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Edible Garden AG , Inc. (EDBL)
NASDAQ:EDBL
RESEARCH TOOLSreports
Edible Garden AG , Inc. (EDBL) Stock Price & Analysis
51 Followers
EDBL Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.12 - $89.58
Previous Close$1.38
Volume52.48K
Average Volume (3M)766.72K
Market Cap
$4.36M
Enterprise Value$5.21M
Total Cash (Recent Filing)$0.00
Total Debt (Recent Filing)$852.00K
Price to Earnings (P/E)―
Beta2.02
Next Earnings
Aug 12, 2024EPS Estimate
-$4.21Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-47.17
Shares Outstanding549,392
10 Day Avg. Volume293,076
30 Day Avg. Volume766,724
Standard Deviation0.28
R-Squared0.14
Alpha-0.21
Financial Highlights & Ratios
Price to Book (P/B)0.20
Price to Sales (P/S)0.06
Price to Cash Flow (P/CF)-0.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.40
Enterprise Value/Gross Profit6.34
Enterprise Value/Ebitda-0.67
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusModerate Buy
Number of Analyst Covering1
Edible Garden AG , Inc. News
Bulls Say, Bears Say
Bulls Say
Distribution AgreementsThe company's ability to forge distribution agreements with major customers based on its agreements with Walmart and Meijer supports future optimism.
Operational EfficiencyThe shift towards in-house production with the Edible Garden Heartland facility is now responsible for approximately 95% of sales, marking a significant stride towards operational efficiency and cost reduction.
Product InnovationThe introduction of new product lines such as hot sauce and protein powders shows EDBL's commitment to innovation and market expansion.
Bears Say
Capital NeedsEDBL will likely require additional capital in the next 3-6 months due to an average cash burn of $1.4M per quarter.
Financial PerformanceEDBL experienced a GAAP loss per share wider than estimates.
Operational CostsThe use of high-cost contract growers has led to its current low gross margin profile.
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Options Prices
Currently, No data available
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Ownership Overview
74.13% Insiders
1.53% Mutual Funds
0.06% Other Institutional Investors
24.29% Public Companies and
Individual Investors
EDBL FAQ
What was Edible Garden AG , Inc.’s price range in the past 12 months?
Edible Garden AG , Inc. lowest stock price was $1.12 and its highest was $89.58 in the past 12 months.
What is Edible Garden AG , Inc.’s market cap?
Currently, no data Available
When is Edible Garden AG , Inc.’s upcoming earnings report date?
Edible Garden AG , Inc.’s upcoming earnings report date is Aug 12, 2024 which is in 20 days.
How were Edible Garden AG , Inc.’s earnings last quarter?
Currently, no data Available
Is Edible Garden AG , Inc. overvalued?
According to Wall Street analysts Edible Garden AG , Inc.’s price is currently Overvalued.
Does Edible Garden AG , Inc. pay dividends?
Edible Garden AG , Inc. does not currently pay dividends.
What is Edible Garden AG , Inc.’s EPS estimate?
Edible Garden AG , Inc.’s EPS estimate is -$4.21.
How many shares outstanding does Edible Garden AG , Inc. have?
Edible Garden AG , Inc. has 3,160,392 shares outstanding.
What happened to Edible Garden AG , Inc.’s price movement after its last earnings report?
Currently, no data Available
Which hedge fund is a major shareholder of Edible Garden AG , Inc.?
Currently, no hedge funds are holding shares in EDBL
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Edible Garden AG , Inc. Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
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Insider Transactions
Sold Shares
Worth $157.6K over
the Last 3 Months
the Last 3 Months
Technicals
SMA
Negative
20 days / 200 days
Momentum
-94.65%
12-Months-Change
Fundamentals
Return on Equity
-9999.00%
Trailing 12-Months
Asset Growth
-43.71%
Trailing 12-Months
Company Description
Edible Garden AG , Inc.
Edible Garden AG is a next generation controlled environment agriculture farming company. It uses traditional agricultural growing techniques together with technology to grow fresh, organic food, sustainably and safely while improving traceability. The company uses the controlled environment of traditional greenhouse structures, such as glass greenhouses, together with hydroponic and vertical greenhouses to sustainably grow organic herbs and lettuces.
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EDBL Earnings Call
Q1 2024
0:00 / 0:00
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EDBL Stock 12 Month Forecast
Average Price Target
―Technical Analysis
Best Analysts Covering EDBL
1 Year
1 Year Success Rate
0/9 ratings generated profit
1 Year Average Return
-87.20%
reiterated a buy rating 2 months ago
Copying Anthony Vendetti's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -87.20% per trade.
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