Reading International Stock Buy Hold or Sell Recommendation
| RDI Stock | USD 1.25 0.02 1.57% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Reading International is 'Strong Sell'. The recommendation algorithm takes into account all of Reading International's available fundamental, technical, and predictive indicators you will find on this site.
Check out Reading International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Reading Stock please use our How to Invest in Reading International guide. In addition, we conduct extensive research on individual companies such as Reading and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards Reading International. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
Reading |
Execute Reading International Buy or Sell Advice
The Reading recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Reading International. Macroaxis does not own or have any residual interests in Reading International or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Reading International's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
Reading International Trading Alerts and Improvement Suggestions
| Reading International generated a negative expected return over the last 90 days | |
| Reading International may become a speculative penny stock | |
| Reading International has high historical volatility and very poor performance | |
| Reading International has 418.77 M in debt with debt to equity (D/E) ratio of 5.62, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Reading International has a current ratio of 0.48, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Reading to invest in growth at high rates of return. | |
| The entity reported the last year's revenue of 222.74 M. Reported Net Loss for the year was (30.67 M) with profit before taxes, overhead, and interest of 6.05 M. | |
| Reading International has about 51.39 M in cash with (10.6 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 2.33, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
| Reading International has a frail financial position based on the latest SEC disclosures | |
| Roughly 20.0% of Reading International outstanding shares are owned by corporate insiders | |
| Latest headline from gurufocus.com: Reading International Inc Q3 2024 Earnings Call Highlights Record Cinema Revenues Amidst ... |
Reading International Returns Distribution Density
The distribution of Reading International's historical returns is an attempt to chart the uncertainty of Reading International's future price movements. The chart of the probability distribution of Reading International daily returns describes the distribution of returns around its average expected value. We use Reading International price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Reading International returns is essential to provide solid investment advice for Reading International.
| Mean Return | -0.38 | Value At Risk | -6.67 | Potential Upside | 5.99 | Standard Deviation | 4.16 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Reading International historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Reading Stock Institutional Investors
| Shares | Blackrock Inc | 2024-06-30 | 86.8 K | Gabelli Funds Llc | 2024-09-30 | 52.5 K | Northern Trust Corp | 2024-09-30 | 48.3 K | Keller Group Invmt Management Inc | 2024-06-30 | 45.7 K | Susquehanna International Group, Llp | 2024-06-30 | 44.4 K | State Street Corp | 2024-06-30 | 44.1 K | Elkhorn Partners Limited Partnership | 2024-09-30 | 42.5 K | Logan Stone Capital, Llc | 2024-06-30 | 26.6 K | Citadel Advisors Llc | 2024-06-30 | 22.1 K | Nantahala Capital Management, Llc | 2024-06-30 | 6.5 M | Krilogy Advisors Llc | 2024-09-30 | 2.1 M |
Reading International Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (992K) | 14.7M | 61.7M | (53.6M) | (19.5M) | (18.6M) | |
| Free Cash Flow | (21.1M) | (48.7M) | (29.1M) | (35.7M) | (15.1M) | (15.8M) | |
| Depreciation | 23.7M | 23.4M | 24.1M | 22.6M | 37.5M | 39.3M | |
| Other Non Cash Items | 20.3M | 21.8M | (72.0M) | 20.3M | (18.6M) | (17.7M) | |
| Capital Expenditures | 45.7M | 18.5M | 15.6M | 9.4M | 4.5M | 4.2M | |
| Net Income | (26.5M) | (65.9M) | 34.8M | (36.7M) | (30.7M) | (29.1M) | |
| End Period Cash Flow | 12.1M | 26.8M | 88.6M | 35.0M | 15.4M | 14.7M | |
| Change To Netincome | (524K) | 24.7M | (18.3M) | (91.4M) | (82.3M) | (78.2M) | |
| Investments | (51.9M) | (245K) | 129.6M | (9.5M) | (2.7M) | (2.8M) | |
| Net Borrowings | 35.3M | 37.6M | 60.3M | (44.8M) | (51.5M) | (48.9M) | |
| Change Receivables | (3.1M) | 2.9M | 704K | (2.8M) | (2.5M) | (2.4M) |
Reading International Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Reading International or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Reading International's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Reading stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.45 | |
β | Beta against Dow Jones | 0.59 | |
σ | Overall volatility | 4.16 | |
Ir | Information ratio | -0.12 |
Reading International Volatility Alert
Reading International exhibits very low volatility with skewness of -0.88 and kurtosis of 4.21. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Reading International's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Reading International's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Reading International Fundamentals Vs Peers
Comparing Reading International's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Reading International's direct or indirect competition across all of the common fundamentals between Reading International and the related equities. This way, we can detect undervalued stocks with similar characteristics as Reading International or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Reading International's fundamental indicators could also be used in its relative valuation, which is a method of valuing Reading International by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Reading International to competition |
| Fundamentals | Reading International | Peer Average |
| Return On Equity | -1.4 | -0.31 |
| Return On Asset | -0.0213 | -0.14 |
| Profit Margin | (0.19) % | (1.27) % |
| Operating Margin | (0.09) % | (5.51) % |
| Current Valuation | 439.13 M | 16.62 B |
| Shares Outstanding | 20.75 M | 571.82 M |
| Shares Owned By Insiders | 19.67 % | 10.09 % |
| Shares Owned By Institutions | 49.67 % | 39.21 % |
| Number Of Shares Shorted | 131.3 K | 4.71 M |
| Price To Earning | 7.14 X | 28.72 X |
| Price To Book | 5.42 X | 9.51 X |
| Price To Sales | 0.20 X | 11.42 X |
| Revenue | 222.74 M | 9.43 B |
| Gross Profit | 6.05 M | 27.38 B |
| EBITDA | 9.12 M | 3.9 B |
| Net Income | (30.67 M) | 570.98 M |
| Cash And Equivalents | 51.39 M | 2.7 B |
| Cash Per Share | 2.33 X | 5.01 X |
| Total Debt | 418.77 M | 5.32 B |
| Debt To Equity | 5.62 % | 48.70 % |
| Current Ratio | 0.49 X | 2.16 X |
| Book Value Per Share | 1.48 X | 1.93 K |
| Cash Flow From Operations | (10.6 M) | 971.22 M |
| Short Ratio | 5.45 X | 4.00 X |
| Earnings Per Share | (1.88) X | 3.12 X |
| Target Price | 1.75 | |
| Number Of Employees | 2.02 K | 18.84 K |
| Beta | 1.62 | -0.15 |
| Market Capitalization | 39.9 M | 19.03 B |
| Total Asset | 533.05 M | 29.47 B |
| Retained Earnings | (79.49 M) | 9.33 B |
| Working Capital | (88.37 M) | 1.48 B |
| Current Asset | 36.92 M | 9.34 B |
Note: Acquisition by Ellen Cotter of 28882 shares of Reading International subject to Rule 16b-3 [view details]
Reading International Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Reading . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Reading International Buy or Sell Advice
When is the right time to buy or sell Reading International? Buying financial instruments such as Reading Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
Use Investing Ideas to Build Portfolios
In addition to having Reading International in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Heavy Metals
Companies involved in mining, production, and distribution of various industrial metals and minerals. The Heavy Metals theme has 37 constituents at this time.
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Check out Reading International Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For more detail on how to invest in Reading Stock please use our How to Invest in Reading International guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Reading International. If investors know Reading will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Reading International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.29) | Earnings Share (1.88) | Revenue Per Share 9.128 | Quarterly Revenue Growth (0.28) | Return On Assets (0.02) |
The market value of Reading International is measured differently than its book value, which is the value of Reading that is recorded on the company's balance sheet. Investors also form their own opinion of Reading International's value that differs from its market value or its book value, called intrinsic value, which is Reading International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Reading International's market value can be influenced by many factors that don't directly affect Reading International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reading International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Reading International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reading International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.