Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. National Beverage's shares outstanding for the quarter that ended in Apr. 2026 was 94 Mil.
National Beverage's quarterly shares outstanding
stayed the same
from Jan. 2026 (94 Mil) to Apr. 2026 (94 Mil).
National Beverage's annual shares outstanding
declined
from Apr. 2025 (94 Mil) to Apr. 2026 (94 Mil).
It means National Beveragebought back shares from Apr. 2025 to Apr. 2026 .
National Beverage (FRA:20V) Shares Outstanding (EOP) Explanation
A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.
Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
National Beverage Shares Outstanding (EOP) Related Terms
National Beverage Shares Outstanding (EOP) Historical Data
* Premium members only.
The historical data trend for National Beverage's Shares Outstanding (EOP) can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:20V vs COCO, SUJA, BUDA: Shares Outstanding (EOP) Comparison
For the Beverages - Non-Alcoholic subindustry, National Beverage's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
National Beverage Shares Outstanding (EOP) vs Beverages - Non-Alcoholic Industry
For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, National Beverage's Shares Outstanding (EOP) distribution charts can be found below:
* The bar in red indicates where National Beverage's Shares Outstanding (EOP) falls into.
National Beverage Shares Outstanding (EOP) Calculation
Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.
Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.
What does a Shares Outstanding (EOP) of 94 Mil mean?
National Beverage (FRA:20V) has a Shares Outstanding (EOP) of 94 Mil as of Apr. 2026. The total shares a company has outstanding, at period-end. View historical data on National Beverage and its competitors.
Is National Beverage's Shares Outstanding (EOP) too high?
National Beverage's current Shares Outstanding (EOP) is 94 Mil. Overall, National Beverage has a GF Score™ of 71/100, reflecting its overall financial health beyond just this single metric.
How does National Beverage's Shares Outstanding (EOP) compare to COCO and SUJA?
National Beverage's Shares Outstanding (EOP) of 94 Mil can be compared against companies in the Beverages - Non-Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Beverages - Non-Alcoholic company?
A good Shares Outstanding (EOP) depends on the Beverages - Non-Alcoholic industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on National Beverage and its competitors. National Beverage's current Shares Outstanding (EOP) is 94 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Beverage stock overvalued right now?
National Beverage (FRA:20V) has a current Shares Outstanding (EOP) of 94 Mil. The stock's GF Value™ is €38.95, compared to a current price of €28.60 — trading 26.6% below its estimated fair value. The current Shares Outstanding (EOP) is 94 Mil. National Beverage's overall GF Score™ is 71/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For National Beverage (FRA:20V), the current Shares Outstanding (EOP) is 94 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is National Beverage (FRA:20V) Overvalued in 2026?
Based on GuruFocus' analysis, National Beverage stock appears to be undervalued.
The current stock price of €28.60 is trading 26.6% below its estimated GF Value™ of €38.95.
Key valuation signals for FRA:20V:
Shares Outstanding (EOP): 94 Mil
GF Value™: €38.95 vs. price of €28.60 (26.6% below fair value)
No single metric tells the full story. See the FRA:20V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
National Beverage Corp is a non-alcoholic beverage company in the U.S. Its portfolio skews toward functional drinks (that is those purporting to offer health benefits) and is anchored by the popular LaCroix sparkling water trademark. Other offerings include Rip It energy drinks, Everfresh juices, and soda brands like Shasta and Faygo. The firm controls the majority of its production and distribution apparatus, with very little outsourcing. In terms of go-to-market, it uses warehouse distribution for retailers, direct-store delivery for convenience stores and other small outlets, and food-service distributors for the food-service channel (schools, hospitals, restaurants).
71GF Score
Get the complete analysis for FRA:20V
Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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