Logo image of REED

REED'S INC (REED) Stock Price, Forecast & Analysis

USA - Nasdaq - NASDAQ:REED - US7583383051 - Common Stock

3.24 USD
-0.19 (-5.54%)
Last: 2/15/2023, 8:19:32 PM
3.37 USD
+0.13 (+4.01%)
After Hours: 2/15/2023, 8:19:32 PM

REED Key Statistics, Chart & Performance

Key Statistics
Market Cap8.17M
Revenue(TTM)50.78M
Net Income(TTM)-18.16M
Shares2.52M
Float2.27M
52 Week High21.5
52 Week Low2.41
Yearly DividendN/A
Dividend YieldN/A
EPS(TTM)-6.55
PEN/A
Fwd PEN/A
Earnings (Next)03-29 2023-03-29/amc
IPO2006-12-29
Sector
GICS SectorConsumer Staples
GICS IndustryBeverages
GICS IndustryGroupFood, Beverage & Tobacco


REED short term performance overview.The bars show the price performance of REED in the last week, last 2 weeks, last month, last 3 and 6 months. 1 week 2 week 1 month 3 months 6 months -20 -40 -60

REED long term performance overview.The bars show the price performance of REED in the last 1, 2 and 3 years. 1 year 2 years 3 years -20 -40 -60

The current stock price of REED is 3.24 USD. In the past month the price decreased by -28%. In the past year, price decreased by -76%.

REED'S INC / REED Daily stock chart

REED Latest News, Press Relases and Analysis

REED Competitors/Peers

The largest stocks on the US markets in the "Soft Drinks & Non-alcoholic Beverages" sub-industry
Full List
Symbol
Company Name
TA
FA
PE
Market Cap
KO COCA-COLA CO/THE 24.56 313.95B
PEP PEPSICO INC 18.64 200.08B
MNST MONSTER BEVERAGE CORP 37.52 70.34B
KDP KEURIG DR PEPPER INC 13.67 37.68B
COKE COCA-COLA CONSOLIDATED INC 2.16 14.03B
CELH CELSIUS HOLDINGS INC 40.61 10.06B
PRMB PRIMO BRANDS CORP 12.65 5.62B
FIZZ NATIONAL BEVERAGE CORP 17.23 3.21B
COCO VITA COCO CO INC/THE 42.02 2.75B
ZVIA ZEVIA PBC-A N/A 200.12M

About REED

Company Profile

REED logo image Reed's Inc is a US-based company operating in Beverages industry. The company is headquartered in Norwalk, Connecticut and currently employs 31 full-time employees. The company went IPO on 2006-12-29. Reed's Inc. owns a portfolio of handcrafted, all-natural beverages, which sells in approximately 45,000 outlets nationwide. These outlets include the natural and specialty food channel, grocery stores, mass merchants, drug stores, convenience stores, club stores and on-premises locations, including bars and restaurants. The Company’s brands include Reeds Craft Ginger Beer and Reed’s Real Ginger Ale, and Virgil’s Handcrafted soda. The firm's products include Reeds Original Ginger Beer, Reeds Premium Ginger Beer, Reeds Extra Ginger Beer, Reeds Strongest Ginger Beer, Reeds Zero Sugar Extra Ginger Beer, Reeds Real Ginger Ale, Reeds Zero Sugar Real Ginger Ale, Reeds Zero Sugar Classic Mule, Reeds Wellness Ginger Shots, as well as Virgil’s Handcrafted Sodas includes Handcrafted Line and Zero Sugar Line. Reeds Craft Ginger Beers consists of fresh ginger root combined with a Jamaican inspired recipe of natural spices, honey and fruit juices.

Company Info

REED'S INC

201 Merritt 7 Corporate Park,

Norwalk CONNECTICUT 06851 US

CEO: Norman E. Snyder

Employees: 31

REED Company Website

Phone: 18009973337.0

REED'S INC / REED FAQ

What does REED do?

Reed's Inc is a US-based company operating in Beverages industry. The company is headquartered in Norwalk, Connecticut and currently employs 31 full-time employees. The company went IPO on 2006-12-29. Reed's Inc. owns a portfolio of handcrafted, all-natural beverages, which sells in approximately 45,000 outlets nationwide. These outlets include the natural and specialty food channel, grocery stores, mass merchants, drug stores, convenience stores, club stores and on-premises locations, including bars and restaurants. The Company’s brands include Reeds Craft Ginger Beer and Reed’s Real Ginger Ale, and Virgil’s Handcrafted soda. The firm's products include Reeds Original Ginger Beer, Reeds Premium Ginger Beer, Reeds Extra Ginger Beer, Reeds Strongest Ginger Beer, Reeds Zero Sugar Extra Ginger Beer, Reeds Real Ginger Ale, Reeds Zero Sugar Real Ginger Ale, Reeds Zero Sugar Classic Mule, Reeds Wellness Ginger Shots, as well as Virgil’s Handcrafted Sodas includes Handcrafted Line and Zero Sugar Line. Reeds Craft Ginger Beers consists of fresh ginger root combined with a Jamaican inspired recipe of natural spices, honey and fruit juices.


What is the stock price of REED'S INC today?

The current stock price of REED is 3.24 USD. The price decreased by -5.54% in the last trading session.


Does REED'S INC pay dividends?

REED does not pay a dividend.


What is the ChartMill technical and fundamental rating of REED stock?

REED has a ChartMill Technical rating of 0 out of 10 and a ChartMill Fundamental rating of 2 out of 10.


What is the analyst forecast for REED stock?

8 analysts have analysed REED and the average price target is 0.77 USD. This implies a price decrease of -76.39% is expected in the next year compared to the current price of 3.24.


Should I buy REED stock?

This depends on your investment goals. Check the Technical and Fundamental Analysis tabs for insights on REED.


What is the employee count for REED stock?

REED'S INC (REED) currently has 31 employees.


REED Technical Analysis


Chartmill TA Rating
Chartmill Setup Rating

REED Fundamental Analysis

ChartMill assigns a fundamental rating of 2 / 10 to REED. REED has a bad profitability rating. Also its financial health evaluation is rather negative.


Chartmill FA Analysis
Valuation
Growth
Profitability
Health
Dividend

REED Financial Highlights

Over the last trailing twelve months REED reported a non-GAAP Earnings per Share(EPS) of -6.55. The EPS decreased by -3993.75% compared to the year before.


Industry RankSector Rank
PM (TTM) N/A
ROA N/A
ROE N/A
Debt/Equity N/A
Chartmill High Growth Momentum
EPS Q2Q%-3650%
Sales Q2Q%-9.76%
EPS 1Y (TTM)-3993.75%
Revenue 1Y (TTM)6.9%

REED Forecast & Estimates

8 analysts have analysed REED and the average price target is 0.77 USD. This implies a price decrease of -76.39% is expected in the next year compared to the current price of 3.24.

For the next year, analysts expect an EPS growth of 10% and a revenue growth 8.83% for REED


Analysts
Analysts80
Price Target0.77 (-76.23%)
EPS Next Y10%
Revenue Next Year8.83%

REED Ownership

Ownership
Inst OwnersN/A
Ins Owners426.61%
Short Float %N/A
Short Ratio0.01