In last trading session, Tilray Brands Inc (NASDAQ:TLRY) saw 70.89 million shares changing hands with its beta currently measuring 1.92. Company’s recent per share price level of $0.64 trading at $0.03 or 4.92% at ring of the bell on the day assigns it a market valuation of $599.72M. That closing price of TLRY’s stock is at a discount of -364.06% from its 52-week high price of $2.97 and is indicating a premium of 9.38% from its 52-week low price of $0.58. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 40.53 million shares which gives us an average trading volume of 44.16 million if we extend that period to 3-months.
For Tilray Brands Inc (TLRY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.50. 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 green during last session for gaining 4.92%, in the last five days TLRY remained trading in the red while hitting it’s week-highest on Thursday, 03/06/25 when the stock touched $0.64 price level, adding 8.57% to its value on the day. Tilray Brands Inc’s shares saw a change of -51.91% in year-to-date performance and have moved -10.96% in past 5-day. Tilray Brands Inc (NASDAQ:TLRY) showed a performance of -34.77% in past 30-days. Number of shares sold short was 162.14 million shares which calculate 3.31 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2 to the stock, which implies a rise of 68.0% 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. It follows that stock’s current price would drop -212.5% in reaching the projected high whereas dropping to the targeted low would mean a loss of -212.5% for stock’s current value.
Tilray Brands Inc (TLRY) estimates and forecasts
This year revenue growth is estimated to rise 13.48% from the last financial year’s standing.
8 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 213.38M for the same. And 8 analysts are in estimates of company making revenue of 274.23M 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 44.08% while estimates for its earnings growth in next 5 years are of 60.20%.
Tilray Brands Inc (NASDAQ:TLRY)’s Major holders
Insiders are in possession of 0.65% of company’s total shares while institution are holding 11.71 percent of that, with stock having share float percentage of 11.78%. Investors also watch the number of corporate investors in a company very closely, which is 11.71% institutions for Tilray Brands Inc that are currently holding shares of the company. 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 1.3875 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.
