Reservoir Media Inc's fundamentals are relatively healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 24 out of 76 in the Media & Publishing industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 13.25.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Reservoir Media Inc's Score
Industry at a Glance
Industry Ranking
24 / 76
Overall Ranking
190 / 4521
Industry
Media & Publishing
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Media Coverage
Last 24 hours
Coverage Level
Very Low
Very High
Neutral
Reservoir Media Inc Highlights
StrengthsRisks
Reservoir Media, Inc. is an independent music company. The Company operates a music publishing business, a recorded music business, a management business and a rights management entity in the Middle East. Operations of the Music Publishing segment involve the acquisition of interests in music catalogs from which royalties are earned as well as signing songwriters to exclusive agreements which give the Company an interest in the future delivery of songs. Operations of the Recorded Music segment involve the acquisition of sound recording catalogs as well as the discovery and development of recording artists and the marketing, distribution, sale and licensing of the music catalog. The publishing catalog includes historic compositions written and performed by greats like Joni Mitchell, The Isley Brothers, Sonny Rollins, Louis Prima, and John Denver. The Recorded Music business includes Chrysalis Records LTD (Chrysalis Records), Tommy Boy Music (Tommy Boy) and Reservoir Recordings.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 29.78% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 158.71M.
Fairly Valued
The company’s latest PE is 75.10, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 30.89M shares, decreasing 6.47% quarter-over-quarter.
Reservoir Media, Inc. is an independent music company. The Company operates a music publishing business, a recorded music business, a management business and a rights management entity in the Middle East. Operations of the Music Publishing segment involve the acquisition of interests in music catalogs from which royalties are earned as well as signing songwriters to exclusive agreements which give the Company an interest in the future delivery of songs. Operations of the Recorded Music segment involve the acquisition of sound recording catalogs as well as the discovery and development of recording artists and the marketing, distribution, sale and licensing of the music catalog. The publishing catalog includes historic compositions written and performed by greats like Joni Mitchell, The Isley Brothers, Sonny Rollins, Louis Prima, and John Denver. The Recorded Music business includes Chrysalis Records LTD (Chrysalis Records), Tommy Boy Music (Tommy Boy) and Reservoir Recordings.