Green Thumb Industries Inc. (OTCMKTS:GTBIF - Free Report) - Investment analysts at Seaport Res Ptn cut their Q4 2024 earnings per share estimates for shares of Green Thumb Industries in a research note issued on Monday, November 18th. Seaport Res Ptn analyst S. Randhawa now anticipates that the company will post earnings of $0.02 per share for the quarter, down from their prior estimate of $0.04. The consensus estimate for Green Thumb Industries' current full-year earnings is $0.32 per share. Seaport Res Ptn also issued estimates for Green Thumb Industries' Q1 2025 earnings at $0.02 EPS, Q2 2025 earnings at $0.03 EPS and Q4 2025 earnings at $0.04 EPS.
Green Thumb Industries (OTCMKTS:GTBIF - Get Free Report) last issued its quarterly earnings results 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). Green Thumb Industries had a return on equity of 3.39% and a net margin of 5.38%. The company had revenue of $286.87 million during the quarter, compared to the consensus estimate of $283.96 million.
A number of other brokerages also recently commented on GTBIF. Craig Hallum upgraded Green Thumb Industries to a "strong-buy" rating in a research note on Monday, September 16th. Roth Capital raised Green Thumb Industries to a "strong-buy" rating in a research report on Sunday, November 10th. Finally, Ventum Cap Mkts raised shares of Green Thumb Industries to a "strong-buy" rating in a research note on Tuesday, August 6th. Three equities research analysts have rated the stock with a buy rating and three have assigned a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Strong Buy" and an average target price of $16.50.
Read Our Latest Stock Analysis on GTBIF
Green Thumb Industries Trading Down 1.4 %
OTCMKTS GTBIF traded down $0.13 on Tuesday, hitting $9.28. 272,766 shares of the stock traded hands, compared to its average volume of 463,365. The stock has a 50-day moving average of $10.18 and a 200 day moving average of $10.98. Green Thumb Industries has a twelve month low of $7.50 and a twelve month high of $16.33. The company has a market capitalization of $1.96 billion, a P/E ratio of 34.37 and a beta of 1.40.
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.
See Also
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