FY2025 EPS Estimates for Ascend Wellness Lowered by Cormark

Key Points

• Cormark has lowered its FY2025 earnings per share (EPS) estimate for Ascend Wellness Holdings to (0.44), down from a prior forecast of (0.41).
• The consensus estimate for Ascend Wellness' current full-year earnings stands at (0.40) per share, while Cormark also projects FY2026 earnings at (0.40) EPS.
• As of Wednesday, Ascend Wellness shares opened at $0.63 and the company has a market cap of $128.66 million.

Ascend Wellness Holdings, Inc. (OTC:AAWH - Free Report) - Investment analysts at Cormark reduced their FY2025 earnings per share (EPS) estimates for shares of Ascend Wellness in a note issued to investors on Monday, August 11th. Cormark analyst J. Pytlak now expects that the company will earn ($0.44) per share for the year, down from their prior forecast of ($0.41). The consensus estimate for Ascend Wellness' current full-year earnings is ($0.40) per share. Cormark also issued estimates for Ascend Wellness' FY2026 earnings at ($0.40) EPS.

Ascend Wellness Stock Performance

Shares of OTC AAWH opened at $0.63 on Wednesday. The stock has a fifty day moving average price of $0.37 and a two-hundred day moving average price of $0.36. The company has a debt-to-equity ratio of 2.61, a quick ratio of 0.80 and a current ratio of 1.47. The firm has a market cap of $128.66 million, a P/E ratio of -1.53 and a beta of 1.04. Ascend Wellness has a 1 year low of $0.26 and a 1 year high of $1.23.

Ascend Wellness Company Profile

Ascend Wellness Holdings, Inc engages in the cultivation, manufacture, and distribution of cannabis consumer packaged goods in the United States. The company offers flower, pre-rolls, concentrates, vapes, edibles, tinctures, and other cannabis-related products under the Common Goods, SimplyHerb, Ozone, Ozone Reserve, Royale, Tunnel Vision, Miss Grass, Lowell Smokes, Edie Parker, 1906, and AiroPro brands.

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