Tilray Brands Inc (NASDAQ:TLRY) Could Experience -52.77% Growth

In last trading session, Tilray Brands Inc (NASDAQ:TLRY) saw 56.45 million shares changing hands with its beta currently measuring 2.09. Company’s recent per share price level of $0.87 trading at -$0.02 or -2.34% at ring of the bell on the day assigns it a market valuation of $819.23M. That closing price of TLRY’s stock is at a discount of -241.38% from its 52-week high price of $2.97 and is indicating a discount of -1.15% from its 52-week low price of $0.88.

For Tilray Brands Inc (TLRY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.53. Splitting up the data highlights that, out of 5 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.03 in the current quarter.

Tilray Brands Inc (NASDAQ:TLRY) trade information

Upright in the red during last session for losing -2.34%, in the last five days TLRY remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $0.87 price level, adding 10.71% to its value on the day. Tilray Brands Inc’s shares saw a change of -34.31% in year-to-date performance and have moved -6.99% in past 5-day. Tilray Brands Inc (NASDAQ:TLRY) showed a performance of -27.19% in past 30-days.

Wall Street analysts have assigned a consensus price target of 2.25 to the stock, which implies a rise of 61.33% to its current value. Analysts have been projecting 2 as a low price target for the stock while placing it at a high target of 2.5. It follows that stock’s current price would drop -129.89% in reaching the projected high whereas dropping to the targeted low would mean a loss of -129.89% for stock’s current value.

Tilray Brands Inc (TLRY) estimates and forecasts

This year revenue growth is estimated to rise 13.58% from the last financial year’s standing.

9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 213.78M for the same. And 9 analysts are in estimates of company making revenue of 274.62M in the next quarter. Company posted 188.34M and 229.88M of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 36.51% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 43.93% while estimates for its earnings growth in next 5 years are of 60.20%.

Tilray Brands Inc (NASDAQ:TLRY)’s Major holders

TOROSO INVESTMENTS, LLC is the top institutional holder at TLRY for having 11.01 million shares of worth $18.28 million. And as of 2024-06-30, it was holding 1.4597 of the company’s outstanding shares.

The second largest institutional holder is SUSQUEHANNA INTERNATIONAL GROUP, LLP, which was holding about 8.38 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.1113 of outstanding shares, having a total worth of $13.92 million.