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Edible Garden AG , Inc. (EDBL)
NASDAQ:EDBL
EDBL Stock Chart & Stats
Day’s Range― - ―
52-Week Range$0.12 - $12.47
Previous CloseN/A
Volume17.80M
Average Volume (3M)8.53M
Market Cap
$7.09M
Enterprise Value$743.66K
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)―
Beta2.69
Next Earnings
Mar 19, 2025EPS Estimate
-0.36Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-30.38
Shares Outstanding30,390,059
10 Day Avg. Volume9,169,338
30 Day Avg. Volume8,534,172
Standard Deviation0.34
R-Squared0.04
Alpha-0.19
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)0.31
Price to Cash Flow (P/CF)-1.00
P/FCF Ratio0.00
Enterprise Value/Market Cap0.10
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit0.90
Enterprise Value/Ebitda-0.09
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusModerate Buy
Number of Analyst Covering0
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Bulls Say, Bears Say
Bulls Say
Financial PerformanceThe company's 2Q24 gross profit represented a 183% y/y increase, driven by a substantial improvement in gross margins from a reduced reliance on contract growers.
Operational EfficiencyReallocating production capacity toward higher-margin products should increase throughput and reduce reliance on contract growers, enhancing the company's path to profitability.
Retail PartnershipsThe shift positions EDBL to better serve key partners like Walmart and Meijer with timely, quality supply, especially for a historically strong sales period.
Bears Say
Stock DilutionSignificant dilution from the recent capital raise is a primary reason for lowering the 12-month price target to $0.50, from $12.00.
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Options Prices
Currently, No data available
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Ownership Overview
2.12% Insiders
0.06% Mutual Funds
3.07% Other Institutional Investors
94.75% 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 $0.12 and its highest was $12.47 in the past 12 months.
What is Edible Garden AG , Inc.’s market cap?
Edible Garden AG , Inc.’s market cap is $7.09M.
When is Edible Garden AG , Inc.’s upcoming earnings report date?
Edible Garden AG , Inc.’s upcoming earnings report date is Mar 19, 2025 which is in 25 days.
How were Edible Garden AG , Inc.’s earnings last quarter?
Edible Garden AG , Inc. released its earnings results on Nov 13, 2024. The company reported -$0.65 earnings per share for the quarter, missing the consensus estimate of -$0.43 by -$0.22.
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 -0.36.
How many shares outstanding does Edible Garden AG , Inc. have?
Edible Garden AG , Inc. has 30,390,059 shares outstanding.
What happened to Edible Garden AG , Inc.’s price movement after its last earnings report?
Edible Garden AG , Inc. reported an EPS of -$0.65 in its last earnings report, missing expectations of -$0.43. Following the earnings report the stock price went down -11.765%.
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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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
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted significant improvements in gross profit and strategic business shifts towards higher-margin products, along with strengthened financials through capital raising and debt reduction. However, revenue declined in Q3 2024 due to strategic shifts and weather impacts, although the company remains optimistic about future growth and profitability.Read More>---
EDBL Stock 12 Month Forecast
Average Price Target
―Technical Analysis
Conagra Brands
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Cresud Sociedad
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Scotts Miracle-Gro Company
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GrowGeneration
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Village Farms International
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Best Analysts Covering EDBL
1 Year
1 Year Success Rate
1/11 ratings generated profit
1 Year Average Return
-79.92%
reiterated a buy rating 3 months ago
Copying Anthony Vendetti's trades and holding each position for 1 Year would result in 9.09% of your transactions generating a profit, with an average return of -79.92% per trade.
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