Stocks · Consumer Defensive · Beverages - Non-Alcoholic
National Beverage Corp. FIZZ
$30.32 +2.12% Close, Oct 2, 2026 · NASDAQ · Market cap $2.84B
Next earnings report: Dec 10, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- The shares trade at 16.3× trailing earnings, lower than 95% of the company's own readings over the past five years.
- The stock is in a downtrend: below its 200-day average, with the 50-day average below the 200-day.
- The company holds net cash of $48.3M (cash above total debt).
PromtFinance scores
Each score is a percentile within the Consumer Defensive sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Bottom 24%
- EPS growth (TTM, YoY)Bottom 44%
- FCF growth (TTM, YoY)Bottom 39%
- Revenue growth, 3-year CAGRBottom 33%
- Revenue growth accelerationBottom 44%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 1%
- Gross marginTop 47%
- Operating marginTop 12%
- Cash conversion (OCF / net income)Bottom 14%
- Accruals (lower is better)Bottom 17%
- Net debt / EBITDA (lower is better)Top 18%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 26%
- Free-cash-flow yieldBottom 48%
- EBITDA / enterprise valueTop 46%
- Sales / enterprise valueBottom 20%
- P/E vs own 5-year history (lower is better)Top 15%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthBottom 37%
- 6-month returnBottom 43%
- 1-year return vs S&P 500Bottom 43%
- Distance from 52-week highTop 35%
- Trend checklist (0–4)Bottom 22%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersBottom 17%
- Consecutive EPS beatsBottom 15%
- Share of analysts rating BuyBottom 16%
- Upside to consensus price targetBottom 10%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Top 39%
- Maximum drawdown, 3 yearsTop 40%
- Beta vs S&P 500 (lower is better)Top 44%
- Net debt / EBITDA (lower is better)Top 18%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | -1.7% | -1.8% | ↓ |
| EPS growth (YoY) | -2.0% | -6.5% | ↓ |
| Gross margin | 37.2% | 36.2% | ↓ |
| Operating margin | 19.7% | 18.4% | ↓ |
| FCF margin | 14.4% | 13.7% | ↓ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | -1.8% | -1.7% | ↓ | Bottom 24% |
| EPS growth (TTM, YoY) | -6.5% | -2.0% | ↓ | Bottom 44% |
| Gross margin | 36.2% | 37.2% | ↓ | Top 47% |
| Operating margin | 18.4% | 19.7% | ↓ | Top 12% |
| Net margin | 14.8% | 15.5% | ↓ | — |
| Free-cash-flow margin | 13.7% | 14.4% | ↓ | — |
| Return on invested capital | 36.1% | — | Top 1% | |
| Revenue growth, 3-year CAGR | 0.2% | — | Bottom 33% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.07×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -2.1%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.0%
- Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
- +1.1 pp
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- -0.20×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 10.72%
- Net buyback yield (TTM)
- 0.01%
- Shareholder yield
- 10.73%
- Share count change, 1 year
- -0.0%
- Share count change, 3-year CAGR
- +0.0%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Aug 1, 2026 (filed Sep 10, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 0
- Beats in the last 8 reports
- 2 of 8
- Average EPS surprise, last 4
- -7.4%
- Average 2-day reaction, last 8
- +0.3%
- Positive 20 days after report
- 4 of 7
Analysts
- Consensus price target
- $31.00
- Target vs current price
- +2.2%
- Analysts with a rating
- 8
- Share rating Buy or Strong Buy
- 25%
- Consensus rating
- Sell
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Sep 10, 2026 | -15.5% | +1.2% | +5.4% | — | — |
| Jul 1, 2026 | -8.6% | -0.6% | +4.5% | +4.8% | -4.3% |
| Mar 12, 2026 | -0.8% | -0.6% | -0.3% | +2.8% | +6.0% |
| Dec 11, 2025 | -4.9% | -1.6% | -8.2% | -6.8% | -0.9% |
| Sep 11, 2025 | +18.1% | +2.7% | -2.3% | -5.3% | -11.6% |
| Jul 2, 2025 | +0.8% | -0.4% | -0.3% | +3.8% | -18.8% |
| Mar 6, 2025 | -4.5% | +1.8% | +0.4% | +2.8% | +11.5% |
| Dec 5, 2024 | -3.9% | -0.4% | -5.9% | -13.5% | -18.4% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Sep 10, 2026 | $0.50 | $0.59 | -15.5% | $330.7M |
| Jul 1, 2026 | $0.43 | $0.47 | -8.6% | $297.2M |
| Mar 12, 2026 | $0.44 | $0.44 | -0.8% | $264.6M |
| Dec 11, 2025 | $0.49 | $0.52 | -4.9% | $288.3M |
| Sep 11, 2025 | $0.60 | $0.51 | +18.1% | $330.5M |
| Jul 2, 2025 | $0.48 | $0.48 | +0.8% | $313.6M |
| Mar 6, 2025 | $0.42 | $0.44 | -4.5% | $267.1M |
| Dec 5, 2024 | $0.49 | $0.51 | -3.9% | $291.2M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 16.3× | 24.8× | 5th | Top 26% |
| P/E (forward) | 16.6× | — | — | — |
| EV / EBITDA | 11.6× | — | — | Top 46% |
| EV / Sales | 2.36× | — | — | Bottom 20% |
| Free-cash-flow yield | 5.70% | — | — | Bottom 48% |
| Earnings yield | 6.13% | — | — | Top 26% |
P/E over the past five years
Range 15.8× – 33.8× since Jul 31, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
What moved the stock over the past year
- Price return, 1 year
- -19.4%
- Earnings per share growth (TTM)
- -6.5%
- Change in P/E multiple
- -18.0%
Most of the move came from a change in the valuation multiple.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✗ Price above 200-day average
- ✗ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 0
- 50-day average slope (20 days)
- -1.3%
- 200-day average slope (20 days)
- -1.0%
- Distance from 50-day average
- -3.6%
- Distance from 200-day average
- -9.7%
- RSI (14)
- 44.8
- Relative volume
- 0.75×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 32.5%
- Volatility vs own 5-year history
- 62th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.36
- Correlation with S&P 500
- 0.22
- Current drawdown from 1-year high
- -19.6%
- Maximum drawdown, 3 years
- -45.1%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 27, 2021 | Sep 30, 2026 | -67.8% | 1425 days | Not yet recovered |
| Dec 2, 2020 | Jan 12, 2021 | -20.4% | 27 days | 8 days (Jan 25, 2021) |
| Oct 22, 2020 | Oct 30, 2020 | -12.1% | 6 days | 10 days (Nov 13, 2020) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $2.84B
- P/E (TTM)
- 16.3
- EPS, diluted (TTM)
- $1.86
- Revenue (TTM)
- $1.18B
- Dividend yield
- 10.72%
- 52-week range
- $28.97 – $38.21
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Revenue | $1.14B | $1.17B | $1.19B | $1.20B | $1.18B |
| Gross profit | $417.8M | $396.8M | $428.5M | $443.9M | $437.3M |
| Operating income | $207.9M | $186.7M | $218.5M | $235.5M | $230.1M |
| Net income | $158.5M | $142.2M | $176.7M | $186.8M | $183.6M |
| EPS (diluted) | $1.69 | $1.52 | $1.89 | $1.99 | $1.96 |
| Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | Q4 2026 | Q1 2027 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $291.2M | $267.1M | $313.6M | $330.5M | $288.3M | $264.6M | $297.1M | $330.7M |
| Net income | $45.6M | $39.6M | $44.8M | $55.8M | $46.4M | $41.2M | $40.3M | $47.0M |
| EPS (diluted) | $0.49 | $0.42 | $0.48 | $0.60 | $0.49 | $0.44 | $0.43 | $0.50 |
| FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | |
|---|---|---|---|---|---|
| Operating cash flow | $133.1M | $161.7M | $197.9M | $206.7M | $181.3M |
| Capital expenditure | -$29.0M | -$22.0M | -$30.3M | -$36.3M | -$25.1M |
| Free cash flow | $104.1M | $139.7M | $167.6M | $170.4M | $156.1M |
| Dividends paid | -$280.0M | $0 | $0 | -$304.1M | $0 |
| Net share buybacks | $0 | $0 | $0 | $515,000 | -$422,000 |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $107.1M
- Total assets
- $582.3M
- Total liabilities
- $214.6M
- Total debt
- $58.8M
- Net debt
- -$48.3M
- Shareholders’ equity
- $367.7M
As of Aug 1, 2026 (filed Sep 10, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Jul 13, 2026 | $3.25 | Jul 30, 2026 |
| Jun 24, 2024 | $3.25 | Jul 24, 2024 |
| Dec 10, 2021 | $3.00 | Feb 11, 2022 |
| Dec 3, 2020 | $6.00 | Jan 29, 2021 |
| Nov 29, 2018 | $2.90 | Jan 29, 2019 |
| Jun 1, 2017 | $1.50 | Aug 4, 2017 |
| Nov 23, 2016 | $1.50 | Jan 27, 2017 |
| Dec 5, 2012 | $2.55 | Dec 27, 2012 |
Short interest
- Shares sold short
- 4,195,515
- Days to cover
- 9.49
- Change vs previous report
- -0.5%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Feb 22, 2021
- 2-for-1
- May 31, 2007
- 6-for-5
- Mar 23, 2004
- 2-for-1
- Oct 28, 1996
- 2-for-1
- Nov 10, 1994
- 4-for-1