Splash Beverage Group FY2024 EPS Boosted by Roth Capital

Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) – Stock analysts at Roth Capital raised their FY2024 EPS estimates for shares of Splash Beverage Group in a research report issued on Wednesday, November 27th. Roth Capital analyst S. Mcgowan now expects 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.

Other analysts have also issued reports about the company. HC Wainwright dropped their price target on Splash Beverage Group from $1.00 to $0.50 and set a “buy” rating on the stock in a report on Friday. Roth Mkm reiterated a “buy” rating and set a $1.00 target price on shares of Splash Beverage Group in a research note on Tuesday, September 3rd.

Splash Beverage Group Trading Down 6.0 %

Shares of NYSEAMERICAN SBEV opened at $0.18 on Monday. The company has a market capitalization of $11.31 million, a PE ratio of -0.44 and a beta of -1.26. Splash Beverage Group has a twelve month low of $0.14 and a twelve month high of $0.73.

Institutional Investors Weigh In On Splash Beverage Group

A hedge fund recently raised its stake in Splash Beverage Group stock. Choreo LLC raised its holdings in shares of Splash Beverage Group, Inc. (NYSEAMERICAN:SBEV) by 4,390.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,365,599 shares of the company’s stock after purchasing an additional 1,335,185 shares during the quarter. Choreo LLC owned approximately 2.63% of Splash Beverage Group worth $343,000 as of its most recent filing with the Securities & Exchange Commission. 5.77% of the stock is currently owned by institutional investors and hedge funds.

About Splash Beverage Group

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.