Loading...

Reed's

Nasdaq:REED
Snowflake Description

Mediocre balance sheet with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
REED
Nasdaq
$113M
Market Cap
  1. Home
  2. US
  3. Food, Beverage & Tobacco
Company 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. The last earnings update was 68 days ago. More info.


Add to Portfolio Compare Print
REED Share Price and Events
7 Day Returns
-0.9%
NasdaqCM:REED
-1.7%
US Beverage
-1.2%
US Market
1 Year Returns
21.8%
NasdaqCM:REED
8.6%
US Beverage
3.4%
US Market
REED Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Reed's (REED) -0.9% -6.9% -2% 21.8% 25.5% -34.1%
US Beverage -1.7% -0.5% 4.9% 8.6% 12.7% 36.3%
US Market -1.2% 1.2% 1.7% 3.4% 35.5% 41.6%
1 Year Return vs Industry and Market
  • REED outperformed the Beverage industry which returned 8.6% over the past year.
  • REED outperformed the Market in United States of America which returned 3.4% over the past year.
Price Volatility
REED
Industry
5yr Volatility vs Market

Value

 Is Reed's undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Reed's. This is due to cash flow or dividend data being unavailable. The share price is $3.35.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Reed's's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Reed's's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:REED PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $-0.45
NasdaqCM:REED Share Price ** NasdaqCM (2019-07-19) in USD $3.35
United States of America Beverage Industry PE Ratio Median Figure of 16 Publicly-Listed Beverage Companies 30.78x
United States of America Market PE Ratio Median Figure of 3,080 Publicly-Listed Companies 17.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Reed's.

NasdaqCM:REED PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:REED Share Price ÷ EPS (both in USD)

= 3.35 ÷ -0.45

-7.38x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Reed's is loss making, we can't compare its value to the US Beverage industry average.
  • Reed's is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Reed's's expected growth come at a high price?
Raw Data
NasdaqCM:REED PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.38x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
20%per year
United States of America Beverage Industry PEG Ratio Median Figure of 13 Publicly-Listed Beverage Companies 2.42x
United States of America Market PEG Ratio Median Figure of 2,119 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Reed's, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Reed's's assets?
Raw Data
NasdaqCM:REED PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.16
NasdaqCM:REED Share Price * NasdaqCM (2019-07-19) in USD $3.35
United States of America Beverage Industry PB Ratio Median Figure of 29 Publicly-Listed Beverage Companies 5.83x
United States of America Market PB Ratio Median Figure of 5,245 Publicly-Listed Companies 1.79x
NasdaqCM:REED PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:REED Share Price ÷ Book Value per Share (both in USD)

= 3.35 ÷ 0.16

20.72x

* Primary Listing of Reed's.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Reed's is overvalued based on assets compared to the US Beverage industry average.
X
Value checks
We assess Reed's's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Beverage industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Beverage industry average (and greater than 0)? (1 check)
  5. Reed's has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Reed's expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
20%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Reed's expected to grow at an attractive rate?
  • Unable to compare Reed's's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Reed's's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • Reed's's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:REED Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:REED Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 20%
NasdaqCM:REED Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 19%
United States of America Beverage Industry Earnings Growth Rate Market Cap Weighted Average 7.2%
United States of America Beverage Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.9%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:REED Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:REED Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 52 -10 -9 3
2019-12-31 43 -17 -12 3
NasdaqCM:REED Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 38 -13 -12
2018-12-31 38 -9 -10
2018-09-30 38 -9 -19
2018-06-30 38 -11 -22
2018-03-31 38 -9 -18
2017-12-31 38 -3 -18
2017-09-30 37 -6 -10
2017-06-30 39 -2 -5
2017-03-31 41 -1 -5
2016-12-31 42 -3 -5
2016-09-30 46 -1 -3
2016-06-30 44 -4 -5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Reed's is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Reed's's revenue is expected to grow by 19% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:REED Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from Reed's Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:REED Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 -0.28 -0.25 -0.31 3.00
2019-12-31 -0.39 -0.39 -0.40 3.00
NasdaqCM:REED Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 -0.45
2018-12-31 -0.41
2018-09-30 -0.81
2018-06-30 -1.06
2018-03-31 -1.03
2017-12-31 -1.24
2017-09-30 -0.69
2017-06-30 -0.32
2017-03-31 -0.39
2016-12-31 -0.37
2016-09-30 -0.23
2016-06-30 -0.41

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Reed's will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Reed's's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Reed's has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Reed's performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Reed's's growth in the last year to its industry (Beverage).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Reed's does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Reed's's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Reed's's 1-year growth to the US Beverage industry average as it is not currently profitable.
Earnings and Revenue History
Reed's's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Reed's Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:REED Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 38.26 -11.98 19.62
2018-12-31 38.10 -10.33 17.82
2018-09-30 38.14 -18.59 17.34
2018-06-30 38.23 -21.53 15.92
2018-03-31 37.71 -18.00 13.48
2017-12-31 37.71 -18.38 12.72
2017-09-30 37.19 -9.88 11.30
2017-06-30 38.64 -4.51 10.94
2017-03-31 40.76 -5.43 11.10
2016-12-31 42.47 -5.01 11.56
2016-09-30 45.71 -3.13 12.01
2016-06-30 44.09 -5.35 12.92
2016-03-31 45.28 -5.28 14.15
2015-12-31 45.95 -3.97 14.34
2015-09-30 44.53 -4.65 14.32
2015-06-30 46.14 -2.13 14.37
2015-03-31 45.14 -0.81 13.07
2014-12-31 43.42 -0.76 12.73
2014-09-30 42.02 -0.20 12.57
2014-06-30 39.77 -0.21 11.89
2014-03-31 38.11 -1.34 11.82
2013-12-31 37.28 -1.53 11.66
2013-09-30 35.47 -1.74 11.27
2013-06-30 33.28 -1.76 10.58
2013-03-31 31.59 -0.84 9.84
2012-12-31 30.01 -0.57 9.01
2012-09-30 29.54 -0.05 8.16

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Reed's has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Reed's has efficiently used its assets last year compared to the US Beverage industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Reed's improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Reed's's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Beverage industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Reed's has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Reed's's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Reed's's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Reed's is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Reed's's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Reed's's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Reed's Company Filings, last reported 3 months ago.

NasdaqCM:REED Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 5.51 7.05 2.65
2018-12-31 -6.74 11.14 0.62
2018-09-30 -4.82 12.82 0.19
2018-06-30 -2.73 14.16 1.81
2018-03-31 -0.83 10.24 3.38
2017-12-31 0.51 14.22 12.13
2017-09-30 -3.64 13.31 0.35
2017-06-30 -3.18 12.69 0.25
2017-03-31 -3.51 10.94 0.20
2016-12-31 -1.66 11.26 0.45
2016-09-30 0.97 10.84 1.95
2016-06-30 1.08 11.72 0.97
2016-03-31 -0.58 9.38 0.65
2015-12-31 0.79 9.19 1.82
2015-09-30 1.02 9.16 1.20
2015-06-30 3.28 7.52 0.22
2015-03-31 3.62 6.85 1.22
2014-12-31 3.65 5.18 0.96
2014-09-30 4.20 4.68 1.71
2014-06-30 4.05 4.55 1.21
2014-03-31 3.29 5.20 1.10
2013-12-31 3.39 5.17 1.10
2013-09-30 3.68 5.00 1.05
2013-06-30 3.49 4.78 0.82
2013-03-31 3.92 4.20 0.73
2012-12-31 4.10 3.60 1.16
2012-09-30 4.90 4.19 1.43
  • Reed's's level of debt (127.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (230.5% vs 127.8% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Reed's has less than a year of cash runway based on current free cash flow.
  • Reed's has less than a year of cash runway if free cash flow continues to grow at historical rates of 63.8% each year.
X
Financial health checks
We assess Reed's's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Reed's has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Reed's's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Reed's dividends.
If you bought $2,000 of Reed's shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Reed's's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Reed's's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:REED Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
United States of America Beverage Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2016 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:REED Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2020-12-31
2019-12-31

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Reed's has not reported any payouts.
  • Unable to verify if Reed's's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Reed's's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Reed's has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Reed's's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Reed's afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Reed's has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Reed's's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Val Stalowir
COMPENSATION $2,485,490
AGE 56
TENURE AS CEO 2.1 years
CEO Bio

Mr. Valentin M. Stalowir, also known as Val, has been the Chief Executive Officer of Reed's, Inc. since June 28, 2017. Previously, Mr. Stalowir was a Partner at Apta Capital LLC. Mr. Stalowir has over 25 years of experience driving accelerated growth and building brands in the food & beverage industry. He specializes in food, beverage and consumer products investments. Prior to joining Apta Capital, he was an Executive Partner at Emigrant Capital, where Mr. Stalowir was an active board member of the firm's food and beverage investments. He served as Chief Executive Officer of privately held International Harvest, Inc. Mr. Stalowir has extensive leadership experience in sales, marketing, new product development and operations. He has helped steer the growth and development of large global brands at Quaker Oats, Coca-Cola and Yum! Brands in addition to more emerging consumer brands that include Boylan Bottling, Detour Bar and Zola Acai. In 2011, Mr. Stalowir founded Global Restaurant Group, LLC and served as its Chief Executive Officer until September 2014. From 2002 to 2010, he was Chief Executive Officer of Preferred Brand Holdings, LLC. His career also includes leading brand expansion into international markets as well as private equity experience with a focus on the food and beverage sectors. He has a distinguished record of leading branded businesses through accelerated growth, market expansion and sustainable category leadership. Mr. Stalowir has led varied initiatives ranging from start-ups, acquisitions and joint ventures to business turnarounds and divestitures. From 1999 to 2001, he was the President and ran Tomra Systems North America. Previously, Mr. Stalowir worked at Coca-Cola Co. for five years as a General Manager, driving the aggressive expansion of its Eastern European business. At Coca-Cola, he also oversaw the investment of hundreds of millions of dollars in capital, the building of three production facilities and 20 distribution centers all of which drove retail sales in his region from $5 million to over $250 million and secured clear market leadership. Mr. Stalowir also held various senior marketing, brand management and new product development roles at The Quaker Oats Company, Cap'n Crunch, Rice-A-Roni and Near East Foods. He serves as the Chairman of the Board Boylan Bottling Co. and Forward Foods, LLC. Mr. Stalowir has been the Director of Reed's, Inc. since June 28, 2017. He has been a Director of The Jolt Company, Inc. since 2006. He serves as Director of Boylan's Bottling Company and Amazon Preservation Partners, Inc. Mr. Stalowir was the Vice Chairman of Latex Foam Int'l and has also served on several boards in connection with his Presidency of Tomra Systems North America. Mr. Stalowir holds an M.B.A. degree in Marketing and Finance from the University of Michigan in 1990 and a B.A. degree in Economics and Art History from the College of William and Mary in 1985.

CEO Compensation
  • Val's compensation has increased whilst company is loss making.
  • Val's remuneration is higher than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Reed's management team in years:

2.1
Average Tenure
58.5
Average Age
  • The tenure for the Reed's management team is about average.
Management Team

Val Stalowir

TITLE
CEO & Director
COMPENSATION
$2M
AGE
56
TENURE
2.1 yrs

Chris Reed

TITLE
Founder
COMPENSATION
$227K
AGE
61
TENURE
32.5 yrs

Iris Snyder

TITLE
Chief Financial Officer
COMPENSATION
$172K
AGE
44
TENURE
1 yrs

Stefan Freeman

TITLE
Chief Operating Officer
COMPENSATION
$351K
AGE
58
TENURE
2.1 yrs

Neal Cohane

TITLE
Senior Vice President of Sales
COMPENSATION
$213K
AGE
59
TENURE
11.3 yrs

Judy Reed

TITLE
Corporate Secretary
COMPENSATION
$4K
AGE
60
TENURE
22.8 yrs

Mark Costa

TITLE
Director of Operations
TENURE
4.2 yrs

Philip Trotman

TITLE
Director of Marketing
TENURE
1 yrs

Beth Brown

TITLE
Director of Supply Chain and Procurement
TENURE
1 yrs

Lindsay Martin

TITLE
Vice President of Marketing
Board of Directors Tenure

Average tenure and age of the Reed's board of directors in years:

2.1
Average Tenure
61
Average Age
  • The average tenure for the Reed's board of directors is less than 3 years, this suggests a new board.
Board of Directors

John Bello

TITLE
Chairman of the Board
COMPENSATION
$503K
AGE
72
TENURE
2.7 yrs

Val Stalowir

TITLE
CEO & Director
COMPENSATION
$2M
AGE
56
TENURE
2.1 yrs

Chris Reed

TITLE
Founder
COMPENSATION
$227K
AGE
61
TENURE
28.5 yrs

Lew Jaffe

TITLE
Director
COMPENSATION
$260K
AGE
62
TENURE
2.8 yrs

Scott Grossman

TITLE
Director
COMPENSATION
$180K
AGE
41
TENURE
1.8 yrs

Jim Bass

TITLE
Director
COMPENSATION
$180K
AGE
66
TENURE
1.8 yrs

Dan Doherty

TITLE
Director
COMPENSATION
$50K
AGE
55
TENURE
1.5 yrs
Who owns this company?
Recent Insider Trading
  • Reed's individual insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
18. Jul 19 Sell Judy Reed Individual 17. Jul 19 18. Jul 19 -2,522 $3.36 $-8,468
18. Jul 19 Sell Christopher Reed Individual 17. Jul 19 18. Jul 19 -2,522 $3.36 $-8,458
16. Jul 19 Sell Judy Reed Individual 15. Jul 19 16. Jul 19 -3,653 $3.36 $-12,174
16. Jul 19 Sell Christopher Reed Individual 15. Jul 19 16. Jul 19 -3,653 $3.36 $-12,174
12. Jul 19 Sell Judy Reed Individual 11. Jul 19 12. Jul 19 -6,589 $3.37 $-22,030
12. Jul 19 Sell Christopher Reed Individual 11. Jul 19 12. Jul 19 -6,590 $3.37 $-22,033
10. Jul 19 Sell Judy Reed Individual 09. Jul 19 10. Jul 19 -13,908 $3.45 $-47,126
10. Jul 19 Sell Christopher Reed Individual 09. Jul 19 10. Jul 19 -13,908 $3.45 $-47,126
09. Jul 19 Sell Judy Reed Individual 08. Jul 19 08. Jul 19 -2,212 $3.61 $-7,977
09. Jul 19 Sell Christopher Reed Individual 08. Jul 19 08. Jul 19 -2,212 $3.61 $-7,977
03. Jan 19 Sell Judy Reed Individual 31. Dec 18 31. Dec 18 -175,000 $2.00 $-350,000
05. Jun 19 Buy John Bello Individual 30. May 19 30. May 19 11,000 $3.20 $35,200
04. Jun 19 Buy Neal Cohane Individual 30. May 19 30. May 19 10,000 $3.20 $32,000
04. Jun 19 Sell Raptor Holdco GP LLC Company 31. May 19 31. May 19 -564,020 $3.40 $-1,917,668
03. Jun 19 Buy James Bass Individual 30. May 19 30. May 19 10,000 $3.20 $32,000
31. May 19 Sell Judy Reed Individual 30. May 19 30. May 19 -95,800 $3.20 $-306,560
31. May 19 Sell Christopher Reed Individual 30. May 19 30. May 19 -95,800 $3.20 $-306,560
01. Mar 19 Sell Judy Reed Individual 14. Feb 19 26. Feb 19 -110,500 $2.96 $-301,961
03. Jan 19 Buy John Bello Individual 02. Jan 19 02. Jan 19 50,000 $2.00 $100,000
03. Jan 19 Sell Christopher Reed Individual 31. Dec 18 31. Dec 18 -175,000 $2.00 $-350,000
13. Dec 18 Buy John Bello Individual 12. Dec 18 12. Dec 18 10,000 $2.41 $23,731
10. Dec 18 Buy John Bello Individual 06. Dec 18 10. Dec 18 21,461 $2.50 $52,235
19. Dec 18 Sell Judy Reed Individual 03. Dec 18 03. Dec 18 -2,500 $2.44 $-6,093
19. Dec 18 Sell Christopher Reed Individual 03. Dec 18 03. Dec 18 -2,500 $2.44 $-6,093
24. Aug 18 Sell Raptor Holdco GP LLC Company 22. Aug 18 22. Aug 18 -400,000 $2.50 $-1,000,000
22. Aug 18 Buy John Bello Individual 20. Aug 18 22. Aug 18 414,477 $2.50 $1,033,993
20. Aug 18 Buy James Bass Individual 15. Aug 18 16. Aug 18 3,000 $2.60 $7,786
X
Management checks
We assess Reed's's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Reed's has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Does Reed's, Inc. (NASDAQ:REED) Have A High Beta?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

Simply Wall St -

Should Reed's (NASDAQ:REED) Be Disappointed With Their 45% Profit?

In the last 3 years Reed's saw its revenue shrink by 6.7% per year. … The revenue growth might be lacking but the share price has gained 13% each year in that time. … Reed's is not the only stock that insiders are buying.

Simply Wall St -

Reed's, Inc. (NASDAQ:REED): Time For A Financial Health Check

REED’s Debt (And Cash Flows) REED's debt levels have fallen from US$12m to US$7.9m over the last 12 months , which includes long-term debt. … Looking at REED’s US$8.2m in current liabilities, it seems that the business has maintained a safe level of current assets to meet its obligations, with the current ratio last standing at 2.11x. … Next Steps: REED’s high cash coverage means that, although its debt levels are high, the company is able to utilise its borrowings efficiently in order to generate cash flow.

Simply Wall St -

Company Info

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.

Details
Name: Reed's, Inc.
REED
Exchange: NasdaqCM
Founded: 1987
$112,763,854
33,660,852
Website: http://www.drinkreeds.com
Address: Reed's, Inc.
201 Merritt 7 Corporate Park,
Norwalk,
Connecticut, 06851,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM REED Common Stock Nasdaq Capital Market US USD 29. Dec 2006
Number of employees
Current staff
Staff numbers
50
Reed's employees.
Industry
Soft Drinks
Food, Beverage & Tobacco
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/21 00:20
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2019/07/09
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.