Reed's, Inc. (REED)
Reed's has a market cap or net worth of $8.21 million. The enterprise value is $34.26 million.
The last earnings date was Thursday, August 10, 2023, after market close.
|Earnings Date||Aug 10, 2023|
Reed's has 4.17 million shares outstanding. The number of shares has increased by 84.94% in one year.
|Shares Change (YoY)||+84.94%|
|Shares Change (QoQ)||+31.12%|
|Owned by Insiders (%)||62.17%|
|Owned by Institutions (%)||25.50%|
|EV / Earnings||n/a|
|EV / Sales||0.71|
|EV / EBITDA||n/a|
|EV / EBIT||n/a|
|EV / FCF||n/a|
The company has a current ratio of 0.85
|Debt / Equity||n/a|
|Debt / EBITDA||n/a|
|Debt / FCF||n/a|
|Return on Equity (ROE)||n/a|
|Return on Assets (ROA)||-67.27%|
|Return on Capital (ROIC)||-51.02%|
|Revenue Per Employee||$2.18M|
|Profits Per Employee||-$754,864|
In the past 12 months, Reed's has paid $1.72 million in taxes.
|Effective Tax Rate||n/a|
Stock Price Statistics
The stock price has decreased by -99.25% in the last 52 weeks. The beta is 1.42, so Reed's's price volatility has been higher than the market average.
|52-Week Price Change||-99.25%|
|50-Day Moving Average||2.92|
|200-Day Moving Average||3.06|
|Relative Strength Index (RSI)||34.00|
|Average Volume (30 Days)||2,669|
Short Selling Information
The latest short interest is 107,676, so 2.58% of the outstanding shares have been sold short.
|Short Previous Month||4.57M|
|Short % of Shares Out||2.58%|
|Short % of Float||5.40%|
|Short Ratio (days to cover)||2.80|
In the last 12 months, Reed's had revenue of $48.06 million and -$16.61 million in losses. Loss per share was -$6.21.
|Loss Per Share||-$6.21|
The company has $1.00 million in cash and $27.06 million in debt, giving a net cash position of -$26.05 million or -$6.25 per share.
|Cash & Cash Equivalents||1.00M|
|Net Cash Per Share||-$6.25|
|Equity / Book Value||-12.76M|
|Book Value Per Share||-3.06|
In the last 12 months, operating cash flow was -$3.01 million and capital expenditures -$84,000, giving a free cash flow of -$3.09 million.
|Operating Cash Flow||-3.01M|
|Free Cash Flow||-3.09M|
|FCF Per Share||-$0.74|
Gross margin is 26.40%, with operating and profit margins of -15.18% and -34.56%.
Dividends & Yields
Reed's does not appear to pay any dividends at this time.
|Dividend Per Share||n/a|
|Dividend Growth (YoY)||n/a|
The average price target for Reed's is $7.00, which is 255.33% higher than the current price. The consensus rating is "Strong Buy".
|Price Target Difference||255.33%|
|Analyst Consensus||Strong Buy|
|Revenue Growth Forecast (5Y)||n/a|
|EPS Growth Forecast (5Y)||n/a|
The last stock split was on January 27, 2023. It was a reverse split with a ratio of 1:50.
|Last Split Date||Jan 27, 2023|
Reed's has an Altman Z-Score of -6.6 and a Piotroski F-Score of 3. A Z-score under 3 suggests an increased risk of bankruptcy.