Next quarter’s earnings estimate for GTMS is -C$0.27 with a range of -C$0.27 to -C$0.27. The previous quarter’s EPS was -C$0.40. GTMS beat its EPS estimate 33.33% of the time in the past 12 months, while its overall industry beat the EPS estimate 38.14% of the time in the same period. In the last calendar year GTMS has Underperformed its overall industry.

GTMS Sales Forecast

Next quarter’s sales forecast for GTMS is C$25.95M with a range of C$25.61M to C$26.29M. The previous quarter’s sales results were C$24.64M. GTMS beat its sales estimates 66.67% of the time in past 12 months, while its overall industry beat sales estimates 35.15% of the time in the same period. In the last calendar year GTMS has Outperformed its overall industry.

Detailed List of Analyst Forecasts

David Martin PhD

Bloom Burton

C$1.78

Buy

83.29%

Upside

Reiterated

05/17/23

We do forecast that Greenbrook will need to raise additional capital prior to reaching positive cash flow. Our model envisions $12M more of debt drawn this year, and an equity raise of $20M in 2024.

Justin Keywood

Stifel Nicolaus

C$1.71

Buy

76.24%

Upside

Reiterated

05/16/23

We view GTMS as offering important mental health services with few other ways to gain exposure to new novel therapies. However, the company is currently navigating balance sheet challenges with a significant amount of liabilities and limited cash. Q1 results showed good growth in sales at YoY, vs. estimates at US$19.5mm, reflecting a large loss of US$9.2mm with a current restructuring. GTMS ended the quarter with US$8mm in cash and is seeking additional financing with US$70mm of debt (excl. leases) and expected cash burn in the near-term with the ongoing restructuring. We still hold the view that GTMS can navigate the current liquidity challenge, but we factor in rising risks, reflective in a speculative rating.

Tania Armstrong-Whitworth

Canaccord Genuity

C$1.03

Hold

5.75%

Upside

Downgraded

04/19/23

Greenbrook TMS downgraded to Hold from Speculative Buy at CanaccordGreenbrook TMS downgraded to Hold from Speculative Buy at Canaccord

Frank Takkinen

Lake Street

C$4.10

Buy

322.98%

Upside

Reiterated

04/19/23

Greenbrook TMS price target lowered to $3 from $6 at Lake StreetGreenbrook TMS price target lowered to $3 from $6 at Lake Street

Noel Atkinson

Clarus

C$4.50

Buy

363.92%

Upside

Reiterated

01/19/23

Clarus Sticks to Their Buy Rating for Greenbrook Tms (GBNH)

Best Analysts Covering Greenbrook Tms

Which Analyst Should I Follow If I Want to Buy TSE:GTMS and Sell After:

1 Month

Noel AtkinsonClarus

Success Rate

6/18 ratings generated profit

Average Return

-2.91%

reiterated a buy rating a year ago

Copying Noel Atkinson's trades and holding each position for 1 Month would result in 33.33% of your transactions generating a profit, with an average return of -2.91% per trade.

dummydummy

Success Rate

0/0 ratings generated profit

Average Return

0.00%

a rating ―

Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.

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3 Months

Justin KeywoodStifel Nicolaus

Success Rate

5/16 ratings generated profit

Average Return

-5.90%

reiterated a buy rating 12 months ago

Copying Justin Keywood's trades and holding each position for 3 Months would result in 31.25% of your transactions generating a profit, with an average return of -5.90% per trade.

dummydummy

Success Rate

0/0 ratings generated profit

Average Return

0.00%

a rating ―

Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.

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1 Year

Justin KeywoodStifel Nicolaus

Success Rate

4/16 ratings generated profit

Average Return

-34.14%

reiterated a buy rating 12 months ago

Copying Justin Keywood's trades and holding each position for 1 Year would result in 25.00% of your transactions generating a profit, with an average return of -34.14% per trade.

2 Years

Justin KeywoodStifel Nicolaus

Success Rate

0/16 ratings generated profit

Average Return

-72.01%

reiterated a buy rating 12 months ago

Copying Justin Keywood's trades and holding each position for 2 Years would result in 0.00% of your transactions generating a profit, with an average return of -72.01% per trade.

dummydummy

Success Rate

0/0 ratings generated profit

Average Return

0.00%

a rating ―

Copying dummy's trades and holding each position for XXXX would result in 0.10% of your transactions generating a profit, with an average return of 0.00% per trade.

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The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

GTMS Analyst Recommendation Trends

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Each month's total comprises the sum of three months' worth of ratings.

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GTMS Stock Forecast FAQ

What is TSE:GTMS’s average 12-month price target, according to analysts?

Currently, no data Available

What is TSE:GTMS’s upside potential, based on the analysts’ average price target?

Currently there's no upside potential for TSE:GTMS, based on the analysts’ average price target.

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Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.

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Is TSE:GTMS a Buy, Sell or Hold?

Currently, no data Available

What is Greenbrook Tms’s price target?

Currently, no data Available

What do analysts say about Greenbrook Tms?

Not enough analysts have published a price target to provide an average price target.

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Greenbrook Tms (GTMS) Stock Forecast & Price Target

GTMS Analyst Ratings

GTMS Stock 12 Month Forecast

GTMS Financial Forecast

GTMS Earnings Forecast

GTMS Sales Forecast

Detailed List of Analyst Forecasts​

Best Analysts Covering Greenbrook Tms

GTMS Analyst Recommendation Trends

GTMS Stock Forecast FAQ

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Detailed List of Analyst Forecasts