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TerrAscend Corp (TSE:TSND)
TSX:TSND
TerrAscend Corp (TSND) Stock Price & Analysis
173 Followers
TSND Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$1.72 - C$3.21
Previous CloseC$2.05
Volume87.32K
Average Volume (3M)291.34K
Market Cap
C$727.75M
Enterprise ValueC$1.04B
Total Cash (Recent Filing)$24.63M
Total Debt (Recent Filing)$250.92M
Price to Earnings (P/E)―
Beta1.31
Next Earnings
Aug 22, 2024EPS Estimate
-C$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.41
Shares Outstanding291,215,585
10 Day Avg. Volume219,043
30 Day Avg. Volume291,343
Standard Deviation0.22
R-Squared0.16
Alpha-0.00576
Financial Highlights & Ratios
Price to Book (P/B)-4.97
Price to Sales (P/S)1.88
Price to Cash Flow (P/CF)8.50
P/FCF Ratio2.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.17
Enterprise Value/Gross Profit6.51
Enterprise Value/Ebitda69.31
Forecast
1Y Price Target
C$4.20Price Target Upside98.11% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering6
TerrAscend Corp News
PremiumCompany Announcements
TerrAscend Opens 20th Michigan Dispensary
PremiumCompany Announcements
TerrAscend to Engage in Major May Conferences
PremiumCompany Announcements
TerrAscend’s Q1 2024: Revenue and EBITDA Climb
PremiumCompany Announcements
TerrAscend Debuts Legend Mini Pre-Rolls in NJBulls Say, Bears Say
Bulls Say
Financial PerformanceTerrAscend generated $10.3M of Free Cash Flow and ended the quarter with a cash balance of $25.8M.
Operational EfficiencyThe Company recognized its seventh consecutive quarter of operating cashflow generation.
Strategic GrowthPotential growth drivers include Pennsylvania legalizing adult-use cannabis and the ramping of its Maryland cultivation facility.
Bears Say
Financial PerformanceTerrAscend Corp. reported softer-than-expected Q423 results with margin pressure due to a temporary cultivation issue and investments in ramping manufacturing capacity.
Future OutlookManagement expects revenue to decline by 5-7%, suggesting sales below prior forecasts and consensus.
Market CompetitionRetail sales continued to face pressure from heightened competition in New Jersey.
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TSND FAQ
What was TerrAscend Corp’s price range in the past 12 months?
TerrAscend Corp lowest stock price was C$1.72 and its highest was C$3.21 in the past 12 months.
What is TerrAscend Corp’s market cap?
Currently, no data Available
When is TerrAscend Corp’s upcoming earnings report date?
TerrAscend Corp’s upcoming earnings report date is Aug 22, 2024 which is in 83 days.
How were TerrAscend Corp’s earnings last quarter?
TerrAscend Corp released its earnings results on May 09, 2024. The company reported -C$0.082 earnings per share for the quarter, missing the consensus estimate of -C$0.029 by -C$0.054.
Is TerrAscend Corp overvalued?
According to Wall Street analysts TerrAscend Corp’s price is currently Undervalued.
Does TerrAscend Corp pay dividends?
TerrAscend Corp does not currently pay dividends.
What is TerrAscend Corp’s EPS estimate?
TerrAscend Corp’s EPS estimate is -C$0.02.
How many shares outstanding does TerrAscend Corp have?
TerrAscend Corp has 291,507,420 shares outstanding.
What happened to TerrAscend Corp’s price movement after its last earnings report?
TerrAscend Corp reported an EPS of -C$0.082 in its last earnings report, missing expectations of -C$0.029. Following the earnings report the stock price went down -1.732%.
Which hedge fund is a major shareholder of TerrAscend Corp?
Currently, no hedge funds are holding shares in TSE:TSND
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TerrAscend Corp Stock Smart Score
Underperform
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Analyst Consensus
Strong Buy
Average Price Target:
C$4.20 (98.11% Upside)
C$4.20 (98.11% Upside)
Blogger Sentiment
Bullish
TSE:TSND Sentiment 100%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth C$161.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-4.20%
12-Months-Change
Fundamentals
Return on Equity
-32.93%
Trailing 12-Months
Asset Growth
-6.57%
Trailing 12-Months
Company Description
TerrAscend Corp
TerrAscend Corp is a company focused on creating and delivering quality cannabis products and services that meet the evolving needs of patients. It also provides education and support programs to physicians and patients through healthcare professionals. It has one operating segment, being the Cultivation and Sale of Cannabis, with subsidiaries located in Canada and the United States.
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TSND Stock 12 Month Forecast
Average Price Target
C$4.20
▲(98.11% Upside)
Technical Analysis
Best Analysts Covering TSND
1 Year
1 Year Success Rate
4/11 ratings generated profit
1 Year Average Return
+1.85%
assigned a buy rating 10 months ago
Copying Andrew Partheniou's trades and holding each position for 1 Year would result in 36.36% of your transactions generating a profit, with an average return of +1.85% per trade.
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