Splash Beverage Group FY2024 EPS Increased by Roth Capital

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) – Investment analysts at Roth Capital raised their FY2024 earnings estimates for shares of Splash Beverage Group in a research report issued on Wednesday, November 27th. Roth Capital analyst S. Mcgowan now anticipates that the company will post earnings per share of ($0.35) for the year, up from their previous estimate of ($0.37). The consensus estimate for Splash Beverage Group’s current full-year earnings is ($0.34) per share. Roth Capital also issued estimates for Splash Beverage Group’s Q1 2025 earnings at ($0.08) EPS, Q2 2025 earnings at ($0.08) EPS, Q3 2025 earnings at ($0.07) EPS, Q4 2025 earnings at ($0.08) EPS, FY2025 earnings at ($0.31) EPS, Q1 2026 earnings at ($0.08) EPS, Q2 2026 earnings at ($0.08) EPS, Q3 2026 earnings at ($0.08) EPS and FY2026 earnings at ($0.33) EPS.

A number of other research analysts have also weighed in on SBEV. HC Wainwright decreased their target price on Splash Beverage Group from $1.00 to $0.50 and set a “buy” rating on the stock in a report on Friday, November 29th. Roth Mkm reiterated a “buy” rating and issued a $1.00 price objective on shares of Splash Beverage Group in a report on Tuesday, September 3rd.

Splash Beverage Group Stock Performance

Shares of NYSEAMERICAN SBEV opened at $0.18 on Monday. Splash Beverage Group has a twelve month low of $0.14 and a twelve month high of $0.73. The company has a market cap of $11.18 million, a price-to-earnings ratio of -0.43 and a beta of -1.23.

Institutional Trading of Splash Beverage Group

An institutional investor recently raised its position in Splash Beverage Group stock. Choreo LLC raised its holdings in Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) by 4,390.0% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,365,599 shares of the company’s stock after purchasing an additional 1,335,185 shares during the period. Choreo LLC owned approximately 2.63% of Splash Beverage Group worth $343,000 at the end of the most recent quarter. Institutional investors own 5.77% of the company’s stock.

Splash Beverage Group Company Profile

Splash Beverage Group, Inc engages in the manufacturing, distribution, marketing, and sale of various beverages in the United States. It is involved in the manufacture and distribution of non-alcoholic and alcoholic beverages; and retail sale of beverages and groceries online through qplash.com. The company's products include flavored tequilas under the SALT Naturally Flavored Tequila name; hydration and energy products under the TapouT Performance name; wine under the Copa DI Vino name; and Pulpoloco Sangria.