Reddit Inc.
176.96
12.14 (7.37%)
At close: Jan 15, 2025, 10:46 AM

Reddit Statistics

Share Statistics

Reddit has 175.58M shares outstanding. The number of shares has increased by 8.19% in one year.

Shares Outstanding 175.58M
Shares Change (YoY) n/a
Shares Change (QoQ) 5.85%
Owned by Institutions (%) n/a
Shares Floating 151.61M
Failed to Deliver (FTD) Shares 5.06K
FTD / Avg. Volume 0.07%

Short Selling Information

The latest short interest is 16.18M, so 9.22% of the outstanding shares have been sold short.

Short Interest 16.18M
Short % of Shares Out 9.22%
Short % of Float 10.67%
Short Ratio (days to cover) 2.31

Valuation Ratios

The PE ratio is -32.84 and the forward PE ratio is 190.67.

PE Ratio -32.84
Forward PE 190.67
PS Ratio 3.71
Forward PS 13.5
PB Ratio 2.07
P/FCF Ratio -35.16
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

Reddit Inc. has an Enterprise Value (EV) of 2.61B.

EV / Earnings -28.71
EV / Sales 3.24
EV / EBITDA -20.62
EV / EBIT -18.6
EV / FCF -30.74

Financial Position

The company has a current ratio of 11.08, with a Debt / Equity ratio of 0.

Current Ratio 11.08
Quick Ratio 11.08
Debt / Equity 0
Total Debt / Capitalization 0
Cash Flow / Debt 0
Interest Coverage 0

Financial Efficiency

Return on equity (ROE) is -0.06% and return on capital (ROIC) is -9.98%.

Return on Equity (ROE) -0.06%
Return on Assets (ROA) -0.06%
Return on Capital (ROIC) -9.98%
Revenue Per Employee 399.42K
Profits Per Employee -45.12K
Employee Count 2.01K
Asset Turnover 0.5
Inventory Turnover 0

Taxes

Income Tax 3.80M
Effective Tax Rate -0.04

Stock Price Statistics

The stock price has increased by null% in the last 52 weeks. The beta is 2.77, so Reddit 's price volatility has been higher than the market average.

Beta 2.77
52-Week Price Change null%
50-Day Moving Average 151.61
200-Day Moving Average 82.96
Relative Strength Index (RSI) 51.41
Average Volume (20 Days) 6.85M

Income Statement

In the last 12 months, Reddit had revenue of 804.03M and earned -90.82M in profits. Earnings per share was -1.54.

Revenue 804.03M
Gross Profit 693.02M
Operating Income -140.16M
Net Income -90.82M
EBITDA -126.46M
EBIT -140.16M
Earnings Per Share (EPS) -1.54
Full Income Statement

Balance Sheet

The company has 401.18M in cash and 25.75M in debt, giving a net cash position of 375.43M.

Cash & Cash Equivalents 401.18M
Total Debt 25.75M
Net Cash 375.43M
Retained Earnings -716.56M
Total Assets 2.17B
Working Capital 1.89B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was -75.11M and capital expenditures -9.72M, giving a free cash flow of -84.84M.

Operating Cash Flow -75.11M
Capital Expenditures -9.72M
Free Cash Flow -84.84M
FCF Per Share -1.43
Full Cash Flow Statement

Margins

Gross margin is 86.19%, with operating and profit margins of -17.43% and -11.3%.

Gross Margin 86.19%
Operating Margin -17.43%
Pretax Margin -10.82%
Profit Margin -11.3%
EBITDA Margin -15.73%
EBIT Margin -17.43%
FCF Margin -10.55%

Dividends & Yields

RDDT does not appear to pay any dividends at this time.

Dividend Per Share n/a
Dividend Yield n/a
Dividend Growth (YoY) n/a
Payout Ratio n/a
Earnings Yield -0.93%
FCF Yield -0.29%
Dividend Details

Analyst Forecast

The average price target for RDDT is $175, which is 6% higher than the current price. The consensus rating is "Strong Buy".

Price Target $175
Price Target Difference 6%
Analyst Consensus Strong Buy
Analyst Count 21
Stock Forecasts

Scores

Altman Z-Score 96.32
Piotroski F-Score 5