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Trulieve Cannabis (TCNNF)
OTHER OTC:TCNNF
Trulieve Cannabis (TCNNF) Stock Price & Analysis
2,263 Followers
TCNNF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$3.42 - $14.50
Previous Close$12.25
Volume371.06K
Average Volume (3M)539.92K
Market Cap
$2.29B
Enterprise Value$2.76B
Total Cash (Recent Filing)$320.31M
Total Debt (Recent Filing)$792.33M
Price to Earnings (P/E)-4.7
Beta1.44
Next Earnings
Aug 07, 2024EPS Estimate
-$0.09Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-2.62
Shares Outstanding186,278,480
10 Day Avg. Volume611,972
30 Day Avg. Volume539,923
Standard Deviation0.21
R-Squared0.18
Alpha0.00544
Financial Highlights & Ratios
Price to Book (P/B)172.07
Price to Sales (P/S)1.74
Price to Cash Flow (P/CF)4.40
P/FCF Ratio5.20
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.43
Enterprise Value/Gross Profit4.69
Enterprise Value/Ebitda92.36
Forecast
1Y Price Target
$17.46Price Target Upside42.53% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8
Trulieve Cannabis News
PremiumCompany Announcements
Trulieve Cannabis Gears Up for May 2024 Conferences
PremiumCompany Announcements
Trulieve Launches New Florida Dispensary
Bulls Say, Bears Say
Bulls Say
Financial PerformanceTrulieve Cannabis Corp. reported financial results that were above forecasts, with sales and EBITDA well above forecasts.
Market PositioningTrulieve is well positioned to serve Florida’s potential adult-use market, with idled production capacity and stores ready for increased customer throughput.
Operational EfficiencyStrategic investments in efficiency optimizations at production sites are showing benefits, particularly with automation at the Jefferson County facility.
Bears Say
Geographic ChallengesTrulieve's geographic footprint, anchored in FL, PA, and AZ, has been under pressure for 2 years as price compression reduced revenue and EBITDA.
Market ExpectationsModest quarterly variations in revenue compared to 1Q levels are expected.
Revenue ForecastManagement guided to a low-single-digit quarter over quarter revenue decline in the next quarter, implying sales below prior estimates and consensus.
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Ownership Overview
26.66% Insiders
2.39% Mutual Funds
0.10% Other Institutional Investors
70.85% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Legal & RegulatoryLitigation, compliance, new legislation, and taxation risks
TCNNF FAQ
What was Trulieve Cannabis’s price range in the past 12 months?
Trulieve Cannabis lowest stock price was $3.42 and its highest was $14.50 in the past 12 months.
What is Trulieve Cannabis’s market cap?
Currently, no data Available
When is Trulieve Cannabis’s upcoming earnings report date?
Trulieve Cannabis’s upcoming earnings report date is Aug 07, 2024 which is in 79 days.
How were Trulieve Cannabis’s earnings last quarter?
Trulieve Cannabis released its earnings results on May 09, 2024. The company reported -$0.12 earnings per share for the quarter, missing the consensus estimate of -$0.102 by -$0.018.
Is Trulieve Cannabis overvalued?
According to Wall Street analysts Trulieve Cannabis’s price is currently Undervalued.
Does Trulieve Cannabis pay dividends?
Trulieve Cannabis does not currently pay dividends.
What is Trulieve Cannabis’s EPS estimate?
Trulieve Cannabis’s EPS estimate is -$0.09.
How many shares outstanding does Trulieve Cannabis have?
Trulieve Cannabis has 159,761,120 shares outstanding.
What happened to Trulieve Cannabis’s price movement after its last earnings report?
Trulieve Cannabis reported an EPS of -$0.12 in its last earnings report, missing expectations of -$0.102. Following the earnings report the stock price went up 2.78%.
Which hedge fund is a major shareholder of Trulieve Cannabis?
Currently, no hedge funds are holding shares in TCNNF
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Trulieve Cannabis Stock Smart Score
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$17.46 (42.53% Upside)
$17.46 (42.53% Upside)
Blogger Sentiment
Bullish
TCNNF Sentiment 86%
Sector Average 70%
Sector Average 70%
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.0%
Last 30 Days ▲ 3.7%
Last 30 Days ▲ 3.7%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
175.71%
12-Months-Change
Fundamentals
Return on Equity
-26.15%
Trailing 12-Months
Asset Growth
-14.99%
Trailing 12-Months
Company Description
Trulieve Cannabis
Trulieve Cannabis Corp. engages in the provision of medical cannabis products. The firm cultivates and produces its products in-house and distributes to its branded stores, as well as directly to patients via home delivery. Its products include smokable flower, inhalation, oral, sublingual, topical, inter-nasal, and concentrates. The company was founded on September 21, 2018 and is headquartered in Quincy, FL.
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TCNNF Company Deck
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TCNNF Earnings Call
Q1 2024
0:00 / 0:00
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TCNNF Stock 12 Month Forecast
Average Price Target
$17.46
▲(42.53% Upside)
Technical Analysis
Best Analysts Covering TCNNF
1 Year
1 Year Success Rate
5/9 ratings generated profit
1 Year Average Return
+28.70%
assigned a buy rating 2 months ago
Copying Eric Des Lauriers's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +28.70% per trade.
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