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TerrAscend Corp (TSE:TSND)
TSX:TSND
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TSND Stock Chart & Stats
Day’s RangeC$0 - C$0
52-Week RangeC$1.51 - C$3.21
Previous CloseC$1.51
Volume73.32K
Average Volume (3M)171.04K
Market Cap
C$537.39M
Enterprise ValueC$836.53M
Total Cash (Recent Filing)$29.11M
Total Debt (Recent Filing)$247.96M
Price to Earnings (P/E)―
Beta1.84
Next Earnings
Nov 21, 2024EPS Estimate
-C$0.04Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.38
Shares Outstanding354,999,468
10 Day Avg. Volume82,307
30 Day Avg. Volume171,044
Standard Deviation0.22
R-Squared0.15
Alpha-0.01
Financial Highlights & Ratios
Price to Book (P/B)2.40
Price to Sales (P/S)1.18
Price to Cash Flow (P/CF)7.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.50
Enterprise Value/Gross Profit5.24
Enterprise Value/Ebitda27.35
Forecast
1Y Price Target
C$3.63Price Target Upside140.40% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
TerrAscend Corp News
PremiumCompany Announcements
TerrAscend Expands into Ohio Cannabis Market
PremiumCompany Announcements
TerrAscend Corp. Expands with Ohio Market Entry
PremiumCompany Announcements
TerrAscend Announces Upcoming Q3 Earnings Call
PremiumCompany Announcements
TerrAscend Secures Final Draw on $140M FinancingPremiumCompany Announcements
TerrAscend Executives to Speak at Life Sciences Conference
PremiumCompany Announcements
TerrAscend Launches $10 Million Share BuybackBulls Say, Bears Say
Bulls Say
Financial PerformanceTerrAscend 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, the ramping of its Maryland cultivation facility, and continued wholesale penetration in New Jersey and Pennsylvania.
Wholesale SegmentThe Company’s wholesale segment continued to gain ground, beating segment sales forecasts by a large margin for the second consecutive quarter.
Bears Say
Competitive PressuresRetail sales continued to face pressure from heightened competition in New Jersey, driven from emerging third-party stores.
Revenue ExpectationsRevenue printed slightly below expectations.
Sales Guidance3Q guidance calls for flat to slightly down sales.
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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$1.51 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 Nov 21, 2024 which is 2 days ago.
How were TerrAscend Corp’s earnings last quarter?
TerrAscend Corp released its earnings results on Aug 08, 2024. The company reported -C$0.041 earnings per share for the quarter, missing the consensus estimate of -C$0.023 by -C$0.018.
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$0.04.
How many shares outstanding does TerrAscend Corp have?
TerrAscend Corp has 292,394,260 shares outstanding.
What happened to TerrAscend Corp’s price movement after its last earnings report?
TerrAscend Corp reported an EPS of -C$0.041 in its last earnings report, missing expectations of -C$0.023. Following the earnings report the stock price went down -1.087%.
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$3.63 (140.40% Upside)
C$3.63 (140.40% Upside)
Blogger Sentiment
Bullish
TSE:TSND Sentiment 100%
Sector Average 71%
Sector Average 71%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-44.28%
12-Months-Change
Fundamentals
Return on Equity
-31.19%
Trailing 12-Months
Asset Growth
-5.40%
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$3.63
▲(140.40% Upside)
Technical Analysis
Best Analysts Covering TSND
1 Year
1 Year Success Rate
10/32 ratings generated profit
1 Year Average Return
+18.11%
reiterated a buy rating 4 months ago
Copying Noel Atkinson's trades and holding each position for 1 Year would result in 31.25% of your transactions generating a profit, with an average return of +18.11% per trade.
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