Wall Street Analyst Downgrade Tilray Inc. [TLRY]. What else is Wall St. saying

Tilray Inc. [NASDAQ: TLRY] loss -0.57% or -0.14 points to close at $24.36 with a heavy trading volume of 19372856 shares. The company report on February 18, 2021 that Tilray, Inc. Reports 2020 Full Fiscal Year and Fourth Quarter Results.

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Revenue Increased 26% to $210.5 Million in 2020 Compared to Prior Year.

Net Loss $(3.0) Million in Q4 2020 Versus Net Loss $(219.8) Million in Q4 2019.

It opened the trading session at $25.045, the shares rose to $25.99 and dropped to $23.50, the range by which the price of stock traded the whole day. The daily chart for TLRY points out that the company has recorded 275.35% gains over the past six months. However, it is still -902.47% lower than its most recent low trading price.

If we look at the average trading volume of 40.56M shares, TLRY reached to a volume of 19372856 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Tilray Inc. [TLRY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TLRY shares is $19.32 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on TLRY stock is a recommendation set at 3.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Benchmark Company have made an estimate for Tilray Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on February 18, 2021. While these analysts kept the previous recommendation, Piper Sandler raised their target price from $15 to $26. The new note on the price target was released on February 18, 2021, representing the official price target for Tilray Inc. stock. Previously, the target price had yet another drop from $5.60 to $4.77, while Jefferies kept a Underperform rating on TLRY stock. On November 11, 2020, analysts decreased their price target for TLRY shares from 6 to 4.75.

The Average True Range (ATR) for Tilray Inc. is set at 5.79, with the Price to Sales ratio for TLRY stock in the period of the last 12 months amounting to 19.99. The Price to Book ratio for the last quarter was 9.37.

Trading performance analysis for TLRY stock

Tilray Inc. [TLRY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -16.60. With this latest performance, TLRY shares gained by 31.32% in over the last four-week period, additionally plugging by 275.35% over the last 6 months – not to mention a rise of 67.54% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for TLRY stock in for the last two-week period is set at 48.63, with the RSI for the last a single of trading hit 45.34, and the three-weeks RSI is set at 50.65 for Tilray Inc. [TLRY]. The present Moving Average for the last 50 days of trading for this stock 19.39, while it was recorded at 25.58 for the last single week of trading, and 10.32 for the last 200 days.

Tilray Inc. [TLRY]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Tilray Inc. [TLRY] shares currently have an operating margin of -60.49 and a Gross Margin at +5.45. Tilray Inc.’s Net Margin is presently recorded at -128.79.

Return on Total Capital for TLRY is now -17.33, given the latest momentum, and Return on Invested Capital for the company is -37.10. Return on Equity for this stock declined to -82.25, with Return on Assets sitting at -29.43. When it comes to the capital structure of this company, Tilray Inc. [TLRY] has a Total Debt to Total Equity ratio set at 91.28. Additionally, TLRY Total Debt to Total Capital is recorded at 47.72, with Total Debt to Total Assets ending up at 36.08. Long-Term Debt to Equity for the company is recorded at 90.10, with the Long-Term Debt to Total Capital now at 47.10.

Reflecting on the efficiency of the workforce at the company, Tilray Inc. [TLRY] managed to generate an average of -$263,178 per employee. Receivables Turnover for the company is 5.00 with a Total Asset Turnover recorded at a value of 0.23.Tilray Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 1.90.

Tilray Inc. [TLRY]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Tilray Inc. posted -1.73/share EPS, while the average EPS was predicted by analysts to be reported at -0.45/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -284.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for TLRY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Tilray Inc. go to -4.20%.

An analysis of insider ownership at Tilray Inc. [TLRY]

There are presently around $616 million, or 17.60% of TLRY stock, in the hands of institutional investors. The top three institutional holders of TLRY stocks are: ETF MANAGERS GROUP, LLC with ownership of 6,973,209, which is approximately 7.853% of the company’s market cap and around 6.10% of the total institutional ownership; MIRAE ASSET GLOBAL INVESTMENTS CO., LTD., holding 2,198,166 shares of the stock with an approximate value of $53.55 million in TLRY stocks shares; and MILLENNIUM MANAGEMENT LLC, currently with $32.4 million in TLRY stock with ownership of nearly 1584.818% of the company’s market capitalization.

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Positions in Tilray Inc. stocks held by institutional investors increased at the end of February and at the time of the February reporting period, where 131 institutional holders increased their position in Tilray Inc. [NASDAQ:TLRY] by around 11,691,363 shares. Additionally, 54 investors decreased positions by around 3,133,780 shares, while 50 investors held positions by with 10,450,478 shares. The mentioned changes placed institutional holdings at 25,275,621 shares, according to the latest SEC report filing. TLRY stock had 75 new institutional investments in for a total of 6,863,164 shares, while 26 institutional investors sold positions of 775,965 shares during the same period.

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