NYSE:REED Reed's (REED) Stock Forecast, Price & News $3.22 +0.02 (+0.63%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$3.05▼$3.3050-Day Range$2.00▼$3.5452-Week Range$1.50▼$11.60Volume2,491 shsAverage Volume19,644 shsMarket Capitalization$8.37 millionP/E RatioN/ADividend YieldN/APrice TargetN/A ProfileProfileChartCompetitorsEarningsFinancialsHeadlinesOptions ChainSEC FilingsSocial MediaProfileChartCompetitorsEarningsFinancialsHeadlinesOptions ChainSEC FilingsSocial Media About Reed's (NYSE:REED) StockReed'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.Read More Receive REED Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Reed's and its competitors with MarketBeat's FREE daily newsletter. Email Address REED Stock News HeadlinesJune 8, 2023 | msn.comLove Letter to a Record: Gengahr on Lou Reed's ‘Transformer'June 8, 2023 | msn.comBlack Sands Entertainment & Carl Reed’s Composition Media Ink Anime Production Deal; ‘Black Sands: The Seven Kingdoms’ Series Adaptation Set As First ProjectJune 9, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.June 8, 2023 | americanbankingnews.comHead-To-Head Analysis: Reed's (NYSE:REED) & Coca-Cola HBC (OTCMKTS:CCHGY)June 7, 2023 | msn.comHow Lou Reed's Metal Machine Music Became The Most Returned Album Of All TimeJune 6, 2023 | americanbankingnews.comReed's (NYSE:REED) Now Covered by StockNews.comJune 5, 2023 | americanbankingnews.comHead-To-Head Survey: Reed's (NYSE:REED) versus Primo Water (NYSE:PRMW)June 3, 2023 | americanbankingnews.comReed's (NYSE:REED) Announces Earnings ResultsJune 9, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.June 1, 2023 | msn.comReed's Earnings Miss Due To Tight Credit Terms, Expects To Turn Cash Flow PositiveJune 1, 2023 | finanznachrichten.deReed's, Inc.: Reed's Reports First Quarter 2023 ResultsJune 1, 2023 | msn.comReed's: Q1 Earnings InsightsMay 31, 2023 | news.yahoo.comFrom the Archives: May 31 in the PioneerMay 31, 2023 | americanbankingnews.comReed's (REED) to Release Earnings on ThursdayMay 29, 2023 | msn.comThe Barry Series Finale Brings Sally Reed's Story Full CircleMay 29, 2023 | americanbankingnews.comReed's (NYSE:REED) Coverage Initiated at StockNews.comMay 28, 2023 | msn.comCan The MCU Still Use The Council Of Reeds After Rick And Morty?May 28, 2023 | americanbankingnews.comReed's (NYSE:REED) versus Celsius (NASDAQ:CELH) Financial ComparisonMay 26, 2023 | americanbankingnews.comReed's (NYSE:REED) and Zevia PBC (NYSE:ZVIA) Head to Head ReviewMay 23, 2023 | msn.comDucks left with no water after The Reeds mill pond in Tovil drained due to crack in river barrierMay 22, 2023 | msn.comMan indicted in connection to Sinzae Reed's shooting death arrestedMay 22, 2023 | msn.comPatrick Reed’s caddie flips heckling fan the bird at PGA ChampionshipMay 22, 2023 | americanbankingnews.comReviewing Reed's (REED) & Its RivalsMay 21, 2023 | msn.comPatrick Reed's Caddie Reportedly Flipped Off Fan At PGA ChampionshipMay 21, 2023 | americanbankingnews.comStockNews.com Begins Coverage on Reed's (NYSE:REED)May 21, 2023 | americanbankingnews.comReed's (REED) and Its Rivals Critical AnalysisMay 20, 2023 | americanbankingnews.comHead to Head Analysis: Reed's (REED) and Its RivalsSee More Headlines REED Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart REED Company Calendar Last Earnings6/01/2023Today6/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Bottled & canned soft drinks Sub-IndustryN/A SectorConsumer Staples Current SymbolNYSE:REED CUSIPN/A CIK1140215 Webdrinkreeds.com Phone(800) 997-3337Fax310-217-9411EmployeesN/AYear FoundedN/AProfitability EPS (Most Recent Fiscal Year)($8.19) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-20,060,000.00 Net Margins-35.75% Pretax Margin-37.36% Return on Equity-1,582.74% Return on Assets-64.66% Debt Debt-to-Equity RatioN/A Current Ratio0.81 Quick Ratio0.24 Sales & Book Value Annual Sales$53.04 million Price / Sales0.16 Cash FlowN/A Price / Cash FlowN/A Book Value($3.40) per share Price / Book-0.97Miscellaneous Outstanding Shares2,600,000Free Float1,824,000Market Cap$8.58 million OptionableOptionable Beta1.58 Key ExecutivesNorman E. SnyderChief Executive Officer & DirectorDamian WarshallVice President-OperationsJoann TinnellyChief Financial Officer, VP & ControllerChristopher J. ReedChief Innovation OfficerChristopher BurlesonChief Commercial OfficerKey CompetitorsNuZeeNASDAQ:NUZEEducational DevelopmentNASDAQ:EDUCFarmmiNASDAQ:FAMISteakholder FoodsNASDAQ:STKHDAVIDsTEANASDAQ:DTEAView All Competitors REED Stock - Frequently Asked Questions How have REED shares performed in 2023? Reed's' stock was trading at $0.0698 at the beginning of the year. Since then, REED stock has increased by 4,627.8% and is now trading at $3.30. View the best growth stocks for 2023 here. How were Reed's' earnings last quarter? Reed's, Inc. (NYSE:REED) released its earnings results on Thursday, June, 1st. The company reported ($1.70) earnings per share (EPS) for the quarter, missing the consensus estimate of ($1.02) by $0.68. The company had revenue of $11.16 million for the quarter, compared to the consensus estimate of $14.12 million. Reed's had a negative trailing twelve-month return on equity of 1,582.74% and a negative net margin of 35.75%. 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 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 $3.30. How much money does Reed's make? Reed's (NYSE:REED) has a market capitalization of $8.58 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 6/9/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Reed's, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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