RDE (GIFT) to Release Quarterly Earnings on Tuesday

RDE (NASDAQ:GIFT) is anticipated to post its quarterly earnings results on Tuesday, May 13th. Analysts expect RDE to post earnings of ($0.10) per share and revenue of $24.80 million for the quarter.

RDE (NASDAQ:GIFT) last posted its earnings results on Monday, March 31st. The company reported ($0.14) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.12) by ($0.02). The company had revenue of $23.40 million for the quarter, compared to the consensus estimate of $23.44 million.

RDE Stock Down 1.7 %

Shares of GIFT opened at $1.74 on Friday. RDE has a 52 week low of $0.82 and a 52 week high of $4.27. The stock has a 50 day moving average price of $1.85 and a two-hundred day moving average price of $1.51. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.80 and a quick ratio of 0.40.

Analysts Set New Price Targets

Separately, Maxim Group assumed coverage on RDE in a research report on Wednesday, February 5th. They issued a “buy” rating and a $4.00 price target for the company.

About RDE

RDE, Inc owns and operates a restaurant deal space in the United States. The company operates Restaurant.com that connects digital consumers, businesses, and communities with dining and merchant deal options at approximately 182,500 restaurants and retailers to approximately 7.8 million customers. It sells discount certificates for restaurants, as well as complementary entertainment and travel offerings, and consumer products on behalf of third-party merchants.