Graphene Manufacturing Group Ltd (TSE:GMG)
TSXV:GMG

Graphene Manufacturing Group Ltd (GMG) Stock Forecast & Price Target

95 Followers
See the Price Targets and Ratings of:

GMG Analyst Ratings

Currently, no data available
Based on 0 analysts giving stock ratings to
Graphene
Manufacturing Group Ltd
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

GMG Stock 12 Month Forecast

There Are No Analyst Ratings for TSE:GMG In The Last 3 Months.
Highest Price TargetAverage Price TargetLowest Price Target
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

GMG Financial Forecast

GMG Earnings Forecast

Next quarter’s earnings estimate for GMG is -C$0.04 with a range of -C$0.04 to -C$0.04. The previous quarter’s EPS was -C$0.02. GMG beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 38.37% of the time in the same period. In the last calendar year GMG has Outperformed its overall industry.
Next quarter’s earnings estimate for GMG is -C$0.04 with a range of -C$0.04 to -C$0.04. The previous quarter’s EPS was -C$0.02. GMG beat its EPS estimate 50.00% of the time in the past 12 months, while its overall industry beat the EPS estimate 38.37% of the time in the same period. In the last calendar year GMG has Outperformed its overall industry.

GMG Sales Forecast

Next quarter’s sales forecast for GMG is C$77.33K with a range of C$77.33K to C$77.33K. The previous quarter’s sales results were C$47.07K. GMG beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 42.17% of the time in the same period. In the last calendar year GMG has Outperformed its overall industry.
Next quarter’s sales forecast for GMG is C$77.33K with a range of C$77.33K to C$77.33K. The previous quarter’s sales results were C$47.07K. GMG beat its sales estimates 50.00% of the time in past 12 months, while its overall industry beat sales estimates 42.17% of the time in the same period. In the last calendar year GMG has Outperformed its overall industry.

Detailed List of Analyst Forecasts​

Analyst Performance
Any
Any
Analyst Rating
Any
Any
Upside / Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
H.C. Wainwright
C$8
Buy
C$8.00
(1169.84% Upside)
Reiterated
04/25/24
We believe the company has been making progress on multiple fronts as it gets closer to meaningful commercial sales. GMG's THERMAL-XR offering were awarded DC, last week. We believe these awards are supported by the performance of this offering in the field where THERMAL-XR has demonstrated 15% to 36% improvement in energy efficiency at various demo installations and also demonstrated corrosion protection in HVAC systems for beachfront hotels. We believe the company's distribution partnership with Nu Calgon remains an important catalyst for sales in North America.

Best Analysts Covering Graphene Manufacturing Group Ltd

Which Analyst Should I Follow If I Want to Buy TSE:GMG and Sell After:
1 Month
xxx
Success Rate
0/3 ratings generated profit
0%
Average Return
-12.47%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 1 Month would result in 0.00% of your transactions generating a profit, with an average return of -12.47% per trade.
3 Months
xxx
Success Rate
2/3 ratings generated profit
67%
Average Return
+14.50%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 66.67% of your transactions generating a profit, with an average return of +14.50% per trade.
1 Year
Amit DayalH.C. Wainwright
Success Rate
1/3 ratings generated profit
33%
Average Return
-26.30%
reiterated a buy rating 3 months ago
Copying Amit Dayal's trades and holding each position for 1 Year would result in 33.33% of your transactions generating a profit, with an average return of -26.30% per trade.
2 Years
xxx
Success Rate
1/3 ratings generated profit
33%
Average Return
-40.23%
reiterated a xxx
rating 3 months ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 33.33% of your transactions generating a profit, with an average return of -40.23% per trade.
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.

GMG Analyst Recommendation Trends

Rating
Dec 22
Mar 23
Apr 24
Strong Buy
1
2
3
Buy
0
0
0
Hold
0
0
0
Sell
0
0
0
Strong Sell
0
0
0
total
1
2
3
In the current month, GMG has received 3 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. GMG average Analyst price target in the past 3 months is .
Each month's total comprises the sum of three months' worth of ratings.
Stocks with the Highest Top Analyst Consensus in the Basic Materials Sector
Find stocks in the Basic Materials sector that are highly recommended by Top Performing Analysts.

GMG Stock Forecast FAQ

What is TSE:GMG’s average 12-month price target, according to analysts?
Currently, no data Available
What is TSE:GMG’s upside potential, based on the analysts’ average price target?
Currently there's no upside potential for TSE:GMG, based on the analysts’ average price target.
Can I see which stocks the top-ranking analysts are rating?
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.
    How can I follow the stock ratings of top Wall Street analysts?
    Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
      Is TSE:GMG a Buy, Sell or Hold?
      Currently, no data Available
      What is Graphene Manufacturing Group Ltd’s price target?
      Currently, no data Available
      What do analysts say about Graphene Manufacturing Group Ltd?
      Not enough analysts have published a price target to provide an average price target.
      How can I buy shares of TSE:GMG?
      Open a brokerage account, see exclusive account opening deals on our Best Online Brokers page.
        What's Included in PREMIUM?
        Make informed decisions based on Top Analysts' activity
        Know what industry insiders are buying
        Get actionable alerts from top Wall Street Analysts
        Find out before anyone else which stock is going to shoot up
        Get powerful stock screeners & detailed portfolio analysis