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NYSE:REED

Reed's (REED) Stock Forecast, Price & News

$3.39
+0.34 (+11.15%)
(As of 02:56 PM ET)
Compare
Today's Range
$2.94
$3.60
50-Day Range
$2.00
$3.65
52-Week Range
$1.50
$11.60
Volume
5,148 shs
Average Volume
20,872 shs
Market Capitalization
$8.81 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A

REED stock logo

About Reed's (NYSE:REED) Stock

Reed's, Inc. engages in the manufacture and distribution 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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REED Stock News Headlines

From the Archives: May 31 in the Pioneer
Reed's (REED) to Release Earnings on Thursday
Soaring EV Industry Keeps Investor Focus on Lithium
The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.
Reed's (NYSE:REED) Coverage Initiated at StockNews.com
Soaring EV Industry Keeps Investor Focus on Lithium
The need for lithium keeps going up, up, up with the mass adoption of electric vehicles. The lithium demand for EV batteries alone is now double the rate of lithium production.
Reviewing Reed's (REED) & Its Rivals
StockNews.com Begins Coverage on Reed's (NYSE:REED)
Reed's (REED) and Its Rivals Critical Analysis
Head to Head Analysis: Reed's (REED) and Its Rivals
Analyzing Reed's (REED) and Its Peers
Comparing Reed's (REED) and The Competition
Contrasting Reed's (REED) & The Competition
Reed's (REED) versus Its Peers Financial Analysis
Financial Analysis: Reed's (REED) versus The Competition
ScentAir Introduces New Fragrance Infused Reeds for Home Consumers
See More Headlines
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REED Company Calendar

Last Earnings
3/29/2023
Today
5/31/2023
Next Earnings (Estimated)
6/01/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Bottled & canned soft drinks
Sub-Industry
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$-20,060,000.00
Pretax Margin
-37.81%

Debt

Sales & Book Value

Annual Sales
$53.04 million
Book Value
($3.40) per share

Miscellaneous

Free Float
1,824,000
Market Cap
$7.93 million
Optionable
Optionable
Beta
1.62

Key Executives

  • Norman E. Snyder
    Chief Executive Officer & Director
  • Damian Warshall
    Vice President-Operations
  • Joann Tinnelly
    Chief Financial Officer, VP & Controller
  • Christopher J. Reed
    Chief Innovation Officer
  • Christopher Burleson
    Chief Commercial Officer













REED Stock - Frequently Asked Questions

How have REED shares performed in 2023?

Reed's' stock was trading at $0.0698 on January 1st, 2023. Since then, REED shares have increased by 4,269.6% and is now trading at $3.05.
View the best growth stocks for 2023 here
.

When is Reed's' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, June 1st 2023.
View our REED earnings forecast
.

How were Reed's' earnings last quarter?

Reed's, Inc. (NYSE:REED) issued its quarterly earnings data on Wednesday, March, 29th. The company reported ($2.49) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($1.28) by $1.21. The business earned $15.04 million during the quarter, compared to analyst estimates of $15.10 million. Reed's had a negative net margin of 36.23% and a negative trailing twelve-month return on equity of 1,582.74%.

What is Reed's' stock symbol?

Reed's trades on the New York Stock Exchange (NYSE) under the ticker symbol "REED."

How do I buy shares of Reed's?

Shares of REED stock 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 $3.05.

How much money does Reed's make?

Reed's (NYSE:REED) has a market capitalization of $7.93 million and generates $53.04 million in revenue each year. The company earns $-20,060,000.00 in net income (profit) each year or ($8.99) on an earnings per share basis.

How can I contact Reed's?

Reed's' mailing address is 201 MERRITT 7, NORWALK CT, 06851. The official website for the company is drinkreeds.com. The company can be reached via phone at (800) 997-3337, via email at ir@reedsinc.com, or via fax at 310-217-9411.

This page (NYSE:REED) was last updated on 5/31/2023 by MarketBeat.com Staff

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