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.
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Industry, Sector and Symbol
Industry Beverages - Soft Drinks
Sub-IndustryN/A
SectorConsumer Defensive
Phone+1-310-2179400
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees50
Next Earnings DateN/A
OptionableOptionable
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) issued its quarterly earnings results on Tuesday, May, 14th. The consumer goods maker reported ($0.11) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.08) by $0.03. The consumer goods maker had revenue of $8.45 million for the quarter, compared to the consensus estimate of $8.14 million. View Reed's' Earnings History.
What guidance has Reed's issued on next quarter's earnings?
Reed's updated its FY 2019 earnings guidance on Tuesday, May, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $42-44 million, compared to the consensus revenue estimate of $42.26 million.
What price target have analysts set for REED?
4 Wall Street analysts have issued 12-month price targets for Reed's' stock. Their forecasts range from $4.00 to $6.00. On average, they expect Reed's' share price to reach $5.0625 in the next twelve months. This suggests a possible upside of 37.6% 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. " (5/18/2019)
- 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?
News articles about REED stock have been trending somewhat positive on Wednesday, InfoTrie reports. InfoTrie scores the sentiment of media coverage by reviewing more than six thousand blog and news sources in real-time. 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 daily sentiment score of 1.3 on InfoTrie's scale. They also assigned news coverage about the consumer goods maker a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View News Stories for Reed's.
Are investors shorting Reed's?
Reed's saw a decline in short interest in April. As of April 30th, there was short interest totalling 550,766 shares, a decline of 11.9% from the April 15th total of 625,432 shares. Based on an average daily trading volume, of 149,473 shares, the short-interest ratio is currently 3.7 days. Approximately 2.6% of the company's stock are short sold. View Reed's' Current Options Chain.
Who are some of Reed's' key competitors?
Some companies that are related to Reed's include 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), Lassonde Industries (LAS.A), Minerco (MINE), Pulse Beverage (PLSB) and Uplift Nutrition (UPNT).
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 a variety of of institutional and retail investors. Top institutional shareholders include Royce & Associates LP (0.50%), First Manhattan Co. (0.10%), Sigma Planning Corp (0.09%), Handelsbanken Fonder AB (0.09%), MYDA Advisors LLC (0.07%) and Virtu Financial LLC (0.06%). Company insiders that own Reed's stock include Christopher J Reed, James C Bass, John Bello and Raptor/Harbor Reeds Spv Llc. 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 Sigma Planning Corp. 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 major investors are buying Reed's stock?
REED stock was acquired by a variety of institutional investors in the last quarter, including Royce & Associates LP, First Manhattan Co., Handelsbanken Fonder AB, MYDA Advisors LLC and Virtu Financial LLC. Company insiders that have bought Reed's stock in the last two years include James C Bass, John Bello and Raptor/Harbor Reeds Spv Llc. 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, Scottrade, Fidelity and Charles Schwab.
What is Reed's' stock price today?
One share of REED stock can currently be purchased for approximately $3.68.
How big of a company is Reed's?
What is Reed's' official website?
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)
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.
