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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.
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Reed

Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 0.0 5 -4 -3 -2 -1 -

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
Current SymbolNYSEAMERICAN:REED
CUSIPN/A
Phone+1-310-2179400

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A

Profitability

Miscellaneous

Employees50
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?

What other stocks do shareholders of Reed's own?

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

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