NYSEAMERICAN:REEDReed's Stock Price, Forecast & News

$0.67

-0.02 (-2.90 %)

(As of 05/29/2020 04:00 PM ET)

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Today's Range

$0.65

Now: $0.67▼

$0.70

50-Day Range N/A

52-Week Range

$0.36

Now: $0.67▼

$3.80

Volume232,811 shs

Average Volume312,562 shs

Market Capitalization$42.16 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. Reed's, Inc. sells its products to specialty gourmet, natural food stores, retail stores, convenience stores, and restaurants through distributors and independent distributor partners, as well as directly. The company was formerly known as Original Beverage Corporation and changed its name to Reed's, Inc. in 2001. Reed's, Inc. was founded in 1987 and is headquartered in Norwalk, Connecticut.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Reed's has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $2.25, Reed's has a potential upside of 235.8% from its current price of $0.67.
Amount of Analyst Coverage
Reed's has received no research coverage in the past 90 days.

2.7 Community Rank

Outperform Votes
Reed's has received 237 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Reed's has received 197 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Reed's has received 54.61% “outperform” votes from our community.

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.

0.0 Dividend Strength

Dividend Yield
Reed's does not currently pay a dividend.
Dividend Growth
Reed's does not have a long track record of dividend growth.

3.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Reed's insiders have bought more of their company's stock than they have sold. Specifically, they have bought $71,916.00 in company stock and sold $0.00 in company stock.

0.0 Earnings and Valuation

Overall Beat the Market Rank^™

1.84 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSEAMERICAN

Industry Beverages - Soft Drinks

Sub-IndustryN/A

SectorConsumer Defensive

Current SymbolNYSEAMERICAN:REED

Previous SymbolNYSE:REED

CUSIPN/A

CIK1140215

Webwww.reedsinc.com

Phone+1-310-2179400

Debt

Debt-to-Equity RatioN/A

Current RatioN/A

Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book ValueN/A

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A

Net IncomeN/A

Net MarginsN/A

Return on EquityN/A

Return on AssetsN/A

Miscellaneous

Employees50

Outstanding Shares62,928,000

Market Cap$42.16 million

Next Earnings DateN/A

OptionableOptionable

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Reed's (NYSEAMERICAN:REED) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of Reed's?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reed's in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Reed's.

How were Reed's' earnings last quarter?

Reed's, Inc. (NYSEAMERICAN:REED) posted its earnings results on Monday, May, 11th. The consumer goods maker reported ($0.05) earnings per share for the quarter, meeting the Zacks' consensus estimate of ($0.05). The consumer goods maker earned $9.52 million during the quarter, compared to the consensus estimate of $8.82 million. View Reed's' earnings history.

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

Reed's updated its first quarter 2020 After-Hours earnings guidance on Thursday, April, 16th. The company provided EPS guidance of for the period. The company issued revenue guidance of $8.8-9 million, compared to the consensus revenue estimate of $8.48 million.

What price target have analysts set for REED?

2 Wall Street analysts have issued 1 year price objectives for Reed's' stock. Their forecasts range from $2.00 to $2.50. On average, they expect Reed's' share price to reach $2.25 in the next year. This suggests a possible upside of 235.8% from the stock's current price. View analysts' price targets for Reed's.

Has Reed's been receiving favorable news coverage?

Media stories about REED stock have been trending very negative on Saturday, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Reed's earned a news sentiment score of -3.5 on InfoTrie's scale. They also gave media coverage about the consumer goods maker a news buzz of 9.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the next few days. View the latest news aboutReed's.

Who are some of Reed's' key competitors?

Some companies that are related to Reed's include Alkaline Water (WTER), Refresh Group (RGP), Eneco Refresh (ERG), Global Gardens Group (VGM), Arca Continental SAB de CV (EMBVF), Britvic (BTVCF), Coca Cola Femsa (COCSF), DNA Brands (DNAX), Fevertree Drinks (FQVTF), Minerco (MINE), Pulse Beverage (PLSB), Uplift Nutrition (UPNT) and Zijin Mining Group (UPCHY). View all competitors.

What other stocks do shareholders of Reed's own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Reed's investors own include Amplify Energy (AMPY), Amplify Energy (AMPY), Great Panther Mining (GPL), Pennsylvania R.E.I.T. (PEI), Seanergy Maritime (SHIP), AEterna Zentaris (AEZS), Polarityte (PTE), TransAtlantic Petroleum (TAT), Titan Pharmaceuticals (TTNP) and Chesapeake Energy (CHK).

Who are Reed's' key executives?

Reed's' management team includes the following 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)

What is Reed's' stock symbol?

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

Who are Reed's' major shareholders?

Reed's' stock is owned by many different institutional and retail investors. Top institutional investors include Handelsbanken Fonder AB (7.14%), Essex Investment Management Co. LLC (1.80%), BlackRock Inc. (0.74%), Shepherd Kaplan Krochuk LLC (0.24%) and Trillium Asset Management LLC (0.14%). 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 major 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, and Shepherd Kaplan Krochuk 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 activity for Reed's.

Which major investors are buying Reed's stock?

REED stock was purchased by a variety of institutional investors in the last quarter, including Trillium Asset Management LLC, Handelsbanken Fonder AB, and BlackRock Inc.. 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, Scott R Grossman, and Snyder Iris. View insider buying and selling activity 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 $0.67.

How big of a company is Reed's?

Reed's has a market capitalization of $42.16 million. Reed's employs 50 workers across the globe.

What is Reed's' official website?

The official website for Reed's is 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.

This page was last updated on 5/30/2020 by MarketBeat.com Staff