YCBD Stock: More Upside For cbdMD Inc (AMEX: YCBD)?

In the last trading session, 1.19 million cbdMD Inc (AMEX:YCBD) shares changed hands as the company’s beta touched 2.51. With the company’s per share price at $0.23 changed hands at $0.0 or -1.41% during last session, the market valuation stood at $1.44M. YCBD’s last price was a discount, traded about -443.48% off its 52-week high of $1.25. The share price had its 52-week low at $0.21, which suggests the last value was 8.7% up since then. When we look at cbdMD Inc’s average trading volume, we note the 10-day average is 1.91 million shares, with the 3-month average coming to 1.96 million.

cbdMD Inc (AMEX:YCBD) trade information

However, in the 30-day time frame, cbdMD Inc (AMEX:YCBD) is -37.11% down. Looking at the short shares, we see there were 0.43 million shares sold at short interest cover period of 0.71 days.

cbdMD Inc (YCBD) estimates and forecasts

Year-over-year growth is forecast to reach 10.78% up from the last financial year.

Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 5.14M. 1 analysts are of the opinion that cbdMD Inc’s revenue for the current quarter will be 5.7M. The company’s revenue for the corresponding quarters a year ago was 4.38M and 5.17M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 17.49%. The estimates for the next quarter sales put growth at 10.17%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 57.37%. The 2025 estimates are for cbdMD Inc earnings to increase by 72.63%.

YCBD Dividends

cbdMD Inc is expected to release its next quarterly earnings report on 2025-Feb-12.

cbdMD Inc (AMEX:YCBD)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 13.79% of cbdMD Inc shares while 2.96% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 3.43%.

Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Extended Market Index Fund and Fidelity Concord Street Trust-Fidelity Extended Market Index Fund . With 13.04 shares estimated at $2999.0 under it, the former controlled 0.21% of total outstanding shares. On the other hand, Fidelity Concord Street Trust-Fidelity Extended Market Index Fund held about 0.14% of the shares, roughly 8.99 shares worth around $2068.0.