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Verano Holdings (VRNOF)
OTHER OTC:VRNOF
Verano Holdings (VRNOF) Stock Price & Analysis
197 Followers
VRNOF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.53 - $7.08
Previous Close$4.9
Volume15.31K
Average Volume (3M)402.97K
Market Cap
$1.59B
Enterprise Value$1.94B
Total Cash (Recent Filing)$174.76M
Total Debt (Recent Filing)$542.79M
Price to Earnings (P/E)-15.0
Beta1.00
Next Earnings
May 08, 2024EPS Estimate
-$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.33
Shares Outstanding344,074,096
10 Day Avg. Volume328,084
30 Day Avg. Volume402,969
Standard Deviation0.17
R-Squared0.15
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)-22.17
Price to Sales (P/S)7.11
Price to Cash Flow (P/CF)13.30
P/FCF Ratio7.50
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.07
Enterprise Value/Gross Profit4.08
Enterprise Value/Ebitda8.10
Forecast
1Y Price Target
$8.99Price Target Upside81.25% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Verano Holdings News
PremiumCompany Announcements
Verano Holdings Announces Q1 2024 Financials Release
PremiumCompany Announcements
Verano Holdings Unveils Long-Term Cash Incentive Plan
PremiumCompany Announcements
Verano Holdings Unveils Exclusive Cabbage ClubBulls Say, Bears Say
Bulls Say
Financial StrengthVerano has a robust balance sheet with a healthy cash reserve, plans to pay down debt which will result in interest savings, and has a clear strategy for capital deployment.
Market ExpansionWith potential adult-use cannabis reform in Florida, Verano is well-positioned to capitalize on the market expansion should the legislation pass.
Revenue GrowthVerano Holdings Corp. exceeded revenue forecasts generating $237.2M in the quarter, with both retail and wholesale segment revenues outperforming expectations.
Bears Say
Competition & Market DynamicsVerano's revenue in New Jersey saw a decline due to increased competition and new third party store openings.
Financial PerformanceVerano's gross margin declined significantly, which signals potential challenges in maintaining profitability.
Future OutlookManagement expects a revenue decline in upcoming quarters, influenced by factors such as construction activity and intensified retail competition.
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Ownership Overview
24.28% Insiders
1.87% Mutual Funds
0.09% Other Institutional Investors
73.76% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
VRNOF FAQ
What was Verano Holdings’s price range in the past 12 months?
Verano Holdings lowest stock price was $2.53 and its highest was $7.08 in the past 12 months.
What is Verano Holdings’s market cap?
Currently, no data Available
When is Verano Holdings’s upcoming earnings report date?
Verano Holdings’s upcoming earnings report date is May 08, 2024 which is in 19 days.
How were Verano Holdings’s earnings last quarter?
Verano Holdings released its earnings results on Feb 29, 2024. The company reported -$0.205 earnings per share for the quarter, missing the consensus estimate of -$0.027 by -$0.178.
Is Verano Holdings overvalued?
According to Wall Street analysts Verano Holdings’s price is currently Undervalued.
Does Verano Holdings pay dividends?
Verano Holdings does not currently pay dividends.
What is Verano Holdings’s EPS estimate?
Verano Holdings’s EPS estimate is -$0.04.
How many shares outstanding does Verano Holdings have?
Verano Holdings has 344,074,100 shares outstanding.
What happened to Verano Holdings’s price movement after its last earnings report?
Verano Holdings reported an EPS of -$0.205 in its last earnings report, missing expectations of -$0.027. Following the earnings report the stock price went down -3.717%.
Which hedge fund is a major shareholder of Verano Holdings?
Currently, no hedge funds are holding shares in VRNOF
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Verano Holdings Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$8.99 (81.25% Upside)
$8.99 (81.25% Upside)
Blogger Sentiment
Bullish
VRNOF Sentiment 87%
Sector Average 70%
Sector Average 70%
Crowd Wisdom
Very Negative
Last 7 Days ▲ 0.6%
Last 30 Days ▼ 5.3%
Last 30 Days ▼ 5.3%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
75.00%
12-Months-Change
Fundamentals
Return on Equity
-8.73%
Trailing 12-Months
Asset Growth
-2.98%
Trailing 12-Months
Company Description
Verano Holdings
Verano Holdings Corp is a vertically-integrated multi-state cannabis operator in the United States. The company operates licensed cannabis cultivation, processing, and retail facilities. It produces a full suite of premium, artisanal cannabis products sold under a trusted portfolio of consumer brands: Encore, MUV, Avexia, and Verano.
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VRNOF Company Deck
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VRNOF Earnings Call
Q4 2024
0:00 / 0:00
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VRNOF Stock 12 Months Forecast
Average Price Target
$8.99
▲(81.25% Upside)
Technical Analysis
Best Analysts Covering VRNOF
1 Year
1 Year Success Rate
8/23 ratings generated profit
1 Year Average Return
-18.10%
reiterated a buy rating 2 months ago
Copying Andrew Semple's trades and holding each position for 1 Year would result in 34.78% of your transactions generating a profit, with an average return of -18.10% per trade.
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