Reddit Statistics
Total Valuation
Reddit has a market cap or net worth of $19.84 billion. The enterprise value is $18.12 billion.
Important Dates
The last earnings date was Tuesday, October 29, 2024, after market close.
Earnings Date | Oct 29, 2024 |
Ex-Dividend Date | n/a |
Share Statistics
Reddit has 175.58 million shares outstanding. The number of shares has increased by 86.53% in one year.
Shares Outstanding | 175.58M |
Shares Change (YoY) | +86.53% |
Shares Change (QoQ) | +17.00% |
Owned by Insiders (%) | 4.59% |
Owned by Institutions (%) | 34.56% |
Float | 76.43M |
Valuation Ratios
PE Ratio | n/a |
Forward PE | 279.10 |
PS Ratio | 11.71 |
Forward PS | 15.82 |
PB Ratio | 9.95 |
P/FCF Ratio | 189.59 |
PEG Ratio | n/a |
Financial Ratio History Enterprise Valuation
EV / Earnings | n/a |
EV / Sales | 16.15 |
EV / EBITDA | n/a |
EV / EBIT | n/a |
EV / FCF | 173.17 |
Financial Position
The company has a current ratio of 11.96, with a Debt / Equity ratio of 0.01.
Current Ratio | 11.96 |
Quick Ratio | 11.83 |
Debt / Equity | 0.01 |
Debt / EBITDA | n/a |
Debt / FCF | 0.26 |
Interest Coverage | n/a |
Financial Efficiency
Return on equity (ROE) is -31.80% and return on invested capital (ROIC) is -22.25%.
Return on Equity (ROE) | -31.80% |
Return on Assets (ROA) | -20.47% |
Return on Capital (ROIC) | -22.25% |
Revenue Per Employee | $557,500 |
Profits Per Employee | -$266,656 |
Employee Count | 2,013 |
Asset Turnover | 0.60 |
Inventory Turnover | n/a |
Taxes
In the past 12 months, Reddit has paid $1.06 million in taxes.
Income Tax | 1.06M |
Effective Tax Rate | n/a |
Stock Price Statistics
Beta (5Y) | n/a |
52-Week Price Change | n/a |
50-Day Moving Average | 70.12 |
200-Day Moving Average | n/a |
Relative Strength Index (RSI) | 79.05 |
Average Volume (20 Days) | 7,337,530 |
Short Selling Information
The latest short interest is 7.11 million, so 4.05% of the outstanding shares have been sold short.
Short Interest | 7.11M |
Short Previous Month | 5.23M |
Short % of Shares Out | 4.05% |
Short % of Float | 9.31% |
Short Ratio (days to cover) | 1.61 |
Income Statement
In the last 12 months, Reddit had revenue of $1.12 billion and -$536.78 million in losses. Loss per share was -$4.62.
Revenue | 1.12B |
Gross Profit | 1.00B |
Operating Income | -610.43M |
Pretax Income | n/a |
Net Income | -536.78M |
EBITDA | -595.19M |
EBIT | -610.43M |
Loss Per Share | -$4.62 |
Full Income Statement Balance Sheet
The company has $1.74 billion in cash and $26.97 million in debt, giving a net cash position of $1.72 billion or $9.78 per share.
Cash & Cash Equivalents | 1.74B |
Total Debt | 26.97M |
Net Cash | 1.72B |
Net Cash Per Share | $9.78 |
Equity (Book Value) | 1.98B |
Book Value Per Share | 11.36 |
Working Capital | 1.89B |
Full Balance Sheet Cash Flow
In the last 12 months, operating cash flow was $114.64 million and capital expenditures -$10.01 million, giving a free cash flow of $104.63 million.
Operating Cash Flow | 114.64M |
Capital Expenditures | -10.01M |
Free Cash Flow | 104.63M |
FCF Per Share | $0.60 |
Full Cash Flow Statement Margins
Gross margin is 89.25%, with operating and profit margins of -54.39% and -47.83%.
Gross Margin | 89.25% |
Operating Margin | -54.39% |
Pretax Margin | -47.74% |
Profit Margin | -47.83% |
EBITDA Margin | -53.04% |
EBIT Margin | -54.39% |
FCF Margin | n/a |
Dividends & Yields
Reddit does not appear to pay any dividends at this time.
Dividend Per Share | n/a |
Dividend Yield | n/a |
Dividend Growth (YoY) | n/a |
Years of Dividend Growth | n/a |
Payout Ratio | n/a |
Buyback Yield | -86.53% |
Shareholder Yield | -86.53% |
Earnings Yield | -2.71% |
FCF Yield | 0.53% |
Analyst Forecast
The average price target for Reddit is $91.00, which is -19.45% lower than the current price. The consensus rating is "Buy".
Price Target | $91.00 |
Price Target Difference | -19.45% |
Analyst Consensus | Buy |
Analyst Count | 19 |
Revenue Growth Forecast (5Y) | n/a |
EPS Growth Forecast (5Y) | n/a |
Stock Forecasts Stock Splits
This stock does not have any record of stock splits.
Last Split Date | n/a |
Split Type | n/a |
Split Ratio | n/a |
Scores
Reddit has an Altman Z-Score of 28.79 and a Piotroski F-Score of 5.
Altman Z-Score | 28.79 |
Piotroski F-Score | 5 |