Reading International (RDI) Receives Daily Media Impact Score of 0.22
Media coverage about Reading International (NASDAQ:RDI) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm scores the sentiment of media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Reading International earned a news sentiment score of 0.22 on Accern’s scale. Accern also gave media headlines about the company an impact score of 0 out of 100, meaning that recent media coverage is extremely unlikely to have an impact on the company’s share price in the immediate future.
Several brokerages have issued reports on RDI. Zacks Investment Research upgraded Reading International from a “hold” rating to a “buy” rating and set a $18.00 target price for the company in a report on Tuesday, March 21st. B. Riley restated a “buy” rating and issued a $26.00 target price on shares of Reading International in a report on Wednesday, March 22nd. Finally, TheStreet upgraded Reading International from a “c+” rating to a “b” rating in a report on Friday, June 2nd.
Reading International (RDI) traded up 0.63% during trading on Monday, hitting $15.99. The stock had a trading volume of 9,530 shares. The firm has a market cap of $370.70 million, a price-to-earnings ratio of 36.51 and a beta of 1.33. Reading International has a one year low of $12.45 and a one year high of $17.18. The stock’s 50-day moving average is $15.93 and its 200 day moving average is $15.94.
Reading International (NASDAQ:RDI) last released its earnings results on Tuesday, May 9th. The company reported $0.13 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.02. The firm had revenue of $69.45 million during the quarter, compared to analyst estimates of $71.80 million. Reading International had a return on equity of 7.69% and a net margin of 3.71%. Equities analysts anticipate that Reading International will post $0.61 earnings per share for the current year.
In related news, insider James J. Cotter, Jr. sold 5,112 shares of the company’s stock in a transaction on Friday, June 23rd. The stock was sold at an average price of $15.51, for a total value of $79,287.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 26.75% of the company’s stock.
Reading International Company Profile
Reading International, Inc (RDI) is engaged in the development, ownership and operation of multiplex cinemas in the United States, Australia, and New Zealand, and the development, ownership and operation of retail and commercial real estate in the United States, Australia and New Zealand. RDI operates through two segments: cinema exhibition and real estate.
Receive News & Ratings for Reading International Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Reading International Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.