Tilray Brands Inc (NASDAQ:TLRY) has a beta value of 1.88 and has seen 4.85 million shares traded in the recent trading session. The company, currently valued at $591.89M, closed the recent trade at $0.63 per share which meant it lost -$0.03 on the day or -4.75% during that session. The TLRY stock price is -371.43% off its 52-week high price of $2.97 and 7.94% above the 52-week low of $0.58. If we look at the company’s 10-day average daily trading volume, we find that it stood at 30.45 million shares traded. The 3-month trading volume is 42.90 million shares.
The consensus among analysts is that Tilray Brands Inc (TLRY) is Buy stock at the moment, with a recommendation rating of 2.50. 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 -4.75% 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 $0.63 or saw a rise of 14.29%. Year-to-date, Tilray Brands Inc shares have moved -52.54%, while the 5-day performance has seen it change -7.48%. Over the past 30 days, the shares of Tilray Brands Inc (NASDAQ:TLRY) have changed -14.12%. Short interest in the company has seen 166.29 million shares shorted with days to cover at 3.99.
Wall Street analysts have a consensus price target for the stock at $2, which means that the shares’ value could jump 68.5% from the levels at last check today.. The projected low price target is $2.0 while the price target rests at a high of $2.0. In that case, then, we find that the latest price level in today’s session is -217.46% off the targeted high while a plunge would see the stock gain -217.46% from the levels at last check today..
Tilray Brands Inc (TLRY) estimates and forecasts
The company’s shares have lost -63.72% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 13.21%.
8 analysts offering their estimates for the company have set an average revenue estimate of 211.57M for the current quarter. 8 have an estimated revenue figure of 274.23M 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 12.33% for the current quarter and 13.21% 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 44.08% while over the next 5 years, the company’s earnings are expected to increase by 58.97%.
TLRY Dividends
Tilray Brands Inc is expected to release its next earnings report on 2025-Jan-09 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
Insiders own 0.65% of the company shares, while shares held by institutions stand at 11.72% with a share float percentage of 11.80%. Investors are also buoyed by the number of investors in a company, with Tilray Brands Inc having a total of 411.0 institutions that hold shares in the company. 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 1.3875% 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 Trust-Amplify Alternative Harvest ETF and VANGUARD WORLD FUND-Vanguard Health Care Index Fund . As of Dec 31, 2024 , the former fund manager holds about 1.13% shares in the company for having 10.56 shares of worth $6.61 million while later fund manager owns 2.97 shares of worth $1.86 million as of Nov 30, 2024 , which makes it owner of about 0.32% of company’s outstanding stock.
