Tilray Brands Inc [TLRY] stock is trading at $1.43, down -3.38%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The TLRY shares have gain 23.28% over the last week, with a monthly amount glided 5.15%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Tilray Brands Inc [NASDAQ: TLRY] stock has seen the most recent analyst activity on April 05, 2024, when Alliance Global Partners reiterated its Neutral rating and also boosted its price target to $2.75 from $2.25. Previously, Bernstein started tracking the stock with Mkt Perform rating on November 02, 2022, and set its price target to $3.90. On July 29, 2022, downgrade downgraded it’s rating to Sell but maintained its price target of $3 on the stock. Canaccord Genuity upgraded its rating to a Buy but stick to its price target of $9 on March 04, 2022. Barclays initiated its recommendation with a Underweight and recommended $10 as its price target on November 18, 2021. Cantor Fitzgerald downgraded its rating to Neutral for this stock on November 01, 2021, and downed its price target to $11.80. In a note dated June 11, 2021, CIBC downgraded an Neutral rating on this stock but restated the target price of $25.
Tilray Brands Inc [TLRY] stock has fluctuated between $1.14 and $2.97 over the past year. Currently, Wall Street analysts expect the stock to reach $2.25 within the next 12 months. Tilray Brands Inc [NASDAQ: TLRY] shares were valued at $1.43 at the most recent close of the market. An investor can expect a potential return of 57.34% based on the average TLRY price forecast.
Analyzing the TLRY fundamentals
Tilray Brands Inc [NASDAQ:TLRY] reported sales of 812.04M for the trailing twelve months, which represents a growth of 13.05%. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at -0.16%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.26%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.06 and Total Capital is -0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.3733 points at the first support level, and at 1.3167 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5033, and for the 2nd resistance point, it is at 1.5767.
Ratios To Look Out For
For context, Tilray Brands Inc’s Current Ratio is 2.47. As well, the Quick Ratio is 1.57, while the Cash Ratio is 0.7. Considering the valuation of this stock, the price to sales ratio is 1.54, the price to book ratio is 0.36.
Transactions by insiders
Recent insider trading involved Merton Carl A, Chief Financial Officer, that happened on Nov 15 ’24 when 26000.0 shares were purchased. Chief Strategy Officer, FALTISCHEK DENISE M completed a deal on Jan 17 ’24 to buy 10000.0 shares. Meanwhile, Global General Counsel Gendel Mitchell bought 7200.0 shares on Jan 16 ’24.
