Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Tilray Brands Inc’s stock clocked out at $0.59, up 17.26% from its previous closing price of $0.5. In other words, the price has increased by $17.26 from its previous closing price. On the day, 90.36 million shares were traded. TLRY stock price reached its highest trading level at $0.6 during the session, while it also had its lowest trading level at $0.4928.
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 1.61 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:
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 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 607123584 and an Enterprise Value of 480932608. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 0.21. Its current Enterprise Value per Revenue stands at 0.582 whereas that against EBITDA is 15.016.
Stock Price History:
The Beta on a monthly basis for TLRY is 1.82, which has changed by -0.6775956 over the last 52 weeks, in comparison to a change of 0.10500872 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 34.90%, while the 200-Day Moving Average is calculated to be -39.68%.
Shares Statistics:
It appears that TLRY traded 26.85M shares on average per day over the past three months and 32828570 shares per day over the past ten days. A total of 1.04B shares are outstanding, with a floating share count of 1.03B. Insiders hold about 0.73% of the company’s shares, while institutions hold 8.96% stake in the company. Shares short for TLRY as of 1749772800 were 200130939 with a Short Ratio of 7.45, compared to 1747267200 on 189834318. Therefore, it implies a Short% of Shares Outstanding of 200130939 and a Short% of Float of 19.82.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The stock of Tilray Brands Inc (TLRY) is currently in the spotlight, with 1.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is -$0.01, with high estimates of -$0.01 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.0 and $0.0 for the fiscal current year, implying an average EPS of $0.0. EPS for the following year is $0.03, with 2.0 analysts recommending between $0.03 and $0.03.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $250.41M. 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, 7 analysts are estimating revenue of $212.31M. There is a high estimate of $220.2M for the next quarter, whereas the lowest estimate is $206M.
A total of 10 analysts have provided revenue estimates for TLRY’s current fiscal year. The highest revenue estimate was $879M, while the lowest revenue estimate was $826M, resulting in an average revenue estimate of $850.07M. In the same quarter a year ago, actual revenue was $788.94MBased on 11 analysts’ estimates, the company’s revenue will be $905.13M in the next fiscal year. The high estimate is $970.01M and the low estimate is $865M.
