Reed's, Inc. develops, manufactures, markets and sells natural non-alcoholic carbonated soft drinks, Kombucha, candies and ice creams. The Company manufactures, licenses, markets and sells several product lines, such as Reed's Ginger Brews; Virgil's Root Beer, Cream Sodas, Dr. Better and Real Cola, including ZERO diet sodas; Culture Club Kombucha; China Colas; Reed's Ginger candy and ice creams, and Sonoma Sparkler and other juice based products. The Company sells its products throughout the United States and in select international markets. It sells products through a network of natural, gourmet and beer distributors and direct to certain large national retailers. The Company also has private label business. The Company manufactures and sells beverages and candies or other ginger related products. The Company produces carbonated beverages in multiple facilities, including a facility in Los Angeles, California, known as The Brewery.
Industry, Sector and Symbol:
- Sector: Non-Cyclical Consumer Goods & Services
- Industry: Carbonated Soft Drinks
- Sub-Industry: N/A
- Symbol: NYSE:REED
- CUSIP: N/A
- Web: www.reedsinc.com/
- Market Cap: $23.77 million
- Outstanding Shares: 13,982,000
- 50 Day Moving Avg: $2.29
- 200 Day Moving Avg: $3.45
- 52 Week Range: $1.50 - $4.75
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -170.00
- P/E Growth: -0.25
- Annual Revenue: $40.76 million
- Price / Sales: 0.58
- Book Value: ($0.26) per share
- Price / Book: -6.54
- EBIDTA: ($2,730,000.00)
- Net Margins: -24.03%
- Return on Assets: -44.29%
- Average Volume: 67,918 shs.
- Short Ratio: 6.34
Frequently Asked Questions for Reed's (NYSE:REED)
What is Reed's' stock symbol?
Reed's trades on the New York Stock Exchange (NYSE) under the ticker symbol "REED."
How were Reed's' earnings last quarter?
Reed's, Inc. (NYSE:REED) posted its quarterly earnings data on Monday, May, 15th. The company reported ($0.14) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by $0.03. The business earned $8.30 million during the quarter, compared to the consensus estimate of $8.30 million. View Reed's' Earnings History.
Where is Reed's' stock going? Where will Reed's' stock price be in 2017?
2 analysts have issued 1 year price targets for Reed's' shares. Their forecasts range from $5.50 to $8.00. On average, they anticipate Reed's' share price to reach $6.75 in the next twelve months. View Analyst Ratings for Reed's.
Who are some of Reed's' key competitors?
Some companies that are related to Reed's include Zambeef Products Plc (ZAM), Dekeloil Public Ltd (DKL), Spark Networks (LOV), Real Good Food PLC (RGD), AdvancePierre Foods Holdings (APFH), Apollo Education Group (APOL), Asian Citrus Holdings Limited (ACHL), Boulder Brands (SMBL), Boulder Brands (BDBD), Delhaize Group SA (DEG), Diamond Foods (DMND), Elizabeth Arden (RDEN), Essentra PLC (FLTR), Imperial Brands PLC (IMT), Ingredion (CPO), Keurig Green Mountain (GMCR), Kraft Foods Group (KRFT) and Kraft Foods Group (KRFTV).
Who are Reed's' key executives?
Reed's' management team includes the folowing people:
- John Bello, Chairman of the Board
- Val Stalowir, Chief Executive Officer, Director
- Daniel V. Miles, Chief Financial Officer
- Stefan Freeman, Chief Operating Officer, Director
- Neal Cohane, Senior Vice President - Sales
- Christopher John Reed, Chief Innovation Officer. Non-Independent Director
- Judy Holloway Reed, Corporate Secretary
- Charles F. Cargile, Independent Director
- Lewis Jaffe, Independent Director
Who owns Reed's stock?
Reed's' stock is owned by many different of retail and institutional investors. Top institutional shareholders include North Star Investment Management Corp. (1.46%). Company insiders that own Reed's stock include Christopher J Reed and Neal Cohane. View Institutional Ownership Trends for Reed's.
Who bought Reed's stock? Who is buying Reed's stock?
Reed's' stock was bought by a variety of institutional investors in the last quarter, including North Star Investment Management Corp.. Company insiders that have bought Reed's stock in the last two years include Christopher J Reed and Neal Cohane. View Insider Buying and Selling for Reed's.
How do I buy Reed's stock?
Shares of Reed's can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Reed's' stock price today?
MarketBeat Community Rating for Reed's (NYSE REED)MarketBeat's community ratings are surveys of what our community members think about Reed's and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Reed's stock can currently be purchased for approximately $1.70.
Consensus Ratings for Reed's (NYSE:REED) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||2 Buy Ratings|
|Consensus Rating:||Buy (Score: 3.00)|
|Consensus Price Target: ||$6.75 (297.06% upside)|
Analysts' Ratings History for Reed's (NYSE:REED)
(Data available from 7/28/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|4/25/2017||Maxim Group||Lower Price Target||Buy -> Buy||$7.00 -> $5.50||High|
|8/5/2016||Wunderlich||Reiterated Rating||Buy||$10.00 -> $8.00||N/A|
Earnings History for Reed's (NYSE:REED)Earnings History by Quarter for Reed's (NYSE REED)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|5/15/2017||Q1 2017||($0.11)||($0.14)||$8.30 million||$8.30 million||View||N/A|
|10/13/2016||Q3||($0.04)||($0.02)||$12.60 million||$12.33 million||View||Listen|
|5/11/2016||Q1||($0.04)||($0.12)||$10.85 million||$10.00 million||View||Listen|
|3/23/2016||Q4||($0.02)||($0.30)||$12.50 million||$12.40 million||View||Listen|
|11/12/2015||Q3||$0.02||($0.19)||$13.60 million||$10.71 million||View||Listen|
|8/13/2015||Q215||$0.02||($0.05)||$13.12 million||$12.20 million||View||Listen|
|5/11/2015||Q115||($0.04)||($0.02)||$10.50 million||$10.60 million||View||Listen|
|3/26/2015||Q414||($0.01)||($0.09)||$11.20 million||$10.97 million||View||N/A|
|8/14/2013||Q213||($0.04)||$7.80 million||$9.50 million||View||N/A|
|5/14/2013||Q113||($0.01)||($0.03)||$6.54 million||$8.13 million||View||N/A|
|3/25/2013||Q412||($0.05)||$25.00 million||$30.00 million||View||N/A|
Earnings Estimates for Reed's (NYSE:REED)
Current Year EPS Consensus Estimate: $-0.26 EPS
Next Year EPS Consensus Estimate: $-0.01 EPS
Dividend History for Reed's (NYSE:REED)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Reed's (NYSE:REED)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Reed's (NYSE:REED)
Latest Headlines for Reed's (NYSE:REED)
|Reed’s, Inc. Announces Warrant Exercise Agreements Resulting in $1.6 Million Financing Transaction|
finance.yahoo.com - July 15 at 7:56 AM
|Analyzing Reed's (REED) and Coca Cola Femsa S.A.B. de C.V. (KOF)|
www.americanbankingnews.com - July 1 at 7:42 AM
|ETFs with exposure to Reed’s, Inc. : June 28, 2017|
finance.yahoo.com - June 29 at 6:29 AM
|Coca Cola Femsa S.A.B. de C.V. (KOF) & Reed's (REED) Head to Head Review|
www.americanbankingnews.com - June 28 at 4:14 PM
|Reed's, Inc. (REED) Sees Large Decrease in Short Interest|
www.americanbankingnews.com - June 27 at 7:13 AM
|Financial Contrast: Reed's (REED) and Fomento Economico Mexicano S.A.B. de C.V. (FMX)|
www.americanbankingnews.com - June 23 at 11:12 AM
|Reviewing Coca Cola Femsa S.A.B. de C.V. (KOF) and Reed's (REED)|
www.americanbankingnews.com - June 21 at 12:22 AM
|ETFs with exposure to Reed’s, Inc. : June 13, 2017|
finance.yahoo.com - June 13 at 7:35 PM
|Short Interest in Reed's, Inc. (REED) Drops By 9.2%|
www.americanbankingnews.com - June 10 at 7:04 AM
|Reed's (REED) versus PepsiCo (PEP) Head-To-Head Review|
www.americanbankingnews.com - June 7 at 7:56 AM
|Reviewing Reed's (REED) and PepsiCo (PEP)|
www.americanbankingnews.com - June 5 at 8:08 AM
|ETFs with exposure to Reed’s, Inc. : June 2, 2017|
finance.yahoo.com - June 2 at 10:37 PM
|Reed's, Inc. (REED) Sees Large Growth in Short Interest|
www.americanbankingnews.com - May 24 at 7:22 PM
|ETFs with exposure to Reed’s, Inc. : May 23, 2017|
finance.yahoo.com - May 23 at 6:53 PM
|Reed’s, Inc. :REED-US: Earnings Analysis: Q1, 2017 By the Numbers : May 22, 2017|
finance.yahoo.com - May 22 at 6:37 PM
|Reed's, Inc. (REED) Announces Earnings Results|
www.americanbankingnews.com - May 16 at 10:54 AM
|Edited Transcript of REED earnings conference call or presentation 15-May-17 8:30pm GMT|
finance.yahoo.com - May 16 at 9:35 AM
|Reed's Inc. Announces First Quarter Financial Results|
finance.yahoo.com - May 15 at 6:44 PM
|ETFs with exposure to Reed’s, Inc. : May 8, 2017|
finance.yahoo.com - May 8 at 6:51 PM
|Reed's, Inc. to Discuss First Quarter 2017 Financial Results on Monday, May 15, 2017|
finance.yahoo.com - May 8 at 11:49 AM
| Analysts Expect Reed's, Inc. (REED) Will Post Earnings of -$0.01 Per Share|
www.americanbankingnews.com - May 3 at 4:08 PM
|Reed's (REED) Getting Somewhat Positive News Coverage, AlphaOne Reports|
www.americanbankingnews.com - May 3 at 1:09 AM
|Reed's, Inc. (REED) Rating Lowered to Strong Sell at Zacks Investment Research|
www.americanbankingnews.com - April 30 at 3:12 PM
|Reed's (REED) Getting Somewhat Favorable News Coverage, AlphaOne Reports|
www.americanbankingnews.com - April 29 at 11:09 PM
|ETFs with exposure to Reed’s, Inc. : April 28, 2017|
finance.yahoo.com - April 28 at 8:37 PM
|Reed’s, Inc. :REED-US: Earnings Analysis: Q4, 2016 By the Numbers : April 27, 2017|
finance.yahoo.com - April 27 at 10:51 AM
|Reed's (REED) Receiving Very Positive Press Coverage, Analysis Finds|
www.americanbankingnews.com - April 26 at 11:36 AM
|Edited Transcript of REED earnings conference call or presentation 24-Apr-17 5:30pm GMT|
finance.yahoo.com - April 25 at 10:13 AM
|Reed's, Inc. Announces 2016 Financial Results; Chris Reed Takes on New Role as Chief Innovation Officer|
finance.yahoo.com - April 24 at 5:58 PM
|Reed's (REED) Catches Eye: Stock Adds 9.2% in Session|
finance.yahoo.com - April 24 at 11:54 AM
|Reed's (REED) Earns Daily News Sentiment Score of 0.44|
www.americanbankingnews.com - April 23 at 9:55 AM
|Reed’s Provides Details for 2016 Earnings Call|
finance.yahoo.com - April 20 at 7:36 PM
|Reed's (REED) Receives Daily News Sentiment Score of -0.29|
www.americanbankingnews.com - April 20 at 8:51 AM
|Reed's, Inc. Reschedules Date of 2016 Earnings Call and Regulatory Filing|
feeds.benzinga.com - April 17 at 8:21 AM
|Somewhat Negative Media Coverage Very Likely to Effect Reed's (REED) Stock Price|
www.americanbankingnews.com - April 14 at 1:08 PM
| Brokerages Set $7.50 Target Price for Reed's, Inc. (REED)|
www.americanbankingnews.com - April 4 at 12:28 AM
|Reed's, Inc. Announces Date of 2016 Earnings Call and Regulatory Filing|
us.rd.yahoo.com - March 31 at 7:39 PM
|4:16 pm Reed's confirms it will hold a conference call on Monday, April 17, 2017 to discuss both the results of 2016 and the information contained in the 10-K at that time|
us.rd.yahoo.com - March 31 at 7:39 PM
|Is Reed's 2.0 Real? If Yes, It's A 10 Bagger - Reed's, Inc. (NASDAQ ... - Seeking Alpha|
seekingalpha.com - March 30 at 7:46 PM
|Reed's, Inc. (REED) Sees Significant Drop in Short Interest|
www.americanbankingnews.com - March 25 at 7:14 AM
|Reed's, Inc. - A Growth Story Bubbling Away - Seeking Alpha|
seekingalpha.com - February 18 at 8:15 AM
|Who Split The Sea of Reeds? - Huffington Post|
www.huffingtonpost.com - February 7 at 10:56 PM
|Atlanta Falcons fall short in Houston|
www.bizjournals.com - February 6 at 12:19 AM
Reed's (REED) Chart for Friday, July, 28, 2017