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After finishing at $2.05 in the prior trading day, Tilray Brands Inc (NASDAQ: TLRY) closed at $1.98, down -3.41%. In other words, the price has decreased by -$3.41 from its previous closing price. On the day, 23.13 million shares were traded. TLRY stock price reached its highest trading level at $2.08 during the session, while it also had its lowest trading level at $1.98.
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 1.18 and its Current Ratio is at 1.92. In the meantime, Its Debt-to-Equity ratio is 0.14 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 Jan 17 ’24 when FALTISCHEK DENISE M bought 10,000 shares for $2.05 per share. The transaction valued at 20,500 led to the insider holds 293,269 shares of the business.
Gendel Mitchell bought 7,200 shares of TLRY for $14,256 on Jan 16 ’24. The Global General Counsel now owns 195,796 shares after completing the transaction at $1.98 per share. On Jan 12 ’24, another insider, SIMON IRWIN D, who serves as the President and CEO of the company, bought 53,700 shares for $1.88 each. As a result, the insider paid 100,956 and bolstered with 2,033,058 shares of the company.
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 1596192896 and an Enterprise Value of 1780259840. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.15 while its Price-to-Book (P/B) ratio in mrq is 0.46. Its current Enterprise Value per Revenue stands at 2.395 whereas that against EBITDA is 184.426.
Stock Price History:
Over the past 52 weeks, TLRY has reached a high of $3.40, while it has fallen to a 52-week low of $1.50. The 50-Day Moving Average of the stock is 0.60%, while the 200-Day Moving Average is calculated to be -5.54%.
Shares Statistics:
The stock has traded on average 33.72M shares per day over the past 3-months and 44897580 shares per day over the last 10 days, according to various share statistics. A total of 806.16M shares are outstanding, with a floating share count of 795.38M. Insiders hold about 1.34% of the company’s shares, while institutions hold 9.22% stake in the company. Shares short for TLRY as of 1713139200 were 118726167 with a Short Ratio of 3.52, compared to 1710460800 on 119313433. Therefore, it implies a Short% of Shares Outstanding of 118726167 and a Short% of Float of 15.409999999999998.
Earnings Estimates
A comprehensive evaluation of Tilray Brands Inc (TLRY) is underway, with the input of 5.0 analysts contributing to its current rating.On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.06, while EPS last year was -$0.15. The consensus estimate for the next quarter is -$0.04, with high estimates of -$0.02 and low estimates of -$0.08.
Analysts are recommending an EPS of between -$0.21 and -$0.44 for the fiscal current year, implying an average EPS of -$0.31. EPS for the following year is -$0.1, with 10.0 analysts recommending between $0.14 and -$0.3.
Revenue Estimates
11 analysts predict $225.25M in revenue for the current quarter. It ranges from a high estimate of $243M to a low estimate of $208.3M. As of the current estimate, Tilray Brands Inc’s year-ago sales were $184.19MFor the next quarter, 11 analysts are estimating revenue of $210.42M. There is a high estimate of $224.1M for the next quarter, whereas the lowest estimate is $196.2M.
A total of 14 analysts have provided revenue estimates for TLRY’s current fiscal year. The highest revenue estimate was $803.1M, while the lowest revenue estimate was $754.52M, resulting in an average revenue estimate of $783.28M. In the same quarter a year ago, actual revenue was $627.12MBased on 14 analysts’ estimates, the company’s revenue will be $869.07M in the next fiscal year. The high estimate is $924.4M and the low estimate is $819.2M.
