Green Thumb Industries Inc. (OTC:GTBIF - Free Report) - Equities researchers at Cormark reduced their FY2024 earnings per share estimates for shares of Green Thumb Industries in a note issued to investors on Monday, November 11th. Cormark analyst J. Pytlak now anticipates that the company will earn $0.33 per share for the year, down from their prior forecast of $0.38. The consensus estimate for Green Thumb Industries' current full-year earnings is $0.32 per share. Cormark also issued estimates for Green Thumb Industries' FY2025 earnings at $0.40 EPS.
Several other research analysts have also weighed in on the stock. Roth Capital upgraded shares of Green Thumb Industries to a "strong-buy" rating in a research note on Sunday. Craig Hallum upgraded Green Thumb Industries to a "strong-buy" rating in a report on Monday, September 16th. Finally, Ventum Cap Mkts upgraded shares of Green Thumb Industries to a "strong-buy" rating in a research note on Tuesday, August 6th.
Check Out Our Latest Stock Analysis on Green Thumb Industries
Green Thumb Industries Trading Up 8.4 %
OTC GTBIF traded up $0.75 during trading hours on Wednesday, hitting $9.70. The company had a trading volume of 721,685 shares, compared to its average volume of 465,876. Green Thumb Industries has a fifty-two week low of $7.50 and a fifty-two week high of $16.33. The company has a market cap of $2.05 billion, a price-to-earnings ratio of 33.15 and a beta of 1.40. The business has a fifty day moving average of $10.24.
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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