NYSEAMERICAN:REEDReed's Stock Price, Forecast & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Reed's in the last year. There are currently 1 hold rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Reed's.

Reed's, Inc. (NYSEAMERICAN:REED) issued its quarterly earnings data on Monday, May, 11th. The consumer goods maker reported ($0.05) EPS for the quarter, hitting analysts' consensus estimates of ($0.05). The consumer goods maker had revenue of $9.52 million for the quarter, compared to analyst estimates of $8.82 million. View Reed's' earnings history.

Reed's updated its first quarter 2020 After-Hours earnings guidance on Thursday, April, 16th. The company provided earnings per share (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.

3 brokers have issued twelve-month price objectives for Reed's' stock. Their forecasts range from $2.00 to $2.50. On average, they anticipate Reed's' stock price to reach $2.33 in the next year. This suggests a possible upside of 143.3% from the stock's current price. View analysts' price targets for Reed's.

News stories about REED stock have been trending negative on Sunday, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Reed's earned a coverage optimism score of -2.4 on InfoTrie's scale. They also gave news articles about the consumer goods maker a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Reed's.

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), Minerco (MINE), Pulse Beverage (PLSB), Uplift Nutrition (UPNT) and Zijin Mining Group (UPCHY). View all competitors.

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).

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

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.

One share of REED stock can currently be purchased for approximately $0.96.

Reed's has a market capitalization of $60.34 million. Reed's employs 50 workers across the globe.

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

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.