Tilray Brands Inc [NASDAQ: TLRY] plunged by -$0.09 during the normal trading session on Monday and reaching a high of $1.45 during the day while it closed the day at $1.38.
Tilray Brands Inc stock has also gained 20.00% of its value over the past 7 days. However, TLRY stock has inclined by 224.17% in the 3 months of the year. Over the past six months meanwhile, it has gained 87.76% and lost -21.14% year-on date.
The market cap for TLRY stock reached $1.52 billion, with 1.10 billion shares outstanding and 1.09 billion shares in the current float. Compared to the average trading volume of 54.49M shares, TLRY reached a trading volume of 50332221 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Tilray Brands Inc [TLRY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for TLRY shares is $0.93 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 2.60. 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.
Alliance Global Partners have made an estimate for Tilray Brands Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on April 05, 2024. While these analysts kept the previous recommendation, Bernstein raised their target price to Mkt Perform. The new note on the price target was released on November 02, 2022, representing the official price target for Tilray Brands Inc stock. Previously, the target price had yet another raise to $3, while The Benchmark Company analysts kept a Sell rating on TLRY stock.
The Price to Book ratio for the last quarter was 0.97, with the Price to Cash per share for the same quarter was set at 0.23.
TLRY stock trade performance evaluation
Tilray Brands Inc [TLRY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 20.00. With this latest performance, TLRY shares gained by 137.56% in over the last four-week period, additionally plugging by 87.76% over the last 6 months – not to mention a rise of 3.76% 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 66.70, with the RSI for the last a single of trading hit 0.1405, and the three-weeks RSI is set at 0.1161 for Tilray Brands Inc [TLRY]. The present Moving Average for the last 50 days of trading for this stock 0.7587, while it was recorded at 1.4120 for the last single week of trading, and 0.8259 for the last 200 days.
Tilray Brands Inc [TLRY]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Tilray Brands Inc [TLRY] shares currently have an operating margin of -13.13% and a Gross Margin at 18.50%. Tilray Brands Inc’s Net Margin is presently recorded at -266.25%.
Tilray Brands Inc (TLRY) Capital Structure & Debt Analysis
According to recent financial data for Tilray Brands Inc. ( TLRY), the Return on Equity (ROE) stands at -88.27%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -67.79%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Tilray Brands Inc’s Return on Invested Capital (ROIC) is -120.73%, showcasing its effectiveness in deploying capital for earnings.
Tilray Brands Inc (TLRY) Efficiency & Liquidity Metrics
Based on Tilray Brands Inc’s (TLRY) latest financial statements, the Debt-to-Equity Ratio is 0.22%, indicating its reliance on debt financing relative to shareholder equity.
Tilray Brands Inc (TLRY) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Tilray Brands Inc. (TLRY) effectively leverages its workforce, generating an average of -$769437.02 per employee. The company’s liquidity position is robust, with a Current Ratio of 2.46% and a Quick Ratio of 1.49%, indicating strong ability to cover short-term liabilities.
Earnings per share (EPS) analysis for Tilray Brands Inc [TLRY] stock
With the latest financial reports released by the company, Tilray Brands Inc posted -0.01/share EPS, while the average EPS was predicted by analysts to be reported at -0.03/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.02. 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 Brands Inc go to 83.21%.
Tilray Brands Inc [TLRY]: Institutional Ownership
There are presently around $10.02%, or 10.11%% of TLRY stock, in the hands of institutional investors. The top three institutional holders of TLRY stocks are: TOROSO INVESTMENTS, LLC with ownership of 11.01 million shares, which is approximately 1.3875%. SUSQUEHANNA INTERNATIONAL GROUP, LLP, holding 8.38 million shares of the stock with an approximate value of $$13.92 million in TLRY stocks shares; and SUSQUEHANNA INTERNATIONAL GROUP, LLP, currently with $$9.43 million in TLRY stock with ownership which is approximately 0.716%.
