FY2025 EPS Estimates for Organigram Cut by Atb Cap Markets

Organigram Holdings Inc. (TSE:OGI - Free Report) - Stock analysts at Atb Cap Markets decreased their FY2025 earnings per share (EPS) estimates for shares of Organigram in a report released on Monday, December 16th. Atb Cap Markets analyst F. Gomes now anticipates that the company will post earnings of ($0.13) per share for the year, down from their previous estimate of ($0.12). The consensus estimate for Organigram's current full-year earnings is $0.16 per share.

Other equities analysts have also recently issued reports about the stock. Canaccord Genuity Group dropped their price target on shares of Organigram from C$3.60 to C$3.15 and set a "speculative buy" rating for the company in a research note on Monday, December 9th. ATB Capital cut their target price on Organigram from C$5.25 to C$3.50 in a research note on Tuesday.

Organigram Trading Down 0.5 %

TSE OGI traded down C$0.01 on Thursday, hitting C$2.09. 173,364 shares of the stock were exchanged, compared to its average volume of 296,019. Organigram has a 52-week low of C$1.61 and a 52-week high of C$3.95. The firm has a market capitalization of C$226.91 million, a P/E ratio of -0.83, a P/E/G ratio of 0.42 and a beta of 1.13. The company has a debt-to-equity ratio of 1.13, a quick ratio of 2.62 and a current ratio of 6.95. The stock has a fifty day moving average price of C$2.26 and a two-hundred day moving average price of C$2.30.

Insider Buying and Selling

In other Organigram news, Senior Officer Paolo De Luca sold 12,014 shares of Organigram stock in a transaction on Thursday, October 24th. The stock was sold at an average price of C$2.52, for a total transaction of C$30,275.28. 31.32% of the stock is currently owned by insiders.

Organigram Company Profile

Organigram Holdings Inc, through its subsidiaries, engages in the production and sale of cannabis and cannabis-derived products in Canada. It offers medical cannabis products, including whole flower, milled flower, pre-rolls, infused pre-rolls, vapes, gummies, and concentrates for medical retailers; adult use recreational cannabis under the SHRED, Holy Mountain, Big Bag O' Buds, Monjour, Trailblazer, SHRED'ems, Edison Cannabis Co, Edison JOLTS, Tremblant, and Laurentian brands.