Why Zevia PBC (ZVIA) Stock Is Nosediving [Yahoo! Finance]
Zevia PBC Class A (ZVIA)
Company Research
Source: Yahoo! Finance
Management attributed the weak sales performance to a delay in the recovery of SKU level distribution at retailers as well as "fulfillment challenges we faced in 2023," leading to a 10% decline in volumes during the quarter. Looking ahead, Its revenue guidance for both the next quarter and the full year missed analysts' expectations. Overall, this was a mediocre quarter for Zevia PBC. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Zevia PBC? Access our full analysis report here, it's free What is the market telling us: Zevia PBC's shares are very volatile and over the last year have had 64 moves greater than 5%. But moves this big are very rare even for Zevia PBC and that is indicating to us that this news had a significant impact on the market's perception of the business. Zevia PBC is down 57.1% since the beginning of the year, and at $0.85 per share it is trading 81.9% below its 52-w
Show less
Read more
Impact Snapshot
Event Time:
ZVIA
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ZVIA alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ZVIA alerts
High impacting Zevia PBC Class A news events
Weekly update
A roundup of the hottest topics
ZVIA
News
- Zevia PBC (NYSE:ZVIA) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Zevia PBC (NYSE: ZVIA) had its price target lowered by analysts at Wells Fargo & Company from $1.25 to $1.00. They now have an "equal weight" rating on the stock.MarketBeat
- Zevia PBC (NYSE: ZVIA) had its price target lowered by analysts at Telsey Advisory Group from $3.00 to $2.00. They now have a "market perform" rating on the stock.MarketBeat
- Zevia PBC (NYSE: ZVIA) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $3.00 to $1.25. They now have a "neutral" rating on the stock.MarketBeat
- Zevia PBC (NYSE:ZVIA) Reports Sales Below Analyst Estimates In Q1 Earnings, Stock Drops [Yahoo! Finance]Yahoo! Finance
ZVIA
Earnings
- 5/8/24 - In-Line
ZVIA
Sec Filings
- 5/14/24 - Form 4
- 5/8/24 - Form 10-Q
- 5/8/24 - Form 8-K
- ZVIA's page on the SEC website