S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
S&P 500   4,455.48
DOW   34,798.00
QQQ   373.33
NASDAQ:REED

Reed's Stock Forecast, Price & News

$0.62
0.00 (0.00 %)
(As of 09/24/2021 04:00 PM ET)
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Today's Range
$0.61
$0.63
50-Day Range
$0.58
$0.88
52-Week Range
$0.55
$1.68
Volume769,341 shs
Average Volume1.88 million shs
Market Capitalization$58.17 million
P/E RatioN/A
Dividend YieldN/A
Beta1.2
30 days | 90 days | 365 days | Advanced Chart
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Reed

About Reed's

Reed's, Inc. engages in the provision of carbonated and non-carbonated beverages. Its product lines include Reed's Ginger Brews, Virgil's Root Beer, and Flying Caldron Butterscotch Beer. The company was founded by Christopher J. Reed in June 1987 and is headquartered in Norwalk, CT.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.15 out of 5 stars

Consumer Staples Sector

76th out of 179 stocks

Bottled & Canned Soft Drinks Industry

4th out of 12 stocks

Analyst Opinion: 3.5Community Rank: 4.1Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 0.6 5 -4 -3 -2 -1 -
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Reed's (NASDAQ:REED) Frequently Asked Questions

Is Reed's a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Reed's in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Reed's stock.
View analyst ratings for Reed's
or view top-rated stocks.

What stocks does MarketBeat like better than Reed's?

Wall Street analysts have given Reed's a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Reed's wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Reed's?

Reed's saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 1,160,000 shares, an increase of 53.4% from the August 15th total of 756,100 shares. Based on an average daily trading volume, of 505,500 shares, the days-to-cover ratio is presently 2.3 days. Approximately 2.1% of the shares of the stock are short sold.
View Reed's' Short Interest
.

When is Reed's' next earnings date?

Reed's is scheduled to release its next quarterly earnings announcement on Monday, November 8th 2021.
View our earnings forecast for Reed's
.

How were Reed's' earnings last quarter?

Reed's, Inc. (NASDAQ:REED) issued its quarterly earnings data on Thursday, August, 12th. The company reported ($0.03) EPS for the quarter, meeting analysts' consensus estimates of ($0.03). Reed's had a negative net margin of 30.22% and a negative trailing twelve-month return on equity of 186.64%.
View Reed's' earnings history
.

How has Reed's' stock been impacted by Coronavirus?

Reed's' stock was trading at $0.71 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, REED shares have decreased by 12.5% and is now trading at $0.6210.
View which stocks have been most impacted by COVID-19
.

What guidance has Reed's issued on next quarter's earnings?

Reed's updated its FY 2021 earnings guidance on Thursday, September, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $47.44 million-$48.27 million, compared to the consensus revenue estimate of $49.25 million.

What price target have analysts set for REED?

2 Wall Street analysts have issued twelve-month price targets for Reed's' shares. Their forecasts range from $1.10 to $2.00. On average, they expect Reed's' share price to reach $1.55 in the next twelve months. This suggests a possible upside of 149.6% from the stock's current price.
View analysts' price targets for Reed's
or view top-rated stocks among Wall Street analysts.

Who are Reed's' key executives?

Reed's' management team includes the following people:
  • Norman E. Snyder, Chief Executive Officer & Director
  • Thomas J. Spisak, Chief Financial Officer
  • Joann Tinnelly, Vice President & Controller
  • Christopher J. Reed, Chief Innovation Officer
  • Neal M. Cohane, Chief Sales Officer

What other stocks do shareholders of Reed's own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Reed's investors own include NIO (NIO), Acasti Pharma (ACST), ADMA Biologics (ADMA), Arlo Technologies (ARLO), Assertio (ASRT), Avinger (AVGR), Centennial Resource Development (CDEV), Diffusion Pharmaceuticals (DFFN), Express (EXPR) and FuelCell Energy (FCEL).

What is Reed's' stock symbol?

Reed's trades on the NASDAQ under the ticker symbol "REED."

Who are Reed's' major shareholders?

Reed's' stock is owned by a number of retail and institutional investors. Top institutional investors include Union Square Park Capital Management LLC (7.54%), Vanguard Group Inc. (4.07%), Bard Associates Inc. (3.15%), Handelsbanken Fonder AB (2.83%), Geode Capital Management LLC (0.72%) and Essex Investment Management Co. LLC (0.71%). Company insiders that own Reed's stock include John Bello, Lewis Jaffe, Norman E Jr Snyder and Snyder Iris.
View institutional ownership trends for Reed's
.

Which institutional investors are selling Reed's stock?

REED stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Essex Investment Management Co. LLC, RPG Investment Advisory LLC, Trillium Asset Management LLC, and Algert Global LLC.
View insider buying and selling activity for Reed's
or view top insider-selling stocks.

Which institutional investors are buying Reed's stock?

REED stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Union Square Park Capital Management LLC, State Street Corp, Geode Capital Management LLC, Wells Fargo & Company MN, Handelsbanken Fonder AB, Charles Schwab Investment Management Inc., and Bard Associates Inc.. Company insiders that have bought Reed's stock in the last two years include John Bello, Lewis Jaffe, Norman E Jr Snyder, and Snyder Iris.
View insider buying and selling activity for Reed's
or or view top insider-buying stocks.

How do I buy shares of Reed's?

Shares of REED can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Reed's' stock price today?

One share of REED stock can currently be purchased for approximately $0.62.

How much money does Reed's make?

Reed's has a market capitalization of $58.17 million and generates $41.62 million in revenue each year. The company earns $-10,180,000.00 in net income (profit) each year or ($0.17) on an earnings per share basis.

How many employees does Reed's have?

Reed's employs 34 workers across the globe.

What is Reed's' official website?

The official website for Reed's is www.drinkreeds.com.

Where are Reed's' headquarters?

Reed's is headquartered at 201 MERRITT 7, NORWALK CT, 06851.

How can I contact Reed's?

Reed's' mailing address is 201 MERRITT 7, NORWALK CT, 06851. The company can be reached via phone at (300) 997-3337 or via email at [email protected].


This page was last updated on 9/25/2021 by MarketBeat.com Staff

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