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TerrAscend Corp (TSE:TSND)
TSX:TSND
TerrAscend Corp (TSND) Stock Price & Analysis
182 Followers
TSND Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$1.57 - C$3.21
Previous CloseC$1.85
Volume124.59K
Average Volume (3M)205.82K
Market Cap
C$656.75M
Enterprise ValueC$967.74M
Total Cash (Recent Filing)$24.63M
Total Debt (Recent Filing)$250.92M
Price to Earnings (P/E)―
Beta1.09
Next Earnings
Aug 08, 2024EPS Estimate
-C$0.02Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.41
Shares Outstanding291,284,814
10 Day Avg. Volume126,460
30 Day Avg. Volume205,822
Standard Deviation0.22
R-Squared0.15
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)-4.55
Price to Sales (P/S)1.75
Price to Cash Flow (P/CF)7.80
P/FCF Ratio2.60
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.95
Enterprise Value/Gross Profit6.06
Enterprise Value/Ebitda64.48
Forecast
1Y Price Target
C$4.31Price Target Upside130.48% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering5
TerrAscend Corp News
PremiumCompany Announcements
TerrAscend Announces Q2 2024 Earnings Call
PremiumCompany Announcements
TerrAscend Shareholders Approve Key Resolutions
PremiumCompany Announcements
TerrAscend Opens New Cannabis Dispensary in Maryland
PremiumCompany Announcements
TerrAscend Opens 20th Michigan DispensaryBulls Say, Bears Say
Bulls Say
Free Cash Flow And Debt RepaymentTerrAscend generated $10.3M of free cash flow and ended the quarter with a cash balance of $25.8M, inclusive of repaying ~$10M principal of debt.
Growth DriversGrowth drivers ahead include Pennsylvania potentially legalizing adult-use cannabis sales and the ramping of its Maryland cultivation facility.
Wholesale Segment PerformanceThe Company's wholesale segment continued to gain ground, beating segment sales forecasts by a large margin for the second consecutive quarter.
Bears Say
Financial PerformanceTerrAscend's 1Q24 results aligned with March guidance, which anticipated a modest sequential decline in revenue and margin rate due to competitive pressures on NJ retail productivity.
Retail SalesRetail sales continued to face pressure from heightened competition in New Jersey, driven from emerging third-party stores.
RevenueRevenue printed slightly below expectations.
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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$1.57 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 Aug 08, 2024 which is in 17 days.
How were TerrAscend Corp’s earnings last quarter?
TerrAscend Corp released its earnings results on May 09, 2024. The company reported -C$0.082 earnings per share for the quarter, missing the consensus estimate of -C$0.029 by -C$0.053.
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$0.02.
How many shares outstanding does TerrAscend Corp have?
TerrAscend Corp has 291,507,420 shares outstanding.
What happened to TerrAscend Corp’s price movement after its last earnings report?
TerrAscend Corp reported an EPS of -C$0.082 in its last earnings report, missing expectations of -C$0.029. Following the earnings report the stock price went down -1.732%.
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
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
C$4.31 (130.48% Upside)
C$4.31 (130.48% Upside)
Blogger Sentiment
Bullish
TSE:TSND Sentiment 100%
Sector Average 71%
Sector Average 71%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-15.90%
12-Months-Change
Fundamentals
Return on Equity
-32.93%
Trailing 12-Months
Asset Growth
-6.57%
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 Month Forecast
Average Price Target
C$4.31
▲(130.48% Upside)
Technical Analysis
Best Analysts Covering TSND
1 Year
1 Year Success Rate
10/31 ratings generated profit
1 Year Average Return
+20.68%
reiterated a buy rating 2 months ago
Copying Noel Atkinson's trades and holding each position for 1 Year would result in 32.26% of your transactions generating a profit, with an average return of +20.68% per trade.
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