With 40.83 million shares changed hands, the volume of the stock remained lighter than its average volume of 44.12 million shares. The 52-week range on TLRY shows that it touched its highest point at $2.97 and its lowest point at $0.64 during that stretch. It currently has a 1-year price target of $1.86. Beta for the stock currently stands at 1.90.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TLRY was down-trending over the past week, with a drop of -5.62%, but this was down by -35.17% over a month. Three-month performance dropped to -46.64% while six-month performance fell -58.21%. The stock lost -57.96% in the past year, while it has lost -47.84% so far this year. A look at the trailing 12-month EPS for TLRY yields -0.31 with Next year EPS estimates of -0.09. For the next quarter, that number is -0.04. This implies an EPS growth rate of 44.08% for this year and 53.41% for next year. EPS is expected to grow by 60.20% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 36.51%.
Float and Shares Shorts:
At present, 937.65 million TLRY shares are outstanding with a float of 931.58 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TLRY since 5 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.40777 being high and -$0.47808 being low. For TLRY, this leads to a yearly average estimate of -$0.42184. Based on analyst estimates, the high estimate for the next quarter is $0.03 and the low estimate is -$0.04. The average estimate for the next quarter is thus -$0.01.
