Last Updated: 17 Oct 2024
Executive Summary
Nuzee Inc. (NUZE) is a specialty coffee company that manufactures and sells single-serving coffee and tea bags. The company has a market capitalization of $2.00 billion and is headquartered in Plano, Texas. Nuzee's latest stock price is $0.36.
Company Overview
Nuzee was founded in 2002 and has since become a leading provider of single-serving coffee and tea products. The company's products are sold through a variety of channels, including grocery stores, mass merchandisers, and online retailers. Nuzee has a strong brand presence and a loyal customer base.
Fundamental Analysis
Nuzee's financial performance has been mixed in recent years. The company has reported losses in each of the past three fiscal years. However, Nuzee's revenue has grown steadily over the same period. In fiscal 2023, Nuzee reported revenue of $378.5 million, up 3.7% from the previous year.
Nuzee's profitability metrics are weak. The company's gross profit margin was -2.9% in fiscal 2023, and its operating margin was -4.0%. Nuzee's net loss was $79.9 million in fiscal 2023.
Nuzee's balance sheet is also weak. The company has a high level of debt and its equity is negative. Nuzee's total debt-to-equity ratio is 1.5.
Technical Analysis
Nuzee's stock price has been in a downtrend since early 2023. The stock price has fallen from a high of $8.00 in January 2023 to a low of $0.25 in June 2023. The stock price is currently trading at $0.36.
Nuzee's technical indicators are bearish. The stock's moving averages are all pointing down, and the stock is below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also below 30, which indicates that the stock is oversold.
Short Term Outlook
Nuzee's short-term outlook is bearish. The stock price is in a downtrend and the technical indicators are all pointing down. The stock is likely to continue to decline in the short term.
Long Term Outlook
Nuzee's long-term outlook is uncertain. The company's financial performance has been mixed in recent years, and its balance sheet is weak. Nuzee will need to improve its profitability and financial position in order to succeed in the long term.
Analyst Recommendations
Analysts are mixed on Nuzee's stock. One analyst has a buy rating on the stock, while another analyst has a hold rating. The average analyst rating on Nuzee's stock is neutral.
