Reddit Inc Class A Shares RDDT
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
News
-
Reddit extends machine-learning translation to 35 new countries, including Brazil and Spain
-
Reddit to Participate in Goldman Sachs Communacopia + Technology Conference
-
Reddit set to harness 'treasure trove' of user-generated content, says analyst
-
Reddit reports second-quarter revenue beat and narrower-than-expected loss
-
Reddit Announces Second Quarter 2024 Results
-
Reddit's stock rallies ahead of second-quarter results
-
Reddit's stock rises on new partnership with NFL, NBA, MLB, PGA Tour and NASCAR
-
Reddit to Announce Second Quarter 2024 Results on Tuesday, August 6, 2024
Trading Information
- Previous Close Price
- $67.05
- Day Range
- $66.52–67.79
- 52-Week Range
- $37.38–78.00
- Bid/Ask
- $66.56 / $66.78
- Market Cap
- $2.45 Bil
- Volume/Avg
- 278,199 / 3.8 Mil
Key Statistics
- Price/Earnings (Normalized)
- —
- Price/Sales
- 9.06
- Dividend Yield (Trailing)
- 0.00%
- Dividend Yield (Forward)
- 0.00%
- Total Yield
- —
Company Profile
Reddit Inc is engaged in providing internet content. The company provides online services that include gaming, sports, business, crypto, television and others.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Stock Style Box
- Small Growth
- Total Number of Employees
- —
- Website
- https://www.redditinc.com
Comparables
Valuation
|
Metric
|
RDDT
|
BMBL
|
NRDS
|
|---|---|---|---|
Price/Earnings (Normalized) | — | 8.53 | 238.84 |
Price/Book Value | 5.87 | 0.49 | 2.57 |
Price/Sales | 9.06 | 0.78 | 1.61 |
Price/Cash Flow | 111.30 | 5.70 | 12.13 |
Price/Earnings
RDDT
BMBL
NRDS
Financial Strength
|
Metric
|
RDDT
|
BMBL
|
NRDS
|
|---|---|---|---|
Quick Ratio | 12.27 | 2.20 | 3.85 |
Current Ratio | 12.42 | 2.38 | 4.27 |
Interest Coverage | — | 3.72 | 3.25 |
Quick Ratio
RDDT
BMBL
NRDS
Profitability
|
Metric
|
RDDT
|
BMBL
|
NRDS
|
|---|---|---|---|
Return on Assets (Normalized) | −2.61% | 3.14% | 4.40% |
Return on Equity (Normalized) | −6.60% | 6.90% | 5.08% |
Return on Invested Capital (Normalized) | −6.37% | 4.56% | 4.23% |
Return on Assets
RDDT
BMBL
NRDS
Internet Content & Information Industry Comparables
|
1-Day Chart
|
Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
| Alphabet Inc Class A
GOOGL
| Thkkjyxnj | Ywj | $2.0 Tril | |||
| Alphabet Inc Class C
GOOG
| Gfxrvflxd | Thmr | $2.0 Tril | |||
| Meta Platforms Inc Class A
META
| Mrmdmblp | Fbgk | $1.4 Tril | |||
| Tencent Holdings Ltd ADR
TCEHY
| Xdzncpxf | Wfll | $517.1 Bil | |||
| Spotify Technology SA
SPOT
| Wrpnsvppv | Cff | $74.1 Bil | |||
| DoorDash Inc Ordinary Shares - Class A
DASH
| Bpvsnyg | Tbnmhp | $58.5 Bil | |||
| Baidu Inc ADR
BIDU
| Bjbbpwsq | Phwl | $36.3 Bil | |||
| Pinterest Inc Class A
PINS
| Xssjztzt | Qdvzmp | $22.3 Bil | |||
| Tencent Music Entertainment Group ADR
TME
| Nfvksrgc | Vqqfzgk | $21.6 Bil | |||
| Snap Inc Class A
SNAP
| Ffjhmzc | Cxjr | $18.0 Bil |
United States