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Verano Holdings (VRNOF)
OTHER OTC:VRNOF
Verano Holdings (VRNOF) Stock Price & Analysis
211 Followers
VRNOF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.53 - $7.08
Previous Close$5.2
Volume240.04K
Average Volume (3M)443.17K
Market Cap
$1.60B
Enterprise Value$1.94B
Total Cash (Recent Filing)$193.80M
Total Debt (Recent Filing)$540.94M
Price to Earnings (P/E)-16.5
Beta0.96
Next Earnings
Aug 06, 2024EPS Estimate
-$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.32
Shares Outstanding344,074,096
10 Day Avg. Volume904,795
30 Day Avg. Volume443,169
Standard Deviation0.17
R-Squared0.13
Alpha-0.03
Financial Highlights & Ratios
Price to Book (P/B)-32.19
Price to Sales (P/S)7.54
Price to Cash Flow (P/CF)14.50
P/FCF Ratio43.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.08
Enterprise Value/Gross Profit4.09
Enterprise Value/Ebitda8.60
Forecast
1Y Price Target
$9.07Price Target Upside86.24% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
Verano Holdings News
PremiumCompany Announcements
Verano Holdings to Engage in Industry Conferences
PremiumCompany Announcements
Verano Opens Landmark Dispensary in Central Florida
PremiumCompany Announcements
Verano Holdings Reports Solid Q1 Amid Growth Potential
PremiumCompany Announcements
Verano Expands Connecticut Presence with New Dispensary
Bulls Say, Bears Say
Bulls Say
Financial PerformanceVerano Holdings Corp. reported solid results, with sales exceeding forecasts and a strong wholesale performance, indicating a robust financial health.
Growth OpportunitiesVerano has robust organic growth opportunities, with potential benefits from adult-use cannabis sales in multiple states and a healthy wholesale pipeline.
Valuation And Financial StrengthVerano trades at a discount compared to peers, suggesting a potential undervaluation, and its financial strength provides a range of growth options.
Bears Say
Financial PerformanceRetail sales fell below estimates, indicating a potential weakening in consumer demand.
Market CompetitionVerano's revenue in New Jersey saw a decline due to increased competition and new third party store openings.
Profitability ConcernsMargins retreated more than expected due to inventory liquidation which may have pressured gross margins.
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Ownership Overview
24.28% Insiders
2.05% Mutual Funds
0.14% Other Institutional Investors
73.53% 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 Aug 06, 2024 which is in 77 days.
How were Verano Holdings’s earnings last quarter?
Verano Holdings released its earnings results on May 08, 2024. The company reported -$0.01 earnings per share for the quarter, beating the consensus estimate of -$0.037 by $0.027.
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 344,163,150 shares outstanding.
What happened to Verano Holdings’s price movement after its last earnings report?
Verano Holdings reported an EPS of -$0.01 in its last earnings report, beating expectations of -$0.037. Following the earnings report the stock price went down -1.01%.
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:
$9.07 (86.24% Upside)
$9.07 (86.24% Upside)
Blogger Sentiment
Bullish
VRNOF Sentiment 87%
Sector Average 70%
Sector Average 70%
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 8.1%
Last 30 Days ▼ 8.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
76.87%
12-Months-Change
Fundamentals
Return on Equity
-8.41%
Trailing 12-Months
Asset Growth
-2.28%
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
Q1 2024
0:00 / 0:00
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VRNOF Stock 12 Month Forecast
Average Price Target
$9.07
▲(86.24% Upside)
Technical Analysis
Best Analysts Covering VRNOF
1 Year
1 Year Success Rate
10/24 ratings generated profit
1 Year Average Return
-15.09%
reiterated a buy rating 13 days ago
Copying Andrew Semple's trades and holding each position for 1 Year would result in 41.67% of your transactions generating a profit, with an average return of -15.09% per trade.
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