Tilray (NASDAQ:TLRY - Get Free Report) posted its quarterly earnings results on Tuesday. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.06), Zacks reports. The firm had revenue of $185.78 million for the quarter, compared to analysts' expectations of $213.38 million. Tilray had a negative net margin of 30.95% and a negative return on equity of 4.40%. Tilray updated its FY 2025 guidance to EPS.
Tilray Stock Down 3.6 %
NASDAQ:TLRY traded down $0.02 during trading hours on Friday, hitting $0.49. The stock had a trading volume of 22,827,649 shares, compared to its average volume of 29,491,812. Tilray has a 1-year low of $0.44 and a 1-year high of $2.52. The business has a 50 day simple moving average of $0.73 and a two-hundred day simple moving average of $1.17. The company has a current ratio of 2.54, a quick ratio of 1.58 and a debt-to-equity ratio of 0.10. The company has a market cap of $457.01 million, a PE ratio of -1.62 and a beta of 1.88.
Analyst Ratings Changes
A number of brokerages have weighed in on TLRY. Canaccord Genuity Group lifted their price target on shares of Tilray from $2.00 to $3.00 and gave the company a "buy" rating in a research report on Monday, January 13th. Piper Sandler decreased their price target on shares of Tilray from $2.00 to $1.00 and set a "neutral" rating for the company in a research report on Wednesday.
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Tilray Company Profile
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Tilray, Inc engages in the research, cultivation, processing, and distribution of medical cannabis. The company offers its products in Argentina, Australia, Canada, Chile, Croatia, Cyprus, the Czech Republic, Germany, New Zealand, and South Africa. Tilray, Inc is headquartered in Canada.
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