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NYSEAMERICAN:REED - Reed's Stock Price, Forecast & News

$0.76
0.00 (0.00 %)
(As of 12/9/2019 02:21 AM ET)
Today's Range
$0.73
Now: $0.76
$0.77
50-Day Range N/A
52-Week Range
$0.53
Now: $0.76
$4.05
Volume74,994 shs
Average Volume213,832 shs
Market Capitalization$35.98 million
P/E RatioN/A
Dividend YieldN/A
BetaN/A
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. Read More…

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN
Industry Beverages - Soft Drinks
Sub-IndustryN/A
SectorConsumer Defensive
Current SymbolNYSEAMERICAN:REED
CUSIPN/A
Phone+1-310-2179400

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees50
Market Cap$35.98 million
Next Earnings DateN/A
OptionableOptionable

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Reed's (NYSEAMERICAN:REED) Frequently Asked Questions

What is Reed's' stock symbol?

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

How were Reed's' earnings last quarter?

Reed's, Inc. (NYSEAMERICAN:REED) released its earnings results on Wednesday, November, 13th. The consumer goods maker reported ($0.14) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.11) by $0.03. The consumer goods maker had revenue of $8.74 million for the quarter, compared to analysts' expectations of $8.55 million. View Reed's' Earnings History.

What guidance has Reed's issued on next quarter's earnings?

Reed's updated its FY 2019 After-Hours earnings guidance on Monday, November, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $$34.5-35.5 million, compared to the consensus revenue estimate of $$35.75 million.

What price target have analysts set for REED?

4 equities research analysts have issued 12-month price objectives for Reed's' shares. Their forecasts range from $2.00 to $5.25. On average, they expect Reed's' share price to reach $3.69 in the next year. This suggests a possible upside of 387.8% from the stock's current price. View Analyst Price Targets for Reed's.

What is the consensus analysts' recommendation for Reed's?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reed's in the last year. There are currently 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Reed's.

What are Wall Street analysts saying about Reed's stock?

Here are some recent quotes from research analysts about Reed's stock:
  • 1. According to Zacks Investment Research, "Reed's, Inc. develops, manufactures, and markets top selling sodas in natural foods markets and will is currently expanding its innovative, all natural, non-alcoholic beverages, candies and ice creams into the mainstream markets. Its non-alcoholic Ginger Brews are unique in the beverage industry being brewed from fresh ginger, spices and fruits. Award-winning gourmet product lines include: Reed's Ginger Brews, Reed's Ginger Juice Brews, Reed's Ginger Candies and Reed's Ginger Ice Creams. Additionally, the Company has acquired Virgil's Root Beer and China Cola product lines. Reed's products are sold through specialty gourmet and natural food stores, supermarket chains, retail stores and restaurants nationwide and in Canada. " (11/19/2019)
  • 2. Maxim Group analysts commented, "Market close, REED reported lower-than-expected preliminary 4Q18 revenue. The company also introduced select 2019 guidance, including revenue and gross margin. In addition, REED announced a $12.9M equity offering at $2.10 per share. The offering is expected to close on February 20, 2019. REED expects to launch two new products in the CBD/hemp and craft alcoholic markets by the end of 2Q19." (2/15/2019)

Has Reed's been receiving favorable news coverage?

Media stories about REED stock have trended very negative on Monday, InfoTrie reports. The research firm rates the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Reed's earned a coverage optimism score of -3.0 on InfoTrie's scale. They also assigned media headlines about the consumer goods maker a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for Reed's.

Who are some of Reed's' key competitors?

What other stocks do shareholders of Reed's own?

Who are Reed's' key executives?

Reed's' management team includes the folowing people:
  • Mr. Valentin M. Stalowir, CEO & Director (Age 56)
  • Mr. Christopher J. Reed, Founder, Chief Innovation Officer & Director (Age 61)
  • Ms. Iris Snyder, Chief Financial Officer (Age 44)
  • Mr. Stefan Freeman, Chief Operating Officer (Age 58)
  • Mr. Neal Cohane, Sr. VP of Sales (Age 59)

Who are Reed's' major shareholders?

Reed's' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Handelsbanken Fonder AB (5.34%), Handelsinvest Investeringsforvaltning (1.71%), Essex Investment Management Co. LLC (0.83%) and SWS Partners (0.27%). Company insiders that own Reed's stock include Christopher J Reed, James C Bass, John Bello, Lewis Jaffe, Norman E Jr Snyder, Raptor/Harbor Reeds Spv Llc, Scott R Grossman and Snyder Iris. View Institutional Ownership Trends for Reed's.

Which institutional investors are selling Reed's stock?

REED stock was sold by a variety of institutional investors in the last quarter, including Essex Investment Management Co. LLC. Company insiders that have sold Reed's company stock in the last year include Christopher J Reed and Raptor/Harbor Reeds Spv Llc. View Insider Buying and Selling for Reed's.

Which institutional investors are buying Reed's stock?

REED stock was bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, Handelsinvest Investeringsforvaltning and SWS Partners. Company insiders that have bought Reed's stock in the last two years include James C Bass, John Bello, Lewis Jaffe, Norman E Jr Snyder, Raptor/Harbor Reeds Spv Llc, Scott R Grossman and Snyder Iris. View Insider Buying and Selling for Reed's.

How do I buy shares of Reed's?

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 Reed's' stock price today?

One share of REED stock can currently be purchased for approximately $0.76.

How big of a company is Reed's?

Reed's has a market capitalization of $35.98 million. Reed's employs 50 workers across the globe.View Additional Information About Reed's.

What is Reed's' official website?

The official website for Reed's is http://www.reedsinc.com/.

How can I contact Reed's?

Reed's' mailing address is 13000 S Spring St, LOS ANGELES, CA 90061-1634, United States. The consumer goods maker can be reached via phone at +1-310-2179400.


MarketBeat Community Rating for Reed's (NYSEAMERICAN REED)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  217 (Vote Outperform)
Underperform Votes:  188 (Vote Underperform)
Total Votes:  405
MarketBeat's community ratings are surveys of what our community members think about Reed's 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 12/9/2019 by MarketBeat.com Staff

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