclusive Brand Partners with the latest social selling tools, award-winning marketing, and advanced technology to bring better-for-you brands to consumers across more than 70 countries.

Is NewAge a reputable company?

Newage Products has a consumer rating of 4.63 stars from 181 reviews indicating that most customers are generally satisfied with their purchases. Consumers satisfied with Newage Products most frequently mention customer service, garage cabinets and outdoor kitchen. Newage Products ranks 2nd among Cabinets sites.

What is NewAge Africa?

New Age (African Global Energy) Ltd is a privately held oil and gas exploration and production company with a portfolio of quality assets in five African countries and a highly experienced Board.

What is a NewAge company?

In contrast to traditional businesses which are asset-heavy in nature, new-age companies leverage technology and the internet to drive their operations. Many of these companies act as a platform wherein buyers meet sellers.

Should I buy or sell NewAge stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for NewAge in the last year. There are currently 2 buy ratin...

What is NewAge's stock price forecast for 2022?

2 analysts have issued 12 month target prices for NewAge's stock. Their forecasts range from $6.00 to $6.00. On average, they anticipate NewAge's s...

How has NewAge's stock price performed in 2022?

NewAge's stock was trading at $1.03 at the beginning of the year. Since then, NBEV stock has decreased by 68.9% and is now trading at $0.32. View...

Are investors shorting NewAge?

NewAge saw a decrease in short interest in May. As of May 31st, there was short interest totaling 9,900,000 shares, a decrease of 14.9% from the Ma...

When is NewAge's next earnings date?

NewAge is scheduled to release its next quarterly earnings announcement on Monday, June 13th 2022. View our earnings forecast for NewAge .

How were NewAge's earnings last quarter?

NewAge, Inc. (NASDAQ:NBEV) posted its quarterly earnings data on Tuesday, November, 9th. The company reported ($0.11) earnings per share (EPS) for...

Who are NewAge's key executives?

NewAge's management team includes the following people: Mr. Edward J. Brennan , Chairman & Interim CEO (Age 65, Pay $70k) Mr. Mark H. Wilson ,...

Who are some of NewAge's key competitors?

Some companies that are related to NewAge include Big Rock Brewery (BRBMF) , Carlsberg A/S (CABGY) , China New Borun (BORNY) , Compañía Cervece...

What other stocks do shareholders of NewAge own?

Based on aggregate information from My MarketBeat watchlists, some companies that other NewAge investors own include (CGC) , Aurora Cannabis (AC...

What Does New Age Beverages Do?

New Age Beverages [NASDAQ: NBEV] is a drinks company based in Colorado and Utah. The company specializes in what it calls “ healthy lifestyle ” products., including “ organic, natural and other better-for-you healthy beverages, liquid dietary supplements, and other healthy lifestyle products .”

Is New Age Beverages Stock a Buy?

New Age Beverages [NASDAQ: NBEV] has a few important strengths that speak to its credit. These advantages are compelling reasons to think the company will remain competitive.

What are the Risks of Buying New Age Beverages Stock?

That said, New Age Beverages [NASDAQ: NBEV] still experiences some risk. Health benefits aside, the company is built on very trendy beverages. One of its upcoming offerings is a line of beverages that are infused with CBD.

New Age Beverages Stock: Buy or Sell?

New Age Beverages is carrying with is a one-year target estimate of $8.75, which would be a return of 83%, if the company makes it there, but New Age is very volatile.

About NewAge

NewAge Inc is engaged in the business of developing, marketing, selling, and distributing a portfolio of healthy products. It offers a portfolio of healthy products with its brands across platforms, such as health & wellness, inner & outer beauty, and nutrition & weight management. Its partner companies include ARIIX, Noni, LIMU, and ZENNOA.

NewAge (NASDAQ:NBEV) Frequently Asked Questions

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for NewAge in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" NewAge stock. View analyst ratings for NewAge or view top-rated stocks.

New Age Beverages

Some stock charts might currently not be supported. To try again, please refresh this page.

About NBEV

NewAge Inc is engaged in the business of developing, marketing, selling, and distributing a portfolio of healthy products. It offers a portfolio of healthy products with its brands across platforms, such as health & wellness, inner & outer beauty, and nutrition & weight management. Its partner companies include ARIIX, Noni, LIMU, and ZENNOA.

Grizzly Research argues that New Age Beverages' Morinda acquisition is a game changer -- in a bad way

There's a bear in the New Age Beverages ( NBEV 4.51% ) camp, and this one is a Grizzly. The distributor of functional beverages came under attack this week in a Grizzly Research report, which argued that New Age Beverages investors were duped in the acquisition of the larger Morinda Holdings late last year.

The situation is fluid

New Age Beverages more than doubled for investors last year, surging late last summer after announcing that it would be introducing a line of CBD-infused drinks at an industry trade show. Investors chasing the handful of publicly traded marijuana-related stocks took a brief shine to New Age Beverages after that.

NASDAQ: NBEV

The legality of CBD is as hazy as its benefits, but there's no denying that cannabidiol is trending. New Age Beverages announced last week that its rolling out CBD products in Hong Kong, its first major international expansion.

Premium Investing Services

Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.

With a clear path to profitability and the growing possibility of a short squeeze, it's easy to see why one Wall Street pro is initiating coverage of New Age Beverages with a bullish call

Since 1995, Rick has been writing for The Motley Fool, where he's a consumer and tech stocks specialist. Yes, that's a long time with more than 20,000 bylines over those 24 years. He's been an analyst for Motley Fool Rule Breakers and a portfolio lead analyst for Motley Fool Supernova since each newsletter service's inception.

Canning cannabis

New Age Beverages turned heads late last summer after announcing that it would be rolling out CBD-infused drinks, expanding its offerings to ready-to-drink coffee, tea, and other functional beverages.

The deal will boost New Age Beverages stock over the long-term

New Age Beverages (NASDAQ: NBEV) CEO Brent Willis announced on June 3 that NBEV would acquire Brands Within Reach, a New York-based healthy products company. Brands Within Reach owns the brand licensing and distribution rights to several well-known beverage brands, including Nestea, Volvic, and Illy Ready to Drink Coffee.

What Did It Cost NBEV?

New Age paid $500,000 in cash and 700,000 shares of NBEV stock, while assuming $2.5 million in debt, for an enterprise value of $6.4 million based on a price of $4.85 per share for NBEV stock. The deal brings New Age’s annual revenues to over $320 million and will raise its bottom line.

Future Growth

Although New Age’s Q1 results missed analysts’ average expectations on both the top and bottom line, there’s a lot to like about the company’s financials.

The Bottom Line on NBEV Stock

Brent Willis and the rest of the New Age team continue to make the moves necessary to build a national beverage company. Focusing on being a one-stop-shop for healthy beverages is a smart way to grow the company until one of its products becomes a hit.