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TerrAscend Corp (TSE:TSND)
TSX:TSND
TerrAscend Corp (TSND) Stock Price & Analysis
157 Followers
TSND Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$1.72 - C$3.21
Previous CloseC$2.29
Volume147.79K
Average Volume (3M)331.17K
Market Cap
C$840.66M
Enterprise ValueC$1.17B
Total Cash (Recent Filing)$24.15M
Total Debt (Recent Filing)$262.15M
Price to Earnings (P/E)-5.0
Beta1.35
Next Earnings
May 09, 2024EPS Estimate
-C$0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.46
Shares Outstanding291,215,585
10 Day Avg. Volume235,064
30 Day Avg. Volume331,170
Standard Deviation0.21
R-Squared0.17
Alpha-0.00960
Financial Highlights & Ratios
Price to Book (P/B)-6.35
Price to Sales (P/S)2.10
Price to Cash Flow (P/CF)13.50
P/FCF Ratio8.30
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.71
Enterprise Value/Gross Profit7.31
Enterprise Value/Ebitda21.37
Forecast
1Y Price Target
C$4.05Price Target Upside76.86% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
TerrAscend Corp News
PremiumCompany Announcements
TerrAscend Debuts Legend Mini Pre-Rolls in NJ
PremiumPress Releases
Sometimes Legends Come in Small PackagesPremiumCompany Announcements
TerrAscend Announces Q1 2024 Earnings Call
PremiumCompany Announcements
TerrAscend’s Record Growth and Positive Cash Flow in 2023
Bulls Say, Bears Say
Bulls Say
Financial HealthTerrAscend continues to strengthen its financial position by generating solid cash flow, enabling the company to consistently pay down debt.
Growth PotentialThe company's wholesale segment shows robust growth potential, expanding 14% and signaling further expansion with high expectations for future performance.
Product ExpansionTerrAscend's strategic move into higher-margin derivative products is set to enhance its product lineup, promising a boost to operating leverage and overall profit margins.
Bears Say
Financial PerformanceTerrAscend Corp. reported softer-than-expected Q423 results with margin pressure in Maryland due to a temporary cultivation issue and investments in ramping manufacturing capacity.
Margin ImpactThe margin impact from the Maryland issues is likely to persist in the Q124 results, affecting near-term financial performance.
Revenue ForecastManagement expects revenue to decline by 5-7%, suggesting sales below prior forecasts and consensus.
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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 May 09, 2024 which is in 13 days.
How were TerrAscend Corp’s earnings last quarter?
TerrAscend Corp released its earnings results on Mar 14, 2024. The company reported -C$0.248 earnings per share for the quarter, missing the consensus estimate of -C$0.019 by -C$0.229.
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$0.03.
How many shares outstanding does TerrAscend Corp have?
TerrAscend Corp has 291,215,580 shares outstanding.
What happened to TerrAscend Corp’s price movement after its last earnings report?
TerrAscend Corp reported an EPS of -C$0.248 in its last earnings report, missing expectations of -C$0.019. Following the earnings report the stock price went up 10.698%.
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
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
C$4.05 (76.86% Upside)
C$4.05 (76.86% Upside)
Blogger Sentiment
Bullish
TSE:TSND Sentiment 100%
Sector Average 70%
Sector Average 70%
Insider Transactions
Sold Shares
Worth C$162.8K over
the Last 3 Months
the Last 3 Months
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
18.57%
12-Months-Change
Fundamentals
Return on Equity
-32.82%
Trailing 12-Months
Asset Growth
-7.55%
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 Months Forecast
Average Price Target
C$4.05
▲(76.86% Upside)
Technical Analysis
Best Analysts Covering TSND
1 Year
1 Year Success Rate
13/30 ratings generated profit
1 Year Average Return
+25.35%
reiterated a buy rating 6 months ago
Copying Noel Atkinson's trades and holding each position for 1 Year would result in 43.33% of your transactions generating a profit, with an average return of +25.35% per trade.
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