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TerrAscend Corp (TSNDF)
OTHER OTC:TSNDF
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TSNDF Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$1.07 - $2.45
Previous Close$1.17
Volume124.90K
Average Volume (3M)337.60K
Market Cap
$415.37M
Enterprise Value$635.70M
Total Cash (Recent Filing)$29.11M
Total Debt (Recent Filing)$247.96M
Price to Earnings (P/E)―
Beta1.63
Next Earnings
Nov 21, 2024EPS Estimate
-$0.03Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.28
Shares Outstanding354,999,468
10 Day Avg. Volume204,437
30 Day Avg. Volume337,602
Standard Deviation0.22
R-Squared0.16
Alpha-0.02
Financial Highlights & Ratios
Price to Book (P/B)1.86
Price to Sales (P/S)1.24
Price to Cash Flow (P/CF)7.90
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.90
Enterprise Value/Gross Profit3.98
Enterprise Value/Ebitda20.78
Forecast
1Y Price Target
$2.67Price Target Upside128.31% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering3
TerrAscend Corp News
PremiumCompany Announcements
TerrAscend Executives to Speak at Life Sciences Conference
PremiumCompany Announcements
TerrAscend Launches $10 Million Share Buyback
PremiumCompany Announcements
TerrAscend Secures $140M Loan, Strengthens Financial Footing
PremiumPress Releases
TerrAscend Completes $140 Million Debt FinancingBulls 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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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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TSNDF FAQ
What was TerrAscend Corp’s price range in the past 12 months?
TerrAscend Corp lowest stock price was $1.07 and its highest was $2.45 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 in 62 days.
How were TerrAscend Corp’s earnings last quarter?
TerrAscend Corp released its earnings results on Aug 08, 2024. The company reported -$0.03 earnings per share for the quarter, missing the consensus estimate of -$0.017 by -$0.013.
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 -$0.03.
How many shares outstanding does TerrAscend Corp have?
TerrAscend Corp has 291,519,530 shares outstanding.
What happened to TerrAscend Corp’s price movement after its last earnings report?
TerrAscend Corp reported an EPS of -$0.03 in its last earnings report, missing expectations of -$0.017. Following the earnings report the stock price went down -2.222%.
Which hedge fund is a major shareholder of TerrAscend Corp?
Currently, no hedge funds are holding shares in TSNDF
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TerrAscend Corp Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$2.67 (128.31% Upside)
$2.67 (128.31% Upside)
Blogger Sentiment
Bullish
TSNDF Sentiment 100%
Sector Average 70%
Sector Average 70%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-44.79%
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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TSNDF Stock 12 Month Forecast
Average Price Target
$2.67
▲(128.31% Upside)
Technical Analysis
Best Analysts Covering TSNDF
1 Year
1 Year Success Rate
10/32 ratings generated profit
1 Year Average Return
+18.55%
reiterated a buy rating last month
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 +18.55% per trade.
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