Reading International B Stock Analysis

Reading Stock Analysis Notes

About 82.0% of the company outstanding shares are owned by corporate insiders. The company recorded a loss per share of 1.38. Reading International had not issued any dividends in recent years. 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 International 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 B contact Ellen Cotter at 213 235 2240 or learn more at https://www.readingrdi.com.

Reading International Investment Alerts

Reading Largest EPS Surprises

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Reading Stock Institutional Investors

Note, although Reading International's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Reading Market Capitalization

The company currently falls under 'Micro-Cap' category with a current market capitalization of 60.43 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Reading International's market, we take the total number of its shares issued and multiply it by Reading International'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 those looking for more risk prefer small-cap and mid-cap equities.

Reading Profitablity

The company has Profit Margin (PM) of (0.14) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.15) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.15.

Management Efficiency

Reading International has return on total asset (ROA) of (0.0134) % which means that it has lost $0.0134 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.6478) %, meaning that it created substantial loss on money invested by shareholders. 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. As of April 18, 2024, Return On Tangible Assets is expected to decline to -0.06. In addition to that, Return On Capital Employed is expected to decline to -0.03. At present, Reading International's Total Assets are projected to decrease significantly based on the last few years of reporting. The current year's Non Current Assets Total is expected to grow to about 571.9 M, whereas Non Currrent Assets Other are forecasted to decline to about 7.7 M.

Technical Drivers

As of the 18th of April 2024, Reading International holds the Coefficient Of Variation of 1615.62, semi deviation of 2.28, and Risk Adjusted Performance of 0.0467. 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. 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 collect and analyze data for nineteen technical drivers for Reading International, which can be compared to its competitors. Please check Reading International coefficient of variation, maximum drawdown, skewness, as well as the relationship between the information ratio and downside variance to decide if Reading International is priced some-what accurately, providing market reflects its current price of 15.0 per share. Given that Reading International has jensen alpha of 0.1374, we recommend you to check out Reading International's recent market performance to make sure the company can sustain itself at a future point.

Reading International Price Movement Analysis

Reading International Predictive Daily Indicators

Reading International Corporate Filings

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.

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.

Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Reading International B. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For information on how to trade Reading Stock refer to our How to Trade Reading Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.

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.

Is Reading International's industry 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.

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.