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Reeds Stock Price, News & Analysis (NASDAQ:REED)

$0.78
-0.01 (-1.27 %)
(As of 10/18/2019 02:17 AM ET)
Today's Range
$0.75
Now: $0.78
$0.80
50-Day Range
$0.72
MA: $1.33
$1.85
52-Week Range
$0.69
Now: $0.78
$4.05
Volume85,500 shs
Average Volume182,591 shs
Market Capitalization$26.30 million
P/E RatioN/A
Dividend YieldN/A
Beta1.32
Reed's, Inc. develops, manufactures, markets, and sells natural hand-crafted beverages and candies in the United States, Canada, Asia, Europe, Australia, and South America. Its products include Reed's ginger beers; Virgil's root beer and cream sodas; Flying Cauldron Butterscotch Beer; and Sonoma Sparkler branded sparkling juices. The company also provides private label products. Reed's, Inc. sells its products to specialty gourmet, natural food stores, retail stores, convenience stores, and restaurants through distributors and independent distributor partners, as well as directly. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is based in Los Angeles, California.

Industry, Sector and Symbol

Industry Bottled & canned soft drinks
Sub-IndustryN/A
SectorConsumer Staples
Current SymbolNASDAQ:REED
CUSIPN/A
Phone800-9970-3337

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$38.10 million
Book Value($0.27) per share

Profitability

Net Income$-10,320,000.00

Miscellaneous

EmployeesN/A
Market Cap$26.30 million
Next Earnings Date11/12/2019 (Estimated)
OptionableOptionable

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Reeds (NASDAQ:REED) Frequently Asked Questions

What is Reeds' stock symbol?

Reeds trades on the NASDAQ under the ticker symbol "REED."

How were Reeds' earnings last quarter?

Reeds, Inc. (NASDAQ:REED) announced its earnings results on Tuesday, August, 13th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.11) by $0.02. The business had revenue of $9.48 million for the quarter, compared to analysts' expectations of $10.32 million. View Reeds' Earnings History.

When is Reeds' next earnings date?

Reeds is scheduled to release their next quarterly earnings announcement on Tuesday, November 12th 2019. View Earnings Estimates for Reeds.

What price target have analysts set for REED?

1 brokers have issued twelve-month target prices for Reeds' shares. Their forecasts range from $5.00 to $5.00. On average, they expect Reeds' stock price to reach $5.00 in the next year. This suggests a possible upside of 541.0% from the stock's current price. View Analyst Price Targets for Reeds.

What is the consensus analysts' recommendation for Reeds?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reeds in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Reeds.

Has Reeds been receiving favorable news coverage?

Headlines about REED stock have been trending somewhat negative on Friday, InfoTrie reports. InfoTrie identifies positive and negative media coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Reeds earned a media sentiment score of -1.9 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the near term. View News Stories for Reeds.

Are investors shorting Reeds?

Reeds saw a drop in short interest in the month of September. As of September 30th, there was short interest totalling 312,900 shares, a drop of 13.4% from the August 30th total of 361,500 shares. Based on an average daily volume of 213,300 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.1% of the shares of the stock are sold short. View Reeds' Current Options Chain.

Who are some of Reeds' key competitors?

What other stocks do shareholders of Reeds own?

Who are Reeds' key executives?

Reeds' management team includes the folowing people:
  • Mr. Valentin M. Stalowir, CEO & Director (Age 55)
  • Mr. Christopher J. Reed, Founder, Chief Innovation Officer & Director (Age 60)
  • Mr. Daniel V. Miles, Chief Financial Officer (Age 62)
  • Mr. Stefan Freeman, Chief Operating Officer (Age 57)
  • Mr. Neal Cohane, Sr. VP of Sales & Marketing (Age 58)

How do I buy shares of Reeds?

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

What is Reeds' stock price today?

One share of REED stock can currently be purchased for approximately $0.78.

How big of a company is Reeds?

Reeds has a market capitalization of $26.30 million and generates $38.10 million in revenue each year. The company earns $-10,320,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis. View Additional Information About Reeds.

What is Reeds' official website?

The official website for Reeds is http://www.drinkreeds.com/.

How can I contact Reeds?

Reeds' mailing address is 201 MERRITT 7 CORPORATE PARK, NORWALK CT, 06851. The company can be reached via phone at 800-9970-3337 or via email at [email protected]


MarketBeat Community Rating for Reeds (NASDAQ REED)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  50 (Thanks for Voting!)
Underperform Votes:  57 (Thanks for Voting!)
Total Votes:  107
MarketBeat's community ratings are surveys of what our community members think about Reeds and other stocks. Vote "Outperform" if you believe REED will outperform the S&P 500 over the long term. Vote "Underperform" if you believe REED will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 10/18/2019 by MarketBeat.com Staff

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