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 |
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 |
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 |
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 |
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% |
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 |
Scores
| Altman Z-Score | 96.32 |
| Piotroski F-Score | 5 |