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After finishing at $0.48 in the prior trading day, Tilray Brands Inc (NASDAQ: TLRY) closed at $0.45, down -5.42%. In other words, the price has decreased by -$5.42 from its previous closing price. On the day, 44.0 million shares were traded. TLRY stock price reached its highest trading level at $0.4838 during the session, while it also had its lowest trading level at $0.43.
Ratios:
Our goal is to gain a better understanding of TLRY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 2.62. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.11.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 448594208 and an Enterprise Value of 516421440. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.55 while its Price-to-Book (P/B) ratio in mrq is 0.16. Its current Enterprise Value per Revenue stands at 0.625 whereas that against EBITDA is 16.124.
Stock Price History:
The Beta on a monthly basis for TLRY is 1.99, which has changed by -0.7383721 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. Over the past 52 weeks, TLRY has reached a high of $2.52, while it has fallen to a 52-week low of $0.44. The 50-Day Moving Average of the stock is -36.03%, while the 200-Day Moving Average is calculated to be -66.65%.
Shares Statistics:
The stock has traded on average 38.81M shares per day over the past 3-months and 31683190 shares per day over the last 10 days, according to various share statistics. A total of 1.01B shares are outstanding, with a floating share count of 999.98M. Insiders hold about 0.65% of the company’s shares, while institutions hold 10.00% stake in the company. Shares short for TLRY as of 1743379200 were 179382509 with a Short Ratio of 4.62, compared to 1740700800 on 162138718. Therefore, it implies a Short% of Shares Outstanding of 179382509 and a Short% of Float of 18.540001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The current assessment of Tilray Brands Inc (TLRY) involves the perspectives of 2.0 analysts closely monitoring its market dynamics.The consensus estimate for the next quarter is -$0.02, with high estimates of -$0.01 and low estimates of -$0.03.
Analysts are recommending an EPS of between $0.0 and -$0.14 for the fiscal current year, implying an average EPS of -$0.07. EPS for the following year is -$0.03, with 4.0 analysts recommending between $0.03 and -$0.1.
Revenue Estimates
8 analysts predict $249.71M in revenue for the current quarter. It ranges from a high estimate of $282M to a low estimate of $232.2M. As of the current estimate, Tilray Brands Inc’s year-ago sales were $229.88MFor the next quarter, 8 analysts are estimating revenue of $213.12M. There is a high estimate of $220.2M for the next quarter, whereas the lowest estimate is $206M.
A total of 11 analysts have provided revenue estimates for TLRY’s current fiscal year. The highest revenue estimate was $879M, while the lowest revenue estimate was $829M, resulting in an average revenue estimate of $852.73M. In the same quarter a year ago, actual revenue was $788.94MBased on 12 analysts’ estimates, the company’s revenue will be $906.03M in the next fiscal year. The high estimate is $970.01M and the low estimate is $871.3M.
