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The price of Tilray Brands Inc (NASDAQ: TLRY) closed at $0.58 in the last session, down -17.55% from day before closing price of $0.7. In other words, the price has decreased by -$17.55 from its previous closing price. On the day, 71.07 million shares were traded. TLRY stock price reached its highest trading level at $0.6288 during the session, while it also had its lowest trading level at $0.551.
Ratios:
We take a closer look at TLRY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 2.46. In the meantime, Its Debt-to-Equity ratio is 0.22 whereas as Long-Term Debt/Eq ratio is at 0.20.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Alliance Global Partners on April 05, 2024, Reiterated its Neutral rating but revised its target price to $2.75 from $2.25 previously.
On November 02, 2022, Bernstein started tracking the stock assigning a Mkt Perform rating and target price of $3.90.
The Benchmark Company Downgraded its Hold to Sell on July 29, 2022, while the target price for the stock was maintained at $3.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 15 ’24 when Merton Carl A bought 26,000 shares for $1.36 per share. The transaction valued at 35,360 led to the insider holds 26,000 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TLRY now has a Market Capitalization of 593341632 and an Enterprise Value of 765341504. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 0.40. Its current Enterprise Value per Revenue stands at 0.926 whereas that against EBITDA is 23.896.
Stock Price History:
The Beta on a monthly basis for TLRY is 1.92, which has changed by -0.71428573 over the last 52 weeks, in comparison to a change of 0.15366066 over the same period for the S&P500. Over the past 52 weeks, TLRY has reached a high of $2.15, while it has fallen to a 52-week low of $0.35. The 50-Day Moving Average of the stock is 15.90%, while the 200-Day Moving Average is calculated to be -35.86%.
Shares Statistics:
According to the various share statistics, TLRY traded on average about 31.99M shares per day over the past 3-months and 45759790 shares per day over the past 10 days. A total of 1.06B shares are outstanding, with a floating share count of 1.03B. Insiders hold about 0.73% of the company’s shares, while institutions hold 8.80% stake in the company. Shares short for TLRY as of 1752537600 were 181515044 with a Short Ratio of 5.67, compared to 1749772800 on 200130939. Therefore, it implies a Short% of Shares Outstanding of 181515044 and a Short% of Float of 17.75.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The market rating for Tilray Brands Inc (TLRY) is a result of the insights provided by 1.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is $0.0, with high estimates of $0.0 and low estimates of $0.0.
Analysts are recommending an EPS of between $0.04 and $0.04 for the fiscal current year, implying an average EPS of $0.04. EPS for the following year is $0.06, with 1.0 analysts recommending between $0.06 and $0.06.
Revenue Estimates
According to 7 analysts, the current quarter’s revenue is expected to be $207.47M. It ranges from a high estimate of $210.96M to a low estimate of $199.3M. As of the current estimate, Tilray Brands Inc’s year-ago sales were $200.04MFor the next quarter, 7 analysts are estimating revenue of $214.7M. There is a high estimate of $222M for the next quarter, whereas the lowest estimate is $209M.
A total of 9 analysts have provided revenue estimates for TLRY’s current fiscal year. The highest revenue estimate was $891.45M, while the lowest revenue estimate was $830.5M, resulting in an average revenue estimate of $867.22M. In the same quarter a year ago, actual revenue was $821.31MBased on 7 analysts’ estimates, the company’s revenue will be $901.46M in the next fiscal year. The high estimate is $945.12M and the low estimate is $859.8M.
