Reading International Stock Analysis
RDI Stock | USD 1.45 0.01 0.69% |
Reading International is undervalued with Real Value of 1.93 and Target Price of 3.5. The main objective of Reading International stock analysis is to determine its intrinsic value, which is an estimate of what Reading International is worth, separate from its market price. There are two main types of Reading International's stock analysis: fundamental analysis and technical analysis.
The Reading International stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Reading International's ongoing operational relationships across important fundamental and technical indicators.
Reading |
Reading Stock Analysis Notes
About 20.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 1.88. Reading International had not issued any dividends in recent years. The entity had 3:2 split on the 26th of April 1993. Reading International, Inc., together with its subsidiaries, focuses on the ownership, development, and operation of entertainment and real property assets in the United States, Australia, and New Zealand. Reading International, Inc. was incorporated in 1999 and is headquartered in New York, New York. Reading Intl operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. It employs 2025 people. To find out more about Reading International contact Ellen Cotter at 213 235 2240 or learn more at https://www.readingrdi.com.Reading International Quarterly Total Revenue |
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Reading International Investment Alerts
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 news.google.com: Reading International, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2024 - Marketscreener.com |
Reading International Upcoming and Recent Events
Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Reading International previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
1st of April 2024 Upcoming Quarterly Report | View | |
31st of December 2023 Next Fiscal Quarter End | View |
Reading Largest EPS Surprises
Earnings surprises can significantly impact Reading International's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2018-11-06 | 2018-09-30 | 0.05 | 0.06 | 0.01 | 20 | ||
2017-05-09 | 2017-03-31 | 0.11 | 0.13 | 0.02 | 18 | ||
2020-06-25 | 2020-03-31 | -0.24 | -0.27 | -0.03 | 12 |
Reading International Thematic Classifications
In addition to having Reading International stock in your portfolios, you can 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 favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
EntertainmentUSA Equities from Entertainment industry as classified by Fama & French |
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 | Nj State Employees Deferred Compnstin Pl | 2024-09-30 | 13.5 K | Nantahala Capital Management, Llc | 2024-09-30 | 3.2 M | Krilogy Advisors Llc | 2024-09-30 | 2.1 M |
Reading Market Capitalization
The company currently falls under 'Micro-Cap' category with a total capitalization of 40.65 M.Reading Profitablity
The company has Net Profit Margin of (0.19) %, which means that it does not effectively control expenditures or properly executes on its pricing strategies. This is way below average. In the same way, it shows Net Operating Margin of (0.09) %, which entails that for every $100 of revenue, it lost $0.09.Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.06) | (0.06) | |
Return On Capital Employed | (0.03) | (0.03) | |
Return On Assets | (0.06) | (0.06) | |
Return On Equity | (0.93) | (0.88) |
Management Efficiency
Reading International has Return on Asset of (0.0213) % which means that on every $100 spent on assets, it lost $0.0213. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (1.399) %, meaning that it generated no profit with money invested by stockholders. Reading International's management efficiency ratios could be used to measure how well Reading International manages its routine affairs as well as how well it operates its assets and liabilities. The current Return On Tangible Assets is estimated to decrease to -0.06. The current Return On Capital Employed is estimated to decrease to -0.03. As of now, Reading International's Intangibles To Total Assets are decreasing as compared to previous years.Last Reported | Projected for Next Year | ||
Book Value Per Share | 1.48 | 1.41 | |
Tangible Book Value Per Share | 0.24 | 0.23 | |
Enterprise Value Over EBITDA | 49.16 | 51.62 | |
Price Book Value Ratio | 1.28 | 0.88 | |
Enterprise Value Multiple | 49.16 | 51.62 | |
Price Fair Value | 1.28 | 0.88 | |
Enterprise Value | 448.3 M | 244.7 M |
Management at Reading International focuses on leveraging technology and optimizing operations. We evaluate the impact of these focuses on the company's financial health and stock performance.
Operating Margin (0.09) | Profit Margin (0.19) | Beta 1.616 | Return On Assets (0.02) | Return On Equity (1.40) |
Technical Drivers
As of the 25th of November, Reading International holds the Risk Adjusted Performance of (0.02), coefficient of variation of (2,380), and Variance of 18.82. Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Reading International, as well as the relationship between them.Reading International Price Movement Analysis
The output start index for this execution was eleven with a total number of output elements of fifty. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Reading International middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Reading International. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Reading International Insider Trading Activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Reading International insiders, such as employees or executives, is commonly permitted as long as it does not rely on Reading International's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Reading International insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Reading International Outstanding Bonds
Reading International issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Reading International uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Reading bonds can be classified according to their maturity, which is the date when Reading International has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Boeing Co 2196 Corp BondUS097023DG73 | View | |
HSBC Holdings PLC Corp BondUS404280DR76 | View | |
MGM Resorts International Corp BondUS552953CD18 | View | |
AerCap Global Aviation Corp BondUS00773HAA59 | View |
Reading International Predictive Daily Indicators
Reading International intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Reading International stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Reading International Forecast Models
Reading International's time-series forecasting models are one of many Reading International's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Reading International's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Reading Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Reading International prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Reading shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Reading International. By using and applying Reading Stock analysis, traders can create a robust methodology for identifying Reading entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (0.14) | (0.14) | |
Operating Profit Margin | (0.05) | (0.06) | |
Net Loss | (0.14) | (0.14) | |
Gross Profit Margin | 0.04 | 0.03 |
Current Reading Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Reading analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Reading analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
3.5 | Hold | 1 | Odds |
Most Reading analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Reading stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Reading International, talking to its executives and customers, or listening to Reading conference calls.
Reading Stock Analysis Indicators
Reading International stock analysis indicators help investors evaluate how Reading International stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Reading International shares will generate the highest return on investment. By understating and applying Reading International stock analysis, traders can identify Reading International position entry and exit signals to maximize returns.
Begin Period Cash Flow | 35 M | |
Long Term Debt | 173.8 M | |
Common Stock Shares Outstanding | 22.2 M | |
Total Stockholder Equity | 33.1 M | |
Tax Provision | 590 K | |
Quarterly Earnings Growth Y O Y | -0.29 | |
Property Plant And Equipment Net | 444 M | |
Cash And Short Term Investments | 13.2 M | |
Cash | 12.9 M | |
Accounts Payable | 49.9 M | |
Net Debt | 405.9 M | |
50 Day M A | 1.538 | |
Total Current Liabilities | 127.1 M | |
Other Operating Expenses | 234.8 M | |
Non Current Assets Total | 494.3 M | |
Non Currrent Assets Other | 8.1 M | |
Stock Based Compensation | 1.9 M |
Complementary Tools for Reading Stock analysis
When running Reading International's price analysis, check to measure Reading International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Reading International is operating at the current time. Most of Reading International's value examination focuses on studying past and present price action to predict the probability of Reading International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Reading International's price. Additionally, you may evaluate how the addition of Reading International to your portfolios can decrease your overall portfolio volatility.
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