FIZZ
National Beverage Corp. Consumer Defensive - Beverages - Non-Alcoholic Investor Relations →
National Beverage Corp. (FIZZ) closed at $35.30 as of 2026-02-02, trading 19.5% below its 200-week moving average of $43.85. This places FIZZ in the extreme value zone. The stock moved further from the line this week, up from -22.4% last week. The 14-week RSI sits at 55, indicating neutral momentum.
Over the past 1747 weeks of data, FIZZ has crossed below its 200-week moving average 22 times. On average, these episodes lasted 18 weeks. Historically, investors who bought FIZZ at the start of these episodes saw an average one-year return of +48.2%.
With a market cap of $3.3 billion, FIZZ is a mid-cap stock. The company generates a free cash flow yield of 3.3%. Return on equity stands at 40.9%, indicating strong profitability. The stock trades at 5.9x book value.
FIZZ passes our Buffett quality screen: high return on equity, low debt, and positive free cash flow.
Over the past 33.2 years, a hypothetical investment of $100 in FIZZ would have grown to $17739, compared to $2849 for the S&P 500. That represents an annualized return of 16.9% vs 10.6% for the index — confirming FIZZ as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 17.8% compound annual rate, with 4 consecutive years of positive cash generation. A business generating more cash every year while trading below its 200-week moving average is exactly the kind of disconnect value investors look for.
Growth of $100: FIZZ vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After FIZZ Crosses Below the Line?
Across 22 historical episodes, buying FIZZ when it crossed below its 200-week moving average produced an average return of +45.3% after 12 months (median +41.0%), compared to +10.0% for the S&P 500 over the same periods. 75% of those episodes were profitable after one year. After 24 months, the average return was +98.1% vs +25.4% for the index.
Each line shows $100 invested at the moment FIZZ crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Historical Touches
FIZZ has crossed below its 200-week MA 22 times with an average 1-year return of +48.2% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Aug 1992 | Nov 1993 | 66 | 34.3% | -13.4% | +17206.2% |
| Jan 1994 | Sep 1994 | 37 | 24.8% | +23.8% | +16794.1% |
| May 1995 | May 1995 | 1 | 1.2% | +100.0% | +16026.2% |
| Jun 1995 | Jul 1995 | 3 | 1.2% | +129.5% | +16026.2% |
| Dec 1995 | Jan 1996 | 4 | 12.2% | +268.4% | +18572.4% |
| Aug 1999 | Jan 2001 | 73 | 26.9% | -17.0% | +5155.9% |
| Feb 2001 | Apr 2001 | 9 | 11.6% | +50.6% | +4832.9% |
| Jul 2001 | Jul 2001 | 1 | 0.2% | +56.1% | +4827.5% |
| Oct 2005 | Nov 2005 | 5 | 2.5% | +75.5% | +2650.0% |
| Nov 2005 | Dec 2005 | 4 | 1.0% | +91.2% | +2627.7% |
| Nov 2007 | Dec 2007 | 5 | 7.7% | +8.5% | +1796.6% |
| Dec 2007 | Aug 2008 | 31 | 15.4% | +25.2% | +1838.3% |
| Oct 2008 | Nov 2008 | 7 | 11.9% | +46.2% | +1699.7% |
| Dec 2008 | Dec 2008 | 2 | 8.4% | +68.6% | +1718.3% |
| Feb 2009 | Mar 2009 | 3 | 10.1% | +54.4% | +1622.7% |
| Feb 2019 | Aug 2020 | 78 | 44.2% | -37.5% | +26.4% |
| Sep 2020 | Oct 2020 | 3 | 5.2% | +53.8% | +18.3% |
| Apr 2024 | Apr 2024 | 2 | 5.2% | +2.8% | -16.6% |
| May 2024 | Jun 2024 | 2 | 1.3% | +3.0% | -17.3% |
| Dec 2024 | May 2025 | 22 | 12.4% | -24.7% | -17.8% |
| Jun 2025 | Jul 2025 | 5 | 5.7% | N/A | -21.2% |
| Aug 2025 | Ongoing | 26+ | 28.1% | Ongoing | -21.2% |
| Average | 18 | — | +48.2% | — |
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of Friday close, 2026-02-02