Freds Inc Financials

Based on the key indicators related to Freds' liquidity, profitability, solvency, and operating efficiency, Freds Inc is not in a good financial situation at the moment. It has a very high risk of going through financial straits in June.
With this module, you can analyze Freds financials for your investing period. You should be able to track the changes in Freds individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Freds Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Freds' financial statements are interrelated, with each one affecting the others. For example, an increase in Freds' assets may result in an increase in income on the income statement.
The data published in Freds' official financial statements usually reflect Freds' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Freds Inc. For example, before you start analyzing numbers published by Freds accountants, it's critical to develop an understanding of what Freds' liquidity, profitability, and earnings quality are in the context of the Consumer Defensive space in which it operates.
Please note, the presentation of Freds' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Freds' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Freds' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Freds Inc. Please utilize our Beneish M Score to check the likelihood of Freds' management manipulating its earnings.

Freds Stock Summary

Freds competes with Acumen Pharmaceuticals, Regeneron Pharmaceuticals, Tyson Foods, Catalyst Pharmaceuticals, and Tscan Therapeutics. Freds, Inc., together with its subsidiaries, sells general merchandise through its retail discount stores and full service pharmacies. Freds, Inc. was founded in 1947 and is headquartered in Memphis, Tennessee. Freds operates under Discount Stores classification in USA and is traded on BATS Exchange. It employs 2642 people.
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS3561081007
Business Address4300 New Getwell
SectorConsumer Defensive
IndustryDiscount Stores
BenchmarkNYSE Composite
Websitewww.fredsinc.com
Phone901 365 8880
CurrencyUSD - US Dollar
You should never invest in Freds without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Freds Stock, because this is throwing your money away. Analyzing the key information contained in Freds' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Freds Key Financial Ratios

Generally speaking, Freds' financial ratios allow both analysts and investors to convert raw data from Freds' financial statements into concise, actionable information that can be used to evaluate the performance of Freds over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Freds Inc reports annually and quarterly.

Freds Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Freds's current stock value. Our valuation model uses many indicators to compare Freds value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Freds competition to find correlations between indicators driving Freds's intrinsic value. More Info.
Freds Inc is one of the top stocks in return on equity category among related companies. It is one of the top stocks in return on asset category among related companies . Comparative valuation analysis is a catch-all model that can be used if you cannot value Freds by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Freds' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Freds' earnings, one of the primary drivers of an investment's value.
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Freds Inc information on this page should be used as a complementary analysis to other Freds' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

Other Consideration for investing in Freds Stock

If you are still planning to invest in Freds Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Freds' history and understand the potential risks before investing.
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