Simply Better Brands (TRBR) AI Stock Analysis

• Market Cap: C$73.30M
• Dividend Yield: N/A
• Average Volume (3M): 300.13K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.42
• Revenue Growth: 2.99%
• EPS Growth: 63.75%
• Country: CA
• Employees: 35
• Sector: Consumer Defensive
• Sector Strength: 50
• Industry: Drug Manufacturers - Specialty & Generic
• EPS (TTM): -0.03
• Shares Outstanding: 107,792,854
• 10 Day Avg. Volume: 617,627
• 30 Day Avg. Volume: 300,127
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$2.25
• Price Target Upside: 230.88% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 45 Neutral
• Price Target: C$1.00 ▲(47.06% Upside)

Simply Better Brands' overall stock score is primarily impacted by its financial performance, which highlights significant challenges such as declining revenue and high leverage. Technical analysis suggests potential for a rebound, but bearish momentum persists. Valuation concerns due to negative earnings further weigh on the score.

Simply Better Brands Business Overview & Revenue Model

Company Description

Simply Better Brands Corp. manufactures and sells hemp-based cannabidiol related products in the United States. The company offers tinctures, topicals, capsules, gummies, pet tinctures and treats, bath bombs, pet wellness products, and skincare products comprising caffeine eye cream, retinol night cream, charcoal peel-off masks, moisturizers, serums, toner, cleanser, and acne patches. It also provides nutritious bars. The company offers its products under the PureKana, Tru Brand, BudaPets, and No BS brands. Simply Better Brands Corp. sells its products through its own e-commerce platforms, and brick and mortar retailers. The company was formerly known as PureK Holdings Corp. and changed its name to Simply Better Brands Corp. in May 2021. The company was founded in 2017 and is headquartered in Vancouver, Canada. Simply Better Brands Corp. is a subsidiary of Heavenly Rx Ltd.

How the Company Makes Money

Simply Better Brands generates revenue primarily through the sale of its health and wellness products across multiple channels, including e-commerce platforms and retail partnerships. The company benefits from a multi-faceted revenue model that includes direct-to-consumer sales, wholesale distribution to retailers, and collaborations with health professionals. Key revenue streams stem from its well-established brands, which are marketed through targeted digital marketing strategies and social media outreach. Additionally, strategic partnerships with retailers and health-focused companies enhance brand visibility and distribution, further contributing to its earnings.

Simply Better Brands Financial Statement Overview

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Cash, Cash Equivalents and Short-Term Investments
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Simply Better Brands Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.68
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:TRBR, the sentiment is Negative. The current price of 0.68 is below the 20-day moving average (MA) of 0.88, below the 50-day MA of 0.87, and below the 200-day MA of 0.95, indicating a bearish trend. The MACD of -0.03 indicates Positive momentum. The RSI at 28.99 is Positive, neither overbought nor oversold. The STOCH value of 16.67 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:TRBR.

Simply Better Brands Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	63 Neutral	$20.51B	14.42	-2.77%	3.14%	2.08%	-6.12%
TRBR	45 Neutral	C$73.30M	―	-345.90%	―	2.99%	63.75%
JUSH	44 Neutral	C$206.53M	―	155.52%	―	0.31%	-1.42%
CBWTF	―	$149.63M	7.25	22.40%	―	―	―
PLNH	―	$92.32M	―	-38.44%	―	―	―
DBCCF	―	$54.53M	5.13	22.76%	―	―	―
LOVFF	―	$119.71M	10.60	16.92%	―	―	―

Simply Better Brands Corporate Events

TRUBAR Inc. Launches High-Protein Kids Snack Line at Sprouts Farmers Market

TRUBAR Inc. has announced the launch of its new TRUBAR™ Kids Line, marking its entry into the kids’ snack bar market. The new product, which boasts the highest fiber and protein content among leading competitors, is allergy-friendly and available in Sprouts Farmers Market stores across 24 states. This launch is part of TRUBAR’s strategy to expand its market presence and appeal to health-conscious consumers of all ages, with plans for broader distribution through major online and retail platforms.

The most recent analyst rating on (TSE:TRBR) stock is a Buy with a C$1.75 price target. To see the full list of analyst forecasts on Simply Better Brands stock, see the TSE:TRBR Stock Forecast page.

TRUBAR Inc. Finalizes Severance Payment to Former CFO

TRUBAR Inc. has completed a one-time severance payment to its former CFO, Brian Meadows, amounting to CAD$100,000. This payment was made through the issuance of 98,075 common shares at CAD$0.81 per share, outside of the company’s equity incentive plan. The severance shares are subject to a statutory hold period and reflect the company’s adherence to TSXV Policy 4.4. This move may impact TRUBAR’s financial structuring and stakeholder relations, as it signifies a strategic decision in managing executive transitions.

The most recent analyst rating on (TSE:TRBR) stock is a Buy with a C$1.75 price target. To see the full list of analyst forecasts on Simply Better Brands stock, see the TSE:TRBR Stock Forecast page.

TRUBAR Expands U.S. Presence with Over 500 New Store Locations

TRUBAR Inc. has announced the expansion of its TRUBAR™ brand into over 500 additional stores across the U.S. Midwest, Pacific Northwest, and Colorado, enhancing its national presence. This strategic move is part of the company’s goal to increase retail distribution to 25,000 locations by the end of 2025, strengthening its market position and fostering partnerships with key regional grocery chains.

The most recent analyst rating on (TSE:TRBR) stock is a Buy with a C$1.75 price target. To see the full list of analyst forecasts on Simply Better Brands stock, see the TSE:TRBR Stock Forecast page.

TRUBAR Inc. Sells Personal Care Line to Focus on Core Snacking Business

TRUBAR Inc. has announced the sale of its subsidiary NO BS Life, LLC’s personal care product line to an independent third party. This strategic move aligns with TRUBAR’s focus on its core business of plant-based protein snacks, allowing the company to concentrate on expanding its TRUBAR™ brand, which is central to its growth strategy in the better-for-you snacking market.

The most recent analyst rating on (TSE:TRBR) stock is a Buy with a C$1.75 price target. To see the full list of analyst forecasts on Simply Better Brands stock, see the TSE:TRBR Stock Forecast page.

TRUBAR Inc. Announces CFO Separation Agreement and Severance Plan

TRUBAR Inc. has announced a Separation Agreement with its former CFO, Brian Meadows, which includes a one-time severance payment of CAD$100,000, payable in common shares. This move, pending TSX Venture Exchange approval, reflects the company’s strategic financial management and may impact its market positioning by demonstrating a commitment to resolving executive transitions smoothly.

The most recent analyst rating on (TSE:TRBR) stock is a Buy with a C$1.75 price target. To see the full list of analyst forecasts on Simply Better Brands stock, see the TSE:TRBR Stock Forecast page.