Splash Beverage GroupSBEV
Market Cap: $16M
About: Splash Beverage Group Inc is a portfolio company managing multiple brands across several growth segments within the consumer beverage industry. The company's two reportable operating segments are: (1) the manufacture and distribution of non-alcoholic and alcoholic beverages, and (2) the retail sale of beverages and groceries online. The company generates the majority of its revenue from the E-Commerce segment. Qplash is a wholly owned division of Splash. It is the company's first entry point into the e-commerce channel. For beverage-alcohol products, the company operate within what is referred to as a "Three Tier Distribution System" where manufacturers are not permitted to sell directly to retailers, but instead, contract for local and regional distribution with independent distributors.
Employees: 32
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
14% more funds holding
Funds holding: 28 [Q1] → 32 (+4) [Q2]
0.53% more ownership
Funds ownership: 6.79% [Q1] → 7.31% (+0.53%) [Q2]
34% less capital invested
Capital invested by funds: $1.37M [Q1] → $903K (-$466K) [Q2]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Roth MKM Sean McGowan 46% 1-year accuracy 13 / 28 met price target | 258%upside $1 | Buy Maintained | 3 Sept 2024 |
HC Wainwright & Co. Scott Buck 24% 1-year accuracy 22 / 91 met price target | 258%upside $1 | Buy Reiterated | 26 Aug 2024 |
Roth MKM Sean McGowan 46% 1-year accuracy 13 / 28 met price target | 258%upside $1 | Buy Maintained | 25 Jun 2024 |
Financial journalist opinion
Based on 3 articles about SBEV published over the past 30 days