As of close of business last night, Tilray Brands Inc’s stock clocked out at $1.82, down -4.21% from its previous closing price of $1.90. On the day, 36263125 shares were traded.
Ratios:
To gain a deeper understanding of TLRY’s stock, we examine 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.90 while its Price-to-Book (P/B) ratio in mrq is 0.42.
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.
Shares Statistics:
A total of 774.03M shares are outstanding, with a floating share count of 763.68M. Insiders hold about 1.34% of the company’s shares, while institutions hold 9.62% stake in the company.
Earnings Estimates
As of right now, Tilray Brands, Inc. analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $22.34, with high estimates of $11.34 and low estimates of $2.18.
Analysts are recommending an EPS of between $Financial Services and $Consumer Cyclical for the fiscal current year, implying an average EPS of $Communication Services.
