Reed's (REED) Stock Price, News & Analysis

Company Overview

Reed's, Inc. engages in the manufacture and distribution of natural beverages in the United States. The company offers Reed's craft ginger beer; Reed's real ginger ales; Reed's Classic Mules; Reed's Hard Ginger Ale; Reed's ready to drink products; and Virgil's handcrafted sodas. It 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, as well as directly to consumers through www.drinkreeds.com. 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.

Key Stats

• Today's Range: $0.62 to $0.96
• 50-Day Range: $0.72 to $1.39
• 52-Week Range: $0.51 to $2.42
• Volume: 15,823 shs
• Average Volume: 5,985 shs
• Market Capitalization: $3.01 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

REED Stock Analysis - Frequently Asked Questions

How have REED shares performed this year?

Reed's' stock was trading at $1.60 at the beginning of the year. Since then, REED shares have decreased by 55.2% and is now trading at $0.7174.
View the best growth stocks for 2024 here.

How were Reed's' earnings last quarter?

Reed's, Inc. (NYSE:REED) announced its earnings results on Thursday, June, 1st. The company reported ($1.70) EPS for the quarter, missing the consensus estimate of ($1.02) by $0.68. The company earned $11.16 million during the quarter, compared to analysts' expectations of $14.12 million.

How do I buy shares of Reed's?

Shares of REED stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Reed's own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Reed's investors own include Taiwan Semiconductor Manufacturing (TSM), Adobe (ADBE), Tenet Healthcare (THC), UroGen Pharma (URGN), Adverum Biotechnologies (ADVM), Advanced Micro Devices (AMD) and Arista Networks (ANET).

Company Calendar

• Last Earnings: 6/01/2023
• Today: 11/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Consumer Staples
• Industry: Bottled & canned soft drinks
• Sub-Industry: Candy & Soda
• Current Symbol: NYSE:REED
• CUSIP: N/A
• CIK: 1140215
• Web: drinkreeds.com
• Phone: (800) 997-3337
• Fax: 310-217-9411
• Employees: 30
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($4.06)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-15,520,000.00
• Net Margins: -39.16%
• Pretax Margin: -39.16%
• Return on Equity: N/A
• Return on Assets: -72.46%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.38
• Quick Ratio: 0.13

Sales & Book Value

• Annual Sales: $44.71 million
• Price / Sales: 0.07
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($5.27) per share
• Price / Book: -0.14

Miscellaneous

• Outstanding Shares: 4,190,000
• Free Float: 2,232,000
• Market Cap: $3.01 million
• Optionable: Not Optionable
• Beta: 1.10