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Cannabist Company Holdings (CBSTF)
OTHER OTC:CBSTF
RESEARCH TOOLSreports
Cannabist Company Holdings (CBSTF) Stock Price & Analysis
451 Followers
CBSTF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.21 - $1.50
Previous Close$0.26
Volume671.55K
Average Volume (3M)1.35M
Market Cap
$166.75M
Enterprise Value$676.83M
Total Cash (Recent Filing)$35.76M
Total Debt (Recent Filing)$547.60M
Price to Earnings (P/E)-0.6
Beta1.32
Next Earnings
May 09, 2024EPS Estimate
-$0.05Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.43
Shares Outstanding448,216,620
10 Day Avg. Volume634,448
30 Day Avg. Volume1,351,997
Standard Deviation0.24
R-Squared0.12
Alpha-0.04
Financial Highlights & Ratios
Price to Book (P/B)-11.88
Price to Sales (P/S)0.20
Price to Cash Flow (P/CF)3.10
P/FCF Ratio2.40
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.32
Enterprise Value/Gross Profit3.76
Enterprise Value/Ebitda-7.01
Forecast
1Y Price Target
$1.19Price Target Upside357.45% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Cannabist Company Holdings News
PremiumCompany Announcements
Cannabist Company Secures $25.75M in Private Offering
PremiumCompany Announcements
Cannabist Company’s Strategic Capital Raise
Bulls Say, Bears Say
Bulls Say
Cost Savings & Debt ManagementThe Company's successful achievement of $38 million in annualized cost savings, coupled with effective debt reduction and a share repurchase program, signals a strong commitment to enhancing shareholder value.
Facility Utilization & Market ExpansionThe Cannabist Company's underutilized facilities have clear catalysts for improved demand, with a slowdown in inventory liquidation likely to lead to margin enhancements as adult-use cannabis sales begin in key states.
Financial Performance & Cash FlowAnalysts anticipate the Company to approach a breakeven cash burn rate, expecting a positive GAAP operating cash flow for the full year, marking a significant milestone in financial stability.
Bears Say
Cashflow UncertaintyThere is considerable uncertainty with the cashflow outlook, as management did not reaffirm store opening timelines or the pace of margin recovery.
Financial PerformanceThe Cannabist Company reported results that fell short of EBITDA estimates with ongoing margin pressure from underutilized facilities and inventory liquidation.
Liquidity ConcernsThe Company has a narrow margin of safety on its current liquidity position, with significant cash earmarked for debt maturing soon, indicating potential financial stress.
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Ownership Overview
19.02% Insiders
0.09% Mutual Funds
0.11% Other Institutional Investors
80.78% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
CBSTF FAQ
What was Cannabist Company Holdings’s price range in the past 12 months?
Cannabist Company Holdings lowest stock price was $0.21 and its highest was $1.50 in the past 12 months.
What is Cannabist Company Holdings’s market cap?
Currently, no data Available
When is Cannabist Company Holdings’s upcoming earnings report date?
Cannabist Company Holdings’s upcoming earnings report date is May 09, 2024 which is in 11 days.
How were Cannabist Company Holdings’s earnings last quarter?
Cannabist Company Holdings released its earnings results on Mar 13, 2024. The company reported -$0.18 earnings per share for the quarter, missing the consensus estimate of -$0.058 by -$0.122.
Is Cannabist Company Holdings overvalued?
According to Wall Street analysts Cannabist Company Holdings’s price is currently Undervalued.
Does Cannabist Company Holdings pay dividends?
Cannabist Company Holdings does not currently pay dividends.
What is Cannabist Company Holdings’s EPS estimate?
Cannabist Company Holdings’s EPS estimate is -$0.05.
How many shares outstanding does Cannabist Company Holdings have?
Cannabist Company Holdings has 448,216,600 shares outstanding.
What happened to Cannabist Company Holdings’s price movement after its last earnings report?
Cannabist Company Holdings reported an EPS of -$0.18 in its last earnings report, missing expectations of -$0.058. Following the earnings report the stock price went down -8%.
Which hedge fund is a major shareholder of Cannabist Company Holdings?
Currently, no hedge funds are holding shares in CBSTF
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Cannabist Company Holdings Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$1.19 (357.45% Upside)
$1.19 (357.45% Upside)
Blogger Sentiment
Bullish
CBSTF Sentiment 100%
Sector Average 70%
Sector Average 70%
Insider Transactions
Bought Shares
Worth $74.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.5%
Last 30 Days ▼ 3.2%
Last 30 Days ▼ 3.2%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-43.23%
12-Months-Change
Fundamentals
Return on Equity
-125.44%
Trailing 12-Months
Asset Growth
-17.25%
Trailing 12-Months
Company Description
Cannabist Company Holdings
Columbia Care, Inc. engages in the cultivation, manufacture and provision of medical cannabis products and services. It distributes its products under the EleCeed, TheraCeed, and ClaraCeed brands. The company was founded by Nicholas Vita and Michael Abbott in 2012 and is headquartered in New York, NY.
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CBSTF Company Deck
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CBSTF Earnings Call
Q4 2024
0:00 / 0:00
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CBSTF Stock 12 Months Forecast
Average Price Target
$1.19
▲(357.45% Upside)
Technical Analysis
Best Analysts Covering CBSTF
1 Year
1 Year Success Rate
8/17 ratings generated profit
1 Year Average Return
+18.62%
reiterated a buy rating 2 months ago
Copying Matt Bottomley's trades and holding each position for 1 Year would result in 47.06% of your transactions generating a profit, with an average return of +18.62% per trade.
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