NBEV - New Age Beverages Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
1.5400
-0.0900 (-5.52%)
At close: 4:00PM EDT
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Performance Outlook
  • Short Term
    2W - 6W
  • Mid Term
    6W - 9M
  • Long Term
    9M+
Previous Close1.6300
Open1.6500
Bid0.0000 x 1100
Ask0.0000 x 2900
Day's Range1.4600 - 1.6500
52 Week Range0.9810 - 5.3700
Volume3,111,029
Avg. Volume2,477,358
Market Cap142.592M
Beta (5Y Monthly)1.71
PE Ratio (TTM)N/A
EPS (TTM)-1.2510
Earnings DateMay 11, 2020
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est4.67
  • 10 High-Risk Stocks That Could Go Either Boom or Bust
    InvestorPlace

    10 High-Risk Stocks That Could Go Either Boom or Bust

    High-risk stocks leave a sour taste with most seasoned investors. When someone says a stock is "high risk," everyone grimaces. High risk? Who wants that? Give me low risk every day of the week! It's a common perception of high-risk stocks, but it misses one very important truth about financial markets: risk and reward are closely correlated. That is, where there's risk, there's also reward.Does that mean you should go out and form an aggressive portfolio of stocks in hopes of maximizing reward? Not exactly. You should still avoid risky stocks … for the most part.That said, every once in a while, a stock plump with risk is worth rolling the dice on. Specifically when the odds are favorable and the upside potential is just that compelling.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 30 Stocks on a Deathwatch With that in mind, let's take a closer look at 10 high-risk stocks which could go either way over the next few years: High-Risk Stocks: Aurora (ACB)Source: Shutterstock Why It Could Go Boom: Leading Canadian cannabis producer Aurora (NYSE:ACB) could explode higher over the next few years, if two things happen.First, the Canadian and global cannabis markets have to start growing concurrently and at a healthy pace, which seems entirely doable considering how policy globally is changing and the amount of new products coming to market.Second, Aurora has to avoid bankruptcy and improve its profitability profile, which also seems entirely doable with the company's near-$500 million cash position and recent cost-cutting initiatives.Why It Could Go Bust: Aurora stock could go bust -- and go to zero -- if the company doesn't leverage improving cannabis market dynamics and cost-cutting initiatives to drive the company into profitable territory soon.The balance sheet can withstand sustained for losses for a little while longer. But not much longer. And if the company doesn't turn a profit soon, insolvency risks will be magnified, and ACB stock will keep plunging. Stage Stores (SSI)Source: LM Photos / Shutterstock.com Why It Could Go Boom: In 2019, antiquated and depressed department store operator Stage Stores (NYSE:SSI) committed to converting all of its full-price Stage Stores locations into off-price Gordmans. The idea is that off-price physical retail has a future while full-price physical retail does not.The transition began to bear promising fruit in late 2019. If this transition continues with equally robust momentum in 2020, Stage Stores' deteriorating revenue and profit trends could turn around in a big way, and SSI stock could turn into a multi-bagger.Why It Could Go Bust: Point blank, Stage Stores may not have the money to pull off the turnaround. The company had a weaker-than-expected holiday season. This pressured what was an already significantly stressed balance sheet. Now, amid the coronavirus pandemic, the company has been forced to close all of its stores. This only worsened Stage Stores' financial straits. * 20 Stocks to Buy If You're Still Betting on America to Thrive Coming out of this crisis, Stage Stores may not have the capital necessary to keep the lights on, let alone pull off hundreds of off-price store conversions. If they don't, bankruptcy becomes a real option for this depressed retailer. High-Risk Stocks: Luckin Coffee (LK)Source: Keitma / Shutterstock.com Why It Could Go Boom: Chinese retail coffee house operator Luckin Coffee (NYSE:LK) is what growth stories are made of. The so-called Starbucks of China operated less than a dozen coffee houses in China by 2017's end. Today, Luckin's coffee flows through more than 4,500 stores!If Luckin's robust growth continues -- and if Chinese consumers increase their coffee consumption -- then Luckin could sustain its huge growth numbers for several years. If it does, LK stock will soar.Why It Could Go Bust: Let's not forget, Luckin overstated its transaction volume by about 70% in 2019, meaning its red-hot growth narrative isn't as hot as the Street believed. Luckin now has two big problems: legal problems and credibility problems.On the legal front, lawsuits will come down against Luckin, and the company may not have the financial resources to deal with all those lawsuits and remain solvent. Even if it does, the company will come out the other side with a huge credibility problem.It will take a long time before investors trust Luckin's numbers again (if they ever do). This lack of trust could weigh on the stock for the next few quarters, even if lawsuits don't drag the stock to the graveyard. Bed Bath & Beyond (BBBY)Source: Jonathan Weiss / Shutterstock.com Why It Could Go Boom: There's a new and capable chief executive officer over at Bed Bath & Beyond (NASDAQ:BBBY) -- former Target (NYSE:TGT) executive Mark Tritton.Under his leadership, Bed Bath & Beyond could execute an omnichannel-commerce-powered turnaround over the next few years, similar to the one that Target executed over the past few years.That turnaround propelled huge gains in Target's stock. And it wasn't priced for bankruptcy. Bed Bath & Beyond stock is. Thus, a Triton-led turnaround in Bed Bath & Beyond over the next few years could propel enormous gains in BBBY's stock.Why It Could Go Bust: The coronavirus pandemic has put tremendous pressure on retailers of all shapes and sizes. Bed Bath & Beyond is no exception.The company was already cash-strapped to pull off a turnaround before the pandemic. Now, Bed Bath & Beyond is more cash-strapped than ever before. That doesn't bode well for the company's chances to successfully pull off a 2020 turnaround. * 10 Stocks to Buy to Weather the Recession If Triton doesn't pull of this turnaround soon, then bankruptcy will become a real risk for Bed Bath & Beyond in late 2020 or early 2021. High-Risk Stocks: New Age Beverages (NBEV)Source: Shutterstock Why It Could Go Boom: The fundamentals supporting New Age Beverages (NASDAQ:NBEV) could meaningfully improve in 2020. Demand trends could improve in a big way as the company's increasingly relevant drink portfolio of low-calorie, organic drinks gains wider national distribution. Think partnerships with the likes of Circle K, 7-Eleven and Walmart (NYSE:WMT).Margin trends could simultaneously improve with scale and reduced reliance on marketing spend. If so, New Age Beverages' profits could trend up in a big way this year. If they do, NBEV stock will take off like a rocket ship.Why It Could Go Bust: The global beverage market is a tough one. It's riddled with fickle demand, very little brand loyalty and a ton of reliance on distribution.In that tough market, New Age is one of its smaller, less-established players. Management knows they have to spend big to grow big. If the aforementioned distribution partnerships don't pan out, then spending growth will continue to outpace revenue growth, and New Age's profit trends will remain depressed.If that happens, NBEV stock will remain similarly depressed. GameStop (GME)Source: Shutterstock Why It Could Go Boom: The conventional wisdom on Wall Street is that physical video game retailer GameStop (NYSE:GME) is doomed to follow in the footsteps of Blockbuster. But that may not happen if the company successfully crafts a niche for itself in hardware and digital software.If the company can do that, then GameStop will have enormous upside potential over the next decade as the video game market booms alongside next-generation technological advancements, like 5G and AR/VR.Why It Could Go Bust: Of course, GameStop could also end up just like Blockbuster. The invention of cloud gaming may altogether eliminate hardware video game sales, outside of accessories such as controllers and headsets. * 10 Stocks to Pick Up If We're Heading for Another Great Recession That's a tiny market, and not one that can sustain GameStop's current expense base. Also, the pivot to digital could run into some obstacles, mostly related to competition. If the physical business continues to decline and its digital business stalls, GameStop's stock price will wither away. High-Risk Stocks: Jumia (JMIA)Source: Christopher Penler / Shutterstock.com Why It Could go Boom: The last frontier of the global e-commerce revolution is Africa, which houses about 15% of the world's population yet accounts for less than 1% of global e-commerce sales.Jumia (NYSE:JMIA) is trying to be the Amazon (NASDAQ:AMZN) of Africa. If they succeed in this mission, and leverage native logistics to turn into the backbone of Africa's e-commerce market, then the company has tremendous revenue and profit growth potential over the next decade.Inevitably, all of that growth will power JMIA stock higher.Why It Could Go Bust: It remains to be seen whether or not the Africa e-commerce market is actually ready to boom. It also remains to be seen whether Jumia has what it takes to be the Amazon of Africa. Consequently, there's simply a lot of unknowns here. So long as those unknowns stick around, JMIA stock will likely remain under pressure. iRobot (IRBT)Source: Grzegorz Czapski / Shutterstock.com Why It Could Go Boom: Household robotics company iRobot (NASDAQ:IRBT) -- best know for its robotic vacuum cleaning line under the Roomba brand -- is a pure-play on the household robotics revolution.If this revolution kicks into second-gear in the 2020s, and every household across America adopts a robotic vacuum cleaner, then iRobot's growth trajectory will soar in coming years. It's also worth noting that innovative product launches, such as a robotic lawnmower, could help supercharge the company's growth narrative.Suppose iRobot does sell a lot of robotic vacuum cleaners and lawnmowers over the next three to five years. If so, beaten-up IRBT stock could rebound by more than 100% to its all-time highs.Why It Could Go Bust: Robotic vacuums may ultimately prove to be a niche market. Robotic lawnmowers, too. And all household robotics for that matter. If so, iRobot won't sell a lot of product over the next several years. Any product the company does sell, will have to be discounted to compete in what has become a crowded market. Gross margins will get whacked and profit trends will remain depressed. * 5 Streaming Stocks to Buy Right Now for Big Long-Term Gains If all that happens, then IRBT stock will remain a bust. High-Risk Stocks: Express (EXPR)Source: Helen89 / Shutterstock.com Why It Could Go Boom: A newly unveiled turnaround plan lays the groundwork for Express (NYSE:EXPR) to become a slimmer, more profitable retailer over the next few years.Specifically, in the early 2020s, management is aiming to cut the store base, reduce operating expenses, double-down on the digital business and rationalize the product SKU to be more relevant. In so doing, management hopes to turn Express into a smaller, more profitable and sustainable retailer.That retailer will come with a far higher stock price than the Express of today fetches.Why It Could Go Bust: If the turnaround plan doesn't work, the graveyard could be Express' next stop.The company has a strong balance sheet. But if it can't turn a profit or grow sales, then that strong balance sheet will weaken over time. That's especially true since the company is pouring resources into this turnaround. If the turnaround doesn't yield meaningfully positive results, Express will have less financial firepower to deploy at additional changes.All in all, then, if Express can't turn into a slimmer, more profitable retailer over the next few years, the company may join a long list of retailers who have gone under since 2010. Groupon (GRPN)Source: Shutterstock Why It Could Go Boom: Interestingly enough, Groupon (NASDAQ:GRPN) made the perfect pivot at the perfectly wrong time.In late February, the company announced that it was going to wean off of product-driven promotions to rely more heavily on experience-driven promotions. That's the right move. But, less than a month later, the whole world shut down thanks to Covid-19. In that shutdown, experience-driven promotions became worthless.If the Covid-19 storm passes soon, and Groupon weathers it without declaring bankruptcy, then this company could leverage its experience-driven pivot to drive a huge second-half rebound in revenues and profits. That rebound would result in huge gains for GRPN stock.Why it Could go Bust: Groupon may not make it to the second-half of 2020 to see its experience-driven pivot through to the end.That is, the company's financial resources may get sapped by the coronavirus pandemic, and force the company to shut its doors. Even if that doesn't happen, there's a risk that the hit to the experience economy in the second-half of 2020 will weigh on Groupon's business.Either way, the path forward for Groupon is littered with risks. * 10 of the Best Long-Term Stocks to Buy in This Bear Market To sum it up, these are 10 high-risk stocks could go either boom or bust in the next few years: * Aurora * Stage Stores * Luckin Coffee * Bed Bath & Beyond * New Age Beverages * GameStop * Jumia * iRobot * Express * GrouponLuke Lango is a Markets Analyst for InvestorPlace. He has been professionally analyzing stocks for several years, previously working at various hedge funds and currently running his own investment fund in San Diego. A Caltech graduate, Luke has consistently been recognized as one of the best stock pickers in the world by various other analysts and platforms, and has developed a reputation for leveraging his technology background to identify growth stocks that deliver outstanding returns. Luke is also the founder of Fantastic, a social discovery company backed by an LA-based internet venture firm.  As of this writing, he was long LK and AMZN. More From InvestorPlace * America's 1 Stock Picker Reveals Next 1,000% Winner * 25 Stocks You Should Sell Immediately * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 10 High-Risk Stocks That Could Go Either Boom or Bust appeared first on InvestorPlace.

  • New Age Beverages Corporation (NBEV) Q1 2020 Earnings Call Transcript
    Motley Fool

    New Age Beverages Corporation (NBEV) Q1 2020 Earnings Call Transcript

    Mr. Scott Van Winkle, you may begin the conference. Good morning, and thank you for joining New Age Beverage Corporation's 2020 first quarter financial results investor conference call. On today's call, we will have Brent Willis, Chief Executive Officer; Julie Garlikov, Chief Marketing Officer; and Greg Gould, Chief Financial Officer.

  • Benzinga

    Recap: New Age Beverages Q1 Earnings

    Shares of New Age Beverages (NASDAQ:NBEV) rose 2.5% in pre-market trading after the company reported Q1 results.Quarterly Results Earnings per share were down 600.00% year over year to ($0.14), which missed the estimate of ($0.12).Revenue of $63,693,000 higher by 9.24% from the same period last year, which beat the estimate of $62,920,000.Looking Ahead New Age Beverages hasn't issued any earnings guidance for the time being.New Age Beverages hasn't issued any revenue guidance for the time being.Details Of The Call Date: May 11, 2020View more earnings on NBEVTime: 07:01 PM ETWebcast URL: https://edge.media-server.com/mmc/p/bfhop8k4Price Action Company's 52-week high was at $5.65Company's 52-week low was at $0.98Price action over last quarter: Up 35.29%Company Description New Age Beverages Corp is a beverage company. It is engaged in the development, marketing, sales and distribution of a portfolio of Ready-to-Drink (RTD). The company's target market is currently health-conscious consumers, who are individuals who are becoming more interested and better educated on what is included in their diets, causing them to shift away from options perceived as less healthy such as carbonated soft drinks or other high caloric beverages, and towards alternative beverages choices. It markets, sells, and distributes current brands including XingTea, XingEnergy, Aspen Pure, and Bucha Live Kombucha brands, and to develop new healthy functional beverage products. It operates in Noni by NewAge and New Age segments.See more from Benzinga * 4 Consumer Defensive Stocks Moving In Wednesday's Pre-Market Session * 10 Consumer Defensive Stocks Moving In Friday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • GlobeNewswire

    NewAge Reports 9% First Quarter Revenue Growth With Highest Q1 Revenue Performance in Its History

    Q1 2020 net revenue was nearly $64 million, an increase of 9% versus prior year, 6% of which was organic growthGross margin reached 65%, a significant increase versus prior.

  • GlobeNewswire

    NewAge Announces Timing for First Quarter 2020 Financial Results and Conference Call

    DENVER, May 04, 2020 -- New Age Beverages Corporation (Nasdaq: NBEV), the Colorado-based healthy products company, today announced that it will release financial results for.

  • How Many New Age Beverages Corporation (NASDAQ:NBEV) Shares Did Insiders Buy, In The Last Year?
    Simply Wall St.

    How Many New Age Beverages Corporation (NASDAQ:NBEV) Shares Did Insiders Buy, In The Last Year?

    We often see insiders buying up shares in companies that perform well over the long term. On the other hand, we'd be...

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    Colorado public company returns $6.7M PPP loan following updated Treasury guidance

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    Pot companies left out of latest coronavirus stimulus bill, but lobbyists are still hopeful

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  • Implied Volatility Surging for New Age Beverages (NBEV) Stock Options
    Zacks

    Implied Volatility Surging for New Age Beverages (NBEV) Stock Options

    Investors need to pay close attention to New Age Beverages (NBEV) stock based on the movements in the options market lately.

  • GlobeNewswire

    NewAge Announces First Quarter 2020 Preliminary Results with Revenue Growth of 6%-10%

    New Age Beverages Corporation (NBEV), the Colorado-based healthy products company dedicated to inspiring and educating the planet to “live healthy”, today provided an update including preliminary financial results for the quarter ended March 31, 2020, highlighting the Company’s expected improved growth rates and gross profit performance in the midst of a changing business environment as a result of the COVID-19 pandemic. The Company expects to report revenue for the quarter ended March 31, 2020 of between $62 and $64 million, compared to the $58.3 million for the quarter ended March 31, 2019, an increase of approximately 6% to 10%. The Company expects to report gross margin in the low to mid 60% range a reversal of the previous trend in fiscal 2019 of 66%, 63%, 58%, and 54% in the quarters ended March 31, June 30, September 30, and December 31, 2019, respectively.

  • GlobeNewswire

    NEWAGE ANNOUNCES EXPANSION AND DONATIONS OF PATENTED IMMUNE-SYSTEM PRODUCTS

    NewAge Beverages Corporation (NBEV), the Colorado-based healthy products company dedicated to inspiring and educating the planet to “live healthy”, today announced the expansion of and continued donations of its immune health products in China and other key countries. Tahitian Noni® Juice, is NewAge’s top-selling nutritional supplement product around the world, including in China with over $50 million USD in annual sales. Noni has been used by Polynesians for centuries for traditional remedies and is one of Tahiti’s largest exports.

  • New Age Beverages Corporation Analysts Are Cutting Their Estimates: Here's What You Need To Know
    Simply Wall St.

    New Age Beverages Corporation Analysts Are Cutting Their Estimates: Here's What You Need To Know

    Shareholders in New Age Beverages Corporation (NASDAQ:NBEV) had a terrible week, as shares crashed 31% to US$1.18 in...

  • Benzinga

    Recap: New Age Beverages Q4 Earnings

    New Age Beverages (NASDAQ:NBEV) reported Q4 results.Quarterly Results Earnings per share were down 1200.00% over the past year to ($0.26), which missed the estimate of ($0.08).Revenue of $59,225,000 rose by 323.16% from the same period last year, which missed the estimate of $66,200,000.How To Listen To The Conference Call Date: Mar 16, 2020Time: 01:00 PM ETView more earnings on NBEVWebcast URL: https://edge.media-server.com/mmc/p/cnkktn36Price Action Company's 52-week high was at $6.6952-week low: $1.23Price action over last quarter: down 35.40%Company Description New Age Beverages Corp is beverage company. It is engaged in the development, marketing, sales and distribution of a portfolio of Ready-to-Drink (RTD). The company's target market is currently health-conscious consumers, who are individuals who are becoming more interested and better educated on what is included in their diets, causing them to shift away from options perceived as less healthy such as carbonated soft drinks or other high caloric beverages, and towards alternative beverages choices. It markets, sells, and distributes current brands including XingTea, XingEnergy, Aspen Pure, and Bucha Live Kombucha brands, and to develop new healthy functional beverage products. It operates in Morinda and New Age segments. The New Age segment accounts for majority revenue of the firm.See more from Benzinga * 11 Consumer Defensive Stocks Moving In Monday's Pre-Market Session * 10 Consumer Defensive Stocks Moving In Thursday's Pre-Market Session * 25 Consumer Defensive Stocks Moving In Tuesday's Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

  • MarketWatch

    New Age Beverages stock falls as sales jump 4-fold but miss expectations

    Shares of New Age Beverages Corp. fell 0.7% in premraket trading Monday, after the Denver-based medical cannabis and wellness beverages company reported a more-than 4-fold increase in fourth-quarter sales, but missed expectations, while losses widened. The net loss was $66.0 million, or 83 cents a share, after a loss of $2.6 million, or 4 cents a share, in the year-ago period. The results included a $44.9 million impairment charge. Revenue rose to $59.2 million from $14.0 million, but was below the FactSet consensus of $66.2 million. Gross margin improved to 54.3% from 23.0%, while gross profit grew 10-fold to $32.2 million. "I believe we are well positioned for 2020 following our business transformation during 2019," said Chief Financial Officer Gregory Gould. "We have a strong balance sheet with over $60 million of cash and over $250 million in assets with less than $30 million of debt, as well as a scale and revenue base that is almost five times the size we were in the prior year." The stock has lost 21.5% over the past three months through Friday, while the ETFMG Alternative Harvest ETF has dropped 41.0% and the S&P 500 has shed 15.1%.

  • GlobeNewswire

    NEWAGE REPORTS 386% FULL YEAR 2019 REVENUE GROWTH

    Strong Balance sheet with over $250 million in assets and cash of $61 million Business transformation resulted in developing an infrastructure across 60 countries and a.

  • GlobeNewswire

    NewAge Announces Timing for Fourth Quarter and Full Year 2019 Financial Results and Conference Call

    DENVER, March 09, 2020 -- NewAge Beverages Corporation (Nasdaq: NBEV), the Colorado-based healthy products company, today announced that it will release financial results for.

  • Is New Age Beverages (NASDAQ:NBEV) A Risky Investment?
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    Is New Age Beverages (NASDAQ:NBEV) A Risky Investment?

    Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

  • GlobeNewswire

    NewAge Launches Noni+CBD in Japan

    DENVER, Feb. 19, 2020 -- NewAge Beverages Corporation (Nasdaq: NBEV), the Colorado-based healthy products company, today announced the launch of their CBD beverage Noni+CBD in.

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  • Investing.com

    Kendall Jenner’s Breakfast Boosts New Age Beverages

    Investing.com - The Jenner effect hit Wall Street again Monday and shares of New Age Beverages were the beneficiary.

  • GlobeNewswire

    David Vanderveen Joins Newage as Chief Operating Officer  

    NewAge Beverages Corporation (NBEV), the Colorado-based healthy products company, today announced that David Vanderveen has joined NewAge as the newly appointed chief operating officer effective immediately. David Vanderveen has been an accomplished industry leader in the Direct Selling industry for over 20 years. Since the sale of XS Energy, he has been operating as a senior executive within Amway leading the expansion of the brand to more than 60 countries.

  • GlobeNewswire

    NewAge to Present at the ICR Conference 2020 on January 13, 2020

    DENVER, Jan. 09, 2020 -- NewAge Beverages Corporation (Nasdaq: NBEV), the Colorado-based healthy products company, today announced that it will present and meet with investors.

  • GlobeNewswire

    NEWAGE ANNOUNCES NEW MEMBER, ALICIA SYRETT, TO ITS BOARD OF DIRECTORS

    NewAge Beverages Corporation (NBEV), the Colorado-based healthy products company, today announced that Alicia Syrett has joined New Age as a newly appointed member of the Board of Directors effective January 6, 2020. Ms. Syrett intends to stand for election to the NewAge Board of Directors at its annual meeting to be held in May 2020. Ms. Syrett brings more than 20 years of investment management experience to the NewAge Board and is currently the Chief Executive Officer of Pantegrion Capital, an investment management firm she founded in 2011.

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