NASDAQ:EDBL Edible Garden (EDBL) Stock Forecast, Price & News $1.52 -0.03 (-1.94%) (As of 06/7/2023 ET) Add Compare Share Share Today's Range$1.50▼$1.5650-Day Range$1.47▼$2.3052-Week Range$1.46▼$64.50Volume19,777 shsAverage Volume536,019 shsMarket Capitalization$3.72 millionP/E RatioN/ADividend YieldN/APrice Target$7.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Edible Garden MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside360.5% Upside$7.00 Price TargetShort InterestBearish8.19% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.80Based on 3 Articles This WeekInsider TradingAcquiring Shares$3,190 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.87 out of 5 stars 3.5 Analyst's Opinion Consensus RatingEdible Garden has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.00, Edible Garden has a forecasted upside of 360.5% from its current price of $1.52.Amount of Analyst CoverageEdible Garden has only been the subject of 1 research reports in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted8.19% of the float of Edible Garden has been sold short.Short Interest Ratio / Days to CoverEdible Garden has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Edible Garden has recently increased by 3.15%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldEdible Garden does not currently pay a dividend.Dividend GrowthEdible Garden does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for EDBL. Previous Next 2.7 News and Social Media Coverage News SentimentEdible Garden has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.55 average news sentiment score of Consumer Staples companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Edible Garden this week, compared to 2 articles on an average week. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Edible Garden insiders have bought more of their company's stock than they have sold. Specifically, they have bought $3,190.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 5.50% of the stock of Edible Garden is held by insiders.Percentage Held by InstitutionsOnly 2.53% of the stock of Edible Garden is held by institutions. Previous Next 0.0 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Edible Garden is -0.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Edible Garden is -0.04, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Previous Next See Top Rated MarketRank™ Stocks Here About Edible Garden (NASDAQ:EDBL) StockEdible Garden AG Incorporated and its subsidiaries operate as a controlled environment agriculture farming company. It offers various products, including individually potted, live herbs, cut single-herb clamshells, specialty herb items, various types of lettuce, hydro basil, bulk basil, and vegan protein powder. The company sells its products to various regional and national supermarkets. Edible Garden AG Incorporated was founded in 2020 and is based in Belvidere, New Jersey.Read More Receive EDBL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Edible Garden and its competitors with MarketBeat's FREE daily newsletter. Email Address EDBL Stock News HeadlinesJune 5, 2023 | nytimes.comLearn About Edible Plants of the Caribbean at the New York Botanical GardenJune 1, 2023 | finance.yahoo.comEdible Garden Kicks-Off Summer Season- Broadens Distribution at King Kullen and IGA Locations Across Long Island, New YorkJune 8, 2023 | Behind the Markets (Ad)The single greatest medical breakthrough of all time?We are on the cusp of a medical breakthrough. And soon, this single breakthrough could lead to the cure of over 6,000 genetic diseases, including Alzheimer's, heart disease, and even cancer! This reminds me of Amgen, where early investors made as much as 46,751% when they released their revolutionary drug to the market.May 17, 2023 | markets.businessinsider.comMaxim Group Keeps Their Buy Rating on Edible Garden AG , Inc. (EDBL)May 17, 2023 | finance.yahoo.comEdible Garden Rolls Out “Garden Starters” Initiative; Provides New Sales Opportunity for the CompanyMay 15, 2023 | finanznachrichten.deEdible Garden AG Incorporated: Edible Garden Reports Financial Results and Provides Business Update for the First Quarter of 2023May 15, 2023 | finance.yahoo.comEdible Garden Reports Financial Results and Provides Business Update for the First Quarter of 2023May 14, 2023 | americanbankingnews.comShort Interest in Edible Garden AG Incorporated (NASDAQ:EDBL) Declines By 15.8%June 8, 2023 | UNKNOWN (Ad)This NASDAQ Stock Is The Amazon Of Medical SupplyThis Little Known Company IS Quickly Becoming The Amazon Of Medical Supply. Learn More NowMay 9, 2023 | finance.yahoo.comEdible Garden Schedules First Quarter 2023 Financial Results and Business Update Conference CallMay 1, 2023 | finance.yahoo.comEdible Garden Begins Shipping Spring Ornamentals Grown in the New Edible Garden Heartland Facility in Grand Rapids, MichiganApril 26, 2023 | americanbankingnews.comEdible Garden (EDBL) vs. The Competition Financial SurveyApril 26, 2023 | americanbankingnews.comComparing Edible Garden (EDBL) and Its PeersApril 26, 2023 | americanbankingnews.comHead to Head Analysis: Edible Garden (EDBL) vs. Its PeersApril 25, 2023 | americanbankingnews.comContrasting Edible Garden (EDBL) & Its RivalsApril 23, 2023 | americanbankingnews.comHead-To-Head Survey: Edible Garden (EDBL) versus Its CompetitorsApril 21, 2023 | americanbankingnews.comHead-To-Head Contrast: Edible Garden (EDBL) vs. Its PeersApril 21, 2023 | americanbankingnews.comContrasting Edible Garden (NASDAQ:EDBL) and Scheid Vineyards (OTCMKTS:SVIN)April 20, 2023 | americanbankingnews.comCritical Review: Edible Garden (EDBL) and Its PeersApril 20, 2023 | americanbankingnews.comHead-To-Head Contrast: Edible Garden (EDBL) versus Its PeersApril 20, 2023 | americanbankingnews.comEdible Garden (EDBL) & The Competition Financial SurveyApril 18, 2023 | marketwatch.comEdible Garden Announces Official Launch of Edible Garden Heartland Zero-Waste Inspired(R) Multifaceted AgTech Facility in Grand Rapids, MichiganApril 18, 2023 | finance.yahoo.comEdible Garden Demonstrates Leadership Position and Commitment to Food Safety Including Food Safety Research Study Collaboration with Auburn UniversityApril 18, 2023 | americanbankingnews.comEdible Garden (EDBL) versus Its Rivals Financial AnalysisApril 17, 2023 | finance.yahoo.comEdible Garden Announces Official Launch of Edible Garden Heartland Zero-Waste Inspired® Multifaceted AgTech Facility in Grand Rapids, MichiganApril 17, 2023 | americanbankingnews.comAnalyzing Edible Garden (EDBL) and Its RivalsApril 17, 2023 | finance.yahoo.comIt's Down 50% But Edible Garden AG Incorporated (NASDAQ:EDBL) Could Be Riskier Than It LooksSee More Headlines EDBL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart EDBL Company Calendar Last Earnings3/22/2023Today6/07/2023Next Earnings (Estimated)8/21/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Agricultural production - crops Sub-IndustryN/A SectorConsumer Staples Current SymbolNASDAQ:EDBL CUSIPN/A CIK1809750 Webwww.ediblegarden.com Phone908-750-3953FaxN/AEmployeesN/AYear FoundedN/APrice Target and Rating Average Stock Price Forecast$7.00 High Stock Price Forecast$7.00 Low Stock Price Forecast$7.00 Forecasted Upside/Downside+354.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($38.9672) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-12,450,000.00 Net Margins-112.80% Pretax Margin-112.31% Return on Equity-1,557.23% Return on Assets-140.81% Debt Debt-to-Equity Ratio1.01 Current Ratio2.27 Quick Ratio1.89 Sales & Book Value Annual Sales$11.55 million Price / Sales0.33 Cash FlowN/A Price / Cash FlowN/A Book Value($6.11) per share Price / Book-0.25Miscellaneous Outstanding Shares2,450,000Free Float2,314,000Market Cap$3.77 million OptionableNot Optionable BetaN/A Key ExecutivesMr. James E. Kras (Age 54)CEO, Pres & Chair Comp: $200kMr. Michael C. James (Age 65)CFO, Treasurer, Sec. & Director Comp: $200kMr. Scott PrendergastChief Data OfficerKey CompetitorsSave FoodsNASDAQ:SVFDGreenlaneNASDAQ:GNLNBit OriginNASDAQ:BTOGEastside DistillingNASDAQ:EASTRiceBran TechnologiesNASDAQ:RIBTView All CompetitorsInsiders & InstitutionsPamela DonaromaBought 1,000 shares on 6/2/2023Total: $1,510.00 ($1.51/share)James E KrasBought 1,000 shares on 5/18/2023Total: $1,680.00 ($1.68/share)Sabby Management LLCBought 42,500 shares on 5/16/2023Ownership: 1.735%Michael C JamesBought 33 shares on 9/14/2022Total: $871.20 ($26.40/share)James E KrasBought 29 shares on 9/14/2022Total: $817.80 ($28.20/share)View All Insider TransactionsView All Institutional Transactions EDBL Stock - Frequently Asked Questions Should I buy or sell Edible Garden stock right now? 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Edible Garden in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" EDBL shares. View EDBL analyst ratings or view top-rated stocks. What is Edible Garden's stock price forecast for 2023? 1 equities research analysts have issued twelve-month price targets for Edible Garden's stock. Their EDBL share price forecasts range from $7.00 to $7.00. On average, they predict the company's stock price to reach $7.00 in the next twelve months. This suggests a possible upside of 354.5% from the stock's current price. View analysts price targets for EDBL or view top-rated stocks among Wall Street analysts. How have EDBL shares performed in 2023? Edible Garden's stock was trading at $6.30 at the beginning of the year. Since then, EDBL stock has decreased by 75.6% and is now trading at $1.54. View the best growth stocks for 2023 here. When is Edible Garden's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 21st 2023. View our EDBL earnings forecast. How were Edible Garden's earnings last quarter? Edible Garden AG Incorporated (NASDAQ:EDBL) announced its quarterly earnings data on Wednesday, March, 22nd. The company reported ($9.13) earnings per share for the quarter. The firm earned $3.08 million during the quarter. Edible Garden had a negative trailing twelve-month return on equity of 1,557.23% and a negative net margin of 112.80%. When did Edible Garden's stock split? Edible Garden's stock reverse split on Wednesday, January 25th 2023. The 1-30 reverse split was announced on Wednesday, January 25th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Wednesday, January 25th 2023. An investor that had 100 shares of stock prior to the reverse split would have 3 shares after the split. When did Edible Garden IPO? (EDBL) raised $14 million in an initial public offering (IPO) on Thursday, May 5th 2022. The company issued 2,900,000 shares at a price of $5.00 per share. Maxim Group and Joseph Gunnar acted as the underwriters for the IPO. What is Edible Garden's stock symbol? Edible Garden trades on the NASDAQ under the ticker symbol "EDBL." Who are Edible Garden's major shareholders? Edible Garden's stock is owned by a number of institutional and retail investors. Top institutional investors include Sabby Management LLC (1.74%). Insiders that own company stock include James E Kras, Michael C James and Pamela Donaroma. View institutional ownership trends. How do I buy shares of Edible Garden? Shares of EDBL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Edible Garden's stock price today? One share of EDBL stock can currently be purchased for approximately $1.54. How much money does Edible Garden make? Edible Garden (NASDAQ:EDBL) has a market capitalization of $3.77 million and generates $11.55 million in revenue each year. The company earns $-12,450,000.00 in net income (profit) each year or ($38.9672) on an earnings per share basis. How can I contact Edible Garden? The official website for the company is www.ediblegarden.com. The company can be reached via phone at 908-750-3953 or via email at edbl@crescendo-ir.com. This page (NASDAQ:EDBL) was last updated on 6/8/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Edible Garden AG Incorporated Please log in to your account or sign up in order to add this asset to your watchlist. 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