Tilray Brands Inc (NASDAQ:TLRY) has a beta value of 2.09 and has seen 14.26 million shares traded in the recent trading session. The company, currently valued at $812.95M, closed the recent trade at $0.87 per share which meant it lost -$0.02 on the day or -3.09% during that session. The TLRY stock price is -241.38% off its 52-week high price of $2.97 and -1.15% below the 52-week low of $0.88.
The consensus among analysts is that Tilray Brands Inc (TLRY) is Buy stock at the moment, with a recommendation rating of 2.53. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 2 out of 5 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.03.
Tilray Brands Inc (NASDAQ:TLRY) trade information
Sporting -3.09% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the TLRY stock price touched $0.87 or saw a rise of 10.71%. Year-to-date, Tilray Brands Inc shares have moved -34.81%, while the 5-day performance has seen it change -7.71%. Over the past 30 days, the shares of Tilray Brands Inc (NASDAQ:TLRY) have changed -27.75%.
Wall Street analysts have a consensus price target for the stock at $2.25, which means that the shares’ value could jump 61.33% from the levels at last check today. The projected low price target is $2.0 while the price target rests at a high of $2.5. In that case, then, we find that the latest price level in today’s session is -187.36% off the targeted high while a plunge would see the stock gain -129.89% from the levels at last check today.
Tilray Brands Inc (TLRY) estimates and forecasts
The company’s shares have lost -55.31% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 13.58%.
9 analysts offering their estimates for the company have set an average revenue estimate of 213.78M for the current quarter. 9 have an estimated revenue figure of 274.62M for the next ending quarter. Year-ago sales stood 188.34M and 229.88M respectively for this quarter and the next, and analysts expect sales will grow by 13.51% for the current quarter and 13.58% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 36.51% over the past 5 years. Earnings growth for 2025 is a modest 43.93% while over the next 5 years, the company’s earnings are expected to increase by 60.20%.
TLRY Dividends
Tilray Brands Inc is expected to release its next earnings report in March this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Tilray Brands Inc (NASDAQ:TLRY)’s Major holders
The top two institutional holders are TOROSO INVESTMENTS, LLC with over 11.01 million shares worth more than $18.28 million. As of 2024-06-30, TOROSO INVESTMENTS, LLC held 1.4597% of shares outstanding.
The other major institutional holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP, with the holding of over 8.38 million shares as of 2024-06-30. The firm’s total holdings are worth over $13.92 million and represent 1.1113% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Amplify ETF Tr-Amplify Alternative Harvest ETF and Vanguard Health Care Index Fund. As of Sep 30, 2024, the former fund manager holds about 1.03% shares in the company for having 9.68 shares of worth $8.37 million while later fund manager owns 2.97 shares of worth $2.57 million as of Nov 30, 2024, which makes it owner of about 0.32% of company’s outstanding stock.
