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Reed's, Inc. (REED)

Stock Price: $1.35 USD 0.01 (0.75%)
Updated Aug 7, 2020 4:00 PM EDT - Market closed
After-hours: $1.39 +0.04 (2.96%) Aug 7, 7:06 PM

Stock Price Chart

Key Info

Market Cap 84.95M
Revenue (ttm) 34.89M
Net Income (ttm) -15.43M
Shares Out 62.93M
EPS (ttm) -0.39
PE Ratio n/a
Forward PE n/a
Dividend n/a
Dividend Yield n/a

Stock Quote

Trading Day Aug 7, 2020
Last Price $1.35
Previous Close $1.34
Change ($) 0.01
Change (%) 0.75%
Day's Open 1.33
Day's Range 1.29 - 1.38
Day's Volume 338,539
52-Week Range 0.36 - 3.14

More Stats

Market Cap 84.95M
Enterprise Value 95.30M
Earnings Date (est) Aug 10, 2020
Ex-Dividend Date n/a
Shares Outstanding 62.93M
Float 55.54M
EPS (basic) -0.4
EPS (diluted) -0.39
FCF / Share -0.25
Dividend n/a
Dividend Yield n/a
Earnings Yield n/a
FCF Yield n/a
Payout Ratio n/a
Shares Short 900,747
Short Ratio 0.97
Short % of Float 1.73%
Beta 1.71
PE Ratio n/a
Forward PE n/a
P/FCF Ratio n/a
PS Ratio 2.43
PB Ratio 42.47
Revenue 34.89M
Operating Income -14.23M
Net Income -15.43M
Free Cash Flow -12.03M
Net Cash -10.35M
Net Cash / Share -0.16
Gross Margin 22.57%
Operating Margin -40.77%
Profit Margin -44.20%
FCF Margin -34.49%
ROA -51.26%
ROE -635.03%
ROIC -99.30%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Summary

Analyst Ratings (2)

Buy 2
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$2.25*
(66.67% upside)
Low
2.00
Current: $1.35
High
2.50
Target: 2.25
*Average 12-month price target from 2 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue33.8238.1037.7142.4745.9543.4237.2830.0125.0120.38
Revenue Growth-11.24%1.03%-11.2%-7.57%5.82%16.47%24.24%19.97%22.76%-
Gross Profit7.8810.686.899.2411.6113.0110.799.147.416.06
Operating Income-14.86-8.12-11.75-2.80-2.730.28-0.870.14-0.25-0.72
Net Income-16.11-10.33-18.37-5.01-3.96-0.75-1.52-0.52-0.94-1.31
Shares Outstanding35.0625.3614.7813.6213.1513.0412.5411.3610.7910.19
Earnings Per Share-0.46-0.41-1.24-0.37-0.30-0.06-0.12-0.05-0.09-0.14
Operating Cash Flow-18.16-9.26-3.42-2.53-1.351.021.191.18-2.26-0.81
Capital Expenditures-0.280.94-0.81-0.41-0.53-0.33-0.60-0.51-0.36-0.38
Free Cash Flow-18.44-8.32-4.24-2.94-1.880.690.590.67-2.62-1.19
Cash & Equivalents0.910.6212.130.451.820.961.101.160.711.08
Total Debt8.6511.9916.1213.4311.447.427.616.066.354.62
Net Cash / Debt-7.74-11.37-3.99-12.98-9.62-6.47-6.51-4.90-5.64-3.53
Assets15.9912.4924.4818.8519.8517.1014.7513.8413.3611.88
Liabilities14.8519.2423.9720.5119.0713.4511.369.749.057.73
Book Value1.15-6.740.51-1.660.793.653.394.104.314.14
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name Reed's, Inc.
Country United States
Employees 28
CEO Norman E. Snyder

Stock Information

Ticker Symbol REED
Stock Exchange NASDAQ
Sector Consumer Defensive
Industry Beverages—Non-Alcoholic
Unique Identifier NASDAQ: REED

Description

Reed's, Inc. develops, manufactures, and sells natural hand-crafted beverages in the craft specialty foods industry in the United States, Canada, Asia, Europe, Australia, and South America. Its products include Reed's craft ginger beers; Virgil's craft sodas; and Virgil's zero sugar sodas. Reed's, Inc. sells its products to natural food and gourmet retailers, grocery store chains, mass merchants, club stores, convenience and drug stores, liquor stores, industrial cafeterias, and on-premise bars 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.