NYSE:REED

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

$3.23

+0.23 (+7.67%)

(As of 06/2/2023 08:49 PM ET)

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Today's Range: $3.20
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$3.64
50-Day Range: $2.00
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$3.65
52-Week Range: $1.50
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$11.60

Volume: 2,800 shs
Average Volume: 20,503 shs
Market Capitalization: $8.40 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

Profile Chart Competitors Earnings Financials Headlines Options Chain SEC Filings Social Media

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

June 5, 2023 | americanbankingnews.com

Head-To-Head Survey: Reed's (NYSE:REED) versus Primo Water (NYSE:PRMW)

June 3, 2023 | americanbankingnews.com

Reed's (NYSE:REED) Announces Earnings Results

June 5, 2023 | Behind the Markets (Ad)

"Chilling War Games Show US Forces Crushed" – FOX NEWS

=== BREAKING === "Chilling War Games Show US Forces Crushed" - FOX NEWS After losing to China in repeated war games, U.S. military to spend billions on new "living missile" for armed forces. Investors stand to reap 35,960% on shares of small defense contractor that makes powerful new weapon. Get the name of the stock here >>>

June 1, 2023 | msn.com

Reed's Earnings Miss Due To Tight Credit Terms, Expects To Turn Cash Flow Positive

June 1, 2023 | finanznachrichten.de

Reed's, Inc.: Reed's Reports First Quarter 2023 Results

June 1, 2023 | msn.com

Reed's: Q1 Earnings Insights

May 31, 2023 | news.yahoo.com

From the Archives: May 31 in the Pioneer

May 31, 2023 | americanbankingnews.com

Reed's (REED) to Release Earnings on Thursday

June 5, 2023 | Behind the Markets (Ad)

"Chilling War Games Show US Forces Crushed" – FOX NEWS

May 29, 2023 | msn.com

The Barry Series Finale Brings Sally Reed's Story Full Circle

May 29, 2023 | americanbankingnews.com

Reed's (NYSE:REED) Coverage Initiated at StockNews.com

May 28, 2023 | msn.com

Can The MCU Still Use The Council Of Reeds After Rick And Morty?

May 28, 2023 | americanbankingnews.com

Reed's (NYSE:REED) versus Celsius (NASDAQ:CELH) Financial Comparison

May 26, 2023 | americanbankingnews.com

Reed's (NYSE:REED) and Zevia PBC (NYSE:ZVIA) Head to Head Review

May 23, 2023 | msn.com

Ducks left with no water after The Reeds mill pond in Tovil drained due to crack in river barrier

May 22, 2023 | msn.com

Man indicted in connection to Sinzae Reed's shooting death arrested

May 22, 2023 | msn.com

Patrick Reed’s caddie flips heckling fan the bird at PGA Championship

May 22, 2023 | americanbankingnews.com

Reviewing Reed's (REED) & Its Rivals

May 21, 2023 | msn.com

Patrick Reed's Caddie Reportedly Flipped Off Fan At PGA Championship

May 21, 2023 | americanbankingnews.com

StockNews.com Begins Coverage on Reed's (NYSE:REED)

May 21, 2023 | americanbankingnews.com

Reed's (REED) and Its Rivals Critical Analysis

May 20, 2023 | americanbankingnews.com

Head to Head Analysis: Reed's (REED) and Its Rivals

May 19, 2023 | msn.com

Sinzae Reed's family questions why no murder charges as Saturday protest planned

May 19, 2023 | americanbankingnews.com

Analyzing Reed's (REED) and Its Peers

May 18, 2023 | americanbankingnews.com

Comparing Reed's (REED) and The Competition

May 18, 2023 | americanbankingnews.com

Contrasting Reed's (REED) & The Competition

May 18, 2023 | msn.com

Reed’s blast, Cooke’s pitching lead North Hunterdon softball to 1st county title in 17 years

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REED Price History

30 days | 90 days | 365 days | Advanced Chart

REED Company Calendar

Last Earnings: 6/01/2023
Today: 6/04/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Bottled & canned soft drinks
Sub-Industry: N/A
Sector: Consumer Staples
Current Symbol: NYSE:REED
CUSIP: N/A
CIK: 1140215
Web: drinkreeds.com
Phone: (800) 997-3337
Fax: 310-217-9411
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): ($8.19)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-20,060,000.00
Net Margins: -35.75%
Pretax Margin: -37.81%
Return on Equity: -1,582.74%
Return on Assets: -60.69%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 0.94
Quick Ratio: 0.31

Sales & Book Value

Annual Sales: $53.04 million
Price / Sales: 0.16
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: ($3.40) per share
Price / Book: -0.95

Miscellaneous

Outstanding Shares: 2,600,000
Free Float: 1,824,000
Market Cap: $8.40 million
Optionable: Optionable
Beta: 1.58

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

Key Competitors

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REED Stock - Frequently Asked Questions

How have REED shares performed in 2023?: Reed's' stock was trading at $0.0698 at the start of the year. Since then, REED shares have increased by 4,527.5% and is now trading at $3.23.
View the best growth stocks for 2023 here.
How were Reed's' earnings last quarter?: Reed's, Inc. (NYSE:REED) posted its earnings results on Thursday, June, 1st. The company reported ($1.70) earnings per share for the quarter, missing the consensus estimate of ($1.02) by $0.68. The firm earned $11.16 million during the quarter, compared to analysts' expectations of $14.12 million. Reed's had a negative net margin of 35.75% and a negative trailing twelve-month return on equity of 1,582.74%.
What guidance has Reed's issued on next quarter's earnings?: Reed's updated its FY 2023 earnings guidance on Sunday, June, 4th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $68.95M-, compared to the consensus revenue estimate of $62.61 million.
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 $3.23.
How much money does Reed's make?: Reed's (NYSE:REED) has a market capitalization of $8.40 million and generates $53.04 million in revenue each year. The company earns $-20,060,000.00 in net income (profit) each year or ($8.19) 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 6/5/2023 by MarketBeat.com Staff

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