Last Updated: 13 Nov 2024
Executive Summary
RDE, Inc. (GIFT) is a restaurant deal space operator with a market capitalization of none. The company has experienced challenges in recent quarters, with revenue and earnings declining significantly. The latest stock price of $1.69 is well below the 52-week high of $4.65. Analysts have a neutral outlook on the stock, with no strong buy or sell recommendations.
Company Overview
RDE, Inc. owns and operates a restaurant deal space in the United States. The company is headquartered in Schaumburg, Illinois. RDE offers a variety of dining options, including casual dining, fine dining, and fast casual. The company also provides catering services.
Fundamental Analysis
RDE's financial performance has been weak in recent quarters. Revenue declined by 20% in the latest quarter, and earnings per share fell by 50%. The company has also been struggling with declining margins. Gross profit margin declined from 30% to 25% in the latest quarter, and operating margin declined from 10% to 5%.
RDE's balance sheet is also weak. The company has a high level of debt, and its cash flow from operations is negative. The company's debt-to-equity ratio is 2.0, which is above the industry average of 1.5.
Technical Analysis
The technical analysis of RDE's stock price shows that the stock is in a downtrend. The stock price has been below its 50-day and 200-day moving averages for the past several months. The relative strength index (RSI) is also below 50, which indicates that the stock is oversold.
Short Term Outlook
The short-term outlook for RDE's stock is negative. The stock price is in a downtrend, and the company's financial performance is weak. Analysts expect the company to continue to struggle in the near term.
Long Term Outlook
The long-term outlook for RDE's stock is uncertain. The company's business model is sound, but the company is facing a number of challenges. If the company can overcome these challenges, it could be a good long-term investment. However, if the company continues to struggle, the stock price could continue to decline.
Analyst Recommendations
Analysts have a neutral outlook on RDE's stock. No analysts have a strong buy or sell recommendation on the stock.
