Green Thumb Industries Inc. (OTCMKTS:GTBIF - Free Report) - Equities research analysts at Ventum Cap Mkts dropped their FY2024 EPS estimates for shares of Green Thumb Industries in a report issued on Friday, November 8th. Ventum Cap Mkts analyst A. Semple now forecasts that the company will post earnings of $0.31 per share for the year, down from their prior forecast of $0.34. Ventum Cap Mkts has a "Strong-Buy" rating on the stock. The consensus estimate for Green Thumb Industries' current full-year earnings is $0.32 per share. Ventum Cap Mkts also issued estimates for Green Thumb Industries' Q4 2024 earnings at $0.06 EPS and FY2025 earnings at $0.25 EPS.
Separately, Craig Hallum upgraded shares of Green Thumb Industries to a "strong-buy" rating in a report on Monday, September 16th. Three equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Green Thumb Industries currently has an average rating of "Buy" and an average price target of $16.50.
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Green Thumb Industries Stock Performance
OTCMKTS:GTBIF traded down $1.12 during midday trading on Monday, reaching $7.80. 1,941,637 shares of the stock traded hands, compared to its average volume of 462,275. The stock has a market capitalization of $1.65 billion, a P/E ratio of 28.90 and a beta of 1.40. The company has a fifty day moving average of $10.26 and a 200 day moving average of $11.14. Green Thumb Industries has a 12 month low of $7.50 and a 12 month high of $16.33.
Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last posted its quarterly earnings results on Thursday, November 7th. The company reported $0.04 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.02). Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. The business had revenue of $286.87 million during the quarter, compared to the consensus estimate of $283.96 million.
About Green Thumb Industries
(
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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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