Reading Stock Analysis

RDI -  USA Stock  

USD 5.33  0.05  0.93%

Reading Intl Cl price drop over the last few months created some momentum for stockholders as it was traded today as low as 5.28 and as high as 5.46 per share. The company directors and management were not very successful in positioning the company resources to exploit market volatility in June. However, diversifying your holdings with Reading Intl Cl or similar stocks can still protect your portfolio during high-volatility market scenarios. The stock standard deviation of daily returns for 90 days investing horizon is currently 2.19. The current volatility is consistent with the ongoing market swings in June 2021 as well as with Reading Intl unsystematic, company-specific events.
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The Reading Intl stock analysis report makes it easy to digest most publicly released information about Reading Intl and get updates on important government artifacts, including earning estimates, SEC corporate filings, and announcements. Reading Stock analysis module also helps to analyze the Reading Intl price relationship with some important fundamental indicators such as market cap and management efficiency.

Reading Stock Analysis Notes

About 19.0% of the company outstanding shares are owned by corporate insiders. The company has price-to-book ratio of 1.29. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. Reading Intl Cl recorded a loss per share of 1.86. The entity had not issued any dividends in recent years. The firm 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 founded in 1937 and is headquartered in Culver City, California. Reading Intl operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. It employs 1491 people. To find out more about Reading Intl Cl contact Ellen Cotter at 213 235-2240 or learn more at www.readingrdi.com.

Reading Intl Cl Investment Alerts

Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Reading Intl's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Reading Intl Cl or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Reading Intl Cl generates negative expected return over the last 90 days
Reading Intl Cl has high likelihood to experience some financial distress in the next 2 years
The company has 475.77 M in debt with debt to equity (D/E) ratio of 4.97, demonstrating that the company may be unable to create cash to meet all of its financial commitments. Reading Intl Cl has a current ratio of 0.84, suggesting that it has not enough short term capital to pay financial commitments when the payables are due.
The entity reported the last year's revenue of 49.94 M. Reported Net Loss for the year was (40.36 M) with loss before taxes, overhead, and interest of (21.78 M).
Reading Intl Cl has about 41.19 M in cash with (25.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.89.
Reading Intl Cl has a frail financial position based on the latest SEC disclosures
Roughly 19.0% of Reading Intl outstanding shares are owned by corporate insiders

Reading Intl Cl Upcoming and Recent Events

Earnings reports are used by Reading Intl to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. 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 Intl 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.
Upcoming Quarterly Report9th of August 2021
Next Fiscal Quarter End30th of June 2021

Reading Market Capitalization

The company currently falls under 'Small-Cap' category with total capitalization of 145.47 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reading Intl's market, we take the total number of its shares issued and multiply it by Reading Intl's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities.

Reading Profitablity

Reading Intl's profitability indicators refer to fundamental financial ratios that showcase Reading Intl's ability to generate income relative to its revenue or operating costs. If, let's say, Reading Intl is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Reading Intl's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Reading Intl's profitability requires more research than a typical breakdown of Reading Intl's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Net Profit Margin of (80.82) %, 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 (137.85) %, which entails that for every $100 of revenue, it lost -1.38.
Last ReportedProjected for 2021
Return on Investment(17.15) (17.61) 
Return on Average Assets(9.55) (9.80) 
Return on Average Equity(61.19) (62.80) 
Return on Invested Capital 0.09  0.1 
Return on Sales 0.13  0.14 

Management Efficiency

The entity has Return on Asset of (6.39) % which means that on every $100 spent on asset, it lost $6.39. This is way below average. In the same way, it shows return on shareholders equity (ROE) of (35.5) %, meaning that it generated no profit with money invested by stockholders. Reading Intl management efficiency ratios could be used to measure how well reading intl cl manages its routine affairs as well as how well it operates its assets and liabilities. Reading Intl Return on Invested Capital is most likely to increase slightly in the upcoming years. The last year's value of Return on Invested Capital was reported at 0.09. The current Return on Sales is estimated to increase to 0.14, while Return on Investment is projected to decrease to (17.61) . Reading Intl Tax Assets are most likely to increase significantly in the upcoming years. The last year's value of Tax Assets was reported at 29.5 Million. The current Revenue to Assets is estimated to increase to 0.12, while Total Assets are projected to decrease to roughly 557.9 M.
Last ReportedProjected for 2021
Book Value per Share 5.13  4.86 
Enterprise Value over EBIT 11.50  11.81 
Enterprise Value over EBITDA 8.65  10.78 
Price to Book Value 2.65  2.19 
Tangible Assets Book Value per Share 13.26  12.67 
Enterprise Value447.6 M395.1 M
Tangible Asset Value309.3 M287 M

Technical Drivers

As of the 28th of July, Reading Intl holds the risk adjusted performance of (0.048946), and Coefficient Of Variation of (1,321). Compared to fundamental indicators, the technical analysis model allows you to check existing technical drivers of Reading Intl, as well as the relationship between them. Put it differently, you can use this information to find out if the company will indeed mirror its model of past market data, or the prices will eventually revert. We were able to break down nineteen technical drivers for Reading Intl Cl, which can be compared to its competitors. Please check Reading Intl Cl treynor ratio, and the relationship between the standard deviation and downside variance to decide if Reading Intl Cl is priced some-what accurately, providing market reflects its current price of 5.33 per share. Given that Reading Intl has jensen alpha of (0.18), we recommend you to check out Reading Intl Cl's recent market performance to make sure the company can sustain itself at a future point.

Reading Intl Cl Price Movement Analysis

The output start index for this execution was one with a total number of output elements of sixty. The Parabolic SAR indicator is used to determine the direction of Reading Intl Cl's momentum and the point in time when Reading Intl has higher than normal probability directional change. View also all equity analysis or get more info about parabolic sar overlap studies indicator.

Reading Intl Cl 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 Intl insiders, such as employees or executives, is commonly permitted as long as it does not rely on Reading Intl'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 Intl 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.
James J Cotter Living Trust over a month ago via Macroaxis 
Sale by James J Cotter Living Trust of 4000 shares of Reading Intl
James J Cotter Living Trust over a month ago via Macroaxis 
Sale by James J Cotter Living Trust of 4000 shares of Reading Intl
James J Cotter Living Trust over two months ago via Macroaxis 
Sale by James J Cotter Living Trust of 4000 shares of Reading Intl
James J Cotter Living Trust over two months ago via Macroaxis 
Sale by James J Cotter Living Trust of 4000 shares of Reading Intl
James J Cotter Living Trust over two months ago via Macroaxis 
Sale by James J Cotter Living Trust of 4000 shares of Reading Intl
James J Cotter Living Trust over two months ago via Macroaxis 
Sale by James J Cotter Living Trust of 4000 shares of Reading Intl
James J Cotter Living Trust over two months ago via Macroaxis 
Sale by James J Cotter Living Trust of 4000 shares of Reading Intl
James J Cotter Living Trust over two months ago via Macroaxis 
Sale by James J Cotter Living Trust of 4000 shares of Reading Intl
James J Cotter Living Trust over two months ago via Macroaxis 
Sale by James J Cotter Living Trust of 4000 shares of Reading Intl
James J Cotter Living Trust over three months ago via Macroaxis 
Sale by James J Cotter Living Trust of 4000 shares of Reading Intl
James J Cotter Living Trust over three months ago via Macroaxis 
Sale by James J Cotter Living Trust of 4000 shares of Reading Intl
Tompkins Sidney Craig over three months ago via Macroaxis 
Exercise or conversion by Tompkins Sidney Craig of 912 shares of Reading Intl subject to Rule 16b-3

Reading Intl Predictive Daily Indicators

Reading Intl 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 Intl 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 Intl Forecast Models

Reading Intl time-series forecasting models is one of many Reading Intl's stock analysis techniquest aimed to predict 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 Intl'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 stock 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 Intl stock is reacting to, or reflecting on a current stock 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 Intl. By using and applying Reading Stock analysis, traders can create a robust methodology for identifying Reading entry and exit points for their positions.
Last ReportedProjected for 2021
Operating Margin(78.75) (80.82) 
EBITDA Margin(50.76) (52.09) 
Gross Margin(27.97) (28.71) 
Profit Margin(83.74) (85.94) 
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 founded in 1937 and is headquartered in Culver City, California. Reading Intl operates under Entertainment classification in the United States and is traded on NASDAQ Exchange. It employs 1491 people.

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 PriceAdvice# of Analysts
17.0Strong Buy1Odds
Reading Intl Cl current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
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 Intl Cl, talking to its executives and customers, or listening to Reading conference calls.
Reading Analyst Advice Details

Reading Stock Analysis Indicators

Reading Intl Cl stock analysis indicators help investors evaluate how Reading Intl 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 Intl shares will generate the highest return on investment. By understating and applying Reading Intl stock analysis, traders can identify Reading Intl position entry and exit signals to maximize returns.
Quick Ratio0.49
Fifty Two Week Low2.22
Revenue Growth-56.70%
Shares Short Prior Month116.6k
Average Daily Volume Last 10 Day47.16k
Average Daily Volume In Three Month40.89k
Shares Percent Shares Out0.45%
Gross Margins-58.44%
Short Percent Of Float0.61%
Forward Price Earnings-80.14
Float Shares14.68M
Fifty Two Week High7.64
Enterprise Value To Ebitda-12.97
Fifty Day Average6.42
Two Hundred Day Average6.48
Enterprise Value To Revenue11.66
Additionally, take a look at Your Equity Center. Note that the Reading Intl Cl information on this page should be used as a complementary analysis to other Reading Intl's 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 Shere Portfolio module to track or share privately all of your investments from the convenience of any device.

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When running Reading Intl Cl price analysis, check to measure Reading Intl'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 Intl is operating at the current time. Most of Reading Intl's value examination focuses on studying past and present price action to predict the probability of Reading Intl's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Reading Intl's price. Additionally, you may evaluate how the addition of Reading Intl to your portfolios can decrease your overall portfolio volatility.
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The market value of Reading Intl Cl 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 Intl's value that differs from its market value or its book value, called intrinsic value, which is Reading Intl'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 Intl's market value can be influenced by many factors that don't directly affect Reading Intl Cl underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Reading Intl's value and its price as these two are different measures arrived at by different means. Investors typically determine Reading Intl value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Reading Intl'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.