Green Thumb Industries Inc. (OTCMKTS:GTBIF - Free Report) - Stock analysts at Alliance Global Partners cut their FY2024 EPS estimates for Green Thumb Industries in a report released on Friday, November 8th. Alliance Global Partners analyst A. Grey now forecasts that the company will post earnings per share of $0.31 for the year, down from their previous estimate of $0.33. The consensus estimate for Green Thumb Industries' current full-year earnings is $0.32 per share. Alliance Global Partners also issued estimates for Green Thumb Industries' Q4 2024 earnings at $0.05 EPS, Q1 2025 earnings at $0.04 EPS, Q2 2025 earnings at $0.04 EPS, Q3 2025 earnings at $0.05 EPS, Q4 2025 earnings at $0.05 EPS and FY2025 earnings at $0.19 EPS.
Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last announced its quarterly earnings data on Thursday, November 7th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by ($0.02). The firm had revenue of $286.87 million during the quarter, compared to analysts' expectations of $283.96 million. Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%.
GTBIF has been the subject of a number of other reports. Craig Hallum raised shares of Green Thumb Industries to a "strong-buy" rating in a research note on Monday, September 16th. Ventum Cap Mkts raised shares of Green Thumb Industries to a "strong-buy" rating in a research note on Tuesday, August 6th. Three analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat, Green Thumb Industries currently has a consensus rating of "Buy" and an average price target of $16.50.
Check Out Our Latest Stock Report on Green Thumb Industries
Green Thumb Industries Stock Performance
Shares of OTCMKTS GTBIF traded down $1.12 during midday trading on Monday, reaching $7.80. The stock had a trading volume of 1,941,637 shares, compared to its average volume of 462,275. The stock has a 50-day moving average of $10.26 and a 200-day moving average of $11.14. The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of 28.90 and a beta of 1.40. Green Thumb Industries has a 12-month low of $7.50 and a 12-month high of $16.33.
Green Thumb Industries Company Profile
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Green Thumb Industries Inc manufactures, distributes, markets, and sells of cannabis products for medical and adult-use in the United States. It operates through two segments, Retail and Consumer Packaged Goods. The company offers cannabis flower; processed and packaged products, including pre-rolls, concentrates, vapes, capsules, tinctures, edibles, topicals, and other cannabis-related products under the &Shine, Beboe, Dogwalkers, Doctor Solomon's, Good Green, incredibles, and RHYTHM brands.
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